JPMorgan Chase & Co. $JPM Stake Lifted by Oppenheimer & Co. Inc.

Key Points

• Oppenheimer increased its JPMorgan stake by 8.7% in the third quarter, acquiring 33,741 additional shares for a total holding of 420,584 shares valued at approximately $139.1 million.
• Institutional investors and hedge funds own 71.55% of JPMorgan’s stock, with several major investors—including Bank of America, Canada Pension Plan Investment Board and Healthcare of Ontario Pension Plan—also increasing their positions.
• JPMorgan reported quarterly earnings and revenue below analyst estimates, but revenue still grew 8.1% year over year. The company raised its quarterly dividend from $1.50 to $1.65 per share, while analysts maintain a “Moderate Buy” consensus rating with a $368.10 average price target.

Oppenheimer & Co. Inc. boosted its stake in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 8.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 420,584 shares of the financial services provider's stock after acquiring an additional 33,741 shares during the period. JPMorgan Chase & Co. comprises approximately 1.5% of Oppenheimer & Co. Inc.'s portfolio, making the stock its 7th largest position. Oppenheimer & Co. Inc.'s holdings in JPMorgan Chase & Co. were worth $139,142,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Bank of America Corp DE increased its position in shares of JPMorgan Chase & Co. by 15.8% during the first quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider's stock worth $19,314,681,000 after purchasing an additional 8,941,351 shares in the last quarter. Ascentis Wealth Management LLC boosted its position in shares of JPMorgan Chase & Co. by 32,672.0% in the 2nd quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider's stock valued at $1,521,126,000 after purchasing an additional 4,632,891 shares during the period. Jupiter Topco LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at about $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund grew its stake in JPMorgan Chase & Co. by 31.5% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider's stock worth $2,042,648,000 after buying an additional 1,662,250 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in JPMorgan Chase & Co. by 22.9% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider's stock worth $2,625,511,000 after buying an additional 1,496,676 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company's stock.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the company's stock in a transaction on 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 owned 71,047 shares of the company's stock, valued at approximately $25,066,092.07. This 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 accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company's stock.

JPMorgan Chase & Co. Price Performance

JPM stock opened at $336.96 on Friday. The firm has a 50 day moving average of $343.34 and a 200-day moving average of $322.98. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month 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 1.31. The company has a market cap of $895.70 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 1.33 and a beta of 1.02.

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

JPMorgan Chase & Co. Increases Dividend

The company also recently announced 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. The ex-dividend date was Tuesday, October 6th. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 27.68%.

JPMorgan Chase & Co. News Summary

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?

Analyst Ratings Changes

A number of equities analysts have recently commented on JPM shares. Jefferies Financial Group reaffirmed a "neutral" rating on shares of JPMorgan Chase & Co. in a report on Friday, September 25th. Barclays increased their target price on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 14th. Morgan Stanley increased their price objective on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 14th. Keefe, Bruyette & Woods restated an "outperform" rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, October 14th. Finally, Zacks Research lowered shares of JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. One research 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $368.10.

About JPMorgan Chase & Co.

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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