Daymark Wealth Partners LLC Buys 39,286 Shares of JPMorgan Chase & Co. $JPM

Daymark Wealth Partners LLC raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 14.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 311,115 shares of the financial services provider's stock after buying an additional 39,286 shares during the period. JPMorgan Chase & Co. comprises about 2.5% of Daymark Wealth Partners LLC's holdings, making the stock its 9th largest position. Daymark Wealth Partners LLC's holdings in JPMorgan Chase & Co. were worth $101,837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in JPM. Fidelis Capital Partners LLC boosted its position in shares of JPMorgan Chase & Co. by 7.9% during the 4th quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider's stock worth $22,580,000 after purchasing an additional 5,101 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services increased its holdings in shares of JPMorgan Chase & Co. by 18.7% in the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 41,218 shares of the financial services provider's stock valued at $12,125,000 after purchasing an additional 6,492 shares in the last quarter. Brighton Jones LLC lifted its stake 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 period. FAS Wealth Partners Inc. boosted its holdings in JPMorgan Chase & Co. by 4.3% during the first quarter. FAS Wealth Partners Inc. now owns 43,527 shares of the financial services provider's stock worth $12,804,000 after buying an additional 1,794 shares in the last quarter. Finally, KTF Investments LLC purchased a new stake in JPMorgan Chase & Co. during the fourth quarter worth about $6,449,000. 71.55% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Robin Leopold sold 2,500 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the sale, the insider owned 73,547 shares of the company's stock, valued at $26,580,621.27. This represents a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the company's stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the completion of the sale, the general counsel directly owned 40,961 shares of the company's stock, valued at approximately $13,547,031.53. This represents a 11.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company's stock.

JPMorgan Chase & Co. Stock Performance

NYSE:JPM opened at $356.42 on Thursday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a 50-day moving average of $348.76 and a two-hundred day moving average of $319.75. The stock has a market cap of $947.43 billion, a P/E ratio of 15.27, a PEG ratio of 1.46 and a beta of 0.98. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping analysts' consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm's revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.96 earnings per share. On average, research analysts expect that JPMorgan Chase & Co. will post 24.28 earnings per share for the current fiscal year.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: Investors are rotating into large-bank stocks as expectations for higher interest rates improve the outlook for net interest income and financial-sector earnings. JPMorgan has particularly strong exposure to diversified banking and markets businesses. Expectations of Rising Rates and Worries About AI Have Investors Piling Into Big Bank Stocks
• Positive Sentiment: JPMorgan’s shares have benefited from rising Treasury yields; a 10-year yield near 4.8% was cited as supporting a stronger net interest income outlook. The bank’s latest results also showed substantial revenue growth and an earnings beat. JPMorgan Rises as 10-Year Treasury Yield Hits 4.8%
• Positive Sentiment: Kinexys, JPMorgan’s blockchain-based payments and settlement platform, is gaining traction. Faster fund transfers and deeper corporate-client relationships could support long-term payments growth and diversify revenue beyond traditional banking. Will Kinexys Fuel JPMorgan’s Next Leg of Payments Growth?
• Neutral Sentiment: The rebranding of Campbell Global as J.P. Morgan Natural Capital highlights growth in nature-based asset management, but the announcement is primarily strategic and is unlikely to materially change near-term earnings. J.P. Morgan Asset Management Announces Rebrand of Campbell Global to J.P. Morgan Natural Capital
• Negative Sentiment: JPMorgan reportedly curbed lending to Jane Street after the trading firm expanded into U.S. Treasury market-making. The move may reflect prudent risk management, but it also underscores intensifying competition in fixed-income markets and potential pressure on related trading relationships. JPMorgan Curbed Lending to Jane Street as Trading Firm Muscled Into Bonds

Wall Street Analysts Forecast Growth

Several research firms recently commented on JPM. UBS Group boosted their price objective on shares of JPMorgan Chase & Co. from $384.00 to $400.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Dbs Bank raised shares of JPMorgan Chase & Co. to a "hold" rating in a research note on Tuesday, May 12th. Jefferies Financial Group set a $350.00 price objective on JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Bank of America increased their target price on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, July 16th. Finally, Barclays raised their price target on JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, JPMorgan Chase & Co. presently has an average rating of "Moderate Buy" and a consensus price target of $359.96.

JPMorgan Chase & Co. Profile

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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