JPMorgan Chase & Co. $JPM Shares Purchased by Investment Partners LTD.

Key Points

• Investment Partners LTD. increased its JPMorgan stake by 76.5% in the third quarter, adding 13,380 shares to reach 30,864 shares, valued at about $10.2 million. Institutional investors and hedge funds collectively own 71.55% of the bank’s stock.
• JPMorgan reported quarterly earnings of $5.75 per share and revenue of $50.17 billion, both below analysts’ estimates, although revenue rose 8.1% year over year.
• The bank raised its quarterly dividend from $1.50 to $1.65 per share, equivalent to $6.60 annually and a 2.0% yield. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $368.33.

Investment Partners LTD. grew its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 76.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,864 shares of the financial services provider's stock after buying an additional 13,380 shares during the period. JPMorgan Chase & Co. makes up 1.6% of Investment Partners LTD.'s investment portfolio, making the stock its 17th largest holding. Investment Partners LTD.'s holdings in JPMorgan Chase & Co. were worth $10,211,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JPM. E Fund Management Co. Ltd. boosted its holdings in JPMorgan Chase & Co. by 7.1% in the second quarter. E Fund Management Co. Ltd. now owns 29,956 shares of the financial services provider's stock worth $9,805,000 after acquiring an additional 1,973 shares in the last quarter. Edmond DE Rothschild Holding S.A. grew its stake in shares of JPMorgan Chase & Co. by 4.6% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 343,644 shares of the financial services provider's stock worth $112,485,000 after acquiring an additional 15,017 shares in the last quarter. Neumann Capital Management LLC purchased a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at about $3,457,000. First National Bank of Mount Dora Trust Investment Services increased its position in shares of JPMorgan Chase & Co. by 18.7% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 41,218 shares of the financial services provider's stock valued at $12,125,000 after acquiring an additional 6,492 shares during the last quarter. Finally, FAS Wealth Partners Inc. increased its position in shares of JPMorgan Chase & Co. by 4.3% during the 1st quarter. FAS Wealth Partners Inc. now owns 43,527 shares of the financial services provider's stock valued at $12,804,000 after purchasing an additional 1,794 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company's stock.

JPMorgan Chase & Co. Stock Performance

Shares of NYSE JPM opened at $337.48 on Friday. The stock has a market cap of $897.10 billion, a price-to-earnings ratio of 14.16, a P/E/G ratio of 1.39 and a beta of 1.03. 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 1-year low of $279.10 and a 1-year high of $366.50. The stock's 50-day moving average is $342.26 and its 200 day moving average is $323.62.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($0.19). The business had revenue of $50.17 billion for the quarter, compared to analysts' expectations of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.07 earnings per share. On average, sell-side analysts anticipate that JPMorgan Chase & Co. will post 23.95 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were given a dividend of $1.65 per share. This represents a $6.60 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, October 6th. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. JPMorgan Chase & Co.'s dividend payout ratio is currently 27.68%.

Insider Activity

In related news, insider Robin Leopold sold 2,500 shares of the firm'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 sale, the insider directly owned 71,047 shares of the company's stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. HSBC lifted their price target on shares of JPMorgan Chase & Co. from $369.00 to $377.00 and gave the stock a "hold" rating in a report on Monday, September 28th. Barclays raised their price objective on shares of JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, October 14th. Weiss Ratings lowered shares of JPMorgan Chase & Co. from a "buy (a-)" rating to a "buy (b+)" rating in a research note on Friday, October 23rd. TD Cowen initiated coverage on shares of JPMorgan Chase & Co. in a report on Thursday, October 8th. They set a "hold" rating and a $370.00 target price on the stock. Finally, UBS Group boosted their target price on shares of JPMorgan Chase & Co. from $395.00 to $400.00 and gave the company a "buy" rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $368.33.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan has formed a strategic partnership to provide AI services to OpenAI. The agreement could create new business opportunities, though the reported potential for an OpenAI IPO in 2027 is not a JPMorgan IPO. OpenAI Forms JPMorgan Partnership Ahead of 2027 IPO
• Positive Sentiment: JPMorgan received approval to open a regulated private-banking branch in Dubai and is adding experienced U.S. private-banking advisers. The moves could support growth in wealth management, although their financial impact was not quantified. What Does JPMorgan Chase Gain From Its Dubai Push And US Hires?
• Neutral Sentiment: J.P. Morgan plans to add Saudi Arabian and Philippine government debt to a major emerging-markets bond index in 2027. This may reinforce its role in benchmark indexing, but the report does not indicate a material near-term effect on earnings. JP Morgan to Add Philippines and Saudi Arabia to Key EM Bond Index
• Negative Sentiment: Senate Finance Committee Democrats are preparing to scrutinize how JPMorgan executives handled the bank’s ties to Jeffrey Epstein. The prospect of congressional investigation creates reputational and potential legal or compliance risk. Democrats to Probe JPMorgan’s Relationship with Epstein
• Negative Sentiment: Democratic control of Congress could mean more scrutiny of banks and less momentum for financial deregulation, adding uncertainty around the sector’s regulatory outlook. Midterm Election Results: What’s Ahead for Financial Stocks?

JPMorgan Chase & Co. 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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