Sterling Investment Counsel LLC Grows Stock Holdings in JPMorgan Chase & Co. $JPM

Sterling Investment Counsel LLC grew its stake in JPMorgan Chase & Co. (NYSE:JPM) by 79.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,567 shares of the financial services provider’s stock after acquiring an additional 6,001 shares during the period. JPMorgan Chase & Co. accounts for 1.4% of Sterling Investment Counsel LLC’s holdings, making the stock its 18th biggest holding. Sterling Investment Counsel LLC’s holdings in JPMorgan Chase & Co. were worth $4,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Harbor Asset Planning Inc. bought a new stake in JPMorgan Chase & Co. during the 2nd quarter valued at $26,000. Mizuho Securities Co. Ltd. grew its position in shares of JPMorgan Chase & Co. by 450.0% during the 2nd quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider’s stock worth $32,000 after buying an additional 90 shares in the last quarter. Family Legacy Financial Solutions LLC increased its stake in shares of JPMorgan Chase & Co. by 92.6% during the third quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock valued at $33,000 after buying an additional 50 shares during the period. Ryan Investment Management Inc. bought a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at about $37,000. Finally, Christopher J. Hasenberg Inc lifted its stake in JPMorgan Chase & Co. by 212.0% in the second quarter. Christopher J. Hasenberg Inc now owns 156 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 106 shares during the period. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Price Performance

NYSE JPM opened at $330.04 on Friday. The firm’s fifty day simple moving average is $314.89 and its two-hundred day simple moving average is $303.91. The firm has a market capitalization of $898.44 billion, a P/E ratio of 16.35, a P/E/G ratio of 1.61 and a beta of 1.07. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.26. JPMorgan Chase & Co. has a 12-month low of $202.16 and a 12-month high of $337.25.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Tuesday, October 14th. The financial services provider reported $5.07 earnings per share for the quarter, topping analysts’ consensus estimates of $4.83 by $0.24. JPMorgan Chase & Co. had a return on equity of 17.18% and a net margin of 20.90%.The firm had revenue of $47.12 billion during the quarter, compared to analysts’ expectations of $44.42 billion. During the same quarter last year, the firm earned $4.37 EPS. The business’s quarterly revenue was up 8.8% on a year-over-year basis. Analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Tuesday, January 6th will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 29.72%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 966 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $311.92, for a total transaction of $301,314.72. Following the sale, the insider owned 58,479 shares in the company, valued at approximately $18,240,769.68. The trade was a 1.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on JPM shares. The Goldman Sachs Group increased their target price on shares of JPMorgan Chase & Co. from $354.00 to $386.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays increased their price objective on shares of JPMorgan Chase & Co. from $342.00 to $391.00 and gave the company an “overweight” rating in a research note on Monday. KGI Securities boosted their price objective on shares of JPMorgan Chase & Co. from $300.00 to $315.00 and gave the stock a “hold” rating in a research note on Wednesday, October 15th. Piper Sandler increased their target price on JPMorgan Chase & Co. from $332.00 to $336.00 and gave the company an “overweight” rating in a research report on Wednesday, December 10th. Finally, UBS Group boosted their price target on JPMorgan Chase & Co. from $339.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Fourteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $333.90.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan will become the new issuer of the Apple Card, adding ~ $20B of card balances and expanding its U.S. credit-card footprint; the transition is expected to take up to 24 months, which supports longer‑term fee income and consumer credit growth. Chase to become new issuer of Apple Card
• Positive Sentiment: Wall Street momentum and higher price targets are supporting the name — several firms (Barclays, Wells Fargo, Evercore and others) have recent buy/overweight calls and the median 6‑month target sits near $340, which underpins investor confidence. Analyst Says JPMorgan Trading At A Discount
• Positive Sentiment: Tech/innovation moves: JPMorgan confirmed plans to deploy a proprietary digital dollar token on a public blockchain and is replacing external proxy advisors with its own AI systems — both signal technology leadership and potential operational/efficiency gains. JPMorgan debuts coin on public blockchain
• Neutral Sentiment: JPMorgan’s asset-management unit is ending ties with major proxy-advisory firms and will use internal AI for voting — a structural change that could reduce fees/costs but draws scrutiny over governance and transition risk. JPMorgan won’t use controversial proxy advisors
• Neutral Sentiment: Takeover of the Apple Card comes with a near‑term accounting hit: reports say JPM may record ~ $2.2B provision in Q4 tied to the transition — a one‑time drag vs. longer‑term revenue upside from the portfolio. JPM to take over Apple Card, plans to record a $2.2B provision
• Negative Sentiment: Insider selling and some institutional rebalancing are visible in recent filings (executive share sales and mixed hedge‑fund flows), which can add short‑term selling pressure. Lobbying/insider trading update (Quiver)
• Negative Sentiment: Some research notes show mixed/trimmed forward EPS estimates from certain providers (Zacks and other outlets flagged revisions), which could temper expectations ahead of JPM’s Q4 report next week. Quiver: Data snapshot and sell pressure

JPMorgan Chase & Co. Profile

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.