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JPMorgan Chase & Co. $JPM Shares Newly Bought by Randolph Co Inc

JPMorgan Chase & Co. logo with Finance background
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Key Points

  • Randolph Co Inc. purchased 171,399 JPMorgan shares worth approximately $56.7 million, making the bank 4.5% of its portfolio and its fifth-largest holding. Institutional investors collectively own 71.55% of JPMorgan’s stock.
  • JPMorgan shares opened at $343.63, with a market capitalization of about $913.4 billion and a consensus analyst rating of Moderate Buy based on a $368.10 average price target.
  • The bank reported quarterly EPS of $5.75, below the $5.94 consensus estimate, while revenue rose 8.1% year over year to $50.17 billion. JPMorgan also raised its quarterly dividend to $1.65 per share, implying a 1.9% yield.
  • MarketBeat previews the top five stocks to own by November 1st.

Randolph Co Inc purchased a new position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 171,399 shares of the financial services provider's stock, valued at approximately $56,704,000. JPMorgan Chase & Co. accounts for 4.5% of Randolph Co Inc's holdings, making the stock its 5th biggest position.

Several other hedge funds also recently bought and sold shares of the business. Winter & Associates Inc. grew its holdings in shares of JPMorgan Chase & Co. by 9.8% in the third quarter. Winter & Associates Inc. now owns 1,367 shares of the financial services provider's stock worth $458,000 after purchasing an additional 122 shares during the last quarter. Provident Investment Management Inc. purchased a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at approximately $211,000. Guardian Investment Management boosted its holdings in shares of JPMorgan Chase & Co. by 2.3% in the third quarter. Guardian Investment Management now owns 6,351 shares of the financial services provider's stock valued at $2,101,000 after purchasing an additional 141 shares during the period. Auctus Advisors LLC increased its holdings in JPMorgan Chase & Co. by 6.0% during the 3rd quarter. Auctus Advisors LLC now owns 1,235 shares of the financial services provider's stock worth $409,000 after purchasing an additional 70 shares during the period. Finally, Code Waechter LLC lifted its holdings in shares of JPMorgan Chase & Co. by 4.6% in the 3rd quarter. Code Waechter LLC now owns 2,876 shares of the financial services provider's stock worth $951,000 after buying an additional 126 shares during the period. Institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Trading Up 1.3%

NYSE:JPM opened at $343.63 on Friday. The company has a market capitalization of $913.43 billion, a P/E ratio of 14.41, a PEG ratio of 1.34 and a beta of 1.02. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50. The firm has a fifty day simple moving average of $343.66 and a 200-day simple moving average of $322.92.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($0.19). The firm had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business's revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.07 EPS. On average, equities research analysts anticipate that JPMorgan Chase & Co. will post 23.97 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be given a dividend of $1.65 per share. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. This represents a $6.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.'s payout ratio is presently 27.68%.

Key Headlines Impacting JPMorgan Chase & Co.

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

  • Positive Sentiment: High-profile IPO mandates could boost investment-banking revenue. JPMorgan reportedly will lead U.S. retail share sales for Anthropic’s planned IPO, potentially allocating 15%–20% of the offering to individual investors. The bank has also secured a prominent role in the anticipated SpaceX offering, reinforcing its position in major technology IPOs and creating opportunities for underwriting and distribution fees. Anthropic Selects JPMorgan to Lead U.S. Retail Share Sales for Planned IPO
  • Positive Sentiment: Digital-asset infrastructure is expanding. JPMorgan is among the institutions accessing the DTCC’s new tokenization service, while its JPM Coin deposit token has expanded to the Ethereum blockchain for approved institutional clients. These initiatives could strengthen the bank’s payments, custody and institutional-finance businesses over time. DTCC Unit Launches Tokenization Services
  • Positive Sentiment: Asset-management and private-capital initiatives support longer-term growth. J.P. Morgan Asset Management announced a global client-reporting technology partnership, and J.P. Morgan Life Sciences Private Capital led a Series C investment in GT Metabolic Solutions. These announcements are strategically positive but are unlikely to materially affect near-term earnings. J.P. Morgan Asset Management and Kurtosys Partnership
  • Neutral Sentiment: JPMorgan added shares of Southside Bancshares in the second quarter. The disclosed institutional purchase reflects portfolio activity rather than a major change to JPMorgan’s operating outlook. Southside Bancshares Q3 2026 Earnings
  • Negative Sentiment: Wealth-management client attrition is a potential headwind. An advisory group managing more than $1.4 billion in client assets reportedly left JPMorgan’s wealth-management business for Rockefeller Capital Management. The departure could pressure advisory fees and raises questions about retention, though the impact appears limited relative to JPMorgan’s overall scale. JPMorgan Losing $1.4 Billion in Advisory Assets
  • Negative Sentiment: Corporate opposition to tokenized-stock platforms introduces regulatory and reputational risk. JPMorgan and other companies objected to OKXICE’s proposed tokenized-stock push, potentially slowing broader adoption, although the objection is not an indication of weakness in JPMorgan’s own blockchain projects. Companies Oppose OKXICE Tokenized Stock Push

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the business's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the transaction, the insider owned 71,047 shares of the company's stock, valued at $25,066,092.07. The trade was a 3.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on JPM shares. Citigroup cut their price target on JPMorgan Chase & Co. from $360.00 to $350.00 and set a "neutral" rating on the stock in a research note on Thursday, October 15th. Bank of America lifted their price objective on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, July 16th. Barclays boosted their price target on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 14th. Wells Fargo & Company upped their price objective on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an "overweight" rating in a research note on Friday, August 14th. Finally, Weiss Ratings downgraded shares of JPMorgan Chase & Co. from a "buy (a-)" rating to a "buy (b+)" rating in a report on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $368.10.

View Our Latest Report on JPM

JPMorgan Chase & Co. Profile

(Free Report)

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.

Further Reading

Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM - Free Report).

Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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