Ninety One UK Ltd Raises Position in JPMorgan Chase & Co. $JPM

Ninety One UK Ltd grew its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 4.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,368,463 shares of the financial services provider’s stock after buying an additional 90,216 shares during the quarter. JPMorgan Chase & Co. comprises about 1.6% of Ninety One UK Ltd’s investment portfolio, making the stock its 15th largest holding. Ninety One UK Ltd’s holdings in JPMorgan Chase & Co. were worth $747,084,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of JPM. Kingstone Capital Partners Texas LLC increased its holdings in JPMorgan Chase & Co. by 609,867.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 72,897,211 shares of the financial services provider’s stock worth $21,133,630,000 after purchasing an additional 72,885,260 shares during the period. Norges Bank acquired a new position in shares of JPMorgan Chase & Co. during the second quarter worth about $10,295,209,000. Laurel Wealth Advisors LLC grew its position in shares of JPMorgan Chase & Co. by 28,813.7% during the second quarter. Laurel Wealth Advisors LLC now owns 16,785,584 shares of the financial services provider’s stock worth $4,866,309,000 after buying an additional 16,727,530 shares in the last quarter. Viking Global Investors LP increased its stake in shares of JPMorgan Chase & Co. by 86.1% during the second quarter. Viking Global Investors LP now owns 4,042,034 shares of the financial services provider’s stock worth $1,171,826,000 after buying an additional 1,870,386 shares during the period. Finally, Montrusco Bolton Investments Inc. acquired a new stake in JPMorgan Chase & Co. in the second quarter valued at approximately $485,802,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: Chase will become the new issuer of the Apple Card in a deal reported and confirmed today — a multi-year consumer-deposit and credit relationship that should boost card loans, interchange revenue and deposits over time. This is a clear revenue/scale positive for JPM’s consumer franchise. Chase to become new issuer of Apple Card
• Positive Sentiment: Wall Street bullishness and price-target increases are supporting the stock — several analysts have raised targets and reiterated buy/outperform views ahead of JPM’s Jan. 13 earnings, reinforcing the view that the bank’s profitability and capital position remain strong. Analyst Says JPMorgan Trading At A Discount
• Positive Sentiment: JPMorgan named Sri Kosaraju global chair of investment banking to bolster its healthcare vertical — a senior hire that signals focus on growth in advisory and healthcare M&A, an area that can generate higher-fee revenue. JPMorgan appoints Sri Kosaraju as global chair of investment banking
• Neutral Sentiment: JPMorgan Asset Management has cut ties with external proxy-advisory firms and will use an internal AI system to aggregate and analyze proxy votes. The move highlights JPM’s push to automate and control governance workflows — potential cost and control benefits, but with reputational and implementation risks that investors will watch. JPMorgan’s asset management will no longer use controversial proxy advisors
• Negative Sentiment: Short-term sell pressure and options activity: data aggregators reported notable intraday selling and heavy call/option flows, and Quiver flagged the stock trading down with elevated volume — these flows can amplify intraday declines. $JPM stock is down 3% today
• Negative Sentiment: Some sell-side model updates trimmed near-term EPS forecasts (Zacks and others lowered quarterly/yearly estimates), which can weigh on sentiment heading into the January earnings print. This makes the upcoming Q4 report a focal point for risk. (See Zacks research commentary for estimate changes.)

Insider Activity at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 966 shares of the company’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $311.92, for a total value of $301,314.72. Following the completion of the sale, the insider owned 58,479 shares in the company, valued at $18,240,769.68. This represents a 1.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.47% of the stock is owned by insiders.

JPMorgan Chase & Co. Stock Down 2.2%

JPMorgan Chase & Co. stock opened at $327.09 on Thursday. JPMorgan Chase & Co. has a fifty-two week low of $202.16 and a fifty-two week high of $337.25. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $890.42 billion, a P/E ratio of 16.20, a PEG ratio of 1.65 and a beta of 1.07. The stock has a 50-day simple moving average of $314.48 and a 200-day simple moving average of $303.73.

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

JPMorgan Chase & Co. Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have commented on JPM. Citigroup boosted their price target on shares of JPMorgan Chase & Co. from $275.00 to $325.00 and gave the stock a “neutral” rating in a report on Wednesday, September 24th. DZ Bank reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, October 15th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of JPMorgan Chase & Co. in a research report on Monday, December 22nd. UBS Group increased their price objective on JPMorgan Chase & Co. from $339.00 to $350.00 and gave the company a “buy” rating in a report on Tuesday, October 7th. Finally, Zacks Research cut JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Fourteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $333.90.

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.