Nexus Investment Management ULC Has $61.01 Million Stake in JPMorgan Chase & Co. $JPM

Key Points

• Nexus Investment Management ULC trimmed its stake in JPMorgan Chase by 1.7% to 189,336 shares, leaving a $61.01 million position that represents about 8.3% of its portfolio and is its second-largest holding.
• Insider selling has been significant recently: COO Jennifer Piepszak sold 8,571 shares and CEO Troy L. Rohrbaugh sold 50,000 shares, with insiders disposing of 72,029 shares (~$22.2 million) over the last three months.
• JPMorgan beat quarterly EPS estimates ($5.23 vs. $4.93) and declared a quarterly dividend of $1.50 (annual $6.00, ~1.9% yield).

Nexus Investment Management ULC cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 189,336 shares of the financial services provider's stock after selling 3,343 shares during the quarter. JPMorgan Chase & Co. accounts for about 8.3% of Nexus Investment Management ULC's investment portfolio, making the stock its 2nd largest holding. Nexus Investment Management ULC's holdings in JPMorgan Chase & Co. were worth $61,008,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in JPM. Brighton Jones LLC grew its stake in shares of JPMorgan Chase & Co. by 11.0% in the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider's stock worth $11,682,000 after acquiring an additional 4,841 shares during the period. Acorns Advisers LLC grew its stake in shares of JPMorgan Chase & Co. by 6.9% in the first quarter. Acorns Advisers LLC now owns 1,547 shares of the financial services provider's stock worth $379,000 after acquiring an additional 100 shares during the period. Ignite Planners LLC grew its stake in shares of JPMorgan Chase & Co. by 0.7% in the second quarter. Ignite Planners LLC now owns 10,934 shares of the financial services provider's stock worth $3,185,000 after acquiring an additional 78 shares during the period. Jump Financial LLC bought a new stake in shares of JPMorgan Chase & Co. in the second quarter worth approximately $1,475,000. Finally, Betterment LLC grew its stake in shares of JPMorgan Chase & Co. by 27.5% in the second quarter. Betterment LLC now owns 1,970 shares of the financial services provider's stock worth $571,000 after acquiring an additional 425 shares during the period. 71.55% of the stock is currently owned by institutional investors.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 8,571 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $312.79, for a total transaction of $2,680,923.09. Following the transaction, the chief operating officer owned 71,027 shares of the company's stock, valued at $22,216,535.33. The trade was a 10.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Troy L. Rohrbaugh sold 50,000 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $307.11, for a total transaction of $15,355,500.00. Following the transaction, the chief executive officer directly owned 111,279 shares in the company, valued at $34,174,893.69. This represents a 31.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 72,029 shares of company stock valued at $22,195,693. 0.47% of the stock is currently owned by company insiders.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan rolled out a major community and lending push (the “American Dream” initiative) that ties branch expansion and targeted lending to long‑term growth — investors see this as a durable revenue and deposit-relationship play even if it raises near-term costs. JPMorgan Is Betting on the ‘American Dream’ with a New $1.5 Trillion Initiative. What Does That Really Mean?
• Positive Sentiment: JPMorgan strategists are publicly urging investors to “buy the dip,” signaling the firm’s positive macro view and supporting risk appetite across US equities — this note likely lifted sentiment in banking stocks and helped JPM shares. Another V-shaped rebound ahead? JPM says buy the dip in stocks
• Positive Sentiment: JPMorgan is collecting fees and relationship business as arranger/agent on corporate credit deals (e.g., Chemed’s $450M facility), which supports non‑interest income streams. Chemed Corporation Announces a Five-Year $450 Million Amended and Restated Credit Agreement
• Neutral Sentiment: JPMorgan is heading into Q1 earnings (reporting April 14) with traders pricing in a multi‑percent move; prior beats give confidence but results will be a near‑term volatility catalyst. Here's How Much JPMorgan Chase Stock Is Expected to Move After Earnings
• Neutral Sentiment: JPMorgan and affiliates disclosed reductions/exits from substantial‑holder positions in a few Australian-listed names (Lynas, Nanosonics) — portfolio/housekeeping moves that are not material to JPM’s core franchise but are being reported. JPMorgan Group Drops Below Substantial Holding in Lynas Rare Earths
• Neutral Sentiment: Market commentators and outlets are comparing JPM to peers (MS, GS) ahead of bank reporting — useful framing but not a direct driver unless JPM’s results deviate. JPM or MS: Which Stock Looks More Compelling Ahead of Q1 Earnings?
• Negative Sentiment: JPMorgan analysts warn that crude oil topping $104 could push fuel/gas prices sharply higher, a development that risks consumer strain and credit deterioration if sustained. This macro risk is a potential headwind for bank loan performance. Fuel Costs Poised for Sharp Increase as Crude Crosses $104 Mark
• Negative Sentiment: CEO Jamie Dimon has emphasized risks ahead of earnings, a cautious tone that can temper upside if management flags higher loan-loss provisioning or softer consumer trends. JPMorgan CEO Jamie Dimon Weighs Risks Ahead Of Earnings

JPMorgan Chase & Co. Price Performance

Shares of NYSE:JPM opened at $313.30 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.85 and a quick ratio of 0.85. JPMorgan Chase & Co. has a 1-year low of $226.34 and a 1-year high of $337.25. The company has a market capitalization of $840.34 billion, a P/E ratio of 15.66, a P/E/G ratio of 1.54 and a beta of 1.05. The firm's 50 day simple moving average is $299.20 and its two-hundred day simple moving average is $306.81.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share for the quarter, beating the consensus estimate of $4.93 by $0.30. JPMorgan Chase & Co. had a net margin of 20.35% and a return on equity of 17.16%. The business had revenue of $45.80 billion for the quarter, compared to the consensus estimate of $45.98 billion. During the same quarter in the previous year, the firm earned $4.81 earnings per share. The company's revenue for the quarter was up 7.1% on a year-over-year basis. Research analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Monday, April 6th will be issued a dividend of $1.50 per share. The ex-dividend date of this dividend is Monday, April 6th. This represents a $6.00 annualized dividend and a yield of 1.9%. JPMorgan Chase & Co.'s payout ratio is currently 29.99%.

Analysts Set New Price Targets

JPM has been the subject of a number of research analyst reports. Evercore reduced their price target on shares of JPMorgan Chase & Co. from $350.00 to $320.00 and set an "outperform" rating for the company in a research note on Monday, April 6th. Truist Financial reduced their price target on shares of JPMorgan Chase & Co. from $334.00 to $330.00 in a research note on Wednesday, February 25th. Barclays reissued a "buy" rating on shares of JPMorgan Chase & Co. in a report on Wednesday, April 1st. Weiss Ratings reissued a "buy (b+)" rating on shares of JPMorgan Chase & Co. in a report on Monday, December 22nd. Finally, Piper Sandler reissued an "overweight" rating and issued a $325.00 price objective (down from $345.00) on shares of JPMorgan Chase & Co. in a report on Monday, March 30th. Fourteen analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat, JPMorgan Chase & Co. has an average rating of "Hold" and a consensus target price of $333.17.

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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