JPMorgan Chase & Co. $JPM Stock: SteelPeak Wealth LLC Boosts Holdings

SteelPeak Wealth LLC raised its position in JPMorgan Chase & Co. (NYSE:JPM) by 57.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,270 shares of the financial services provider’s stock after purchasing an additional 25,349 shares during the quarter. SteelPeak Wealth LLC’s holdings in JPMorgan Chase & Co. were worth $22,916,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPM. State Street Corp lifted its stake in JPMorgan Chase & Co. by 0.8% during the 2nd quarter. State Street Corp now owns 125,209,293 shares of the financial services provider’s stock worth $40,984,758,000 after acquiring an additional 932,632 shares in the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan Chase & Co. by 6.1% during the 2nd quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider’s stock valued at $22,804,018,000 after acquiring an additional 4,006,293 shares during the period. Bank of New York Mellon Corp boosted its holdings in JPMorgan Chase & Co. by 2.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider’s stock valued at $7,084,339,000 after acquiring an additional 540,362 shares during the period. Dimensional Fund Advisors LP boosted its holdings in JPMorgan Chase & Co. by 3.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider’s stock valued at $5,578,788,000 after acquiring an additional 607,288 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in JPMorgan Chase & Co. by 0.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider’s stock valued at $6,164,741,000 after acquiring an additional 134,634 shares in the last quarter. Hedge funds and other institutional investors 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: JPM Coin expands to Ethereum: JPMorgan made its dollar-backed deposit token available to select institutional clients on Ethereum’s mainnet. The move could broaden its blockchain-payment and tokenized-asset settlement business, although access remains restricted to institutional users. JPMorgan Launches JPM Coin on Ethereum for Institutional Clients
• Positive Sentiment: Large national-security investment program: JPMorgan said it has deployed $5 billion in equity investments and facilitated more than $230 billion in financing under its Security and Resiliency Initiative. Investments in defense technology, advanced manufacturing, and critical supply chains may create long-term banking and investment-banking opportunities while strengthening the company’s strategic positioning. Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investments
• Positive Sentiment: Institutional outlook remains influential: J.P. Morgan Asset Management’s long-term assumptions project a 10% annualized return for Bitcoin over 10–15 years, above forecasts for U.S. large-cap stocks and gold. Although the bank does not include Bitcoin in core portfolio allocations because of volatility, the research highlights JPMorgan’s expanding role in digital-asset strategy and institutional markets. JPMorgan Predicts Bitcoin Will Beat U.S. Stocks
• Neutral Sentiment: $7 billion senior-debt offering: JPMorgan completed public offerings totaling $7 billion. The financing supports liquidity and capital-management needs, but also increases funding obligations and offers no immediate boost to earnings. JPMorgan Chase Completes $7 Billion Senior Debt Offering
• Negative Sentiment: Buybacks sharply reduced: Third-quarter net share repurchases fell nearly 89% to $664 million as JPMorgan prioritized organic investment. That may preserve capital for growth, but removes an important source of per-share support for investors. JPMorgan Slashes Q3 Share Buybacks
• Negative Sentiment: Recent earnings pressure: JPMorgan’s latest quarterly EPS and revenue came in below consensus estimates, while management warned about economic and geopolitical risks. These issues could limit valuation upside despite the bank’s strong profitability.

Analysts Set New Price Targets

A number of analysts have issued reports on JPM shares. Bank of America boosted their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. HSBC increased their price target on shares of JPMorgan Chase & Co. from $369.00 to $377.00 and gave the stock a “hold” rating in a research report on Monday, September 28th. Jefferies Financial Group reissued a “neutral” rating on shares of JPMorgan Chase & Co. in a research note on Friday, September 25th. TD Cowen assumed coverage on shares of JPMorgan Chase & Co. in a report on Thursday, October 8th. They issued a “hold” rating and a $370.00 price objective for the company. Finally, Evercore restated an “outperform” rating and issued a $360.00 price objective on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and an average price target of $365.45.

Insider Activity

In other news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. Trading Up 0.5%

NYSE:JPM opened at $335.12 on Wednesday. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50. The firm has a market cap of $890.83 billion, a PE ratio of 14.06, a price-to-earnings-growth ratio of 1.34 and a beta of 1.02. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. The stock has a fifty day moving average price of $347.18 and a 200 day moving average price of $331.12.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($0.19). JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The company had revenue of $50.17 billion for the quarter, compared to analysts’ expectations of $51.23 billion. During the same quarter last year, the company earned $5.07 EPS. JPMorgan Chase & Co.’s revenue for the quarter was up 8.1% compared to the same quarter last year. Sell-side analysts anticipate that JPMorgan Chase & Co. will post 23.49 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be paid a $1.65 dividend. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, October 6th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.68%.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.