Fideuram Asset Management Ireland dac Buys New Position in JPMorgan Chase & Co. $JPM

Key Points

• Fideuram Asset Management Ireland dac opened a new position in JPMorgan Chase during the fourth quarter, buying 41,155 shares worth about $13.26 million. The stake represents roughly 1.0% of its holdings and is now its 21st-largest position.
• JPMorgan continues to attract institutional interest, with several other funds adding to their positions and hedge funds/institutional investors owning 71.55% of the stock overall.
• The bank recently reported strong quarterly results, posting EPS of $5.94 versus $5.50 expected and revenue of $50.54 billion versus $48.30 billion expected. JPMorgan also raised its quarterly dividend to $1.50 per share, implying a 1.9% annual yield.

Fideuram Asset Management Ireland dac bought a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 41,155 shares of the financial services provider's stock, valued at approximately $13,261,000. JPMorgan Chase & Co. makes up approximately 1.0% of Fideuram Asset Management Ireland dac's holdings, making the stock its 21st largest holding.

Several other large investors have also added to or reduced their stakes in the company. Fiducient Advisors LLC grew its stake in JPMorgan Chase & Co. by 10.6% during the 4th quarter. Fiducient Advisors LLC now owns 4,200 shares of the financial services provider's stock valued at $1,353,000 after purchasing an additional 402 shares during the last quarter. South Street Advisors LLC grew its stake in JPMorgan Chase & Co. by 0.4% during the 4th quarter. South Street Advisors LLC now owns 9,421 shares of the financial services provider's stock valued at $3,036,000 after purchasing an additional 34 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new stake in JPMorgan Chase & Co. during the 4th quarter valued at about $319,000. Garde Capital Inc. grew its stake in JPMorgan Chase & Co. by 52.9% during the 4th quarter. Garde Capital Inc. now owns 6,016 shares of the financial services provider's stock valued at $1,938,000 after purchasing an additional 2,081 shares during the last quarter. Finally, Inspire Trust Co. N.A. grew its stake in JPMorgan Chase & Co. by 7.5% during the 4th quarter. Inspire Trust Co. N.A. now owns 33,000 shares of the financial services provider's stock valued at $10,633,000 after purchasing an additional 2,300 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 433 shares of the business's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $295.06, for a total transaction of $127,760.98. Following the completion of the sale, the insider directly owned 64,920 shares in the company, valued at approximately $19,155,295.20. The trade was a 0.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Jennifer Piepszak sold 9,136 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $306.56, for a total value of $2,800,732.16. Following the sale, the chief operating officer owned 90,001 shares of the company's stock, valued at approximately $27,590,706.56. This trade represents a 9.22% 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. Over the last quarter, insiders sold 28,589 shares of company stock worth $8,747,496. 0.41% of the stock is owned by company insiders.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Jamie Dimon is personally helping pitch SpaceX’s blockbuster IPO to thousands of JPMorgan’s wealthy clients, highlighting the bank’s influence in capital markets and potentially boosting fee income. Reuters article on Dimon and SpaceX IPO roadshow
• Positive Sentiment: The bank is backing a shared tokenized deposit network with other major U.S. lenders, a move that could strengthen JPMorgan’s payments and digital-asset infrastructure position versus stablecoin rivals. WSJ article on tokenized deposit system
• Positive Sentiment: Jim Cramer publicly called JPMorgan “the best bank in the world” and said investors can “buy it and put it away,” reinforcing a constructive market view of the stock. Yahoo Finance article on Jim Cramer
• Neutral Sentiment: News that JPMorgan is using its branch network and client base to promote SpaceX underscores its scale and wealth-management reach, but the impact on near-term earnings is uncertain. Benzinga article on SpaceX IPO promotion
• Neutral Sentiment: Separate headlines noted JPMorgan is evaluating acquisition opportunities and may have $10 billion to $20 billion available for a deal, which could be accretive but also adds execution risk. Yahoo Finance article on acquisition opportunities
• Negative Sentiment: JPMorgan also warned that the crypto industry’s CLARITY Act has a narrowing path to passage, which could slow regulatory progress for digital-asset businesses. Benzinga article on CLARITY Act timing

JPMorgan Chase & Co. Stock Performance

NYSE JPM opened at $312.95 on Friday. The stock has a market capitalization of $838.54 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 1.52 and a beta of 1.00. JPMorgan Chase & Co. has a twelve month low of $262.71 and a twelve month high of $337.25. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. The stock has a 50-day moving average of $303.89 and a 200 day moving average of $306.49.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released 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. The company had revenue of $50.54 billion during the quarter, compared to analysts' expectations of $48.30 billion. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.JPMorgan Chase & Co.'s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.07 EPS. Sell-side analysts anticipate that JPMorgan Chase & Co. will post 22.4 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a $1.50 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.'s dividend payout ratio is presently 28.74%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on JPM. Barclays reiterated a "buy" rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, May 6th. HSBC boosted their price target on JPMorgan Chase & Co. from $288.00 to $312.00 and gave the company a "hold" rating in a research note on Monday, May 4th. Evercore boosted their price target on JPMorgan Chase & Co. from $320.00 to $340.00 and gave the company an "outperform" rating in a research note on Friday, April 17th. Dbs Bank raised JPMorgan Chase & Co. to a "hold" rating in a report on Tuesday, May 12th. Finally, Keefe, Bruyette & Woods reissued an "outperform" rating on shares of JPMorgan Chase & Co. in a report on Tuesday, February 24th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $339.08.

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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