Aware Super Pty Ltd as trustee of Aware Super Purchases 61,217 Shares of JPMorgan Chase & Co. $JPM

Key Points

• Aware Super increased its JPMorgan stake by 22.6% in the third quarter, buying 61,217 shares and bringing its total to 331,897 shares, valued at about $109.8 million.
• Institutional investors own 71.55% of JPMorgan shares; several large investors, including State Street and Bank of America, also increased their holdings.
• JPMorgan’s latest quarterly results missed analyst expectations, with EPS of $5.75 versus $5.94 expected and revenue of $50.17 billion versus $51.23 billion expected, though revenue grew 8.1% year over year.

Aware Super Pty Ltd as trustee of Aware Super increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 22.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 331,897 shares of the financial services provider's stock after buying an additional 61,217 shares during the period. JPMorgan Chase & Co. comprises approximately 1.5% of Aware Super Pty Ltd as trustee of Aware Super's holdings, making the stock its 12th largest holding. Aware Super Pty Ltd as trustee of Aware Super's holdings in JPMorgan Chase & Co. were worth $109,801,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its holdings in shares of JPMorgan Chase & Co. by 0.8% in the 2nd quarter. State Street Corp now owns 125,209,293 shares of the financial services provider's stock valued at $40,984,758,000 after purchasing an additional 932,632 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of JPMorgan Chase & Co. by 6.1% during the second quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider's stock valued at $22,804,018,000 after purchasing an additional 4,006,293 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in JPMorgan Chase & Co. by 2.6% during the second quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider's stock valued at $7,084,339,000 after buying an additional 540,362 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in JPMorgan Chase & Co. by 0.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider's stock valued at $6,164,741,000 after buying an additional 134,634 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in JPMorgan Chase & Co. by 3.3% during the first quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider's stock valued at $5,578,788,000 after buying an additional 607,288 shares during the period. 71.55% of the stock is currently owned by institutional investors.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan’s disciplined duration management and stable deposits may help protect its balance sheet if rates remain high. However, funding costs and regulatory exposure are still risks. JPM Flags Higher Rate Risks: Can Its Balance Sheet Stay Resilient?
• Positive Sentiment: ETFs bought about $65.6 million of JPM shares on Nov. 4, a supportive demand signal, though one day of flows may not indicate a lasting trend. 42 ETFs Add to JPMorgan Chase (JPM) on Nov. 4
• Neutral Sentiment: JPMorgan’s M&A chief expects a softer 2027, but suggested private-equity firms may eventually need to sell assets, potentially improving exit activity. JPMorgan’s M&A chief sees softer 2027—but a potential upside surprise in private equity exits
• Negative Sentiment: Senate Finance Committee Democrats plan to scrutinize JPMorgan’s relationship with Epstein and how senior executives handled it. The probe could prolong reputational and regulatory uncertainty; the reports do not establish wrongdoing. Democrats to probe JPMorgan's relationship with Epstein when they take Senate control

Analysts Set New Price Targets

A number of research firms have weighed in on JPM. Robert W. Baird upped their target price on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the stock a "neutral" rating in a report on Wednesday, October 14th. TD Cowen initiated coverage on JPMorgan Chase & Co. in a report on Thursday, October 8th. They issued a "hold" rating and a $370.00 price target on the stock. The Goldman Sachs Group reissued an "outperform" rating and issued a $392.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, October 13th. Wall Street Zen cut JPMorgan Chase & Co. from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Bank of America upped their price objective on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a "buy" rating in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $368.33.

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock opened at $334.67 on Friday. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50. The business's fifty day simple moving average is $341.87 and its 200-day simple moving average is $323.78. 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 company has a market cap of $888.75 billion, a PE ratio of 14.04, a PEG ratio of 1.32 and a beta of 1.03.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($0.19). JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. During the same period in the previous year, the business earned $5.07 EPS. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. Analysts expect that JPMorgan Chase & Co. will post 23.95 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were paid a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. The ex-dividend date was Tuesday, October 6th. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.68%.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the firm's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the sale, the insider 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company's stock.

JPMorgan Chase & Co. Company 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.

Headquartered in New York City, JPMorgan Chase serves customers across the United States and operates in many international markets.

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