10 Value Stocks in Ken Fisher’s Portfolio

2. The Goldman Sachs Group, Inc. (NYSE:GS)

Fisher Asset Management Equity Stake: $3.52 Billion

Forward P/E Ratio as of April 17: 11.39

Number of Hedge Holders: 81

The Goldman Sachs Group, Inc. (NYSE:GS) is a global investment bank that offers a wide range of financial services. Its services revolve around advising on mergers and acquisitions, managing assets, and providing investment research and trading services.

On April 15, Wells Fargo analyst Mike Mayo reduced the price target for The Goldman Sachs Group, Inc. (NYSE:GS) from $680 to $650, maintaining an Overweight rating. The firm highlighted Goldman’s strong trading, low tax rate, and significant buybacks, though noted a less certain trade outlook. Forward estimates were lowered due to weaker IB and slower A&WM, but potential upside remains if Goldman performs well in A&WM and capital management.

Goldman Sachs is one of the banks benefiting from the Donald Trump administration unleashing market-moving announcements that are helping fuel trading activities. That was clear as Q1 2025 earnings per share totaled $14.12 against $12.35 a share expected. Likewise, revenue topped estimates at $15.06 billion against $14.81 billion expected. The Goldman Sachs Group, Inc.’s (NYSE:GS) profit rose 15% as a surge in trading revenue offset declines in the asset and wealth management division. The banking and markets division saw a 10% rise in revenue at $10.71 billion as equity trading revenue totaled $41.9 billion up 27% year over year. The bank has consistently generated free cash flow to reward investors with dividends. The stocks currently yield 2.48%.