Integrity Advisory Solutions LLC lifted its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 47.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,988 shares of the financial services provider’s stock after purchasing an additional 1,919 shares during the period. Integrity Advisory Solutions LLC’s holdings in JPMorgan Chase & Co. were worth $1,981,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in JPM. Reston Wealth Management LLC raised its stake in shares of JPMorgan Chase & Co. by 3.3% during the 3rd quarter. Reston Wealth Management LLC now owns 2,995 shares of the financial services provider’s stock worth $991,000 after buying an additional 97 shares during the last quarter. First Nebraska Trust Co acquired a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at about $12,958,000. Evergreen Private Wealth LLC grew its stake in JPMorgan Chase & Co. by 0.6% in the 3rd quarter. Evergreen Private Wealth LLC now owns 23,476 shares of the financial services provider’s stock valued at $7,767,000 after acquiring an additional 133 shares during the last quarter. IPG Investment Advisors LLC grew its stake in JPMorgan Chase & Co. by 39.0% in the 3rd quarter. IPG Investment Advisors LLC now owns 19,468 shares of the financial services provider’s stock valued at $6,441,000 after acquiring an additional 5,459 shares during the last quarter. Finally, CrossGen Wealth LLC increased its holdings in JPMorgan Chase & Co. by 1.6% during the 3rd quarter. CrossGen Wealth LLC now owns 14,076 shares of the financial services provider’s stock valued at $4,657,000 after acquiring an additional 227 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. TD Cowen started coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, October 8th. They issued a “hold” rating and a $370.00 price target on the stock. Freedom Broker raised shares of JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 15th. Wall Street Zen downgraded JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, JPMorgan Chase & Co. currently has an average rating of “Moderate Buy” and an average target price of $368.33.
Read Our Latest Analysis on JPM
JPMorgan Chase & Co. Stock Up 0.1%
JPM opened at $334.67 on Monday. The firm has a market cap of $888.75 billion, a P/E ratio of 14.04, a PEG ratio of 1.32 and a beta of 1.03. The business’s fifty day simple moving average is $341.87 and its 200 day simple moving average is $323.78. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($0.19). The firm had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.07 EPS. As a group, equities research analysts anticipate that JPMorgan Chase & Co. will post 23.95 EPS for the current fiscal year.
JPMorgan Chase & Co. Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th were issued a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date was Tuesday, October 6th. JPMorgan Chase & Co.’s payout ratio is presently 27.68%.
Insider Activity at JPMorgan Chase & Co.
In other news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the transaction, the insider owned 71,047 shares of the company’s stock, valued at $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by company insiders.
Key JPMorgan Chase & Co. News
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan’s disciplined duration management and stable deposits may help protect its balance sheet if rates remain high. However, funding costs and regulatory exposure are still risks. JPM Flags Higher Rate Risks: Can Its Balance Sheet Stay Resilient?
- Positive Sentiment: ETFs bought about $65.6 million of JPM shares on Nov. 4, a supportive demand signal, though one day of flows may not indicate a lasting trend. 42 ETFs Add to JPMorgan Chase (JPM) on Nov. 4
- Neutral Sentiment: JPMorgan’s M&A chief expects a softer 2027, but suggested private-equity firms may eventually need to sell assets, potentially improving exit activity. JPMorgan’s M&A chief sees softer 2027—but a potential upside surprise in private equity exits
- Negative Sentiment: Senate Finance Committee Democrats plan to scrutinize JPMorgan’s relationship with Epstein and how senior executives handled it. The probe could prolong reputational and regulatory uncertainty; the reports do not establish wrongdoing. Democrats to probe JPMorgan’s relationship with Epstein when they take Senate control
JPMorgan Chase & Co. Profile
JPMorgan Chase & Co is a global financial services company serving consumers, businesses, institutional clients and governments. Its operations include consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.
The company offers services such as deposit accounts, credit cards, mortgages, auto financing, lending, payment processing and investment advice. It also provides institutional clients with investment banking, markets, treasury and securities services, and commercial lending.
Headquartered in New York City, JPMorgan Chase serves customers across the United States and operates in many international markets.
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