Deroy & Devereaux Private Investment Counsel Inc. Has $52.32 Million Stock Position in JPMorgan Chase & Co. $JPM

Key Points

• Deroy & Devereaux Private Investment Counsel trimmed its position in JPMorgan by 2.1%, now holding 162,371 shares worth $52.32 million, which is 2.5% of its portfolio and its second-largest holding.
• JPMorgan posted a strong quarter—EPS $5.94 and revenue $50.54B, both above expectations—and announced a $1.50 quarterly dividend (annualized $6.00, ~1.9% yield), with a market cap near $836 billion and a PE around 14.9.
• The bank is showing continued dealflow and product expansion, participating in a $6 billion financing for a Kuwaiti pipeline stake and partnering with ACI Worldwide on payment-fraud controls, even as institutional ownership is ~71.6% and insiders have sold shares recently.

Deroy & Devereaux Private Investment Counsel Inc. lowered its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 162,371 shares of the financial services provider's stock after selling 3,493 shares during the quarter. JPMorgan Chase & Co. accounts for 2.5% of Deroy & Devereaux Private Investment Counsel Inc.'s investment portfolio, making the stock its 2nd largest holding. Deroy & Devereaux Private Investment Counsel Inc.'s holdings in JPMorgan Chase & Co. were worth $52,319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of JPM. Brighton Jones LLC grew its holdings in JPMorgan Chase & Co. by 11.0% during the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider's stock worth $11,682,000 after buying an additional 4,841 shares in the last quarter. Acorns Advisers LLC grew its holdings in JPMorgan Chase & Co. by 6.9% during the first quarter. Acorns Advisers LLC now owns 1,547 shares of the financial services provider's stock worth $379,000 after buying an additional 100 shares in the last quarter. Ignite Planners LLC grew its holdings in JPMorgan Chase & Co. by 0.7% during the second 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. Jump Financial LLC bought a new stake in JPMorgan Chase & Co. during the second quarter worth $1,475,000. Finally, Betterment LLC grew its holdings in JPMorgan Chase & Co. by 27.5% during the second quarter. Betterment LLC now owns 1,970 shares of the financial services provider's stock worth $571,000 after buying an additional 425 shares in the last quarter. Institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. News Summary

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

• Positive Sentiment: JPMorgan is part of a $6 billion financing syndicate for prospective buyers of a stake in Kuwait Petroleum Corporation’s crude pipeline network — a meaningful investment-banking/loan fee opportunity and a sign of continued corporate and sovereign deal flow in the bank’s pipeline. Exclusive: JPMorgan among banks providing financing for Kuwaiti oil pipeline stake deal
• Positive Sentiment: JPMorgan announced a partnership with ACI Worldwide to embed its Kinexys Liink Confirm payee/account verification into ACI’s fraud solution — expands JPM’s payments product footprint and could reduce fraud losses while boosting transaction/service revenue. JPMorgan and ACI Team to Combat Real-Time Payment Fraud
• Positive Sentiment: Recent fundamentals remain supportive: JPMorgan’s April quarter beat on EPS and revenue, with solid margins and ROE — a reminder that core earnings and fee businesses remain robust (background earnings release).
• Neutral Sentiment: CEO Jamie Dimon will present at the Bernstein Strategic Decisions Conference on May 27 — provides management access and the chance to reinforce strategy, but not an immediate earnings driver. JPMorganChase to Present at the Bernstein Strategic Decisions Conference
• Neutral Sentiment: JPMorgan research is urging investors to “buy the dips” amid record markets and suggests lower rate expectations later this year — a bullish market-structure view that can support trading and wealth management flows but is macro-driven. Why JPMorgan is telling investors to keep buying the dips even as market hits new highs
• Neutral Sentiment: JPMorgan is among banks recommending energy-linked currency trades as the US‑Iran conflict reshapes oil markets — highlights the bank’s FX/markets franchise activity, but this is market-research driven rather than a direct earnings surprise. Deutsche, JPMorgan Favor Energy-Linked Currencies Amid Iran War
• Neutral Sentiment: JPMorgan strategists note that AI-related cash flow growth is outpacing capex in the tech sector — a research datapoint that supports sector positioning and trading flows but is indirect for JPM’s own fundamentals. AI funding pressures ease as cash flow growth outpaces spending: JPMorgan
• Negative Sentiment: Media commentary (e.g., Jim Cramer) criticized JPMorgan’s investor presentation as underwhelming compared with peers — could weigh on investor perception of messaging and near-term sentiment if echoed by other commentators. Jim Cramer Shares Why JPMorgan’s (JPM) Conference Wasn’t Great

JPMorgan Chase & Co. Stock Up 1.1%

Shares of NYSE JPM opened at $311.74 on Tuesday. JPMorgan Chase & Co. has a one year low of $238.43 and a one year high of $337.25. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.86 and a quick ratio of 0.85. The business's fifty day moving average price is $298.97 and its 200-day moving average price is $306.89. The stock has a market capitalization of $836.16 billion, a PE ratio of 14.93, a P/E/G ratio of 1.51 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, beating the consensus estimate of $5.50 by $0.44. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The firm had revenue of $50.54 billion for the quarter, compared to analysts' expectations of $48.30 billion. During the same period in the prior year, the business posted $5.07 earnings per share. The company's revenue was up 10.0% on a year-over-year basis. On average, equities research analysts anticipate that JPMorgan Chase & Co. will post 22.34 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently declared 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 of this dividend is Monday, April 6th. This represents a $6.00 annualized dividend and a dividend yield of 1.9%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 28.74%.

Insider Transactions at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 433 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $295.06, for a total transaction of $127,760.98. Following the transaction, the insider directly owned 64,920 shares in the company, valued at approximately $19,155,295.20. This represents a 0.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Stacey Friedman sold 3,404 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $306.40, for a total value of $1,042,985.60. Following the transaction, the general counsel owned 61,949 shares in the company, valued at $18,981,173.60. This trade represents a 5.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 71,908 shares of company stock worth $22,065,882. 0.41% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Wall Street Zen upgraded JPMorgan Chase & Co. from a "sell" rating to a "hold" rating in a report on Sunday, January 18th. Zacks Research cut JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 8th. Royal Bank Of Canada reissued an "outperform" rating and issued a $330.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday, January 14th. Daiwa Securities Group cut their price objective on JPMorgan Chase & Co. from $340.00 to $328.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 7th. Finally, Autonomous Res cut their price objective on JPMorgan Chase & Co. from $360.00 to $324.00 and set a "neutral" rating on the stock in a research report on Monday, April 6th. Fifteen analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $336.16.

JPMorgan Chase & Co. Company 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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