JPMorgan Chase & Co. $JPM Shares Newly Purchased by Leo Wealth LLC

Key Points

• Leo Wealth LLC purchased 4,608 JPMorgan shares worth approximately $1.52 million during the third quarter. Institutional investors and hedge funds collectively own 71.55% of the stock.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $368.10, despite some recent downgrades and target-price reductions.
• JPMorgan’s latest quarterly results missed estimates, with earnings per share of $5.75 and revenue of $50.17 billion, but revenue rose 8.1% year over year. The company also raised its quarterly dividend to $1.65 per share, implying a 2.0% annual yield.

Leo Wealth LLC bought a new position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,608 shares of the financial services provider's stock, valued at approximately $1,524,000.

Several other hedge funds have also recently bought and sold shares of the stock. Horizons Wealth Management acquired a new position in JPMorgan Chase & Co. in the 3rd quarter valued at $31,000. Aventus Investment Advisors Inc. bought a new position in JPMorgan Chase & Co. in the second quarter valued at approximately $33,000. Timbuktu Capital Management LLC bought a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter worth $50,000. NI Acquisitions Company LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at approximately $51,000. Finally, Turim 21 Investimentos Ltda. acquired a new stake in JPMorgan Chase & Co. in the first quarter valued at approximately $62,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on JPM. Weiss Ratings cut JPMorgan Chase & Co. from a "buy (a-)" rating to a "buy (b+)" rating in a research note on Friday, October 23rd. Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 target price for the company in a research report on Wednesday, July 22nd. Zacks Research lowered JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 14th. UBS Group decreased their price target on shares of JPMorgan Chase & Co. from $400.00 to $395.00 and set a "buy" rating for the company in a research report on Monday, October 5th. Finally, The Goldman Sachs Group reaffirmed an "outperform" rating and set a $392.00 price target on shares of JPMorgan Chase & Co. in a research note on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $368.10.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan raised its 2026 net interest income outlook, citing solid loan and deposit growth. The upgrade supports expectations for stronger core banking revenue, although higher expenses and potential credit deterioration remain important offsets. JPMorgan Raises NII Outlook
• Positive Sentiment: A comparison with Bank of America highlights JPMorgan’s stronger revenue trajectory: its quarterly revenue has increased 14% over two years, suggesting continued competitive and operating momentum. Bank of America vs. JPMorgan Chase
• Positive Sentiment: JPMorgan’s research business initiated coverage of Palantir with an overweight rating and a $262 price target, reflecting potential investment-banking and research franchise activity, though the direct effect on JPMorgan’s earnings is likely limited. JPMorgan Is Bullish on Palantir
• Neutral Sentiment: JPMorgan disclosed a 3.2% voting stake in Qiagen through a Netherlands regulatory filing. The position may reflect activity by an investment-management or client account and does not indicate a material change to JPMorgan’s banking outlook. JPMorgan Discloses Stake in Qiagen
• Negative Sentiment: Commentary questioning whether JPMorgan’s shares are too expensive emphasizes rising operating costs, credit risks and a premium valuation. Those concerns can weigh on the stock even as earnings expectations improve. JPMorgan Raises NII Outlook: Is JPM Stock Too Expensive?
• Negative Sentiment: JPMorgan has issued several fixed-income offerings, including 6.00% senior unsecured notes due 2038. The funding activity is routine, but higher borrowing costs and additional liabilities may reinforce investor concerns about expenses and balance-sheet funding. What Is Behind the Latest Attention?

Insider Activity 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 shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the sale, the insider directly owned 71,047 shares of the company's stock, valued at $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 Performance

NYSE:JPM opened at $336.96 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50. The company has a fifty day moving average of $343.34 and a 200-day moving average of $322.98. The firm has a market capitalization of $895.70 billion, a P/E ratio of 14.13, a P/E/G ratio of 1.35 and a beta of 1.02.

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

JPMorgan Chase & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be issued a dividend of $1.65 per share. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.'s dividend payout ratio is 27.68%.

JPMorgan Chase & Co. Company Profile

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.

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