JPMorgan Chase & Co. $JPM Shares Purchased by Krilogy Financial LLC

Key Points

• Krilogy Financial increased its JPMorgan Chase position by 16.6% in the third quarter, acquiring 4,172 additional shares for a total holding of 29,374 shares valued at approximately $9.82 million.
• JPMorgan reported quarterly EPS of $5.75 and revenue of $50.17 billion, both below analyst expectations, although revenue rose 8.1% year over year. The stock opened at $331.99, below its 50-day moving average of $349.49.
• The bank raised its quarterly dividend from $1.50 to $1.65 per share, equating to an annualized yield of about 2.0%. Analysts maintain a “Moderate Buy” consensus with an average price target of $361.79.

Krilogy Financial LLC increased its position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 16.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,374 shares of the financial services provider's stock after purchasing an additional 4,172 shares during the period. Krilogy Financial LLC's holdings in JPMorgan Chase & Co. were worth $9,820,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Concorde Asset Management LLC lifted its stake in shares of JPMorgan Chase & Co. by 1.1% in the second quarter. Concorde Asset Management LLC now owns 2,660 shares of the financial services provider's stock worth $871,000 after buying an additional 29 shares in the last quarter. Elevation Wealth Management LLC increased its position in shares of JPMorgan Chase & Co. by 1.0% during the second quarter. Elevation Wealth Management LLC now owns 3,074 shares of the financial services provider's stock valued at $1,006,000 after acquiring an additional 29 shares in the last quarter. Henrickson Nauta Wealth Advisors Inc. increased its position in shares of JPMorgan Chase & Co. by 0.8% during the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 3,531 shares of the financial services provider's stock valued at $1,156,000 after acquiring an additional 29 shares in the last quarter. Arkansas Financial Group Inc. increased its position in shares of JPMorgan Chase & Co. by 1.1% during the second quarter. Arkansas Financial Group Inc. now owns 2,667 shares of the financial services provider's stock valued at $873,000 after acquiring an additional 30 shares in the last quarter. Finally, Flynn Zito Capital Management LLC raised its holdings in JPMorgan Chase & Co. by 1.1% in the 2nd quarter. Flynn Zito Capital Management LLC now owns 2,830 shares of the financial services provider's stock worth $926,000 after acquiring an additional 30 shares during the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Stock Down 0.7%

JPM opened at $331.99 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. The firm has a 50 day moving average price of $349.49 and a 200-day moving average price of $329.50. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50. The stock has a market capitalization of $882.49 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 1.37 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its 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 company had revenue of $50.17 billion during the quarter, compared to analysts' expectations of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%. The company's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.07 EPS. Equities research analysts forecast that JPMorgan Chase & Co. will post 24.18 earnings per share 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 given a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. JPMorgan Chase & Co.'s payout ratio is presently 28.28%.

Insider Activity

In other JPMorgan Chase & Co. 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 transaction of $882,025.00. Following the completion of the sale, the insider owned 71,047 shares of the company's stock, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on JPM. Evercore reaffirmed an "outperform" rating and issued a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. HSBC increased their target price on JPMorgan Chase & Co. from $369.00 to $377.00 and gave the company a "hold" rating in a research note on Monday, September 28th. Keefe, Bruyette & Woods lifted their target price on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an "outperform" rating in a report on Wednesday, July 15th. Citigroup boosted their price target on JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a "neutral" rating in a research note on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 price target on the stock in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $361.79.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan reported third-quarter net income of approximately $15.3 billion, up 6% year over year, while revenue increased about 8% to $50.2 billion. Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management all posted year-over-year profit growth. JPMorgan Chase Reports Third-Quarter Net Income
• Positive Sentiment: Management offered preliminary 2027 net interest income guidance of roughly $107 billion, implying continued growth from late-2026 levels. Executives also said uncertain markets are delaying corporate deals rather than eliminating them, supporting the investment-banking recovery. JPMorgan Sees Deal Delays, Not Cancellations
• Positive Sentiment: The bank appointed Rob Sweeney global chair of investment banking and has added more than 1,000 investment bankers this year, positioning JPMorgan to benefit if mergers and equity issuance continue recovering. JPMorgan Taps Rob Sweeney
• Neutral Sentiment: JPMorgan declared a $1.65-per-share dividend and repurchased $664 million of stock. Analysts also expect the bank could raise its dividend again in 2027, although that remains a forecast rather than a company announcement. Prediction on JPMorgan’s Dividend
• Negative Sentiment: Adjusted EPS of $5.75 missed the $5.94 consensus, and revenue of roughly $50.2 billion fell short of expectations near $51.2 billion. Lower fixed-income trading revenue and investment-securities losses were key factors, making the result a disappointment after JPMorgan’s long streak of beats. JPM Q3 Earnings Lag Estimates
• Negative Sentiment: Investors remain concerned that elevated rates, inflation, a flattening yield curve, fiscal deficits, and a potential future credit cycle could pressure funding costs and loan growth. CEO Jamie Dimon also warned about risks from rogue AI agents, while JPMorgan is restricting outside agents from directly accessing customer accounts. JPMorgan Restricts Outside AI Agents

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, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.

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