WBH Advisory Inc. Decreases Stock Holdings in JPMorgan Chase & Co. $JPM

WBH Advisory Inc. decreased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 14.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,825 shares of the financial services provider’s stock after selling 1,889 shares during the period. WBH Advisory Inc.’s holdings in JPMorgan Chase & Co. were worth $3,197,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Roxbury Financial LLC boosted its stake in shares of JPMorgan Chase & Co. by 0.4% in the 4th quarter. Roxbury Financial LLC now owns 8,011 shares of the financial services provider’s stock worth $2,581,000 after buying an additional 31 shares during the last quarter. Collective Family Office LLC increased its position in JPMorgan Chase & Co. by 1.0% during the fourth quarter. Collective Family Office LLC now owns 3,339 shares of the financial services provider’s stock valued at $1,076,000 after acquiring an additional 32 shares during the last quarter. Essential Planning LLC. lifted its holdings in JPMorgan Chase & Co. by 2.4% in the fourth quarter. Essential Planning LLC. now owns 1,399 shares of the financial services provider’s stock valued at $451,000 after acquiring an additional 33 shares during the period. Tevis Investment Management lifted its holdings in JPMorgan Chase & Co. by 0.8% in the third quarter. Tevis Investment Management now owns 4,238 shares of the financial services provider’s stock valued at $1,337,000 after acquiring an additional 34 shares during the period. Finally, Spinnaker Investment Group LLC boosted its position in JPMorgan Chase & Co. by 0.7% in the fourth quarter. Spinnaker Investment Group LLC now owns 5,183 shares of the financial services provider’s stock worth $1,670,000 after purchasing an additional 34 shares during the last quarter. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. News Summary

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

• Positive Sentiment: Several Wall Street firms raised their price targets on JPMorgan, including Morgan Stanley, UBS and Bank of America, signaling continued confidence in the bank’s earnings power and valuation. JPMorgan to pursue smaller deals in latest growth push
• Positive Sentiment: JPMorgan is expanding its investment banking franchise by launching a team focused on smaller companies valued between $100 million and $500 million, which could widen fee opportunities and deepen client relationships. JPMorgan (JPM) Ranks Among the Most Profitable Stocks
• Positive Sentiment: The bank’s recent dividend increase and new $50 billion buyback authorization underscore strong capital generation and shareholder returns, which investors typically view favorably. Why JPMorgan’s (JPM) Dividend Hike and $50 Billion Buyback Make It a Strong Capital-Return Tax Case
• Neutral Sentiment: JPMorgan remains a top pick in profitability screens and is seen as a likely earnings beat candidate, but much of this is already reflected in expectations ahead of next week’s report. JPMorgan Chase Co. (JPM) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Options traders are pricing in a sizable move around the July 14 earnings release, suggesting investors are bracing for volatility rather than a clear directional catalyst. JPMorgan Chase: Here’s One Trade To Consider As Earnings Approach
• Negative Sentiment: Recent trading has been weaker than the broader market, reflecting some profit-taking and caution ahead of earnings despite the favorable analyst tone. JPMorgan Chase & Co. (JPM) Registers a Bigger Fall Than the Market: Important Facts to Note

Wall Street Analysts Forecast Growth

JPM has been the subject of a number of recent research reports. Royal Bank Of Canada restated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Monday, May 4th. Morgan Stanley raised their price objective on shares of JPMorgan Chase & Co. from $336.00 to $362.00 and gave the stock an “equal weight” rating in a report on Monday, June 29th. Argus boosted their target price on shares of JPMorgan Chase & Co. from $340.00 to $355.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Barclays reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, May 6th. Finally, UBS Group increased their price target on shares of JPMorgan Chase & Co. from $375.00 to $384.00 and gave the stock a “buy” rating in a research report on Tuesday. Fourteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of “Hold” and a consensus price target of $345.33.

Insider Transactions at JPMorgan Chase & Co.

In related news, COO Jennifer Piepszak sold 4,919 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $309.42, for a total value of $1,522,036.98. Following the completion of the transaction, the chief operating officer owned 85,082 shares of the company’s stock, valued at approximately $26,326,072.44. This represents a 5.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 3,022 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total value of $935,037.02. Following the completion of the sale, the chief financial officer owned 32,438 shares of the company’s stock, valued at $10,036,641.58. The trade was a 8.52% 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 sold a total of 33,623 shares of company stock valued at $10,427,835 over the last three months. Corporate insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. Stock Down 2.6%

NYSE JPM opened at $330.37 on Thursday. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $343.45. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $885.23 billion, a P/E ratio of 15.82, a price-to-earnings-growth ratio of 1.55 and a beta of 0.99. The stock’s 50-day moving average price is $314.85 and its 200-day moving average price is $309.47.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.50 by $0.44. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. The company had revenue of $50.54 billion during the quarter, compared to analyst estimates of $48.30 billion. During the same period in the prior year, the firm posted $5.07 EPS. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. On average, equities research analysts predict that JPMorgan Chase & Co. will post 22.82 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.8%. JPMorgan Chase & Co.’s dividend payout ratio is 28.74%.

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.