Russell Investments Group Ltd. Grows Stock Position in JPMorgan Chase & Co. $JPM

Key Points

• Russell Investments increased its JPMorgan Chase position by 5.2% in the second quarter, adding 116,479 shares to reach 2.36 million shares valued at approximately $773.8 million.
• JPMorgan reported strong quarterly results, with EPS of $6.14 and revenue of $58.02 billion, surpassing analyst expectations. Institutional investors collectively own 71.55% of the company.
• Analyst sentiment remains favorable, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $359.96 versus its $353.38 opening price.

Russell Investments Group Ltd. lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,360,586 shares of the financial services provider's stock after purchasing an additional 116,479 shares during the period. JPMorgan Chase & Co. comprises approximately 0.7% of Russell Investments Group Ltd.'s holdings, making the stock its 18th biggest position. Russell Investments Group Ltd. owned approximately 0.09% of JPMorgan Chase & Co. worth $773,831,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stoneridge Investment Partners LLC increased its position in JPMorgan Chase & Co. by 185.1% in the second quarter. Stoneridge Investment Partners LLC now owns 6,027 shares of the financial services provider's stock worth $2,120,000 after buying an additional 3,913 shares in the last quarter. TFR Capital LLC. lifted its position in shares of JPMorgan Chase & Co. by 14.1% during the 2nd quarter. TFR Capital LLC. now owns 14,795 shares of the financial services provider's stock valued at $4,843,000 after buying an additional 1,830 shares in the last quarter. One Wealth Advisors LLC grew its stake in shares of JPMorgan Chase & Co. by 2.5% during the 2nd quarter. One Wealth Advisors LLC now owns 8,131 shares of the financial services provider's stock valued at $2,661,000 after acquiring an additional 196 shares during the period. Maridea Wealth Management LLC grew its stake in shares of JPMorgan Chase & Co. by 79.5% during the 2nd quarter. Maridea Wealth Management LLC now owns 4,579 shares of the financial services provider's stock valued at $1,499,000 after acquiring an additional 2,028 shares during the period. Finally, Pegasus Asset Management Inc. increased its holdings in JPMorgan Chase & Co. by 0.4% in the 2nd quarter. Pegasus Asset Management Inc. now owns 34,142 shares of the financial services provider's stock worth $11,176,000 after acquiring an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: JPMorgan’s strong earnings and capital-return profile remain key supports. Recent coverage highlighted approximately $16.9 billion in quarterly profit and noted that dividends consume only a portion of earnings, suggesting substantial capacity for reinvestment, buybacks and future distributions. JPMorgan Earnings and Dividend Coverage
• Positive Sentiment: The bank is expanding its European corporate-banking footprint, including a reported 25% staffing increase and a launch in Greece. The initiatives could broaden fee revenue and deepen relationships with multinational clients, although the financial impact is expected to build gradually. JPMorgan European Hiring Expansion
• Positive Sentiment: Analyst and market commentary continues to identify JPMorgan as a relatively attractive, well-capitalized bank with exposure to higher interest rates, investment banking and asset management. Its roughly $1 trillion market-cap milestone reinforces its scale and leadership, though valuation expectations are increasingly tied to CEO Jamie Dimon’s continued execution. JPMorgan $1 Trillion Bank Commentary
• Neutral Sentiment: Insider Robin Leopold sold 2,500 shares for approximately $882,000 under a pre-arranged Rule 10b5-1 plan. The sale reduced her direct holdings by 3.4%, but its planned nature makes it a limited signal about management’s outlook. JPMorgan Insider Transaction
• Negative Sentiment: JPMorgan is among the financial institutions facing heightened scrutiny in India over alleged market manipulation involving affiliated entities. Although trading restrictions were eased after funds deposited alleged gains, investigations and compliance concerns remain an overhang. India Lifts Ban on JPMorgan Unit
• Negative Sentiment: The bank’s decision to contest pressure from the Trump administration could preserve independence but also creates potential litigation, regulatory and political costs. Investors may apply a modest risk discount until the disputes are resolved. JPMorgan and Capital One Political Disputes

Insider Activity at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the sale, the general counsel owned 40,961 shares in the company, valued at $13,547,031.53. This trade represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the business's stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the transaction, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 10,467 shares of company stock worth $3,593,651. Company insiders own 0.41% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on JPM. UBS Group raised their target price on shares of JPMorgan Chase & Co. from $384.00 to $400.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of JPMorgan Chase & Co. from a "buy (b)" rating to a "buy (b+)" rating in a research report on Wednesday, September 2nd. Evercore restated an "outperform" rating and set a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Zacks Research upgraded shares of JPMorgan Chase & Co. from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Finally, Citigroup lifted their target price on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a "neutral" rating in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $359.96.

JPMorgan Chase & Co. Stock Down 0.4%

Shares of JPM opened at $353.38 on Friday. The business's 50 day moving average is $351.80 and its 200 day moving average is $321.87. The company has a market capitalization of $939.34 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 1.46 and a beta of 0.98. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $58.02 billion for the quarter, compared to analysts' expectations of $50.72 billion. During the same period in the previous year, the firm earned $4.96 EPS. The firm's revenue was up 27.7% compared to the same quarter last year. Research analysts expect that JPMorgan Chase & Co. will post 24.29 earnings per share for the current fiscal year.

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, lending, payments, investment banking, asset management and wealth management services to consumers, businesses, institutional clients and governments.

The company operates through four primary business areas: Consumer & Community Banking; Commercial & Investment Banking; Asset & Wealth Management; and Corporate. Its offerings include deposit accounts, credit cards, mortgages, auto loans, business banking, commercial lending, treasury services, investment banking, securities trading, investment management and private banking.

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

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