1,703 JPMorgan Chase & Co. $JPM Shares Acquired by CoreCap Advisors LLC

CoreCap Advisors LLC raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 34,016 shares of the financial services provider’s stock after buying an additional 1,703 shares during the period. CoreCap Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $11,254,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in JPMorgan Chase & Co. by 15.8% in the first quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock valued at $19,314,681,000 after purchasing an additional 8,941,351 shares in the last quarter. Ascentis Wealth Management LLC raised its stake in shares of JPMorgan Chase & Co. by 32,672.0% during the 2nd quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider’s stock worth $1,521,126,000 after purchasing an additional 4,632,891 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at approximately $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of JPMorgan Chase & Co. by 31.5% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider’s stock valued at $2,042,648,000 after buying an additional 1,662,250 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in shares of JPMorgan Chase & Co. by 22.9% in the second quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider’s stock valued at $2,625,511,000 after buying an additional 1,496,676 shares in the last quarter. 71.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

JPM has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of JPMorgan Chase & Co. from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday, September 2nd. Keefe, Bruyette & Woods lifted their price objective on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. TD Cowen initiated coverage on shares of JPMorgan Chase & Co. in a research note on Thursday. They set a “hold” rating and a $370.00 price objective on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $418.00 target price on shares of JPMorgan Chase & Co. in a report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a research note on Wednesday, July 22nd. Fifteen research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $362.88.

JPMorgan Chase & Co. Stock Performance

JPMorgan Chase & Co. stock traded up $2.09 during mid-day trading on Thursday, hitting $331.67. 7,942,918 shares of the company’s stock traded hands, compared to its average volume of 9,228,556. The firm has a 50 day simple moving average of $351.12 and a two-hundred day simple moving average of $328.32. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The stock has a market cap of $881.63 billion, a price-to-earnings ratio of 14.21, a P/E/G ratio of 1.36 and a beta of 1.02. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.85.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. The firm had revenue of $58.02 billion for the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the previous year, the company earned $4.96 earnings per share. On average, research analysts expect that JPMorgan Chase & Co. will post 24.16 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be paid a $1.65 dividend. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 28.28%.

Insiders Place Their Bets

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 completion of the sale, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. News Roundup

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan is scheduled to report third-quarter results on Oct. 13. Analysts expect solid revenue growth, and previews point to continued strength in investment banking and broader banking activity. JPMorgan Q3 earnings preview
• Positive Sentiment: TD Cowen initiated coverage with a “hold” rating and a $370 price target, implying meaningful potential upside from the referenced share price. The target provides valuation support, although the neutral rating signals limited conviction. TD Cowen coverage report
• Positive Sentiment: The bank’s recently announced 10% dividend increase reinforces confidence in capital generation and gives income-focused investors an additional reason to hold the stock. JPMorgan dividend increase
• Positive Sentiment: Chase is expanding its business-banking franchise with a payroll offering, potentially increasing client relationships, fee revenue and deposits over time. Chase adds payroll services
• Neutral Sentiment: JPMorgan continues to rank highly for artificial-intelligence capabilities and is directing a large technology budget toward productivity improvements. However, the timing and scale of returns from that spending remain uncertain. JPMorgan AI ranking
• Neutral Sentiment: Eleni Skoura was appointed head of Chase Germany, a routine leadership transition with limited immediate financial impact. Chase Germany leadership appointment
• Negative Sentiment: JPMorgan strategists warn that rapidly rising long-term Treasury yields—approaching 6% for 30-year bonds—reflect fiscal and debt concerns and can pressure markets, increase funding costs and weaken credit demand. JPMorgan bond-yield warning
• Negative Sentiment: Pre-earnings commentary highlights elevated expenses, potential credit deterioration and JPMorgan’s relatively rich valuation as risks to near-term performance. Housing affordability is also near financial-crisis lows, raising concerns about a frozen housing market and future loan demand. JPMorgan pre-earnings analysis

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.