Sen. Angus S. King Jr. Buys JPMorgan Chase & Co. (NYSE:JPM) Stock

Key Points

• Senator Angus S. King Jr. purchased between $1,001 and $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on July 21st, as disclosed in a filing on August 18th.
• JPMorgan Chase recently reported $4.96 earnings per share, surpassing analyst expectations, but showed a 10.5% decline in quarterly revenue compared to the same period last year.
• The stock is currently rated a Moderate Buy by analysts, with an average target price of $288.68.

Senator Angus S. King Jr. (I-Maine) recently bought shares of JPMorgan Chase & Co. NYSE: JPM. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in JPMorgan Chase & Co. stock on July 21st.

Senator Angus S. King Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Kirby NYSE: KEX on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.

JPMorgan Chase & Co. Trading Down 0.4%

Shares of JPM stock opened at $291.0580 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.25. JPMorgan Chase & Co. has a 12-month low of $200.61 and a 12-month high of $301.29. The stock has a market capitalization of $800.34 billion, a P/E ratio of 14.93, a P/E/G ratio of 1.94 and a beta of 1.11. The firm's 50 day moving average is $288.29 and its 200 day moving average is $264.27.

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

Insider Transactions 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 value 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.47% of the company's stock.

Hedge Funds Weigh In On JPMorgan Chase & Co.

Several large investors have recently added to or reduced their stakes in JPM. Harbor Asset Planning Inc. purchased a new stake in JPMorgan Chase & Co. in the 2nd quarter worth $26,000. Mizuho Securities Co. Ltd. lifted its position in shares of JPMorgan Chase & Co. by 450.0% in the second quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider's stock valued at $32,000 after acquiring an additional 90 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of JPMorgan Chase & Co. in the first quarter worth about $28,000. University of Illinois Foundation bought a new position in shares of JPMorgan Chase & Co. in the first quarter worth about $30,000. Finally, Ryan Investment Management Inc. purchased a new stake in shares of JPMorgan Chase & Co. during the second quarter worth about $37,000. Hedge funds and other institutional investors own 71.55% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on JPM shares. Phillip Securities lowered JPMorgan Chase & Co. from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 16th. Morgan Stanley boosted their price target on JPMorgan Chase & Co. from $296.00 to $298.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. TD Securities reaffirmed a "buy" rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, June 4th. Wall Street Zen upgraded shares of JPMorgan Chase & Co. from a "sell" rating to a "hold" rating in a research note on Wednesday, May 14th. Finally, Royal Bank Of Canada set a $305.00 price objective on shares of JPMorgan Chase & Co. and gave the stock an "outperform" rating in a report on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of "Moderate Buy" and an average target price of $288.68.

About Senator King

Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031. King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.

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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