Research Analysts’ Weekly Ratings Changes for The Goldman Sachs Group (GS)

The Goldman Sachs Group (NYSE: GS) has recently received a number of price target changes and ratings updates:

• 4/3/2025 – The Goldman Sachs Group had its price target lowered by analysts at JPMorgan Chase & Co. from $625.00 to $614.00. They now have an “overweight” rating on the stock.
• 4/1/2025 – The Goldman Sachs Group had its price target lowered by analysts at Evercore ISI from $660.00 to $594.00. They now have an “outperform” rating on the stock.
• 3/28/2025 – The Goldman Sachs Group had its price target lowered by analysts at Wells Fargo & Company from $720.00 to $680.00. They now have an “overweight” rating on the stock.
• 3/25/2025 – The Goldman Sachs Group had its price target raised by analysts at JPMorgan Chase & Co. from $605.00 to $625.00. They now have an “overweight” rating on the stock.
• 3/24/2025 – The Goldman Sachs Group had its price target lowered by analysts at Citigroup Inc. from $585.00 to $550.00. They now have a “neutral” rating on the stock.
• 3/19/2025 – The Goldman Sachs Group was downgraded by analysts at Oppenheimer Holdings Inc. from an “outperform” rating to a “market perform” rating.
• 3/13/2025 – The Goldman Sachs Group had its price target lowered by analysts at Morgan Stanley from $782.00 to $659.00. They now have an “overweight” rating on the stock.
• 2/28/2025 – The Goldman Sachs Group had its “overweight” rating reaffirmed by analysts at Wells Fargo & Company.
• 2/27/2025 – The Goldman Sachs Group was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $660.00 price target on the stock, down previously from $690.00.
• 2/19/2025 – The Goldman Sachs Group had its price target raised by analysts at Wells Fargo & Company from $680.00 to $720.00. They now have an “overweight” rating on the stock.

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock traded down $42.50 during mid-day trading on Thursday, hitting $520.60. 2,890,095 shares of the company traded hands, compared to its average volume of 2,285,470. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a fifty day moving average price of $603.45 and a 200-day moving average price of $573.30. The Goldman Sachs Group, Inc. has a one year low of $387.12 and a one year high of $672.19. The stock has a market cap of $162.45 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, beating analysts’ consensus estimates of $8.21 by $3.74. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The company had revenue of $13.87 billion during the quarter, compared to analyst estimates of $12.36 billion. During the same period in the prior year, the business posted $5.48 EPS. The firm’s revenue was up 22.5% compared to the same quarter last year. On average, equities analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were issued a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend was Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio is 29.59%.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 7,498 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $634.69, for a total value of $4,758,905.62. Following the completion of the transaction, the insider now directly owns 9,589 shares in the company, valued at approximately $6,086,042.41. The trade was a 43.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kevin R. Johnson purchased 2,400 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $619.02 per share, with a total value of $1,485,648.00. Following the completion of the purchase, the director now owns 2,400 shares of the company’s stock, valued at $1,485,648. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 19,925 shares of company stock worth $12,630,683. 0.55% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new stake in shares of The Goldman Sachs Group in the third quarter valued at about $206,000. Benjamin Edwards Inc. increased its holdings in shares of The Goldman Sachs Group by 493.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 7,585 shares of the investment management company’s stock worth $3,757,000 after buying an additional 6,306 shares during the last quarter. Ascent Group LLC raised its position in The Goldman Sachs Group by 18.6% in the third quarter. Ascent Group LLC now owns 1,751 shares of the investment management company’s stock valued at $867,000 after purchasing an additional 274 shares during the period. Hilltop Holdings Inc. boosted its stake in The Goldman Sachs Group by 115.8% during the third quarter. Hilltop Holdings Inc. now owns 3,869 shares of the investment management company’s stock worth $1,915,000 after buying an additional 2,076 shares during the period. Finally, Janus Henderson Group PLC raised its position in The Goldman Sachs Group by 154.7% in the third quarter. Janus Henderson Group PLC now owns 414,867 shares of the investment management company’s stock valued at $205,403,000 after purchasing an additional 251,972 shares during the period. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.