47,348 JPMorgan Chase & Co. $JPM Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 736,097 shares of the financial services provider’s stock after buying an additional 47,348 shares during the quarter. JPMorgan Chase & Co. comprises about 0.7% of Kestra Advisory Services LLC’s portfolio, making the stock its 18th biggest holding. Kestra Advisory Services LLC’s holdings in JPMorgan Chase & Co. were worth $243,523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Horizons Wealth Management acquired a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at approximately $31,000. Aventus Investment Advisors Inc. acquired a new stake in JPMorgan Chase & Co. during the second quarter worth about $33,000. Timbuktu Capital Management LLC acquired a new position in JPMorgan Chase & Co. in the 2nd quarter valued at about $50,000. Team Financial Group LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at approximately $50,000. Finally, NI Acquisitions Company LLC acquired a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter worth approximately $51,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Trading Up 0.0%

NYSE:JPM opened at $342.13 on Wednesday. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50. The stock has a market cap of $908.57 billion, a P/E ratio of 14.35, a P/E/G ratio of 1.35 and a beta of 1.03. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a 50-day simple moving average of $341.28 and a 200-day simple moving average of $324.17.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. During the same period last year, the company earned $5.07 earnings per share. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. As a group, analysts anticipate that JPMorgan Chase & Co. will post 23.95 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were paid a $1.65 dividend. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. This represents a $6.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.68%.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan CEO Jamie Dimon is expected to appear in a livestream with Anthropic CEO Dario Amodei about Anthropic’s planned IPO, which is targeting a very high valuation. The event highlights JPMorgan’s connection to a prominent potential offering, though the report does not establish a specific underwriting role or revenue impact. Article: Anthropic Plans IPO Live Stream With Amodei, JPMorgan CEO Dimon
• Neutral Sentiment: JPMorgan expects mergers and acquisitions to slow in 2027, which could weigh on investment-banking advisory fees. The firm sees private-equity exits as a possible offset, leaving the net effect uncertain. Article: JPM Expects M&A Slowdown in 2027: Can Private Equity Exits Offset?
• Negative Sentiment: JPMorgan and its partners may try to sell about $2 billion of Qualtrics debt at roughly 85 cents on the dollar. If completed at that discount, the sale could crystallize a loss and reflects weaker pricing for software-related debt. Article: JPMorgan May Sell $2 Billion of Qualtrics Debt at About 85 Cents on the Dollar

Insider Activity

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the firm’s 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 transaction, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on JPM. Wall Street Zen downgraded JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research report on Saturday. TD Cowen started coverage on JPMorgan Chase & Co. in a research report on Thursday, October 8th. They issued a “hold” rating and a $370.00 target price on the stock. UBS Group lifted their price objective on JPMorgan Chase & Co. from $395.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, November 2nd. Robert W. Baird increased their target price on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 14th. Finally, Weiss Ratings cut shares of JPMorgan Chase & Co. from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of “Moderate Buy” and an average target price of $368.33.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co. is a global financial services company serving consumers, businesses, institutional clients and governments. Its operations include consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. The company offers services such as deposit accounts, credit cards, mortgages, auto financing, lending, payment processing and investment advice. It also provides institutional clients with investment banking, markets, treasury and securities services, and commercial lending.