Angeles Wealth Management LLC Has $9.07 Million Holdings in JPMorgan Chase & Co. $JPM

Key Points

• Angeles Wealth Management increased its stake in JPMorgan Chase by 61% in Q3 to 28,747 shares worth approximately $9.07 million, making the stock its 26th-largest holding and about 0.6% of the firm's portfolio.
• Several other advisors (Brighton Jones, Acorns, Ignite Planners, Schnieders, Bridgewealth) also added to or initiated JPM positions, and roughly 71.55% of JPM stock is held by institutional investors.
• JPMorgan’s shareholder-friendly capital-return program (dividend increases and a $50 billion buyback) supports the stock, but rising short interest (~15.5% increase), recent analyst downgrades and legal/macro risks create near-term valuation and downside concerns.

Angeles Wealth Management LLC grew its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 61.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,747 shares of the financial services provider's stock after acquiring an additional 10,893 shares during the quarter. JPMorgan Chase & Co. comprises 0.6% of Angeles Wealth Management LLC's holdings, making the stock its 26th largest holding. Angeles Wealth Management LLC's holdings in JPMorgan Chase & Co. were worth $9,068,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of JPMorgan Chase & Co. by 11.0% in the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider's stock valued at $11,682,000 after purchasing an additional 4,841 shares during the last quarter. Acorns Advisers LLC increased its stake in JPMorgan Chase & Co. by 6.9% in the 1st quarter. Acorns Advisers LLC now owns 1,547 shares of the financial services provider's stock valued at $379,000 after buying an additional 100 shares during the last quarter. Ignite Planners LLC lifted its position in shares of JPMorgan Chase & Co. by 0.7% during the 2nd quarter. Ignite Planners LLC now owns 10,934 shares of the financial services provider's stock worth $3,185,000 after buying an additional 78 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of JPMorgan Chase & Co. by 0.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 60,730 shares of the financial services provider's stock worth $17,606,000 after buying an additional 565 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC purchased a new position in shares of JPMorgan Chase & Co. in the 2nd quarter worth approximately $1,704,000. 71.55% of the stock is owned by institutional investors and hedge funds.

JPMorgan Chase & Co. News Summary

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

• Positive Sentiment: JPMorgan’s capital-return program remains a tailwind: dividend increases and a $50 billion buyback support shareholder returns and can underpin the share price. JPMorgan's Robust Capital Return Story: What's Fueling It?
• Positive Sentiment: JPMorgan is expanding payments and AI-enabled commerce capabilities via a pact with Mirakl (agentic/AI-driven commerce), which could help grow payments revenue and product differentiation over time. JPMorgan Payments and Mirakl Form Agentic Commerce Pact
• Positive Sentiment: Some market commentators see regional bank weakness as a buying opportunity for major banks; if sector multiples re-rate higher, JPM would likely benefit given its scale. Bank Stocks Have Gotten Hit Hard. It’s Time to Think About Buying.
• Neutral Sentiment: J.P. Morgan Asset Management announced cash distributions for several JPMorgan ETFs on the TSX — routine for AM business but not material to JPM’s bank operating results. JPMorgan Announces Cash Distributions for the JPMorgan ETFs
• Negative Sentiment: Short interest in JPM rose ~15.5% in February to ~23.0M shares (about 0.9% of float), signaling increased bearish positioning — a rising short base can amplify downside if sentiment deteriorates.
• Negative Sentiment: An analyst downgrade/critique flags JPM is trading near ~2.2x P/B with “concerning price action,” raising valuation and momentum risk for the stock in the near term. JPMorgan Chase: Stretched Near 2.2x P/B, Concerning Price Action (Downgrade)
• Negative Sentiment: A federal judge allowed JPMorgan employees to pursue part of a lawsuit alleging mismanagement of health/prescription benefits, creating potential legal and reputational risk (uncertain financial impact). JPMorgan Chase employees may sue over high drug costs and premiums, judge rules
• Negative Sentiment: JPMorgan’s research and trading desks have warned of meaningful market downside (scenario of a ~10% S&P drop if Iran tensions push oil >$100), which raises macro risk for bank trading revenue and loan growth. JPMorgan Predicts S&P 500 Could Tumble 10% as Iran Conflict Drives Oil Beyond $100

JPMorgan Chase & Co. Price Performance

JPMorgan Chase & Co. stock opened at $288.78 on Wednesday. The business's 50 day simple moving average is $309.06 and its 200 day simple moving average is $308.71. JPMorgan Chase & Co. has a 12 month low of $202.16 and a 12 month high of $337.25. The company has a market cap of $778.85 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 1.20 and a beta of 1.06. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.27.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $45.80 billion during the quarter, compared to the consensus estimate of $45.98 billion. During the same period last year, the business posted $4.81 earnings per share. The business's revenue for the quarter was up 7.1% on a year-over-year basis. Sell-side analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, CFO Jeremy Barnum sold 2,892 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $306.42, for a total transaction of $886,166.64. Following the sale, the chief financial officer directly owned 23,804 shares of the company's stock, valued at $7,294,021.68. This represents a 10.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robin Leopold sold 432 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $307.14, for a total transaction of $132,684.48. Following the transaction, the insider owned 65,353 shares of the company's stock, valued at $20,072,520.42. This represents a 0.66% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 71,596 shares of company stock valued at $22,067,932. Insiders own 0.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group upped their target price on JPMorgan Chase & Co. from $386.00 to $397.00 and gave the company a "buy" rating in a report on Monday, January 26th. HSBC set a $319.00 price objective on JPMorgan Chase & Co. and gave the stock a "hold" rating in a research report on Thursday, February 5th. DZ Bank restated a "neutral" rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 14th. Morgan Stanley set a $331.00 target price on JPMorgan Chase & Co. in a research report on Tuesday, December 9th. Finally, Wolfe Research cut JPMorgan Chase & Co. from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, January 7th. Fourteen research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, JPMorgan Chase & Co. has an average rating of "Moderate Buy" and an average price target of $340.00.

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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