JPMorgan Chase & Co. $JPM Shares Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems increased its JPMorgan Chase stake by 5.1% in the fourth quarter, buying 21,160 additional shares and bringing its total to 434,698 shares valued at about $140.1 million.
• JPMorgan beat earnings expectations in its latest quarter, reporting EPS of $5.94 versus the $5.50 estimate and revenue of $50.54 billion versus $48.30 billion expected.
• The bank also declared a quarterly dividend of $1.50 per share, while insiders recently sold shares under pre-arranged trading plans and analysts currently rate the stock a “Moderate Buy.”

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 434,698 shares of the financial services provider's stock after acquiring an additional 21,160 shares during the quarter. JPMorgan Chase & Co. accounts for approximately 0.8% of VIRGINIA RETIREMENT SYSTEMS ET Al's holdings, making the stock its 15th largest holding. VIRGINIA RETIREMENT SYSTEMS ET Al's holdings in JPMorgan Chase & Co. were worth $140,068,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Roxbury Financial LLC boosted its holdings in JPMorgan Chase & Co. by 0.4% in the fourth quarter. Roxbury Financial LLC now owns 8,011 shares of the financial services provider's stock worth $2,581,000 after acquiring an additional 31 shares in the last quarter. Collective Family Office LLC boosted its holdings in JPMorgan Chase & Co. by 1.0% in the fourth quarter. Collective Family Office LLC now owns 3,339 shares of the financial services provider's stock worth $1,076,000 after acquiring an additional 32 shares in the last quarter. Rialto Wealth Management LLC boosted its holdings in JPMorgan Chase & Co. by 3.6% in the third quarter. Rialto Wealth Management LLC now owns 962 shares of the financial services provider's stock worth $304,000 after acquiring an additional 33 shares in the last quarter. Essential Planning LLC. boosted its holdings in JPMorgan Chase & Co. by 2.4% in the fourth quarter. Essential Planning LLC. now owns 1,399 shares of the financial services provider's stock worth $451,000 after acquiring an additional 33 shares in the last quarter. Finally, Tevis Investment Management boosted its holdings in JPMorgan Chase & Co. by 0.8% in the third quarter. Tevis Investment Management now owns 4,238 shares of the financial services provider's stock worth $1,337,000 after acquiring an additional 34 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company's stock.

JPMorgan Chase & Co. Stock Up 0.4%

Shares of JPM stock opened at $303.13 on Friday. The stock has a 50 day moving average of $300.47 and a 200 day moving average of $307.14. 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 market cap of $812.24 billion, a P/E ratio of 14.52, a P/E/G ratio of 1.47 and a beta of 1.03. JPMorgan Chase & Co. has a twelve month low of $256.00 and a twelve month high of $337.25.

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. 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% on a year-over-year basis. During the same period last year, the business earned $5.07 earnings per share. As a group, sell-side analysts expect that JPMorgan Chase & Co. will post 22.43 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is currently 28.74%.

Insider Buying and Selling

In related news, CFO Jeremy Barnum sold 5,611 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $306.55, for a total transaction of $1,720,052.05. Following the completion of the transaction, the chief financial officer directly owned 35,460 shares in the company, valued at approximately $10,870,263. This trade represents a 13.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $300.27, for a total value of $1,641,876.36. Following the transaction, the general counsel owned 46,428 shares of the company's stock, valued at approximately $13,940,935.56. This represents a 10.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 28,589 shares of company stock valued at $8,747,496 in the last ninety days. Insiders own 0.41% 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: CEO Jamie Dimon said JPMorgan plans to hire more AI specialists and fewer traditional bankers, reinforcing a push for productivity and long-term cost discipline. CEO Dimon says JPMorgan to hire more AI staff, fewer bankers, Bloomberg News reports
• Positive Sentiment: JPMorgan rolled out AI tools across its global investment banking business, which could improve efficiency and support margins over time. JPMorgan rolls out AI tools investment banking globally, senior banker says
• Positive Sentiment: JPMorgan opened its Chase digital retail bank in Germany, expanding its consumer banking presence and creating a new growth avenue in Europe. JPMorgan Launches Its German Retail Bank, Aiming for ‘Top’ Rank
• Positive Sentiment: JPMorgan is reportedly considering ways to offload risk tied to more than $4 billion in private-equity-linked loans, which could reduce balance-sheet exposure if a deal is completed. JPMorgan looks to offload exposure to $4 billion in private equity-linked loans, FT reports
• Positive Sentiment: JPMorgan’s quarterly earnings and revenue previously beat expectations, helping support the stock’s valuation backdrop. JPMorgan Chase & Co. Stock Information
• Neutral Sentiment: Jamie Dimon also warned that interest rates could move higher, which may support net interest income but keeps the macro backdrop uncertain. Dimon Says Rates Risk Going Much Higher Even After Bond Selloff
• Neutral Sentiment: General Counsel Stacey Friedman sold shares under a pre-arranged trading plan, which is routine insider activity and not necessarily a negative signal. Stacey Friedman Sells 5,468 Shares of JPMorgan Chase & Co. NYSE: JPM Stock
• Negative Sentiment: One recent commentary took a more bearish view on JPMorgan’s valuation, warning about “capital traps” despite the bank’s AI and scale advantages. JPMorgan Chase 2026: Sovereign Utility Scale, AI Dominance, And Capital Traps (Rating Downgrade)

Analyst Ratings Changes

JPM has been the subject of several research analyst reports. UBS Group reduced their price objective on JPMorgan Chase & Co. from $380.00 to $375.00 in a research note on Wednesday, May 6th. Autonomous Res reduced their price objective on JPMorgan Chase & Co. from $360.00 to $324.00 and set a "neutral" rating for the company in a research note on Monday, April 6th. HSBC raised their price objective on JPMorgan Chase & Co. from $288.00 to $312.00 and gave the stock a "hold" rating in a research note on Monday, May 4th. Barclays restated a "buy" rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group restated a "neutral" rating on shares of JPMorgan Chase & Co. in a research note on Monday, May 4th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $339.08.

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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