JPMorgan Chase & Co. $JPM Stock Acquired by Brookstone Capital Management

Key Points

• Brookstone Capital Management increased its JPMorgan Chase stake by 12.1% in the third quarter, adding 17,335 shares for a total holding of 160,269 shares valued at approximately $53.0 million. Institutional investors collectively own 71.55% of JPMorgan’s stock.
• JPMorgan reported quarterly EPS of $5.75, below the $5.94 consensus estimate, while revenue rose 8.1% year over year to $50.17 billion. Shares recently traded at $334.12, with a market capitalization of roughly $888 billion.
• The company raised its quarterly dividend from $1.50 to $1.65 per share, equating to an annualized dividend of $6.60 and a 2.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $368.10.

Brookstone Capital Management boosted its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 12.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,269 shares of the financial services provider's stock after buying an additional 17,335 shares during the period. Brookstone Capital Management's holdings in JPMorgan Chase & Co. were worth $53,022,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JPM. Bank of America Corp DE lifted its position in shares of JPMorgan Chase & Co. by 15.8% in the 1st 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 acquiring an additional 8,941,351 shares during the period. Ascentis Wealth Management LLC increased its position in shares of JPMorgan Chase & Co. by 32,672.0% during the second 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 bought a new stake in shares of JPMorgan Chase & Co. during the second quarter valued at approximately $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of JPMorgan Chase & Co. by 31.5% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider's stock valued at $2,042,648,000 after purchasing an additional 1,662,250 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in shares of JPMorgan Chase & Co. by 22.9% in the second quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider's stock valued at $2,625,511,000 after purchasing an additional 1,496,676 shares in 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 $334.12 on Tuesday. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. The business's fifty day moving average price is $345.50 and its two-hundred day moving average price is $322.76. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The stock has a market capitalization of $888.16 billion, a price-to-earnings ratio of 14.02, a price-to-earnings-growth ratio of 1.31 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced 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). JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The firm had revenue of $50.17 billion for the quarter, compared to the consensus estimate of $51.23 billion. During the same period in the prior year, the business earned $5.07 earnings per share. The company's revenue for the quarter was up 8.1% on a year-over-year basis. As a group, analysts predict that JPMorgan Chase & Co. will post 23.97 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is 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 presently 27.68%.

Insider Transactions at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the business's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the transaction, the insider owned 71,047 shares of the company's stock, valued at $25,066,092.07. The trade was a 3.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on JPM. Keefe, Bruyette & Woods reiterated an "outperform" rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. Zacks Research lowered shares of JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. TD Cowen began coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, October 8th. They issued a "hold" rating and a $370.00 price objective for the company. Weiss Ratings downgraded shares of JPMorgan Chase & Co. from a "buy (a-)" rating to a "buy (b+)" rating in a report on Friday. Finally, Bank of America lifted their target price on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a "buy" rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of "Moderate Buy" and an average target price of $368.10.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: Nigeria expansion creates new growth opportunities. JPMorgan received approval to establish a merchant bank in Nigeria, allowing it to pursue corporate banking, capital-markets and cross-border financing business in a fast-growing African market. The expansion could strengthen the bank’s international fee revenue and client relationships. Will JPMorgan's Nigeria Expansion Bolster Its Growth Prospects?
• Positive Sentiment: Blockchain initiatives reinforce JPMorgan’s technology and payments strategy. Coverage highlights nearly $900 million invested in tokenized funds across Ethereum and Solana, along with the expansion of JPM Coin and tokenized-fund capabilities. These initiatives could eventually support new transaction, custody and financing revenue streams, while analysts view the stock as potentially undervalued relative to its profitability and growth prospects. JPMorgan Has Nearly $900 Million in Tokenized Funds on Ethereum and Solana
• Positive Sentiment: JPMorgan strategists see potential relief for equities if bond yields stabilize. The bank’s strategists believe the recent increase in government bond yields may be overextended. Stabilizing yields could reduce pressure on equity markets and improve conditions for investment banking and asset-management activity. Could Stabilising Bond Yields Support Equities Through Year-End?
• Neutral Sentiment: J.P. Morgan Mortgage Trust received preliminary ratings for a $340.9 million pool of primarily prime residential mortgage loans. The securitization supports JPMorgan’s mortgage-finance operations but is not a major direct catalyst for JPM shares. KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2026-9
• Neutral Sentiment: JPMorgan affiliates ceased being substantial holders in several Australian mining companies. These portfolio-position changes appear unrelated to JPMorgan’s core operating performance and are unlikely to significantly affect JPM stock. JPMorgan Ceases to Be Substantial Holder in Deep Yellow
• Negative Sentiment: A seven-member Houston team departed J.P. Morgan for Rockefeller Capital Management. The move could raise limited concerns about talent retention in wealth management, though its financial impact appears modest. Rockefeller Adds J.P. Morgan Team in Houston

JPMorgan Chase & Co. Company 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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