Mirae Asset Global Investments Co. Ltd. Raises Holdings in JPMorgan Chase & Co. $JPM

Mirae Asset Global Investments Co. Ltd. increased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 13.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 829,622 shares of the financial services provider’s stock after acquiring an additional 97,700 shares during the period. JPMorgan Chase & Co. makes up about 0.7% of Mirae Asset Global Investments Co. Ltd.’s holdings, making the stock its 18th largest holding. Mirae Asset Global Investments Co. Ltd.’s holdings in JPMorgan Chase & Co. were worth $267,321,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Quadrant Private Wealth Management LLC grew its position in JPMorgan Chase & Co. by 4.7% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 15,358 shares of the financial services provider’s stock worth $4,949,000 after acquiring an additional 695 shares during the period. Thomasville National Bank boosted its position in shares of JPMorgan Chase & Co. by 0.6% during the fourth quarter. Thomasville National Bank now owns 102,288 shares of the financial services provider’s stock worth $32,959,000 after buying an additional 659 shares during the period. WBH Advisory Inc. boosted its position in shares of JPMorgan Chase & Co. by 0.4% during the fourth quarter. WBH Advisory Inc. now owns 12,714 shares of the financial services provider’s stock worth $4,097,000 after buying an additional 52 shares during the period. JNBA Financial Advisors boosted its position in shares of JPMorgan Chase & Co. by 1.1% during the fourth quarter. JNBA Financial Advisors now owns 8,540 shares of the financial services provider’s stock worth $2,752,000 after buying an additional 89 shares during the period. Finally, Kiley Juergens Wealth Management LLC boosted its position in shares of JPMorgan Chase & Co. by 0.7% during the fourth quarter. Kiley Juergens Wealth Management LLC now owns 14,292 shares of the financial services provider’s stock worth $4,605,000 after buying an additional 98 shares during the period. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, CFO Jeremy Barnum sold 5,611 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $306.55, for a total value of $1,720,052.05. Following the sale, the chief financial officer directly owned 35,460 shares in the company, valued at $10,870,263. This trade represents a 13.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Troy L. Rohrbaugh sold 50,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $307.11, for a total value of $15,355,500.00. Following the completion of the sale, the chief executive officer owned 111,279 shares in the company, valued at approximately $34,174,893.69. This represents a 31.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 71,908 shares of company stock valued at $22,065,882 over the last 90 days. 0.47% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Stock Down 1.0%

Shares of NYSE JPM opened at $308.56 on Friday. The stock has a market cap of $827.62 billion, a P/E ratio of 14.78, a PEG ratio of 1.52 and a beta of 1.05. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a 12-month low of $238.43 and a 12-month high of $337.25. The business’s fifty day simple moving average is $298.79 and its 200-day simple moving average is $306.83.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.50 by $0.44. The business had revenue of $50.54 billion for the quarter, compared to analysts’ expectations of $48.30 billion. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the firm earned $5.07 earnings per share. As a group, equities analysts predict that JPMorgan Chase & Co. will post 22.34 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Monday, April 6th will be paid a $1.50 dividend. The ex-dividend date is Monday, April 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 28.74%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on JPM. Truist Financial raised their price target on JPMorgan Chase & Co. from $323.00 to $332.00 and gave the stock a “hold” rating in a research report on Wednesday, April 15th. Wolfe Research lowered JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. Freedom Capital upgraded JPMorgan Chase & Co. to a “hold” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group set a $361.00 price target on JPMorgan Chase & Co. in a research report on Tuesday, April 14th. Finally, Daiwa Securities Group reduced their price objective on JPMorgan Chase & Co. from $340.00 to $328.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $336.16.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: JPMorgan is building a large private‑credit platform to deploy “tens of billions” into loans originated by its commercial bankers — a potential long‑term fee and yield driver for its asset management business. JPMorgan Is Building A Massive Private Credit Machine Powered By Bank Loans
• Positive Sentiment: Evercore ISI raised its valuation on JPM to $340 after an exceptional Q1, which supports upside investor sentiment and could attract buyers. Evercore ISI Boosts JPMorgan Chase & Co. (JPM) Valuation to $340 on Exceptional Q1 Performance
• Positive Sentiment: JPMorgan is involved in very large commercial lending deals (including reports of a near‑$38B Oracle data‑center loan), highlighting continued strength and market share in large corporate finance. JPMorgan Chase & Co. (JPM) Closing in on Record $38B Oracle Data Center Loan
• Neutral Sentiment: JPMorgan closed a registered public debt offering totaling about $10 billion — a routine funding action but one investors watch for timing and cost of capital implications. JPMorgan Chase Issues $10 Billion in New Debt
• Neutral Sentiment: J.P. Morgan Asset Management announced April cash distributions for several Canadian‑listed JPMorgan ETFs — supportive for fee businesses but immaterial to bank operating earnings. JPMorgan Announces Cash Distributions for the JPMorgan ETFs
• Negative Sentiment: While the private‑credit push is revenue‑accretive, it raises concentration and credit‑risk questions (and potential capital/stress‑test implications) as JPM plows bank‑originated loans into less liquid private strategies. JPMorgan Readies Fresh Private Credit Push After Needling Market
• Negative Sentiment: Industry reaction to recent DeFi exploits is prompting big banks (and JPM) to reevaluate crypto/blockchain exposure — a headwind for any institutional crypto growth plans and a short‑term reputational drag. Big banks reevaluate blockchain after $293 million KelpDAO exploit

JPMorgan Chase & Co. Company 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.