The Goldman Sachs Group (NYSE:GS) Given Neutral Rating at Royal Bank Of Canada

Royal Bank Of Canada restated their neutral rating on shares of The Goldman Sachs Group (NYSE:GS) in a research note released on Monday morning,MarketScreener reports.

Other equities analysts also recently issued reports about the company. Barclays lifted their target price on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Friday. BNP Paribas Exane increased their price target on The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. HSBC reduced their price target on The Goldman Sachs Group from $802.00 to $729.00 in a research report on Wednesday, April 1st. Finally, Morgan Stanley reduced their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 31st. Eight research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $919.48.

The Goldman Sachs Group Trading Down 0.0%

Shares of NYSE GS traded down $0.32 during mid-day trading on Monday, reaching $909.31. 303,948 shares of the company’s stock were exchanged, compared to its average volume of 2,420,189. The company’s 50-day moving average is $868.74 and its 200-day moving average is $855.93. The Goldman Sachs Group has a 52-week low of $492.69 and a 52-week high of $984.70. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.66 and a current ratio of 1.10. The firm has a market capitalization of $268.24 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 1.17 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The Goldman Sachs Group’s revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company posted $14.12 EPS. Analysts expect that The Goldman Sachs Group will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be given a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 35.09%.

Insider Buying and Selling at The Goldman Sachs Group

In other news, insider Alex S. Golten sold 1,092 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $936.89, for a total transaction of $1,023,083.88. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Treasurer Carey Halio sold 2,846 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total value of $2,638,725.82. Following the sale, the treasurer directly owned 2,017 shares in the company, valued at $1,870,101.89. This trade represents a 58.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after buying an additional 418,820 shares during the last quarter. State Street Corp grew its stake in The Goldman Sachs Group by 2.1% during the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after buying an additional 394,198 shares during the last quarter. Fisher Asset Management LLC grew its stake in The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock worth $5,952,199,000 after buying an additional 110,134 shares during the last quarter. Geode Capital Management LLC grew its stake in The Goldman Sachs Group by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock worth $5,896,795,000 after buying an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in The Goldman Sachs Group by 3.4% during the 4th quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock worth $5,254,692,000 after buying an additional 194,109 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Q1 beat driven by record equities trading and strong IB fees — revenue and EPS topped estimates, supporting medium‑term earnings momentum. Zacks: Goldman Sachs Q1 earnings and revenues surpass estimates
• Positive Sentiment: Goldman filed for a Bitcoin Premium/Income ETF and options‑based structure; the move taps demand for yield‑oriented crypto products and leverages its Innovator ETF acquisition. This expands potential fee pools and boosts ETF flow expectations. QuiverQuant: Goldman Sachs Files for Bitcoin ETF
• Positive Sentiment: Bitcoin ETF flows spiked ($411.5M) on the day Goldman entered the market, which should aid sentiment around GS’s ETF push and potential asset‑management revenue. Cointelegraph: Bitcoin ETFs post $412M inflows as Goldman files
• Neutral Sentiment: Goldman declared a $4.50 quarterly dividend — income‑supportive for shareholders but already priced in by some investors. Seeking Alpha: Goldman Sachs declares $4.50 dividend
• Neutral Sentiment: Firm continues strategic pushes (private credit scale‑up, AI risk collaboration with Anthropic) that support long‑term franchise growth but add near‑term investment and execution risk. TipRanks: Goldman Sachs joins Anthropic
• Negative Sentiment: CEO warning: prolonged Middle East conflict and inflation could be headwinds — management flagged macro/energy‑price risks that can hurt deal flow, client activity and margins. Seeking Alpha: Q1 results flag risks from Middle East conflict and inflation
• Negative Sentiment: Market reaction focused on FICC weakness, higher operating expenses and rising credit provisions — these drove profit‑taking despite the beat and prompted analyst forecast/target tweaks. QuiverQuant: Goldman slides despite Q1 beat as FICC weakness offsets record equities

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.