The Goldman Sachs Group (NYSE:GS) Hits New 1-Year High on Strong Earnings

The Goldman Sachs Group, Inc. (NYSE:GS) reached a new 52-week high on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $967.64 and last traded at $969.9140, with a volume of 1417227 shares changing hands. The stock had previously closed at $932.67.

The investment management company reported $14.01 earnings per share for the quarter, beating analysts’ consensus estimates of $11.52 by $2.49. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The company had revenue of $13.45 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter in the previous year, the company earned $11.95 earnings per share. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a $4.50 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is 32.50%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Q4 EPS beat and record equities trading — Goldman reported Q4 EPS well above estimates and set a Wall Street record for equities‑trading revenue, driving upside to profits and supporting higher dividend/buyback capacity. MarketBeat: Goldman Sachs Soars on Q4 Post
• Positive Sentiment: Dividend increase and capital returns — Goldman raised its quarterly dividend to $4.50 (12.5% increase) and signaled buybacks, a clear shareholder‑friendly move that supports valuation and income investors. TipRanks: Dividend Raise
• Positive Sentiment: Strong investment‑banking backlog and 2026 outlook — Management flagged a heavier M&A/investment‑banking pipeline and expects IB revenue to grow, which could sustain earnings momentum if activity persists. MarketBeat: Investment Banking Outlook
• Neutral Sentiment: Exploring new revenue streams — Management said it is watching/tokenization, stablecoins (CLARITY Act) and is exploring prediction markets — long‑term optionality but not immediate revenue. Cointelegraph: CLARITY Act comments
• Neutral Sentiment: Alternatives activity — Goldman Sachs Alternatives participated in a continuation vehicle backing Ecowaste, showing continued private markets deal flow but limited near‑term impact on GS equity. Benzinga: Kinderhook/Ecowaste
• Negative Sentiment: Revenue miss and Apple Card accounting noise — Reported revenue was mixed/variance across sources; the Apple Card transition produced a large accounting impact that reduced revenue but boosted one‑time profit — creates comparability questions for investors. Reuters: Profit Rises; Apple Card note
• Negative Sentiment: Cash‑flow and Platform Solutions concerns — Third‑party reporting highlighted a sharp drop in operating cash flow and ongoing Platform Solutions exit costs/markdowns tied to the consumer portfolio, which could pressure near‑term fundamentals. QuiverQuant: Cash flow item
• Negative Sentiment: Analyst target shifts and valuation debate — Several firms raised price targets (Wells Fargo, KBW) but others trimmed or maintain more conservative views; commentary that the stock is “running hot” and a wide target range increases short‑term volatility risk. MarketScreener: Wells Fargo PT Street Insider: KBW PT

Wall Street Analyst Weigh In

GS has been the subject of a number of recent research reports. Royal Bank Of Canada increased their price objective on shares of The Goldman Sachs Group from $843.00 to $900.00 and gave the company a “sector perform” rating in a report on Friday, December 12th. Jefferies Financial Group boosted their price target on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. UBS Group raised their price objective on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 7th. Barclays increased their price target on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Finally, Autonomous Res lowered their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $861.16.

Institutional Investors Weigh In On The Goldman Sachs Group

Hedge funds have recently bought and sold shares of the business. Acropolis Investment Management LLC lifted its position in shares of The Goldman Sachs Group by 1.8% during the 4th quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock worth $554,000 after purchasing an additional 11 shares during the last quarter. Terra Nova Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group by 0.5% during the fourth quarter. Terra Nova Asset Management LLC now owns 2,650 shares of the investment management company’s stock worth $2,329,000 after buying an additional 12 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its position in shares of The Goldman Sachs Group by 3.5% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock valued at $309,000 after acquiring an additional 13 shares during the period. EWA LLC grew its stake in shares of The Goldman Sachs Group by 2.2% in the third quarter. EWA LLC now owns 612 shares of the investment management company’s stock worth $488,000 after acquiring an additional 13 shares during the last quarter. Finally, Carrera Capital Advisors increased its position in The Goldman Sachs Group by 3.5% during the third quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock worth $306,000 after acquiring an additional 13 shares during the period. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Trading Down 1.5%

The company has a current ratio of 1.13, a quick ratio of 0.65 and a debt-to-equity ratio of 2.29. The stock has a market capitalization of $288.39 billion, a P/E ratio of 18.75, a P/E/G ratio of 1.03 and a beta of 1.33. The business’s fifty day simple moving average is $868.57 and its two-hundred day simple moving average is $792.44.

The Goldman Sachs Group Company Profile

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.