BMO Capital Markets Issues Pessimistic Forecast for The Goldman Sachs Group (NYSE:GS) Stock Price

The Goldman Sachs Group (NYSE:GS) had its target price decreased by research analysts at BMO Capital Markets from $985.00 to $905.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage presently has a “market perform” rating on the investment management company’s stock. BMO Capital Markets’ price objective suggests a potential upside of 4.42% from the company’s current price.

A number of other analysts have also weighed in on the company. Keefe, Bruyette & Woods upped their target price on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a report on Friday, January 16th. JPMorgan Chase & Co. boosted their price target on The Goldman Sachs Group from $815.00 to $826.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Wells Fargo & Company lifted their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Finally, UBS Group reiterated a “neutral” rating and issued a $990.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $929.62.

The Goldman Sachs Group Stock Up 0.4%

Shares of The Goldman Sachs Group stock opened at $866.73 on Monday. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66. The stock has a market cap of $255.68 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 1.13 and a beta of 1.32. The firm’s 50-day moving average is $874.90 and its two-hundred day moving average is $851.45. The Goldman Sachs Group has a 1 year low of $439.38 and a 1 year high of $984.70.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The business had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. During the same quarter in the previous year, the business posted $11.95 EPS. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. As a group, research analysts expect that The Goldman Sachs Group will post 47.12 earnings per share for the current fiscal year.

Insider Activity at The Goldman Sachs Group

In other news, Director David A. Viniar sold 45,000 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the sale, the director owned 555,000 shares in the company, valued at approximately $535,758,150. The trade was a 7.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Denis P. Coleman sold 11,623 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the transaction, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. This trade represents a 28.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock worth $112,016,033 over the last ninety days. Corporate insiders own 0.55% of the company’s stock.

Institutional Trading of The Goldman Sachs Group

Several large investors have recently bought and sold shares of the stock. Dagco Inc. purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth $25,000. Harbor Capital Advisors Inc. acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at $26,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $26,000. Manning & Napier Advisors LLC increased its position in shares of The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 23 shares during the period. Finally, First PREMIER Bank acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at $28,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman’s private credit fund saw investor repurchase requests of just under 5% in Q1 and met those redemptions below its quarterly cap, signaling liquidity management and investor confidence in its alternative-asset products — supports fee stability for GS Asset Management. Goldman Sachs private credit fund defies redemption surge across industry
• Positive Sentiment: Goldman added dividend names to its Conviction List and placed regional bank Citizens Financial Group on its US Conviction List — actions that highlight the strength and influence of GS research and can help attract client flows/AUM and advisory mandates. Goldman Sachs Adds 2 Dividend Stocks to Conviction List With Huge Upside Potential
• Neutral Sentiment: Goldman upgraded Netflix to Buy and raised its price target — a sign the research desk is active and occasionally producing market-moving calls, but individual coverage moves normally have limited direct impact on GS’s stock. Netflix upped to Buy at Goldman on ’more positive risk-reward from current levels’
• Neutral Sentiment: Goldman’s commodity and macro research (oil supply analysis, gold price outlook, bitcoin views) continues to shape market narratives — valuable for advisory and trading desks but neutral in isolation for GS’s equity valuation. Is the world running out of oil? Here are three ways Goldman Sachs is answering that critical question.
• Negative Sentiment: Goldman-reported data shows hedge funds hold the largest net short on global equities in 13 years and record gross leverage — a market-structure warning that could increase volatility and weigh on GS trading revenues if risk-off conditions persist. Hedge Funds Post Largest Net Short on Global Equities in 13 Years: Goldman Sachs
• Negative Sentiment: Coverage flagged downside risks at Goldman Sachs BDC if NAV growth doesn’t improve — elevated credit/BDC concerns could pressure related valuation multiples and investor sentiment toward GS’s credit/alternative exposures. Goldman Sachs BDC: Downside Risks Remain If NAV Growth Doesn’t Improve

About The Goldman Sachs Group

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.