Professional
Added to YB: 2024-08-15
Pitch date: 2024-06-30
GS [bullish]
The Goldman Sachs Group, Inc.
+101.9%
current return
Author Info
No bio for this author
Company Info
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia.
Market Cap
$278.6B
Pitch Price
$440.62
Price Target
N/A
Dividend
1.80%
EV/EBITDA
N/A
P/E
18.03
EV/Sales
N/A
Sector
Capital Markets
Category
value
Ariel Focused Value Portfolio Holding: The Goldman Sachs Group, Inc.
GS: Strong Q earnings w/ FICC & equities trading, better investment banking fees. Executing strategic initiatives: rightsizing headcount, narrowing consumer strategy via divestitures, improving Platform Solutions profitability by 2025. Pausing buybacks due to potential higher capital reqs, maintaining dividend. Attractive outlook w/ favorable biz trends, strategic progress, active expense/capital mgmt.
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