JPMorgan Chase & Co. $JPM Stock Position Lifted by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. raised its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 39.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 56,410 shares of the financial services provider’s stock after buying an additional 15,970 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in JPMorgan Chase & Co. were worth $18,662,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bell Investment Advisors Inc boosted its position in shares of JPMorgan Chase & Co. by 41.3% in the 3rd quarter. Bell Investment Advisors Inc now owns 3,174 shares of the financial services provider’s stock valued at $1,050,000 after purchasing an additional 928 shares during the period. Columbia Bank lifted its stake in shares of JPMorgan Chase & Co. by 2.7% in the 3rd quarter. Columbia Bank now owns 22,311 shares of the financial services provider’s stock worth $7,381,000 after acquiring an additional 580 shares during the period. Hoey Investments Inc. boosted its holdings in shares of JPMorgan Chase & Co. by 0.6% in the third quarter. Hoey Investments Inc. now owns 29,589 shares of the financial services provider’s stock valued at $9,789,000 after acquiring an additional 168 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of JPMorgan Chase & Co. during the third quarter worth about $320,207,000. Finally, ARQ Wealth Advisors LLC increased its stake in shares of JPMorgan Chase & Co. by 28.6% during the third quarter. ARQ Wealth Advisors LLC now owns 2,182 shares of the financial services provider’s stock worth $722,000 after acquiring an additional 485 shares during the period. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the sale, the insider owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Zacks Research downgraded JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Citigroup lowered their price target on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set a “neutral” rating on the stock in a research note on Thursday, October 15th. The Goldman Sachs Group reiterated an “outperform” rating and issued a $392.00 price target on shares of JPMorgan Chase & Co. in a report on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a research note on Wednesday, July 22nd. Finally, Weiss Ratings downgraded shares of JPMorgan Chase & Co. from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, October 23rd. One 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $368.33.

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. Price Performance

NYSE JPM traded down $2.67 during trading hours on Friday, reaching $334.67. The company’s stock had a trading volume of 7,818,025 shares, compared to its average volume of 6,948,441. The stock has a market cap of $889.61 billion, a PE ratio of 14.04, a PEG ratio of 1.34 and a beta of 1.03. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The company’s 50-day moving average is $341.87 and its two-hundred day moving average is $323.78. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85.

JPMorgan Chase & Co. (NYSE:JPM) last posted 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). JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business had revenue of $50.17 billion for the quarter, compared to analysts’ expectations of $51.23 billion. During the same quarter last year, the business posted $5.07 earnings per share. The business’s revenue was up 8.1% compared to the same quarter last year. Analysts forecast that JPMorgan Chase & Co. will post 23.95 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Investors of record on Tuesday, October 6th were given a dividend of $1.65 per share. The ex-dividend date was Tuesday, October 6th. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s payout ratio is presently 27.68%.

JPMorgan Chase & Co. Company 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.