First National Trust Co Has $51.04 Million Stake in JPMorgan Chase & Co. $JPM

Key Points

• First National Trust Co. reduced its JPMorgan stake by 11.8% in the second quarter, selling 20,901 shares and retaining 155,919 shares valued at approximately $51.04 million. JPMorgan remains the fund’s 12th-largest holding and represents about 1.7% of its portfolio.
• JPMorgan reported quarterly EPS of $6.14, exceeding the $5.59 consensus estimate, while revenue rose 27.7% year over year to $58.02 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $359.96.
• The bank is pursuing retail expansion and new payment technologies, including account verification with Experian and a potential stablecoin, but faces regulatory risks involving margin lending and proposed capital-surcharge changes that could pressure returns and buybacks.

First National Trust Co reduced its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 11.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 155,919 shares of the financial services provider's stock after selling 20,901 shares during the period. JPMorgan Chase & Co. accounts for approximately 1.7% of First National Trust Co's investment portfolio, making the stock its 12th biggest position. First National Trust Co's holdings in JPMorgan Chase & Co. were worth $51,037,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Great Lakes Retirement Inc. lifted its holdings in JPMorgan Chase & Co. by 4.3% during the 2nd quarter. Great Lakes Retirement Inc. now owns 32,198 shares of the financial services provider's stock worth $10,539,000 after buying an additional 1,313 shares during the period. Pictet Asset Management Holding SA increased its stake in shares of JPMorgan Chase & Co. by 6.5% in the second quarter. Pictet Asset Management Holding SA now owns 1,486,565 shares of the financial services provider's stock valued at $486,598,000 after buying an additional 90,373 shares during the period. Acorn Wealth Advisors LLC raised its position in shares of JPMorgan Chase & Co. by 1.2% during the second quarter. Acorn Wealth Advisors LLC now owns 12,815 shares of the financial services provider's stock worth $4,195,000 after acquiring an additional 152 shares during the last quarter. Assetmark Inc. raised its position in shares of JPMorgan Chase & Co. by 3.8% during the second quarter. Assetmark Inc. now owns 853,617 shares of the financial services provider's stock worth $279,414,000 after acquiring an additional 31,214 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of JPMorgan Chase & Co. by 21.4% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 116,871 shares of the financial services provider's stock worth $38,255,000 after acquiring an additional 20,594 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan is expanding its retail footprint with a planned branch in the Lake Norman area and a new Frisco, Texas, lease. The moves support long-term deposit gathering, customer acquisition and local commercial-banking growth, although the near-term earnings impact is likely modest. Chase Bank plans to open new branch in Lake Norman JPMorgan Chase plans expansion, signs Frisco lease
• Positive Sentiment: A new collaboration with Experian will embed account and payee verification into payment workflows. By helping businesses detect incorrect accounts and potential fraud before funds are sent, the service could strengthen JPMorgan’s payments offering and create additional enterprise relationships. Experian and JPMorgan Push Account Checks Into Payment Workflows
• Positive Sentiment: JPMorgan’s potential stablecoin is viewed as a way to extend its blockchain-payment capabilities, accelerate settlement and deepen institutional digital-finance relationships. The initiative could improve the bank’s competitive position in payments, though commercialization and regulatory execution remain uncertain. Can JPMorgan's Stablecoin Push Strengthen Its Digital Payments Edge?
• Neutral Sentiment: Recent comparisons indicate JPMorgan has helped lead gains among diversified banks, with analysts remaining moderately optimistic. That supports sentiment but offers limited new information about earnings or valuation. How Is JPMorgan Chase's Stock Performance Compared to Other Diversified Bank Stocks
• Negative Sentiment: Regulatory scrutiny is a key risk. The SEC reportedly subpoenaed JPMorgan and other major banks over margin lending to a hedge fund that suffered a steep drawdown. Separately, a proposed GSIB capital-surcharge revision and a technical funding change could reduce expected capital relief, potentially pressuring returns and buyback capacity. SEC Probe Puts Wall Street Leverage Risk Back in Focus JPMorgan Prices One Fed Formula at 61% of Quarterly Profit

Analysts Set New Price Targets

Several analysts recently commented on JPM shares. Jefferies Financial Group set a $350.00 target price on JPMorgan Chase & Co. in a report on Tuesday, July 14th. Wells Fargo & Company raised their price target on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an "overweight" rating in a report on Friday, August 14th. Bank of America boosted their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a "buy" rating in a research report on Thursday, July 16th. Evercore reiterated an "outperform" rating and set a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Finally, HSBC increased their price objective on shares of JPMorgan Chase & Co. from $288.00 to $312.00 and gave the stock a "hold" rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $359.96.

JPMorgan Chase & Co. Price Performance

Shares of JPM opened at $357.54 on Monday. The firm has a market cap of $950.41 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 1.47 and a beta of 0.99. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50. The business's 50 day moving average price is $347.44 and its two-hundred day moving average price is $318.80. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85.

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

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 5,467 shares of the firm's stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel directly owned 40,961 shares in the company, valued at approximately $13,547,031.53. This trade represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the completion of the sale, the insider directly owned 73,547 shares of the company's stock, valued at approximately $26,580,621.27. This trade represents a 3.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company's stock.

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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