JPMorgan Chase & Co. (NYSE:JPM) Stock Unloaded Rep. Ritchie Torres

Key Points

• Representative Ritchie Torres sold between $1,001 and $15,000 worth of JPMorgan Chase & Co. shares on July 11th, which is part of a series of stock transactions reported recently.
• JPMorgan Chase & Co. reported a quarterly EPS of $4.96, exceeding analysts' expectations of $4.48, with a revenue of $44.91 billion compared to the expected $43.76 billion.
• Bank of America raised its price target for JPMorgan Chase & Co. shares from $330.00 to $340.00, maintaining a "buy" rating amidst a general trend of majority positive analyst ratings.

Representative Ritchie Torres (D-New York) recently sold shares of JPMorgan Chase & Co. NYSE: JPM. In a filing disclosed on August 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in JPMorgan Chase & Co. stock on July 11th.

Representative Ritchie Torres also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Equity Lifestyle Properties NYSE: ELS on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Northrop Grumman NYSE: NOC on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Emerson Electric NYSE: EMR on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 7/11/2025.
• Sold $1,001 - $15,000 in shares of MetLife NYSE: MET on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Oracle NYSE: ORCL on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Equity Residential NYSE: EQR on 7/11/2025.
• Sold $1,001 - $15,000 in shares of McKesson NYSE: MCK on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Ares Management NYSE: ARES on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Otis Worldwide NYSE: OTIS on 7/11/2025.

JPMorgan Chase & Co. Price Performance

NYSE:JPM traded up $4.5220 during trading hours on Friday, reaching $295.9920. 8,550,662 shares of the company traded hands, compared to its average volume of 9,834,084. The firm's 50-day moving average is $288.29 and its 200-day moving average is $264.27. The stock has a market cap of $813.90 billion, a P/E ratio of 15.19, a P/E/G ratio of 1.94 and a beta of 1.11. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.88 and a quick ratio of 0.88. JPMorgan Chase & Co. has a 1-year low of $200.61 and a 1-year high of $301.29.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings results on Tuesday, July 15th. The financial services provider reported $4.96 earnings per share for the quarter, topping analysts' consensus estimates of $4.48 by $0.48. The company had revenue of $44.91 billion during the quarter, compared to analysts' expectations of $43.76 billion. JPMorgan Chase & Co. had a return on equity of 16.93% and a net margin of 20.52%.The business's revenue for the quarter was down 10.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.12 earnings per share. Equities research analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on JPM shares. Bank of America upped their target price on shares of JPMorgan Chase & Co. from $330.00 to $340.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Wells Fargo & Company upped their price objective on shares of JPMorgan Chase & Co. from $320.00 to $325.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Phillip Securities lowered shares of JPMorgan Chase & Co. from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, July 16th. TD Cowen initiated coverage on JPMorgan Chase & Co. in a report on Thursday, May 15th. They issued a "buy" rating and a $305.00 price target for the company. Finally, Citigroup set a $275.00 price target on JPMorgan Chase & Co. and gave the stock a "buy" rating in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, JPMorgan Chase & Co. currently has an average rating of "Moderate Buy" and an average target price of $288.68.

Hedge Funds Weigh In On JPMorgan Chase & Co.

Hedge funds and other institutional investors have recently modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its holdings in shares of JPMorgan Chase & Co. by 609,867.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 72,897,211 shares of the financial services provider's stock valued at $21,133,630,000 after acquiring an additional 72,885,260 shares in the last quarter. Geode Capital Management LLC increased its holdings in JPMorgan Chase & Co. by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 61,129,271 shares of the financial services provider's stock valued at $17,646,506,000 after purchasing an additional 300,160 shares in the last quarter. Norges Bank purchased a new position in JPMorgan Chase & Co. in the second quarter valued at about $10,295,209,000. Northern Trust Corp lifted its stake in shares of JPMorgan Chase & Co. by 15.4% during the fourth quarter. Northern Trust Corp now owns 33,845,676 shares of the financial services provider's stock worth $8,113,147,000 after purchasing an additional 4,515,147 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of JPMorgan Chase & Co. by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 24,801,153 shares of the financial services provider's stock worth $6,083,723,000 after buying an additional 454,226 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

Insider Activity at JPMorgan Chase & Co.

In related news, COO Jennifer Piepszak sold 6,128 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $262.47, for a total transaction of $1,608,416.16. Following the transaction, the chief operating officer directly owned 62,455 shares of the company's stock, valued at approximately $16,392,563.85. The trade was a 8.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.47% of the company's stock.

About Representative Torres

Ritchie Torres (Democratic Party) is a member of the U.S. House, representing New York's 15th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Torres (Democratic Party) ran for re-election to the U.S. House to represent New York's 15th Congressional District. He won in the general election on November 5, 2024. Ritchie Torres lives in the Bronx, New York.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

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