First Nebraska Trust Co purchased a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 39,170 shares of the financial services provider’s stock, valued at approximately $12,958,000. JPMorgan Chase & Co. accounts for about 1.1% of First Nebraska Trust Co’s holdings, making the stock its 22nd biggest holding.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Horizons Wealth Management purchased a new stake in JPMorgan Chase & Co. during the third quarter valued at $31,000. Aventus Investment Advisors Inc. purchased a new position in JPMorgan Chase & Co. in the second quarter worth about $33,000. Timbuktu Capital Management LLC purchased a new position in JPMorgan Chase & Co. in the second quarter worth about $50,000. NI Acquisitions Company LLC bought a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter valued at about $51,000. Finally, Torren Management LLC increased its position in shares of JPMorgan Chase & Co. by 28.2% during the 3rd quarter. Torren Management LLC now owns 159 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 35 shares during the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several brokerages have recently weighed in on JPM. Wall Street Zen cut shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research note on Saturday. Jefferies Financial Group restated a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, October 14th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $370.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, October 14th. Finally, TD Cowen began coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, October 8th. They set a “hold” rating and a $370.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. currently has a consensus rating of “Moderate Buy” and a consensus target price of $368.33.
Read Our Latest Research Report on JPMorgan Chase & Co.
Insider Buying and Selling
In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the firm’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 transaction of $882,025.00. Following the sale, the insider owned 71,047 shares in the company, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.
More 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. Stock Performance
Shares of JPM opened at $334.67 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The business has a 50-day simple moving average of $341.87 and a two-hundred day simple moving average of $323.78. The stock has a market cap of $888.75 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 1.32 and a beta of 1.03. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing the consensus estimate of $5.94 by ($0.19). The company had revenue of $50.17 billion during the quarter, compared to the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business earned $5.07 EPS. On average, analysts expect that JPMorgan Chase & Co. will post 23.95 EPS for the current year.
JPMorgan Chase & Co. Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were paid a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Tuesday, October 6th. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.68%.
About JPMorgan Chase & Co.
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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