JPMorgan Chase & Co. $JPM Stock Holdings Increased by Alecta Tjanstepension Omsesidigt

Key Points

• Alecta Tjanstepension Omsesidigt increased its JPMorgan stake by 28.6% in the second quarter, adding 414,200 shares to own 1.86 million shares valued at approximately $608.8 million. Institutional investors collectively own 71.55% of JPMorgan’s stock.
• JPMorgan reported quarterly EPS of $6.14, beating the $5.59 consensus estimate, while revenue rose 27.7% year over year to $58.02 billion. Shares opened at $363.30, near their 52-week high of $366.50.
• Analyst sentiment remains positive, with upgrades from Deutsche Bank and Zacks and higher price targets from Wells Fargo and Barclays; the stock carries a “Moderate Buy” consensus rating and a $359.96 average price target. Two insiders sold shares under pre-arranged Rule 10b5-1 plans.

Alecta Tjanstepension Omsesidigt boosted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 28.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,860,500 shares of the financial services provider's stock after buying an additional 414,200 shares during the quarter. JPMorgan Chase & Co. accounts for approximately 2.6% of Alecta Tjanstepension Omsesidigt's portfolio, making the stock its 8th largest holding. Alecta Tjanstepension Omsesidigt owned 0.07% of JPMorgan Chase & Co. worth $608,756,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. ABN Amro Investment Solutions lifted its holdings in shares of JPMorgan Chase & Co. by 18.6% in the second quarter. ABN Amro Investment Solutions now owns 383,145 shares of the financial services provider's stock valued at $125,415,000 after purchasing an additional 60,034 shares in the last quarter. Apollon Financial LLC raised its position in shares of JPMorgan Chase & Co. by 1.3% during the 2nd quarter. Apollon Financial LLC now owns 14,617 shares of the financial services provider's stock worth $4,785,000 after purchasing an additional 185 shares during the last quarter. Apollon Wealth Management LLC raised its position in shares of JPMorgan Chase & Co. by 1.0% during the 2nd quarter. Apollon Wealth Management LLC now owns 221,179 shares of the financial services provider's stock worth $72,398,000 after purchasing an additional 2,099 shares during the last quarter. Meridian Investment Counsel Inc. lifted its stake in JPMorgan Chase & Co. by 1.0% in the 2nd quarter. Meridian Investment Counsel Inc. now owns 8,925 shares of the financial services provider's stock valued at $2,921,000 after buying an additional 90 shares in the last quarter. Finally, Oakworth Capital Inc. lifted its stake in JPMorgan Chase & Co. by 1.4% in the 2nd quarter. Oakworth Capital Inc. now owns 203,525 shares of the financial services provider's stock valued at $67,090,000 after buying an additional 2,802 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, General Counsel Stacey Friedman sold 5,467 shares of the business's stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the completion of the sale, the general counsel owned 40,961 shares in the company, valued at approximately $13,547,031.53. The trade was a 11.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 firm's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the completion of the transaction, the insider owned 73,547 shares in the company, valued at $26,580,621.27. The trade was 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. Insiders own 0.41% of the company's stock.

Analyst Upgrades and Downgrades

JPM has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 price objective on the stock in a research note on Wednesday, July 22nd. Zacks Research raised shares of JPMorgan Chase & Co. from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 16th. Wells Fargo & Company lifted their price target on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an "overweight" rating in a report on Friday. Jefferies Financial Group set a $350.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Finally, Barclays upped their price objective on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the company an "overweight" rating in a research note on Wednesday, July 15th. One investment 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 company. According to MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of "Moderate Buy" and a consensus price target of $359.96.

JPMorgan Chase & Co. Stock Up 0.6%

Shares of JPM opened at $363.30 on Wednesday. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The company's fifty day moving average is $342.14 and its two-hundred day moving average is $316.43. The firm has a market cap of $965.71 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.49 and a beta of 0.99. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping analysts' consensus estimates 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 business 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 firm posted $4.96 EPS. The business's revenue for the quarter was up 27.7% on a year-over-year basis. Analysts forecast that JPMorgan Chase & Co. will post 24.28 earnings per share for the current year.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: Wells Fargo reportedly sees JPMorgan reaching the historic $1 trillion valuation milestone within days and believes the bank could potentially double its market value over the next seven to eight years. The forecast reinforces the bullish “Jamie premium” surrounding CEO Jamie Dimon’s long-term leadership. Wells Fargo makes aggressive JPMorgan prediction
• Positive Sentiment: Recent analyst commentary highlights JPMorgan’s earnings resilience, broad business mix and price strength versus competitors such as Truist, despite JPM’s less-discounted valuation and lower dividend yield. Its latest quarterly results also showed substantial revenue growth and an earnings beat. JPMorgan vs. Truist
• Positive Sentiment: JPMorgan is expanding its customer and wealth-management footprint, including a new Chicago flagship combining Chase banking with J.P. Morgan Private Client services. The bank plans more than 160 new branches and nearly 600 renovations in 2026, supporting long-term deposit, lending and fee growth. JPMorganChase opens Chicago flagship
• Positive Sentiment: The bank continues developing growth initiatives across blockchain payments, housing finance and institutional lending. It is also reportedly part of a lending syndicate supporting Anthropic’s pre-IPO financing, which could provide investment-banking and financing fees, although the direct earnings impact is unclear. JPMorgan housing, bonds and blockchain expansion
• Neutral Sentiment: J.P. Morgan Life Sciences Private Capital appointed Bruce N. Rogers, Ph.D., as a venture partner. The move strengthens the asset-management unit’s investment expertise but is unlikely to materially affect near-term JPM earnings. J.P. Morgan Life Sciences Private Capital appointment
• Negative Sentiment: Jamie Dimon cautioned the U.K. government against imposing tougher bank taxes, warning that higher costs could reduce financial-sector employment and competitiveness. Similar policy pressure remains a regulatory risk for JPMorgan’s international operations. Dimon cautions against tougher UK bank taxes
• Negative Sentiment: JPMorgan strategists and executives warned of potential global food inflation and questioned whether parts of the artificial-intelligence investment boom resemble the excesses preceding the 2008 housing crash. These warnings could increase investor caution around inflation, credit and market valuations, though they are not direct indications of deterioration at JPMorgan. JPMorgan executive warns on AI boom

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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