GoalVest Advisory LLC Trims Stock Position in JPMorgan Chase & Co. $JPM

Key Points

• GoalVest Advisory cut its JPMorgan position by 32.6% in the second quarter, selling 4,676 shares and retaining 9,656 shares valued at approximately $3.16 million.
• Other institutional investors increased their holdings, and hedge funds and institutions collectively own 71.55% of JPMorgan’s stock.
• JPMorgan shares opened at $357.44, near their 52-week high, while the bank maintained a $1.50 quarterly dividend and analysts held a “Moderate Buy” consensus rating with a $359.33 average price target.

GoalVest Advisory LLC trimmed its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 32.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,656 shares of the financial services provider's stock after selling 4,676 shares during the period. JPMorgan Chase & Co. accounts for approximately 0.6% of GoalVest Advisory LLC's holdings, making the stock its 23rd largest holding. GoalVest Advisory LLC's holdings in JPMorgan Chase & Co. were worth $3,161,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Aletheian Wealth Advisors LLC increased its stake in shares of JPMorgan Chase & Co. by 8.6% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 2,960 shares of the financial services provider's stock valued at $969,000 after acquiring an additional 235 shares during the last quarter. Everhart Financial Group Inc. lifted its holdings in shares of JPMorgan Chase & Co. by 3.4% during the 2nd quarter. Everhart Financial Group Inc. now owns 27,883 shares of the financial services provider's stock worth $9,127,000 after acquiring an additional 909 shares during the period. Sax Wealth Advisors LLC boosted its position in shares of JPMorgan Chase & Co. by 13.4% in the second quarter. Sax Wealth Advisors LLC now owns 25,214 shares of the financial services provider's stock worth $8,253,000 after acquiring an additional 2,979 shares during the last quarter. Everpar Advisors LLC boosted its position in shares of JPMorgan Chase & Co. by 1.6% in the second quarter. Everpar Advisors LLC now owns 34,866 shares of the financial services provider's stock worth $11,413,000 after acquiring an additional 551 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC grew its holdings in JPMorgan Chase & Co. by 27.4% in the second quarter. Adamsbrown Wealth Consultants LLC now owns 2,192 shares of the financial services provider's stock valued at $717,000 after purchasing an additional 472 shares during the period. Hedge funds and other institutional investors own 71.55% of the company's stock.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: AI spending could support economic growth. Dimon said hyperscalers’ heavy AI infrastructure spending is likely to pay off, contributing to U.S. GDP growth, job creation and demand for construction materials. Sustained AI-related financing and advisory activity could benefit JPMorgan’s investment banking and commercial businesses. AI spending and Jamie Dimon
• Positive Sentiment: Payments platform gains a new merchant offering. Klarna’s integration with J.P. Morgan Payments is now live in the U.S., allowing merchants to offer installment and flexible-payment options without a separate integration. The deal may strengthen JPMorgan’s payments ecosystem and help retain or attract commerce-platform clients. Klarna integration with J.P. Morgan Payments
• Positive Sentiment: Swift framework expands cross-border payments. JPMorgan and Bank of America have launched Swift’s new payment framework, supporting faster international transfers for U.S. users and reinforcing JPMorgan’s position in global transaction banking. Swift payment framework launch
• Neutral Sentiment: Quarterly filing provides updated disclosure. JPMorgan filed its Form 10-Q for the quarter ended June 30, but the available announcement does not highlight new financial results or material changes. Investors will need to review the filing for details on credit quality, capital, trading performance and expenses. JPMorgan Form 10-Q filing
• Negative Sentiment: Dimon’s leverage warning creates a risk overhang. He said margin debt is at record highs and that hidden borrowing through hedge funds, prime brokerages and leveraged ETFs could trigger a sudden market disruption. He also warned that AI-driven capital demand, geopolitical tensions and fiscal deficits could keep inflation and interest rates elevated, potentially pressuring asset values and trading conditions. Jamie Dimon leverage warning

JPMorgan Chase & Co. Trading Up 0.3%

JPM opened at $357.44 on Friday. The firm has a market capitalization of $957.76 billion, a P/E ratio of 15.31, a P/E/G ratio of 1.47 and a beta of 0.99. The firm's 50 day moving average is $334.33 and its 200-day moving average is $313.40. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $363.00. The company has a quick ratio of 0.86, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Monday, July 6th were issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, July 6th. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 25.71%.

Analyst Upgrades and Downgrades

JPM has been the subject of several research analyst reports. Dbs Bank raised shares of JPMorgan Chase & Co. to a "hold" rating in a research report on Tuesday, May 12th. Truist Financial lifted their price target on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a "hold" rating in a report on Wednesday, July 15th. Zacks Research upgraded JPMorgan Chase & Co. from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. Argus lifted their price objective on JPMorgan Chase & Co. from $340.00 to $355.00 and gave the company a "buy" rating in a research note on Wednesday, April 15th. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $418.00 target price on shares of JPMorgan Chase & Co. in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $359.33.

Insider Transactions at JPMorgan Chase & Co.

In related news, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the sale, the general counsel owned 40,961 shares of the company's stock, valued at $13,547,031.53. The trade was a 11.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by company insiders.

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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