Sawyer & Company Inc Acquires New Stake in JPMorgan Chase & Co. $JPM

Key Points

• Sawyer & Company acquired 14,254 JPMorgan shares in the third quarter, valued at approximately $4.7 million and representing 1.6% of its portfolio. Institutional investors collectively own 71.55% of JPMorgan’s stock.
• JPMorgan’s shares opened at $331.82, down 1.4%, with a market capitalization of about $882 billion. Analysts maintain a “Moderate Buy” consensus and an average price target of $368.10.
• The bank reported quarterly EPS of $5.75 and revenue of $50.17 billion, both below analyst expectations, although revenue rose 8.1% year over year. JPMorgan also increased its quarterly dividend to $1.65 per share, implying a 2.0% annual yield.

Sawyer & Company Inc bought a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,254 shares of the financial services provider's stock, valued at approximately $4,716,000. JPMorgan Chase & Co. comprises approximately 1.6% of Sawyer & Company Inc's portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JPM. MBM Wealth Consultants LLC acquired a new position in shares of JPMorgan Chase & Co. during the first quarter worth $29,000. Horizons Wealth Management purchased a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter valued at $31,000. Aventus Investment Advisors Inc. purchased a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter valued at $33,000. Timbuktu Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter valued at $50,000. Finally, NI Acquisitions Company LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter worth $51,000. Hedge funds and other institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Stock Down 1.4%

NYSE:JPM opened at $331.82 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50. The company has a market cap of $882.04 billion, a PE ratio of 13.92, a P/E/G ratio of 1.31 and a beta of 1.02. The company's 50 day moving average is $345.41 and its two-hundred day moving average is $331.70.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.94 by ($0.19). The company had revenue of $50.17 billion during the quarter, compared to analysts' expectations of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The company's quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $5.07 EPS. Analysts anticipate that JPMorgan Chase & Co. will post 23.97 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be issued a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost 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 is presently 27.68%.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Digital-assets expansion: J.P. Morgan Asset Management made its MONY and JLTXX tokenized money-market funds available on the Solana blockchain for qualified U.S. investors. The move broadens access to the bank’s onchain platform and could support new fee and asset-gathering opportunities. J.P. Morgan Asset Management Expands Access to Its Tokenized Money Market Funds on Solana
• Positive Sentiment: JPM Coin reaches Ethereum: JPMorgan extended its USD-backed deposit-token payment system to the Ethereum mainnet for institutional clients, enabling potentially faster, always-on settlement. The expansion reinforces JPM’s position in institutional blockchain infrastructure. JPMorgan Chase Takes JPM Coin to Ethereum
• Positive Sentiment: Higher earnings outlook: Erste Group raised its fiscal 2027 EPS estimate for JPM to $25.56 from $25.27, above the current consensus forecast of $23.99. The revision offers support for the long-term earnings story. JPMorgan EPS Estimate Update
• Neutral Sentiment: JPMorgan disclosed stakes exceeding 5% in Panoro Energy, Deep Value Driller and Hexagon Composites. These appear to be investment or custody-related holdings and are not expected to materially affect JPM’s operating results. JPMorgan Ownership Disclosures
• Neutral Sentiment: JPMorgan strategists said hedge-fund positioning has reset and that downside risk for equities may be limited. This could improve market sentiment, but it is not a direct change to JPM’s fundamentals. JPMorgan Strategist Market Outlook
• Negative Sentiment: Average credit-card delinquencies among major issuers, including JPMorgan, increased to 2.6% in September. Although net charge-offs declined, rising delinquency rates could raise concerns about consumer credit costs and future provisions. Credit Card Delinquencies Creep Up
• Negative Sentiment: The recent earnings miss remains an overhang: quarterly EPS of $5.75 fell short of the $5.94 consensus, while revenue also missed estimates. This may be offsetting optimism around digital assets and higher longer-term forecasts.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Morgan Stanley raised their price objective on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 14th. Robert W. Baird upped their target price on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the company a "neutral" rating in a research report on Wednesday, October 14th. The Goldman Sachs Group reiterated an "outperform" rating and issued a $392.00 price target on shares of JPMorgan Chase & Co. in a research note on Tuesday, October 13th. Keefe, Bruyette & Woods reissued an "outperform" rating on shares of JPMorgan Chase & Co. in a report on Wednesday, October 14th. Finally, Barclays raised their price target on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $368.10.

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the company's stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the transaction, the insider directly owned 71,047 shares of the company's stock, valued at $25,066,092.07. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by company insiders.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.

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