JPMorgan Chase & Co. $JPM is Midwest Trust Co's 10th Largest Position

Key Points

• Midwest Trust Co. increased its JPMorgan stake by 14.2% in the second quarter, owning 512,205 shares valued at approximately $167.7 million. JPMorgan now represents 1.9% of the firm’s portfolio and is its 10th-largest holding.
• Institutional investors own 71.55% of JPMorgan’s shares, while analysts maintain a “Moderate Buy” consensus with an average price target of $359.96. The bank recently exceeded quarterly earnings and revenue expectations.
• Potential headwinds include JPMorgan’s elevated valuation of roughly 3.2 times book value, fading capital-markets momentum, and uncertainty over CEO Jamie Dimon’s eventual succession.

Midwest Trust Co boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 14.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 512,205 shares of the financial services provider's stock after purchasing an additional 63,864 shares during the period. JPMorgan Chase & Co. comprises 1.9% of Midwest Trust Co's holdings, making the stock its 10th biggest holding. Midwest Trust Co's holdings in JPMorgan Chase & Co. were worth $167,660,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fidelis Capital Partners LLC boosted its stake in shares of JPMorgan Chase & Co. by 7.9% during the fourth quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider's stock valued at $22,580,000 after purchasing an additional 5,101 shares during the period. First National Bank of Mount Dora Trust Investment Services grew its holdings in shares of JPMorgan Chase & Co. by 18.7% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 41,218 shares of the financial services provider's stock worth $12,125,000 after purchasing an additional 6,492 shares during the last quarter. Brighton Jones LLC increased its stake in JPMorgan Chase & Co. by 11.0% in the 4th 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 during the period. FAS Wealth Partners Inc. increased its stake in JPMorgan Chase & Co. by 4.3% in the 1st 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 during the period. Finally, Central Asset Investments & Management Holdings HK Ltd lifted its holdings in JPMorgan Chase & Co. by 121.1% during the 4th quarter. Central Asset Investments & Management Holdings HK Ltd now owns 11,892 shares of the financial services provider's stock valued at $3,832,000 after buying an additional 6,513 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan strategist Marko Kolanovic reportedly recommended buying stock-market weakness, arguing that earnings strength could support equities. The commentary reinforces a constructive view of the broader market and JPMorgan’s investment-banking outlook. JPMorgan’s Matejka Says Buy the Dip in Stocks on Earnings Boost
• Positive Sentiment: A Zacks analysis identified JPM as a strong long-term stock, citing its positive earnings outlook and durable business quality. This supports investor confidence following JPMorgan’s recent earnings beat and substantial revenue growth. Why JPMorgan Chase & Co. (JPM) is a Top Stock for the Long-Term
• Neutral Sentiment: JPMorgan’s flagged 155 level in dollar-yen suggests a potential short squeeze as the yen strengthens. The resulting currency volatility could create trading opportunities for the bank but also reflects broader market-risk concerns. Dollar-Yen Falls To Seven-Month Lows: Is the Carry Trade Now Broken?
• Neutral Sentiment: JPMorgan said Europe’s proposed “transition” investment-fund label is too narrow. The issue could affect sustainable-finance product development, but no immediate earnings impact was indicated. JPMorgan Says Europe’s ‘Transition’ Fund Label Is Too Narrow
• Negative Sentiment: Analysts warned that fading capital-markets momentum in the third quarter could produce uneven results for major banks, including JPM. Weaker deal activity, trading or underwriting revenue would pressure near-term expectations. Capital Markets Momentum Fades: What it Means for Big Banks in Q3
• Negative Sentiment: A valuation-focused analysis recommended accumulating JPMorgan preferred shares for income while holding the common stock, which it viewed as expensive at roughly 3.2 times book value. Elevated valuation limits upside if growth expectations weaken. JPMorgan: Start Accumulating The Preferred For Income, Hold The Common At 3.2x Book
• Negative Sentiment: Commentary on JPMorgan’s nearly $1 trillion market value highlighted investor dependence on CEO Jamie Dimon and uncertainty surrounding eventual succession. Any concern that the “Jamie premium” is too large could weigh on the common stock’s valuation. JPMorgan’s Market Value Is Flirting With $1 Trillion

Wall Street Analysts Forecast Growth

JPM has been the subject of several research reports. Robert W. Baird boosted their price objective on shares of JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a "neutral" rating in a research report on Wednesday, July 15th. Barclays raised their target price on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 price target for the company in a report on Wednesday, July 22nd. Truist Financial increased their price objective on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the stock a "hold" rating in a research note on Wednesday, July 15th. Finally, Dbs Bank upgraded JPMorgan Chase & Co. to a "hold" rating in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, JPMorgan Chase & Co. has a consensus rating of "Moderate Buy" and a consensus target price of $359.96.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction dated 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 owned 40,961 shares of the company's stock, valued at approximately $13,547,031.53. The trade was a 11.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the business'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 sale, the insider owned 73,547 shares in the company, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their position. 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. 0.41% of the stock is currently owned by insiders.

JPMorgan Chase & Co. Stock Down 0.1%

Shares of NYSE JPM opened at $358.21 on Tuesday. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50. The stock's fifty day simple moving average is $350.46 and its two-hundred day simple moving average is $320.92. The stock has a market capitalization of $952.19 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 1.48 and a beta of 0.98. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating analysts' consensus estimates of $5.59 by $0.55. The business had revenue of $58.02 billion for the quarter, compared to analysts' expectations of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company's revenue was up 27.7% compared to the same quarter last year. During the same period last year, the business earned $4.96 EPS. As a group, analysts expect that JPMorgan Chase & Co. will post 24.28 EPS for the current fiscal year.

About JPMorgan Chase & Co.

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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