Goldman Sachs Value Stocks: Top 12 Stock Picks

3. JPMorgan Chase & Co. (NYSE:JPM)

Goldman Sachs’ Q4 2024 Stake Value: $4,870,962,238

P/E Ratio as of April 11: 10.98

Number of Hedge Fund Holders: 123

JPMorgan Chase & Co. (NYSE:JPM), a New York-based financial services giant, comes in third on our list of the best Goldman Sachs value stocks. Goldman owns 20.3 million JPM shares as of the fourth quarter of 2024, valued at $4.8 billion and representing 0.76% of the total portfolio.

On March 12, Truist Securities maintained a Hold rating on JPM with a price target of $268. Truist noted that most of JPMorgan’s customers have good credit and have stayed steady during the ups and downs in the economy. The bank also has solid financials, shown by its consistent dividend policy.

JPMorgan’s Q1 2025 profit went up 9% to $14.64 billion, or $5.07 a share. Even without a one-time gain from the First Republic deal, earnings stood at $4.91 per share. The company’s revenue rose 8% to $46.01 billion, supported by solid results in asset management, investment banking, and a notable 48% increase in equities trading. On March 18, 2025, JPMorgan Chase & Co. (NYSE:JPM) declared a $1.40 per share quarterly dividend, a 12% jump from the prior dividend of $1.25. The dividend is payable on April 30, to shareholders on record as of April 4.

Among the hedge funds tracked by Insider Monkey, 123 funds reported owning stakes in JPMorgan Chase & Co. (NYSE:JPM) at the end of Q4 2024, compared to 105 funds in the preceding quarter. Andreas Halvorsen’s Viking Global was the leading stakeholder of the company, with 7.46 million shares worth $1.78 billion.