BCS Wealth Management Increases Stock Holdings in JPMorgan Chase & Co. $JPM

Key Points

• BCS Wealth Management increased its stake in JPMorgan Chase by 175.6% in Q4, owning 5,998 shares after buying an additional 3,822 shares, a position valued at about $1.932 million.
• JPMorgan reported stronger-than-expected Q1 results with $5.94 EPS vs. $5.50 expected and revenue of $50.54 billion, and analysts hold a consensus "Moderate Buy" rating with an average target of $336.16 (Evercore raised its target to $340).
• Insiders have sold a total of 71,908 shares (~$22.07 million) in the past three months, including CEO Troy L. Rohrbaugh's sale of 50,000 shares for about $15.36 million.

BCS Wealth Management grew its position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 175.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,998 shares of the financial services provider's stock after buying an additional 3,822 shares during the quarter. BCS Wealth Management's holdings in JPMorgan Chase & Co. were worth $1,932,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Mountain Hill Investment Partners Corp. purchased a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $32,000. Turning Point Benefit Group Inc. purchased a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $35,000. Miller Global Investments LLC purchased a new position in shares of JPMorgan Chase & Co. in the fourth quarter valued at $52,000. Collier Financial purchased a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $60,000. Finally, Decker Retirement Planning Inc. increased its position in shares of JPMorgan Chase & Co. by 56.3% in the third quarter. Decker Retirement Planning Inc. now owns 236 shares of the financial services provider's stock valued at $74,000 after buying an additional 85 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 433 shares of the business's stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $295.06, for a total value of $127,760.98. Following the transaction, the insider owned 64,920 shares in the company, valued at $19,155,295.20. The trade was a 0.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Troy L. Rohrbaugh sold 50,000 shares of the business's 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 completion of the transaction, the chief executive officer owned 111,279 shares in the company, valued at $34,174,893.69. This represents a 31.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 71,908 shares of company stock worth $22,065,882 over the last three months. Insiders own 0.47% of the company's stock.

JPMorgan Chase & Co. Stock Down 0.4%

Shares of JPMorgan Chase & Co. stock opened at $311.91 on Friday. The company has a fifty day moving average price of $298.67 and a 200 day moving average price of $306.84. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a twelve month low of $237.58 and a twelve month high of $337.25. The stock has a market cap of $836.62 billion, a price-to-earnings ratio of 14.94, a price-to-earnings-growth ratio of 1.53 and a beta of 1.05.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, topping analysts' consensus estimates of $5.50 by $0.44. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. The firm had revenue of $50.54 billion during the quarter, compared to analysts' expectations of $48.30 billion. During the same period in the prior year, the company earned $5.07 EPS. The firm's revenue was up 10.0% on a year-over-year basis. Equities research analysts forecast that JPMorgan Chase & Co. will post 22.34 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Monday, April 6th will be issued a $1.50 dividend. The ex-dividend date is Monday, April 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.'s payout ratio is currently 28.74%.

Wall Street Analyst Weigh In

JPM has been the topic of a number of analyst reports. CICC Research initiated coverage on JPMorgan Chase & Co. in a report on Wednesday, January 14th. They set an "outperform" rating and a $355.00 target price on the stock. Evercore increased their target price on JPMorgan Chase & Co. from $320.00 to $340.00 and gave the company an "outperform" rating in a report on Friday, April 17th. Wolfe Research cut JPMorgan Chase & Co. from an "outperform" rating to a "peer perform" rating in a report on Wednesday, January 7th. Autonomous Res lowered their target price on JPMorgan Chase & Co. from $360.00 to $324.00 and set a "neutral" rating on the stock in a report on Monday, April 6th. Finally, TD Cowen reiterated a "buy" rating on shares of JPMorgan Chase & Co. in a report on Wednesday, January 7th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $336.16.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: Evercore ISI raised its JPM price target to $340, citing exceptional Q1 results and stronger-than-expected performance — a bullish analyst signal that supports upside expectations. Evercore ISI Boosts JPMorgan Chase & Co. (JPM) Valuation to $340
• Positive Sentiment: JPMorgan's asset-management arm is ramping a private-credit push that will deploy “tens of billions” into loans sourced by commercial bankers — this could lift fee income and diversify higher‑margin lending. JPMorgan Readies Fresh Private Credit Push After Needling Market
• Positive Sentiment: JPMorgan is close to arranging a record ~$38B loan for Oracle’s data-center buildout — a large syndicated deal that generates fees and strengthens corporate banking relationships. JPMorgan Chase & Co. (JPM) Closing in on Record $38B Oracle Data Center Loan
• Positive Sentiment: JPMorganChase expanded its Security and Resilience Initiative into Continental Europe, signaling growth in client advisory and financing work tied to critical industries. JPMorganChase Extends Critical Industries Investment Program to Continental Europe
• Neutral Sentiment: JPMorgan issued $10 billion in registered public debt — a financing move that boosts liquidity/capital flexibility but increases liabilities; impact on EPS and capital ratios should be modest/managed. JPMorgan Chase Issues $10 Billion in New Debt
• Neutral Sentiment: JPMorgan/affiliates reduced reported holdings in smaller names (West African Resources, a2 Milk) — routine portfolio rebalancing with limited read-through to JPM’s core franchise. JPMorgan Ceases to Be Substantial Holder in West African Resources
• Negative Sentiment: JPMorgan warned investors as a fresh wave of crypto/DeFi exploits has triggered large withdrawals and a flight to safety — increased risk aversion can pressure trading revenues, market-related fees and investor flows. JPMorgan issues blunt warning as investors move to safety

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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