Old Mission Investment Co LLC Makes New $4.82 Million Investment in JPMorgan Chase & Co. $JPM

Key Points

• Old Mission Investment Co. LLC acquired 14,728 JPMorgan shares worth approximately $4.82 million in the second quarter, making JPM about 1% of its portfolio; institutional investors collectively own 71.55% of the stock.
• JPMorgan reported quarterly EPS of $6.14, beating expectations of $5.59, while revenue rose 27.7% year over year to $58.02 billion. The company also raised its quarterly dividend to $1.65 per share, a 10% increase.
• JPM shares opened at $336.92, below the analyst consensus target of $363.29, with analysts maintaining a “Moderate Buy” consensus. Recent targets range from $352 to $420, although the stock has faced recent underperformance and broader technology-related risks.

Old Mission Investment Co LLC bought a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,728 shares of the financial services provider's stock, valued at approximately $4,821,000. JPMorgan Chase & Co. makes up approximately 1.0% of Old Mission Investment Co LLC's holdings, making the stock its 22nd largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in JPM. MBM Wealth Consultants LLC bought a new position in JPMorgan Chase & Co. in the 1st quarter worth $29,000. Aventus Investment Advisors Inc. bought a new stake in JPMorgan Chase & Co. during the second quarter valued at about $33,000. Osbon Capital Management LLC bought a new stake in JPMorgan Chase & Co. during the fourth quarter valued at about $35,000. Timbuktu Capital Management LLC acquired a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at about $50,000. Finally, Montgomery Financial Services LLC acquired a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at about $62,000. Institutional investors and hedge funds own 71.55% of the company's stock.

JPMorgan Chase & Co. Stock Down 1.8%

NYSE:JPM opened at $336.92 on Tuesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $895.59 billion, a price-to-earnings ratio of 14.44, a P/E/G ratio of 1.41 and a beta of 0.98. The stock's fifty day moving average price is $353.72 and its two-hundred day moving average price is $326.05. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company had revenue of $58.02 billion during the quarter, compared to analysts' expectations of $50.72 billion. During the same quarter in the previous year, the company posted $4.96 EPS. The business's revenue for the quarter was up 27.7% compared to the same quarter last year. On average, analysts anticipate that JPMorgan Chase & Co. will post 24.3 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. Shareholders of record on Tuesday, October 6th will be issued a dividend of $1.65 per share. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. JPMorgan Chase & Co.'s dividend payout ratio is currently 25.71%.

JPMorgan Chase & Co. News Summary

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

• Positive Sentiment: HSBC raised its JPMorgan price target to $377 from $369 while maintaining a Hold rating, implying potential upside from the current level. HSBC Adjusts Price Target on JPMorgan Chase
• Positive Sentiment: JPMorgan Asset Management is planning a $20 billion partnership with Qatar Investment Authority, including management of approximately $15 billion by JPMorgan. The agreement could strengthen the bank’s global asset-management franchise and generate longer-term fee revenue. JPMorgan’s QIA Partnership
• Positive Sentiment: JPMorgan strategists said the technology sell-off has run its course in many areas and identified several large technology stocks as attractively valued. This could support investment-banking, markets, and asset-management activity if technology sentiment improves. JPMorgan Technology Strategy
• Neutral Sentiment: JPMorgan is reportedly considering a roughly $3.8 billion construction loan for an Extell condominium tower. The potential transaction would be sizable, but it also exposes the bank to commercial real-estate and project-specific credit risk. JPMorgan Extell Construction Loan
• Negative Sentiment: JPMorgan’s shares underperformed the broader market during the latest session, reflecting investor caution despite the higher HSBC target. Commentary also highlighted risks that agentic artificial intelligence could weaken banks’ control over valuable customer traffic and financial-service distribution. Why JPMorgan Dipped More Than the Broader Market

Insider Activity at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the firm's stock in a transaction dated Thursday, September 10th. The stock was 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 in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on JPM shares. Royal Bank Of Canada raised their price objective on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 15th. Bank of America increased their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, July 16th. Citigroup raised their price target on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a "neutral" rating in a research report on Monday, July 20th. Barclays boosted their price objective on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. Finally, Truist Financial upped their price objective on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a "hold" rating in a research report on Wednesday, July 15th. Sixteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $363.29.

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, 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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