Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 8.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 855,351 shares of the financial services provider’s stock after acquiring an additional 64,070 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in JPMorgan Chase & Co. were worth $279,982,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. Herold Advisors Inc. raised its position in JPMorgan Chase & Co. by 1.1% in the second quarter. Herold Advisors Inc. now owns 29,211 shares of the financial services provider’s stock valued at $9,559,000 after purchasing an additional 309 shares during the period. Hidden Cove Wealth Management LLC grew its stake in shares of JPMorgan Chase & Co. by 7.8% in the second quarter. Hidden Cove Wealth Management LLC now owns 3,989 shares of the financial services provider’s stock valued at $1,306,000 after buying an additional 289 shares in the last quarter. Braeburn Wealth Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 1.5% during the 2nd quarter. Braeburn Wealth Management LLC now owns 4,938 shares of the financial services provider’s stock valued at $1,616,000 after buying an additional 71 shares during the period. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of JPMorgan Chase & Co. by 507.7% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 1,884 shares of the financial services provider’s stock valued at $617,000 after buying an additional 1,574 shares during the period. Finally, Drive Wealth Management LLC lifted its position in JPMorgan Chase & Co. by 9.8% during the 2nd quarter. Drive Wealth Management LLC now owns 10,377 shares of the financial services provider’s stock worth $3,397,000 after acquiring an additional 929 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.
JPMorgan Chase & Co. Trading Down 0.3%
JPMorgan Chase & Co. stock opened at $361.71 on Tuesday. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50. The firm’s 50-day moving average is $341.12 and its 200-day moving average is $315.99. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $961.49 billion, a P/E ratio of 15.50, a PEG ratio of 1.49 and a beta of 0.99.
Analysts Set New Price Targets
Several analysts have issued reports on JPM shares. Morgan Stanley reaffirmed a “positive” rating and issued a $370.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday, July 15th. Robert W. Baird upped their target price on shares of JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Zacks Research raised shares of JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Wells Fargo & Company lifted their price target on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $418.00 price objective on shares of JPMorgan Chase & Co. in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $359.96.
Get Our Latest Analysis on JPM
Key Headlines Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan opened a two-story flagship on Chicago’s Magnificent Mile that combines everyday Chase banking with J.P. Morgan Private Client services. The bank plans more than 160 new branches and nearly 600 renovations in 2026, supporting deposit gathering, wealth management and cross-selling opportunities. JPMorganChase Opens New Two-Story Magnificent Mile Flagship
- Positive Sentiment: Analyst commentary continues to highlight JPM’s earnings growth and price strength. Wells Fargo said the bank could reach a $1 trillion market capitalization and potentially double that value within seven to eight years, reinforcing the premium investors place on CEO Jamie Dimon’s leadership. Jamie Dimon’s JPMorgan Could Hit $1 Trillion Market Cap
- Positive Sentiment: The bank has launched a program allowing institutional clients to use Bitcoin and Ethereum as collateral for dollar loans. Although substantial haircuts reduce risk, the initiative expands JPMorgan’s digital-asset and lending capabilities.
- Neutral Sentiment: JPMorgan affiliates reduced or exited substantial-holder positions in several Australian companies, including Flight Centre, Lotus Resources and Temple & Webster. These portfolio changes do not appear to materially affect JPM’s operating outlook.
- Neutral Sentiment: JPMorgan ended Polymarket’s banking relationship over regulatory concerns. The move may demonstrate tighter risk controls, but it also highlights compliance exposure in emerging financial markets. JPMorgan Cut Polymarket as Banking Client
- Negative Sentiment: JPMorgan’s warnings that geopolitical tensions, climate risks and possible food inflation could worsen by 2027 point to macroeconomic pressures that could hurt consumer finances, credit quality and investor sentiment.
- Negative Sentiment: Dimon’s lobbying against higher UK bank taxes underscores the risk of increased regulatory and fiscal costs for large financial institutions, although the issue is not specific to JPMorgan’s U.S. operations.
Insider Buying and Selling
In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $361.41, for a total transaction of $903,525.00. Following the sale, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the sale, the general counsel directly owned 40,961 shares in the company, valued at $13,547,031.53. The trade was a 11.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,435 shares of company stock worth $4,353,502 over the last quarter. Insiders own 0.41% of the company’s stock.
About JPMorgan Chase & Co.
JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.
The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.
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