Legal & General Group Plc grew its position in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 3.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,908,978 shares of the financial services provider’s stock after buying an additional 607,025 shares during the quarter. JPMorgan Chase & Co. accounts for 1.3% of Legal & General Group Plc’s holdings, making the stock its 10th largest holding. Legal & General Group Plc owned approximately 0.69% of JPMorgan Chase & Co. worth $5,964,459,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Pinkerton Wealth LLC lifted its stake in JPMorgan Chase & Co. by 2.4% during the 3rd quarter. Pinkerton Wealth LLC now owns 22,238 shares of the financial services provider’s stock worth $7,015,000 after acquiring an additional 513 shares in the last quarter. Banque Cantonale Vaudoise grew its position in JPMorgan Chase & Co. by 9.3% in the 3rd quarter. Banque Cantonale Vaudoise now owns 85,764 shares of the financial services provider’s stock valued at $27,052,000 after acquiring an additional 7,288 shares in the last quarter. Sienna Gestion increased its stake in JPMorgan Chase & Co. by 54.4% during the third quarter. Sienna Gestion now owns 135,565 shares of the financial services provider’s stock worth $38,987,000 after purchasing an additional 47,792 shares during the period. Fieldview Capital Management LLC increased its stake in JPMorgan Chase & Co. by 56.1% during the third quarter. Fieldview Capital Management LLC now owns 11,773 shares of the financial services provider’s stock worth $3,714,000 after purchasing an additional 4,232 shares during the period. Finally, WINTON GROUP Ltd lifted its position in shares of JPMorgan Chase & Co. by 104.3% during the third quarter. WINTON GROUP Ltd now owns 14,153 shares of the financial services provider’s stock worth $4,464,000 after purchasing an additional 7,226 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.
Key Headlines Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: Zacks upgraded JPM to a “Strong Buy,” boosting short‑term bullishness from some retail/analyst circles. Zacks Upgrade
- Neutral Sentiment: J.P. Morgan Asset Management released its annual College Planning guide — positive PR for the wealth management franchise but unlikely to move the stock materially. College Planning Essentials
- Negative Sentiment: JPMorgan marked down and repriced software-linked loans in private‑credit portfolios and has restricted lending to private‑credit firms — a direct hit to capital deployment and a signal of rising credit stress in the $2T private‑credit market. This is the primary negative catalyst. Reuters: Restricts Private Credit Lending
- Negative Sentiment: Multiple outlets (FT, CNBC, PYMNTS, Zacks) report that the markdowns target software firms because of AI disruption risks — investors worry about valuation, liquidity and potential future losses. Zacks: Markdowns Signal Reality Check
- Negative Sentiment: JPMorgan is facing a proposed class‑action lawsuit alleging the bank facilitated a $328M crypto Ponzi scheme — legal risk and reputational concerns that can pressure shares if exposure or fines grow. Cointelegraph: Crypto Ponzi Lawsuit
- Negative Sentiment: Heavy insider selling and notable institutional rebalancing (reported by Quiver Quantitative) add to sentiment weakness and may amplify intraday selling pressure. Quiver Quant: Insider & Institutional Activity
- Negative Sentiment: Broader market sell‑off (oil surge and geopolitical risks) has led to a bank sector pullback, exacerbating JPM’s decline despite its strong fundamentals and recent earnings beat. Marketwide Sell-Off Coverage
JPMorgan Chase & Co. Stock Down 1.7%
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings results on Tuesday, January 13th. The financial services provider reported $5.23 EPS for the quarter, topping the consensus estimate of $4.93 by $0.30. JPMorgan Chase & Co. had a return on equity of 17.16% and a net margin of 20.35%.The company had revenue of $45.80 billion for the quarter, compared to analyst estimates of $45.98 billion. During the same quarter in the previous year, the company posted $4.81 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. Equities research analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.
Wall Street Analysts Forecast Growth
JPM has been the subject of several recent research reports. HSBC set a $319.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “hold” rating in a report on Thursday, February 5th. Piper Sandler raised their price target on shares of JPMorgan Chase & Co. from $336.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Wells Fargo & Company dropped their price target on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set an “overweight” rating for the company in a research note on Tuesday, February 17th. Freedom Capital raised JPMorgan Chase & Co. to a “hold” rating in a research report on Wednesday, January 14th. Finally, Daiwa Securities Group increased their price objective on JPMorgan Chase & Co. from $345.00 to $353.00 and gave the company an “outperform” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and an average price target of $340.00.
Insiders Place Their Bets
In related news, General Counsel Stacey Friedman sold 3,404 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $312.80, for a total value of $1,064,771.20. Following the completion of the sale, the general counsel owned 65,353 shares in the company, valued at $20,442,418.40. This represents a 4.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Troy L. Rohrbaugh sold 50,000 shares of the 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 sale, the chief executive officer owned 111,279 shares of the company’s stock, valued at approximately $34,174,893.69. This represents a 31.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 71,596 shares of company stock worth $22,067,932. Corporate insiders own 0.47% of the company’s stock.
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.
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