Zacks Research Equities Analysts Increase Earnings Estimates for The Goldman Sachs Group, Inc. (NYSE:GS)

The Goldman Sachs Group, Inc. (NYSE:GS) – Stock analysts at Zacks Research increased their Q1 2025 EPS estimates for The Goldman Sachs Group in a note issued to investors on Tuesday, June 25th. Zacks Research analyst R. Department now forecasts that the investment management company will post earnings per share of $10.90 for the quarter, up from their previous estimate of $10.63. The consensus estimate for The Goldman Sachs Group’s current full-year earnings is $36.59 per share. Zacks Research also issued estimates for The Goldman Sachs Group’s Q4 2025 earnings at $9.21 EPS, FY2025 earnings at $39.32 EPS, Q1 2026 earnings at $11.32 EPS and FY2026 earnings at $39.77 EPS.

Several other equities analysts also recently issued reports on the stock. Morgan Stanley decreased their price objective on shares of The Goldman Sachs Group from $486.00 to $475.00 and set an “overweight” rating on the stock in a report on Thursday. BMO Capital Markets raised their price target on shares of The Goldman Sachs Group from $349.00 to $360.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 16th. HSBC raised their price target on shares of The Goldman Sachs Group from $460.00 to $470.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Argus raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating and set a $465.00 price target on the stock in a research note on Tuesday, April 16th. Finally, Oppenheimer raised their price target on shares of The Goldman Sachs Group from $479.00 to $517.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 30th. Six research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $443.78.

The Goldman Sachs Group Stock Performance

GS opened at $452.32 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.18. The company has a market cap of $145.86 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 0.90 and a beta of 1.39. The Goldman Sachs Group has a 52-week low of $289.36 and a 52-week high of $471.48. The firm’s fifty day simple moving average is $449.86 and its two-hundred day simple moving average is $410.79.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Monday, April 15th. The investment management company reported $11.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.54 by $3.04. The business had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $12.94 billion. The Goldman Sachs Group had a net margin of 8.17% and a return on equity of 8.86%. The company’s revenue was up 16.1% compared to the same quarter last year. During the same period last year, the firm posted $8.79 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Jacobi Capital Management LLC lifted its stake in The Goldman Sachs Group by 1.5% in the first quarter. Jacobi Capital Management LLC now owns 1,564 shares of the investment management company’s stock worth $653,000 after acquiring an additional 23 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in shares of The Goldman Sachs Group by 1.3% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,866 shares of the investment management company’s stock worth $779,000 after buying an additional 24 shares during the last quarter. Regatta Capital Group LLC lifted its position in shares of The Goldman Sachs Group by 2.2% during the 1st quarter. Regatta Capital Group LLC now owns 1,166 shares of the investment management company’s stock worth $487,000 after buying an additional 25 shares during the last quarter. Powell Investment Advisors LLC lifted its position in shares of The Goldman Sachs Group by 0.7% during the 1st quarter. Powell Investment Advisors LLC now owns 3,838 shares of the investment management company’s stock worth $1,603,000 after buying an additional 25 shares during the last quarter. Finally, Optas LLC lifted its position in shares of The Goldman Sachs Group by 2.4% during the 1st quarter. Optas LLC now owns 1,072 shares of the investment management company’s stock worth $448,000 after buying an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $432.25, for a total transaction of $2,161,250.00. Following the completion of the sale, the director now directly owns 623,425 shares in the company, valued at $269,475,456.25. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $432.25, for a total value of $2,161,250.00. Following the completion of the transaction, the director now owns 623,425 shares in the company, valued at $269,475,456.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 4,000,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $6.34, for a total transaction of $25,360,000.00. Following the completion of the transaction, the insider now owns 12,981,022 shares of the company’s stock, valued at approximately $82,299,679.48. The disclosure for this sale can be found here. Company insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, May 30th were given a dividend of $2.75 per share. This represents a $11.00 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend was Thursday, May 30th. The Goldman Sachs Group’s dividend payout ratio is presently 42.95%.

About The Goldman Sachs Group

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.