JPMorgan Chase & Co. Buys 281,488 Shares of CompoSecure, Inc. $CMPO

JPMorgan Chase & Co. increased its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO) by 96.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 574,171 shares of the company’s stock after purchasing an additional 281,488 shares during the quarter. JPMorgan Chase & Co.’s holdings in CompoSecure were worth $11,954,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CMPO. Raymond James Financial Inc. raised its holdings in CompoSecure by 4.2% in the second quarter. Raymond James Financial Inc. now owns 15,825 shares of the company’s stock worth $223,000 after purchasing an additional 639 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of CompoSecure by 25.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company’s stock worth $49,000 after buying an additional 713 shares during the last quarter. Blue Trust Inc. raised its stake in shares of CompoSecure by 3.7% during the 3rd quarter. Blue Trust Inc. now owns 25,867 shares of the company’s stock worth $539,000 after acquiring an additional 934 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of CompoSecure by 4.0% during the 2nd quarter. California State Teachers Retirement System now owns 24,089 shares of the company’s stock worth $339,000 after acquiring an additional 937 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in CompoSecure by 1.5% during the third quarter. Principal Financial Group Inc. now owns 62,463 shares of the company’s stock valued at $1,300,000 after acquiring an additional 944 shares during the last quarter. Hedge funds and other institutional investors own 37.56% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on CMPO. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of CompoSecure in a report on Thursday, January 8th. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a research report on Wednesday, December 24th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $25.50.

CompoSecure Price Performance

Shares of CMPO opened at $23.50 on Friday. The company’s fifty day moving average price is $22.97 and its 200-day moving average price is $20.92. CompoSecure, Inc. has a 1-year low of $9.24 and a 1-year high of $26.78. The firm has a market capitalization of $2.97 billion, a PE ratio of -13.99 and a beta of 0.98.

CompoSecure Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a $0.0025 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.0%.

CompoSecure Profile

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.