Quintet Private Bank Europe S.A. Decreases Stake in JPMorgan Chase & Co. $JPM

Key Points

• Quintet Private Bank Europe trimmed its stake in JPMorgan by 4.1% in Q4, selling 12,068 shares and now holding 280,563 shares worth about $90.4 million, which represents roughly 5.3% of its portfolio and is its fourth-largest position.
• Insiders have been net sellers: CFO Jeremy Barnum and COO Jennifer Piepszak recently sold shares, and insiders disposed of 72,029 shares (≈$22.2M) in the last 90 days, leaving corporate insiders with about 0.47% ownership.
• Company and market outlook: JPMorgan posted Q (EPS $5.23 vs. $4.93 consensus) and revenue of $45.8B, declared a $1.50 quarterly dividend ($6.00 annual, 1.9% yield), and carries a consensus analyst target of $333.17 amid mixed near-term catalysts.

Quintet Private Bank Europe S.A. trimmed its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 280,563 shares of the financial services provider's stock after selling 12,068 shares during the quarter. JPMorgan Chase & Co. accounts for about 5.3% of Quintet Private Bank Europe S.A.'s portfolio, making the stock its 4th largest position. Quintet Private Bank Europe S.A.'s holdings in JPMorgan Chase & Co. were worth $90,403,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Roxbury Financial LLC raised its holdings in JPMorgan Chase & Co. by 0.4% during the fourth quarter. Roxbury Financial LLC now owns 8,011 shares of the financial services provider's stock worth $2,581,000 after buying an additional 31 shares during the last quarter. Collective Family Office LLC raised its holdings in JPMorgan Chase & Co. by 1.0% during the fourth quarter. Collective Family Office LLC now owns 3,339 shares of the financial services provider's stock worth $1,076,000 after buying an additional 32 shares during the last quarter. Peterson Wealth Advisors LLC raised its holdings in JPMorgan Chase & Co. by 1.6% during the third quarter. Peterson Wealth Advisors LLC now owns 2,063 shares of the financial services provider's stock worth $635,000 after buying an additional 33 shares during the last quarter. Rialto Wealth Management LLC raised its holdings in JPMorgan Chase & Co. by 3.6% during the third quarter. Rialto Wealth Management LLC now owns 962 shares of the financial services provider's stock worth $304,000 after buying an additional 33 shares during the last quarter. Finally, Essential Planning LLC. raised its holdings in JPMorgan Chase & Co. by 2.4% during the fourth quarter. Essential Planning LLC. now owns 1,399 shares of the financial services provider's stock worth $451,000 after buying an additional 33 shares during the last quarter. 71.55% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, CFO Jeremy Barnum sold 2,892 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $306.42, for a total value of $886,166.64. Following the completion of the sale, the chief financial officer directly owned 23,804 shares of the company's stock, valued at approximately $7,294,021.68. This represents a 10.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Jennifer Piepszak sold 8,571 shares of the company's stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $312.79, for a total transaction of $2,680,923.09. Following the completion of the sale, the chief operating officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 72,029 shares of company stock worth $22,195,693 in the last ninety days. 0.47% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: Geo-political ceasefire eased oil and rate-hike worries, pushing global bond yields lower — a tailwind for banks’ trading and market businesses and lowering recession/rate-risk premium. Global Bonds Jump as Ceasefire Sows Doubts Over Steep Rate Hikes
• Positive Sentiment: Analysts are updating forecasts ahead of Q1 — several accurate forecasters nudged estimates higher and highlighted JPMorgan’s strong mix (wealth, payments, card partnerships) as supportive of an earnings beat. JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Positive Sentiment: Product/technology initiatives — JPM Coin pilots in Argentina and Jamie Dimon’s push to roll out blockchain/internal token infrastructure and embrace Solana point to potential efficiency gains and new institutional product revenue. Argentine banks testing JPMorgan’s JPM Coin to speed up settlements: Report
• Neutral Sentiment: Q1 earnings preview — JPMorgan reports April 14; street expectations (consensus EPS/revenue) leave scope for volatility depending on net interest income trajectory, trading revenue and credit costs. The upcoming print is the main near-term catalyst. JPMorgan Chase & Co. (JPM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
• Negative Sentiment: Some sell-side shops are more cautious: Piper Sandler and other analysts have trimmed targets or warned on weaker near-term earnings forecasts, which can cap upside if guidance is soft. Piper Sandler Remains Cautious on JPMorgan (JPM) Amid Weaker Earnings Forecasts
• Negative Sentiment: CEO Jamie Dimon’s shareholder letter flagged risks — private-credit vulnerabilities and the potential for renewed inflation if Middle East tensions flare — reminders that upside from the ceasefire is conditional and that higher oil/inflation would be a headwind. Jamie Dimon: Iran war could reignite inflation and keep Fed rates higher for longer

JPMorgan Chase & Co. Trading Up 3.6%

Shares of JPM stock opened at $308.16 on Thursday. JPMorgan Chase & Co. has a 52-week low of $211.00 and a 52-week high of $337.25. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.85 and a current ratio of 0.85. The company has a 50-day simple moving average of $298.92 and a two-hundred day simple moving average of $306.89. The company has a market capitalization of $831.12 billion, a price-to-earnings ratio of 15.40, a PEG ratio of 1.41 and a beta of 1.05.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $45.98 billion. During the same period in the prior year, the firm posted $4.81 EPS. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. Research analysts anticipate that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. CICC Research assumed coverage on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. They set an "outperform" rating and a $355.00 price objective on the stock. Wall Street Zen upgraded shares of JPMorgan Chase & Co. from a "sell" rating to a "hold" rating in a report on Sunday, January 18th. DZ Bank restated a "neutral" rating on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. Weiss Ratings restated a "buy (b+)" rating on shares of JPMorgan Chase & Co. in a report on Monday, December 22nd. Finally, Wells Fargo & Company lowered their price objective on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set an "overweight" rating on the stock in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $333.17.

JPMorgan Chase & Co. Company 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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