JPMorgan Chase & Co. $JPM Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. decreased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 44.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 74,024 shares of the financial services provider’s stock after selling 58,774 shares during the quarter. JPMorgan Chase & Co. comprises 0.9% of Securian Asset Management Inc.’s holdings, making the stock its 18th biggest position. Securian Asset Management Inc.’s holdings in JPMorgan Chase & Co. were worth $23,852,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. ABN AMRO Bank N.V. increased its position in JPMorgan Chase & Co. by 5.8% during the fourth quarter. ABN AMRO Bank N.V. now owns 647,531 shares of the financial services provider’s stock worth $208,174,000 after buying an additional 35,498 shares during the period. Strait & Sound Wealth Management LLC increased its position in JPMorgan Chase & Co. by 1.6% during the fourth quarter. Strait & Sound Wealth Management LLC now owns 9,052 shares of the financial services provider’s stock worth $2,917,000 after buying an additional 145 shares during the period. Pure Financial Advisors LLC increased its position in JPMorgan Chase & Co. by 3.6% during the fourth quarter. Pure Financial Advisors LLC now owns 48,204 shares of the financial services provider’s stock worth $15,532,000 after buying an additional 1,683 shares during the period. Osprey Private Wealth LLC increased its position in JPMorgan Chase & Co. by 13.5% during the fourth quarter. Osprey Private Wealth LLC now owns 55,505 shares of the financial services provider’s stock worth $17,885,000 after buying an additional 6,595 shares during the period. Finally, Income Insurance Ltd acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth approximately $2,693,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan declared a quarterly dividend of $1.50 per share, reinforcing its shareholder-friendly capital return profile and highlighting management’s confidence in cash generation.
• Positive Sentiment: The bank has raised its dividend for 14 straight years, underscoring a long record of consistency that income-focused investors tend to favor. Article Title
• Positive Sentiment: Recent commentary continues to frame JPMorgan as undervalued relative to its long-term performance, suggesting some investors still see room for upside if earnings stay resilient. Article Title
• Positive Sentiment: The company was highlighted as one of the “Dogs of the Dow” and a favorite large-bank holding, aided by reports of record prime-brokerage balances during recent volatility. Article Title
• Neutral Sentiment: JPMorgan is expanding its retail banking presence in Germany with a digital-first launch, which is strategically positive over time but unlikely to move the stock materially in the short run. Article Title
• Neutral Sentiment: Erste Group slightly trimmed FY2027 EPS estimates for JPMorgan, though its outlook remains above consensus, so this looks like a modest watch item rather than a major setback.

Insiders Place Their Bets

In related news, CEO Troy L. Rohrbaugh sold 50,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $307.11, for a total transaction of $15,355,500.00. Following the transaction, the chief executive officer owned 111,279 shares of the company’s stock, valued at $34,174,893.69. This represents a 31.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jeremy Barnum sold 5,611 shares of the company’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 transaction, the chief financial officer directly owned 35,460 shares in the company, valued at $10,870,263. This represents a 13.66% 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. Over the last ninety days, insiders sold 73,553 shares of company stock worth $22,593,804. Insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

JPM has been the topic of several research analyst reports. The Goldman Sachs Group set a $361.00 price target on JPMorgan Chase & Co. in a research report on Tuesday, April 14th. Wells Fargo & Company cut their price target on JPMorgan Chase & Co. from $360.00 to $350.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 17th. Daiwa Securities Group cut their price target on JPMorgan Chase & Co. from $340.00 to $328.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Truist Financial lifted 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. Finally, Autonomous Res dropped their target price on JPMorgan Chase & Co. from $360.00 to $324.00 and set a “neutral” rating on the stock in a report on Monday, April 6th. Fifteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $339.08.

JPMorgan Chase & Co. Trading Down 1.7%

NYSE:JPM opened at $295.67 on Wednesday. The stock’s 50 day simple moving average is $299.94 and its 200-day simple moving average is $307.25. JPMorgan Chase & Co. has a 12-month low of $256.00 and a 12-month high of $337.25. The firm has a market cap of $792.25 billion, a P/E ratio of 14.16, a PEG ratio of 1.47 and a beta of 1.03. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30.

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 for the quarter, topping analysts’ consensus estimates of $5.50 by $0.44. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The firm had revenue of $50.54 billion for the quarter, compared to analyst estimates of $48.30 billion. During the same quarter in the prior year, the company posted $5.07 earnings per share. JPMorgan Chase & Co.’s quarterly revenue was up 10.0% on a year-over-year basis. Equities analysts anticipate that JPMorgan Chase & Co. will post 22.43 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, July 6th. JPMorgan Chase & Co.’s dividend payout ratio is currently 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.