JPMorgan Chase & Co. $JPM Shares Sold by Dupont Capital Management Corp

Key Points

• Dupont Capital Management reduced its stake in JPMorgan by 18.9%, selling 16,799 shares to hold 72,243 shares worth $23.28M, making JPM 2.6% of its portfolio and its 10th largest holding.
• Company insiders have been net sellers recently: CEO Troy L. Rohrbaugh sold 50,000 shares for about $15.36M, and insiders have sold 71,908 shares valued at $22.07M over the last 90 days, leaving insiders with 0.41% ownership.
• JPMorgan beat Q1 expectations with EPS of $5.94 (vs. $5.50) and revenue of $50.54B, announced a $1.50 quarterly dividend (annual $6.00, ~1.9% yield), and trades with a consensus analyst rating of "Moderate Buy" and a $336.16 target.

Dupont Capital Management Corp reduced its stake in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 18.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 72,243 shares of the financial services provider's stock after selling 16,799 shares during the quarter. JPMorgan Chase & Co. makes up 2.6% of Dupont Capital Management Corp's investment portfolio, making the stock its 10th largest holding. Dupont Capital Management Corp's holdings in JPMorgan Chase & Co. were worth $23,278,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPM. Merit Financial Group LLC lifted its position in JPMorgan Chase & Co. by 8.5% during the 4th quarter. Merit Financial Group LLC now owns 171,329 shares of the financial services provider's stock worth $55,205,000 after acquiring an additional 13,458 shares during the last quarter. AE Wealth Management LLC lifted its position in JPMorgan Chase & Co. by 8.1% during the 4th quarter. AE Wealth Management LLC now owns 516,607 shares of the financial services provider's stock worth $166,461,000 after acquiring an additional 38,562 shares during the last quarter. Shelton Wealth Management LLC lifted its position in JPMorgan Chase & Co. by 7.3% during the 4th quarter. Shelton Wealth Management LLC now owns 5,246 shares of the financial services provider's stock worth $1,690,000 after acquiring an additional 358 shares during the last quarter. Whittier Trust Co. lifted its position in JPMorgan Chase & Co. by 1.9% during the 4th quarter. Whittier Trust Co. now owns 656,811 shares of the financial services provider's stock worth $219,776,000 after acquiring an additional 12,075 shares during the last quarter. Finally, Pennsylvania Capital Management Inc. ADV lifted its position in JPMorgan Chase & Co. by 7.9% during the 4th quarter. Pennsylvania Capital Management Inc. ADV now owns 2,015 shares of the financial services provider's stock worth $649,000 after acquiring an additional 148 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan is building a large private‑credit platform to deploy "tens of billions" into loans originated by its commercial bankers — a potential long‑term fee and yield driver for its asset management business. JPMorgan Is Building A Massive Private Credit Machine Powered By Bank Loans
• Positive Sentiment: Evercore ISI raised its valuation on JPM to $340 after an exceptional Q1, which supports upside investor sentiment and could attract buyers. Evercore ISI Boosts JPMorgan Chase & Co. (JPM) Valuation to $340 on Exceptional Q1 Performance
• Positive Sentiment: JPMorgan is involved in very large commercial lending deals (including reports of a near‑$38B Oracle data‑center loan), highlighting continued strength and market share in large corporate finance. JPMorgan Chase & Co. (JPM) Closing in on Record $38B Oracle Data Center Loan
• Neutral Sentiment: JPMorgan closed a registered public debt offering totaling about $10 billion — a routine funding action but one investors watch for timing and cost of capital implications. JPMorgan Chase Issues $10 Billion in New Debt
• Neutral Sentiment: J.P. Morgan Asset Management announced April cash distributions for several Canadian‑listed JPMorgan ETFs — supportive for fee businesses but immaterial to bank operating earnings. JPMorgan Announces Cash Distributions for the JPMorgan ETFs
• Negative Sentiment: While the private‑credit push is revenue‑accretive, it raises concentration and credit‑risk questions (and potential capital/stress‑test implications) as JPM plows bank‑originated loans into less liquid private strategies. JPMorgan Readies Fresh Private Credit Push After Needling Market
• Negative Sentiment: Industry reaction to recent DeFi exploits is prompting big banks (and JPM) to reevaluate crypto/blockchain exposure — a headwind for any institutional crypto growth plans and a short‑term reputational drag. Big banks reevaluate blockchain after $293 million KelpDAO exploit

Insiders Place Their Bets

In related news, CEO Troy L. Rohrbaugh sold 50,000 shares of the company's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $307.11, for a total value of $15,355,500.00. Following the sale, the chief executive officer owned 111,279 shares of the company's stock, valued at $34,174,893.69. The trade was a 31.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Stacey Friedman sold 3,404 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $306.40, for a total transaction of $1,042,985.60. Following the completion of the sale, the general counsel directly owned 61,949 shares in the company, valued at approximately $18,981,173.60. The trade was a 5.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 71,908 shares of company stock valued at $22,065,882 over the last 90 days. Company insiders own 0.41% of the company's stock.

Analyst Upgrades and Downgrades

JPM has been the subject of a number of research analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and set a $330.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. Freedom Capital upgraded JPMorgan Chase & Co. to a "hold" rating in a report on Wednesday, January 14th. Zacks Research lowered JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 8th. Keefe, Bruyette & Woods reiterated an "outperform" rating on shares of JPMorgan Chase & Co. in a report on Tuesday, February 24th. Finally, Argus upped their price target on JPMorgan Chase & Co. from $340.00 to $355.00 and gave the stock a "buy" rating in a report on Wednesday, April 15th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $336.16.

JPMorgan Chase & Co. Stock Performance

JPM opened at $308.56 on Monday. The stock has a market cap of $827.62 billion, a PE ratio of 14.78, a P/E/G ratio of 1.51 and a beta of 1.05. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a 1 year low of $238.43 and a 1 year high of $337.25. The stock's 50 day simple moving average is $298.79 and its 200-day simple moving average is $306.85.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.50 by $0.44. The business had revenue of $50.54 billion for 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 in the previous year, the business posted $5.07 earnings per share. Sell-side analysts forecast that JPMorgan Chase & Co. will post 22.34 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Monday, April 6th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.'s payout ratio is presently 28.74%.

JPMorgan Chase & Co. Company Profile

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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