JPMorgan Chase & Co. $JPM Stock Sold by Ninety One UK Ltd

Key Points

• Ninety One UK Ltd reduced its JPMorgan Chase stake by 4.5% in the third quarter, selling 94,469 shares and retaining 1.99 million shares worth approximately $659.2 million. JPMorgan represented about 1.5% of the firm’s portfolio.
• JPMorgan reported third-quarter earnings of $5.75 per share and revenue of $50.17 billion, missing analysts’ estimates of $5.94 and $51.23 billion, respectively. Despite the miss, revenue increased 8.1% year over year, and institutional investors held 71.55% of the stock.
• Shares traded at $339.49, while analysts maintained a broadly favorable outlook with a consensus “Moderate Buy” rating and a $365.45 price target. The company also raised its quarterly dividend to $1.65 per share, implying a 1.9% yield.

Ninety One UK Ltd decreased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 4.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,992,445 shares of the financial services provider's stock after selling 94,469 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.5% of Ninety One UK Ltd's holdings, making the stock its 15th largest position. Ninety One UK Ltd owned about 0.07% of JPMorgan Chase & Co. worth $659,161,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. MBM Wealth Consultants LLC acquired a new position in shares of JPMorgan Chase & Co. during the first quarter worth approximately $29,000. Horizons Wealth Management bought a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at approximately $31,000. Aventus Investment Advisors Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the second quarter worth $33,000. Osbon Capital Management LLC acquired a new stake in shares of JPMorgan Chase & Co. in the fourth quarter worth $35,000. Finally, Timbuktu Capital Management LLC bought a new position in JPMorgan Chase & Co. during the second quarter worth $50,000. Institutional investors own 71.55% of the company's stock.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan reported approximately $15.3 billion in third-quarter net income and added more than 650,000 net new checking accounts, highlighting continued customer and deposit growth. JPMorgan Chase: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts remain constructive: Royal Bank of Canada reiterated an Outperform rating, while Morgan Stanley and Robert W. Baird published bullish outlooks. Investors may view JPMorgan’s scale, profitability and balance-sheet strength as defensive advantages if economic conditions deteriorate. JPMorgan Earns Outperform Rating from Royal Bank of Canada
• Positive Sentiment: The bank’s decision to block unvetted third-party AI agents from customer accounts could reduce cybersecurity, fraud and operational risks, while its AI strategy continues to develop under tighter controls. Jamie Dimon Warns About AI Payment Agents
• Neutral Sentiment: Citigroup lowered its price target from $360 to $350 while maintaining a Neutral rating, suggesting limited near-term upside but no major deterioration in its view. Citigroup Lowers JPMorgan Price Target
• Neutral Sentiment: JPMorgan and Goldman Sachs increased the yield and improved terms on a $5 billion leveraged loan for Volta Infrastructure, indicating stronger investor compensation is needed for riskier AI-related debt. This may support fee activity but also underscores tighter credit-market conditions. JPMorgan and Goldman Boost Yield on Volta AI Loan
• Negative Sentiment: The third-quarter earnings release included an EPS miss, while revenue also came in below consensus estimates. The shortfall has raised questions about whether the stock’s recent gains already reflect much of its earnings strength. JPMorgan Misses Third Quarter Earnings
• Negative Sentiment: One Seeking Alpha analysis downgraded JPMorgan to Hold, citing leverage as a potential constraint on future earnings. CEO Jamie Dimon also warned that inflation, elevated asset prices, bond yields and the possibility of a market shock remain important risks. JPMorgan Leverage a Concern to Future Earnings

Analyst Upgrades and Downgrades

Several equities analysts recently commented on JPM shares. UBS Group cut their target price on shares of JPMorgan Chase & Co. from $400.00 to $395.00 and set a "buy" rating for the company in a research note on Monday, October 5th. Robert W. Baird raised their price target on shares of JPMorgan Chase & Co. from $305.00 to $312.00 and gave the stock a "neutral" rating in a research report on Wednesday. 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. Jefferies Financial Group restated a "neutral" rating on shares of JPMorgan Chase & Co. in a report on Friday, September 25th. Finally, TD Cowen started coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, October 8th. They set a "hold" rating and a $370.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $365.45.

Insider Buying and Selling

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

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock traded up $3.96 during mid-day trading on Friday, reaching $339.49. The stock had a trading volume of 8,413,461 shares, compared to its average volume of 8,676,750. The firm's 50 day simple moving average is $348.22 and its 200 day simple moving average is $330.24. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The firm has a market cap of $902.43 billion, a PE ratio of 14.24, a P/E/G ratio of 1.33 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($0.19). The firm had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. JPMorgan Chase & Co.'s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business posted $5.07 EPS. On average, analysts forecast that JPMorgan Chase & Co. will post 23.74 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be given a $1.65 dividend. This represents a $6.60 annualized dividend and a yield of 1.9%. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Tuesday, October 6th. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.68%.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.

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