TD Waterhouse Canada Inc. Has $315.23 Million Position in JPMorgan Chase & Co. $JPM

Key Points

• TD Waterhouse Canada Inc. trimmed its stake in JPMorgan Chase by 1.9% to 977,951 shares worth $315.23 million, making JPM its 7th-largest holding and about 2.0% of the fund's portfolio.
• JPMorgan topped the quarter's expectations with $5.94 EPS (vs. $5.50 est.) and $50.54B revenue, and declared a quarterly dividend of $1.50 (annualized $6.00, ~1.9% yield).
• Analyst views are mixed—15 Buys and 15 Holds—with a MarketBeat average target of $336.16 and recent price-target movements in the roughly $324–$355 range.

TD Waterhouse Canada Inc. lowered its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 977,951 shares of the financial services provider's stock after selling 18,822 shares during the quarter. JPMorgan Chase & Co. accounts for about 2.0% of TD Waterhouse Canada Inc.'s investment portfolio, making the stock its 7th biggest holding. TD Waterhouse Canada Inc.'s holdings in JPMorgan Chase & Co. were worth $315,233,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of JPM. Legal & General Group Plc grew its stake in shares of JPMorgan Chase & Co. by 3.3% in the third quarter. Legal & General Group Plc now owns 18,908,978 shares of the financial services provider's stock worth $5,964,459,000 after acquiring an additional 607,025 shares during the period. Fisher Asset Management LLC lifted its position in JPMorgan Chase & Co. by 2.3% during the third quarter. Fisher Asset Management LLC now owns 15,722,443 shares of the financial services provider's stock valued at $4,959,330,000 after purchasing an additional 347,033 shares during the period. Invesco Ltd. lifted its position in JPMorgan Chase & Co. by 2.3% during the third quarter. Invesco Ltd. now owns 14,655,153 shares of the financial services provider's stock valued at $4,622,675,000 after purchasing an additional 322,735 shares during the period. Boston Partners boosted its holdings in JPMorgan Chase & Co. by 2.3% in the third quarter. Boston Partners now owns 7,492,763 shares of the financial services provider's stock worth $2,360,045,000 after purchasing an additional 168,184 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in JPMorgan Chase & Co. by 0.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,809,417 shares of the financial services provider's stock worth $2,147,894,000 after purchasing an additional 31,421 shares during the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JPM has been the subject of a number of research reports. Freedom Capital upgraded shares of JPMorgan Chase & Co. to a "hold" rating in a research note on Wednesday, January 14th. Autonomous Res dropped their price target on JPMorgan Chase & Co. from $360.00 to $324.00 and set a "neutral" rating on the stock in a research note on Monday, April 6th. CICC Research began coverage on JPMorgan Chase & Co. in a report on Wednesday, January 14th. They issued an "outperform" rating and a $355.00 price objective for the company. Zacks Research cut JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 8th. Finally, Evercore increased their target price on JPMorgan Chase & Co. from $320.00 to $340.00 and gave the company an "outperform" rating in a report on Friday, April 17th. Fifteen analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company's stock. According to MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of "Moderate Buy" and an average target price of $336.16.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 433 shares of the company's stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $295.06, for a total value of $127,760.98. Following the completion of the sale, the insider owned 64,920 shares in the company, valued at $19,155,295.20. This represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Jeremy Barnum sold 5,611 shares of the firm's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $306.55, for a total value of $1,720,052.05. Following the completion of the transaction, the chief financial officer directly owned 35,460 shares in the company, valued at $10,870,263. This trade represents a 13.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,908 shares of company stock valued at $22,065,882 in the last ninety days. 0.41% of the stock is currently owned by company insiders.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Large capital returns and share repurchases remain a tailwind — JPMorgan has been a heavy buyback spender (roughly $27.6B in the prior 12 months) and recently expanded repurchase capacity, supporting EPS and shareholder returns. 5 Stocks with the Biggest Share Buybacks
• Positive Sentiment: Analyst/upside revision to JPM’s own forecast — Erste Group raised its FY2026 EPS estimate for JPMorgan, which signals positive earnings visibility versus Street consensus. Erste Group raises FY2026 EPS estimate
• Positive Sentiment: Large tech & AI investment to boost productivity and future revenue — JPMorgan’s CIO is implementing a $19.8B annual tech/AI budget to reshape workflows across advisory, wealth and engineering teams, which can improve margins and competitive positioning over time. How JPMorgan’s CIO is reshaping work
• Positive Sentiment: Brand and fee-opportunity boost from Olympic partnership — JPMorgan was named a global banking partner for the LA28 Olympics and future Games, a reputational and client-fee opportunity. JPMorgan to become global partner of 2028 Olympics
• Neutral Sentiment: Executive commentary and culture notes are headline-grabbing but not directly market-moving — Jamie Dimon’s remarks on bureaucracy and meeting efficiency highlight management approach but have limited immediate financial impact. Jamie Dimon on bureaucracy
• Neutral Sentiment: Business reorganization: new leaders for biopharma & life-sciences banking — operationally relevant but incremental for near-term stock moves. JPMorgan names new leaders for biopharma banking
• Negative Sentiment: CEO warnings about a potential global bond crisis and a tougher private‑credit downturn are stoking investor fear — Jamie Dimon’s repeated public cautions raise uncertainty about future credit losses and flow of investor capital out of equities. Jamie Dimon warns of 'bond crisis'
• Negative Sentiment: Rising Treasury yields and Fed dissent risk increase funding/market volatility — a Bloomberg report shows two‑year yields jumped on bets for tighter policy, which can pressure trading revenues and create mark‑to‑market volatility. Treasuries slump as Fed dissents spur wagers
• Negative Sentiment: Global FX and geopolitical risk: a weak yen and heightened market uncertainty could prompt risk-off flows — FX stress and geopolitical jitters increase volatility across JPM’s markets and capital-markets businesses. Yen falls below 160 per dollar

JPMorgan Chase & Co. Stock Down 0.7%

JPM opened at $309.21 on Thursday. The firm's 50 day simple moving average is $299.07 and its two-hundred day simple moving average is $306.98. The company has a market capitalization of $829.36 billion, a PE ratio of 14.81, a PEG ratio of 1.52 and a beta of 1.05. JPMorgan Chase & Co. has a 1-year low of $238.43 and a 1-year high of $337.25. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.50 by $0.44. The firm had revenue of $50.54 billion during the quarter, compared to the consensus estimate of $48.30 billion. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.07 EPS. As a group, equities analysts forecast that JPMorgan Chase & Co. will post 22.34 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The business 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. This represents a $6.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, April 6th. JPMorgan Chase & Co.'s payout ratio is currently 28.74%.

About JPMorgan Chase & Co.

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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