The Goldman Sachs Group (NYSE:GS) Stock Gets Price Target Reduction from UBS Group

The Goldman Sachs Group (NYSE:GS) had its price objective decreased by UBS Group from $1,010.00 to $1,000.00 in a research note published on Monday morning,Benzinga reports. UBS Group currently has a neutral rating on the investment management company’s stock.

Several other analysts have also recently issued reports on the stock. Jefferies Financial Group set a $1,299.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Citigroup reiterated a “market perform” rating on shares of The Goldman Sachs Group in a research note on Wednesday, October 14th. TD Cowen started coverage on The Goldman Sachs Group in a research report on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 target price for the company. Freedom Broker upgraded The Goldman Sachs Group from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $1,200.00 to $1,100.00 in a research note on Friday, October 23rd. Finally, Wall Street Zen raised The Goldman Sachs Group from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $1,052.04.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $929.21 on Monday. The company has a current ratio of 0.61, a quick ratio of 0.63 and a debt-to-equity ratio of 3.20. The firm has a market cap of $268.01 billion, a price-to-earnings ratio of 12.88, a price-to-earnings-growth ratio of 0.84 and a beta of 1.29. The company’s 50-day moving average is $939.32 and its two-hundred day moving average is $957.43. The Goldman Sachs Group has a 12-month low of $754.00 and a 12-month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.86 by $4.15. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 20.21%. The firm had revenue of $18.68 billion for the quarter, compared to analyst estimates of $16.83 billion. During the same quarter last year, the business earned $12.25 earnings per share. The Goldman Sachs Group’s revenue was up 23.0% compared to the same quarter last year. Research analysts expect that The Goldman Sachs Group will post 71.49 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be issued a $5.00 dividend. This represents a $20.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 28.76%.

Insider Activity at The Goldman Sachs Group

In other news, CEO David M. Solomon sold 12,000 shares of the stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total value of $10,928,640.00. Following the completion of the sale, the chief executive officer owned 159,180 shares in the company, valued at $144,968,409.60. This represents a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ericka T. Leslie sold 250 shares of the stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $890.25, for a total value of $222,562.50. Following the completion of the sale, the insider owned 10,710 shares of the company’s stock, valued at $9,534,577.50. The trade was a 2.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 12,500 shares of company stock worth $11,380,508. 0.55% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Strive Financial Group LLC increased its holdings in shares of The Goldman Sachs Group by 316.7% in the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after purchasing an additional 19 shares during the period. BOK Financial Private Wealth Inc. raised its position in shares of The Goldman Sachs Group by 188.9% in the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock worth $26,000 after buying an additional 17 shares in the last quarter. Turim 21 Investimentos Ltda. bought a new stake in The Goldman Sachs Group during the first quarter valued at $25,000. Cherry Tree Wealth Management LLC grew its position in The Goldman Sachs Group by 100.0% during the third quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock worth $27,000 after buying an additional 15 shares in the last quarter. Finally, Clearstead Trust LLC bought a new position in The Goldman Sachs Group in the 2nd quarter worth about $33,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key The Goldman Sachs Group News

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman Sachs and Apollo are reportedly in talks related to selling a $40 billion SpaceX AI deal. If Goldman helps arrange or execute the transaction, it could generate advisory or financing fees. Article: Goldman, Apollo in Talks to Sell SpaceX’s $40 Billion AI Deal
• Positive Sentiment: Goldman is also reported to be in talks to acquire a controlling stake in a South Korean mobility app. A transaction could create investment opportunities, although terms and the outcome were not reported. Article: Goldman Sachs Enters Talks For Controlling Stake In South Korean Mobility App
• Neutral Sentiment: Goldman’s strategist said corporate leaders may accelerate plans to expand computing capacity amid uncertainty about future policy. That could support AI-related investment, but the article does not identify a direct or immediate benefit to Goldman’s results. Article: The AI Trade Has Been Sold to Death, but Goldman Strategist Highlights Silver Lining
• Negative Sentiment: Goldman has reportedly limited access to certain AI coding tools to engineers and quantitative specialists after reviewing productivity and risk controls. The move may limit broader employee use of the tools, though the financial impact is unclear. Article: Goldman Benches Its Vibe Coders While BNY Lets Everyone Build

About The Goldman Sachs Group

The Goldman Sachs Group, Inc is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individual investors. Its investment banking activities include advising on mergers and acquisitions, public and private offerings, restructurings and other strategic transactions.

Through its global markets businesses, Goldman Sachs helps clients buy and sell securities and other financial instruments and provides financing, risk management and market-making services.