JPMorgan Chase & Co. $JPM Stake Lifted by Baron Silver Stevens Financial Advisors LLC

Key Points

• Baron Silver Stevens Financial Advisors increased its JPMorgan stake by 78.9% in the second quarter, purchasing 6,320 additional shares. Its 14,335-share position was valued at approximately $4.7 million.
• Institutional investors own 71.55% of JPMorgan’s stock, while insiders own 0.41%; two insiders recently sold shares through pre-arranged Rule 10b5-1 trading plans.
• JPMorgan reported quarterly EPS of $6.14, beating estimates of $5.59, while revenue rose 27.7% year over year to $58.02 billion. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $359.96.

Baron Silver Stevens Financial Advisors LLC boosted its stake in JPMorgan Chase & Co. (NYSE:JPM) by 78.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,335 shares of the financial services provider's stock after buying an additional 6,320 shares during the period. JPMorgan Chase & Co. accounts for approximately 0.6% of Baron Silver Stevens Financial Advisors LLC's investment portfolio, making the stock its 20th largest holding. Baron Silver Stevens Financial Advisors LLC's holdings in JPMorgan Chase & Co. were worth $4,693,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Soltis Investment Advisors LLC boosted its holdings in shares of JPMorgan Chase & Co. by 10.5% during the second quarter. Soltis Investment Advisors LLC now owns 36,052 shares of the financial services provider's stock valued at $11,801,000 after acquiring an additional 3,432 shares during the period. Daymark Wealth Partners LLC boosted its stake in JPMorgan Chase & Co. by 14.5% during the 2nd quarter. Daymark Wealth Partners LLC now owns 311,115 shares of the financial services provider's stock valued at $101,837,000 after purchasing an additional 39,286 shares during the period. Integrity Alliance LLC. boosted its stake in JPMorgan Chase & Co. by 2.5% during the 2nd quarter. Integrity Alliance LLC. now owns 34,253 shares of the financial services provider's stock valued at $11,212,000 after purchasing an additional 844 shares during the period. Avion Wealth grew its position in JPMorgan Chase & Co. by 19.5% in the 2nd quarter. Avion Wealth now owns 1,010 shares of the financial services provider's stock worth $330,000 after purchasing an additional 165 shares during the last quarter. Finally, Integrity Advisory Solutions LLC grew its position in JPMorgan Chase & Co. by 29.0% in the 2nd quarter. Integrity Advisory Solutions LLC now owns 4,069 shares of the financial services provider's stock worth $1,332,000 after purchasing an additional 914 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, General Counsel Stacey Friedman sold 5,467 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total value of $1,808,100.91. Following the transaction, the general counsel owned 40,961 shares in the company, valued at approximately $13,547,031.53. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $361.41, for a total transaction of $903,525.00. Following the transaction, the insider owned 73,547 shares in the company, valued at approximately $26,580,621.27. This trade represents a 3.29% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock opened at $356.42 on Thursday. The company has a market capitalization of $947.43 billion, a price-to-earnings ratio of 15.27, a P/E/G ratio of 1.46 and a beta of 0.98. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $366.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. The stock's fifty day simple moving average is $348.76 and its 200-day simple moving average is $319.75.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The firm had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. During the same period in the prior year, the business earned $4.96 EPS. The business's revenue for the quarter was up 27.7% on a year-over-year basis. On average, sell-side analysts predict that JPMorgan Chase & Co. will post 24.28 earnings per share for the current fiscal year.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Investors are rotating into large-bank stocks as expectations for higher interest rates improve the outlook for net interest income and financial-sector earnings. JPMorgan has particularly strong exposure to diversified banking and markets businesses. Expectations of Rising Rates and Worries About AI Have Investors Piling Into Big Bank Stocks
• Positive Sentiment: JPMorgan’s shares have benefited from rising Treasury yields; a 10-year yield near 4.8% was cited as supporting a stronger net interest income outlook. The bank’s latest results also showed substantial revenue growth and an earnings beat. JPMorgan Rises as 10-Year Treasury Yield Hits 4.8%
• Positive Sentiment: Kinexys, JPMorgan’s blockchain-based payments and settlement platform, is gaining traction. Faster fund transfers and deeper corporate-client relationships could support long-term payments growth and diversify revenue beyond traditional banking. Will Kinexys Fuel JPMorgan’s Next Leg of Payments Growth?
• Neutral Sentiment: The rebranding of Campbell Global as J.P. Morgan Natural Capital highlights growth in nature-based asset management, but the announcement is primarily strategic and is unlikely to materially change near-term earnings. J.P. Morgan Asset Management Announces Rebrand of Campbell Global to J.P. Morgan Natural Capital
• Negative Sentiment: JPMorgan reportedly curbed lending to Jane Street after the trading firm expanded into U.S. Treasury market-making. The move may reflect prudent risk management, but it also underscores intensifying competition in fixed-income markets and potential pressure on related trading relationships. JPMorgan Curbed Lending to Jane Street as Trading Firm Muscled Into Bonds

Analyst Upgrades and Downgrades

Several analysts have weighed in on JPM shares. Dbs Bank raised JPMorgan Chase & Co. to a "hold" rating in a research note on Tuesday, May 12th. Wells Fargo & Company raised their price objective on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an "overweight" rating in a research note on Friday, August 14th. UBS Group upped their target price on JPMorgan Chase & Co. from $384.00 to $400.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 price target for the company in a report on Wednesday, July 22nd. Finally, Truist Financial lifted their price objective on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the stock a "hold" rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. currently has a consensus rating of "Moderate Buy" and a consensus price target of $359.96.

JPMorgan Chase & Co. 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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