JPMorgan Chase & Co. $JPM Stake Raised by Maia Wealth LLC

Maia Wealth LLC lifted its position in JPMorgan Chase & Co. (NYSE:JPM) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,893 shares of the financial services provider’s stock after buying an additional 1,662 shares during the quarter. Maia Wealth LLC’s holdings in JPMorgan Chase & Co. were worth $5,258,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Concorde Asset Management LLC grew its stake in JPMorgan Chase & Co. by 1.1% during the second quarter. Concorde Asset Management LLC now owns 2,660 shares of the financial services provider’s stock valued at $871,000 after acquiring an additional 29 shares in the last quarter. Elevation Wealth Management LLC lifted its stake in JPMorgan Chase & Co. by 1.0% in the 2nd quarter. Elevation Wealth Management LLC now owns 3,074 shares of the financial services provider’s stock worth $1,006,000 after purchasing an additional 29 shares in the last quarter. Henrickson Nauta Wealth Advisors Inc. lifted its stake in JPMorgan Chase & Co. by 0.8% in the 2nd quarter. Henrickson Nauta Wealth Advisors Inc. now owns 3,531 shares of the financial services provider’s stock worth $1,156,000 after purchasing an additional 29 shares in the last quarter. Arkansas Financial Group Inc. lifted its stake in JPMorgan Chase & Co. by 1.1% in the 2nd quarter. Arkansas Financial Group Inc. now owns 2,667 shares of the financial services provider’s stock worth $873,000 after purchasing an additional 30 shares in the last quarter. Finally, Flynn Zito Capital Management LLC lifted its stake in JPMorgan Chase & Co. by 1.1% in the 2nd quarter. Flynn Zito Capital Management LLC now owns 2,830 shares of the financial services provider’s stock worth $926,000 after purchasing an additional 30 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, October 14th. Barclays upped their price target on shares of JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, October 14th. Wells Fargo & Company increased their price objective on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. Truist Financial increased their price objective on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the stock a “hold” rating in a research report on Wednesday, October 14th. Finally, UBS Group dropped their price objective on JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $365.45.

JPMorgan Chase & Co. Stock Down 0.1%

Shares of NYSE JPM opened at $334.84 on Thursday. 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 business has a 50-day moving average of $346.57 and a 200-day moving average of $331.41. The firm has a market capitalization of $890.07 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 1.32 and a beta of 1.02. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($0.19). JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The company had revenue of $50.17 billion for the quarter, compared to the consensus estimate of $51.23 billion. During the same quarter in the previous year, the firm earned $5.07 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. Sell-side analysts expect that JPMorgan Chase & Co. will post 23.99 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 given a dividend of $1.65 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio is 27.68%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% 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: Strong trading and AI-related revenue: JPMorgan, Goldman Sachs and Morgan Stanley reportedly captured nearly 80% of the top five banks’ equity-trading revenue this year, benefiting from hedge-fund borrowing and demand tied to artificial intelligence and semiconductor stocks. Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom
• Positive Sentiment: Expansion in digital payments: JPMorgan launched its dollar-backed JPM Coin deposit token on Ethereum’s mainnet for institutional clients. Wider blockchain access could strengthen the bank’s transaction-services business and digital-asset infrastructure. JPMorgan Launches JPM Coin on Ethereum for Institutional Clients
• Positive Sentiment: International and strategic growth: JPMorgan reportedly is pursuing a Nigerian banking license after placing a 50 billion-naira deposit with Nigeria’s central bank. The move could expand its African corporate and investment-banking presence. J.P. Morgan to Secure Nigerian Banking Licence
• Positive Sentiment: Capital and resiliency investments: The bank has committed roughly $230 billion through its broader, 10-year security and resiliency initiative, potentially creating long-term opportunities in infrastructure, supply chains and government-related financing. Jamie Dimon spent years warning about America’s reliance on China
• Neutral Sentiment: Bitcoin outlook: JPMorgan Asset Management forecasts a 10% annualized Bitcoin return over 10–15 years, above its projections for U.S. large-cap stocks and gold, but excludes Bitcoin from core portfolio models because of approximately 55% volatility. The forecast may enhance JPMorgan’s digital-assets credentials, though it is not a direct earnings catalyst. JPMorgan Puts a Number on Bitcoin for the First Time
• Neutral Sentiment: JPMorgan completed a $7 billion senior-debt offering, providing funding but also increasing fixed financing obligations. JPMorgan Chase Completes $7 Billion Senior Debt Offering
• Negative Sentiment: The most immediate pressure remains earnings: JPMorgan’s latest quarterly EPS and revenue missed consensus estimates, despite year-over-year growth. That disappointment likely weighs more heavily on the stock than the longer-term strategic announcements.

JPMorgan Chase & Co. Profile

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.