Armstrong Fleming & Moore Inc Has $2.80 Million Stock Position in JPMorgan Chase & Co. $JPM

Armstrong Fleming & Moore Inc cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 14.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,886 shares of the financial services provider’s stock after selling 1,531 shares during the period. JPMorgan Chase & Co. accounts for 1.3% of Armstrong Fleming & Moore Inc’s portfolio, making the stock its 13th biggest position. Armstrong Fleming & Moore Inc’s holdings in JPMorgan Chase & Co. were worth $2,803,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sax Wealth Advisors LLC boosted its stake in shares of JPMorgan Chase & Co. by 2.3% in the 3rd quarter. Sax Wealth Advisors LLC now owns 21,214 shares of the financial services provider’s stock valued at $6,692,000 after purchasing an additional 485 shares during the last quarter. Lewis Asset Management LLC boosted its position in JPMorgan Chase & Co. by 24.4% during the third quarter. Lewis Asset Management LLC now owns 3,563 shares of the financial services provider’s stock valued at $1,124,000 after acquiring an additional 698 shares during the last quarter. Ascent Group LLC grew its holdings in JPMorgan Chase & Co. by 0.6% during the 3rd quarter. Ascent Group LLC now owns 81,249 shares of the financial services provider’s stock worth $25,629,000 after acquiring an additional 478 shares during the period. McGlone Suttner Wealth Management Inc. raised its position in shares of JPMorgan Chase & Co. by 2.2% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 10,836 shares of the financial services provider’s stock worth $3,418,000 after acquiring an additional 231 shares in the last quarter. Finally, Baron Wealth Management LLC raised its position in shares of JPMorgan Chase & Co. by 2.8% in the 3rd quarter. Baron Wealth Management LLC now owns 6,326 shares of the financial services provider’s stock worth $1,996,000 after acquiring an additional 172 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: Multiple analysts raised price targets and kept bullish ratings (Goldman Sachs raised PT to $386, Daiwa and Wells Fargo also lifted targets), supporting upside expectations for the stock. Goldman Sachs raises PT
• Positive Sentiment: JPM launched a new “Special Advisory Services” unit to monetize proprietary expertise (AI, cybersecurity, M&A advisory), which can expand fee income and deepen client relationships. JPMorgan forms special advisory group
• Positive Sentiment: Commercial lending activity: JPM provided a $100M facility to Equify Financial, demonstrating growth in middle‑market lending and fee/interest opportunities. Equify facility with JPM
• Positive Sentiment: Large unusual options flow: traders bought ~264,572 call options on JPM, a >300% jump versus average—short‑term bullish positioning that can amplify intraday upside. (data report)
• Positive Sentiment: Momentum: coverage noting JPM stock reached record highs and the firm sits in the >$900B market‑cap club, helping sentiment and index/ETF flows. JPM hits all-time high
• Neutral Sentiment: Wall Street expects earnings growth next week; that raises the chance of a beat but also sets expectations that could increase volatility around the print. Earnings preview
• Positive Sentiment: Corporate citizenship and disaster response: JPM committed philanthropic support (~$9M) for LA wildfire recovery and is working with clients on relief — helps reputation and customer retention in a key market. JPM philanthropic wildfire support
• Negative Sentiment: Regulatory/credit exposure: JPM and peers extended mortgage forbearance for LA wildfire victims under state emergency rules — supportive for customers but potentially raises credit and loss timing risk. Mortgage relief extension

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 966 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $311.92, for a total value of $301,314.72. Following the sale, the insider directly owned 58,479 shares in the company, valued at approximately $18,240,769.68. The trade was a 1.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Morgan Stanley set a $331.00 target price on JPMorgan Chase & Co. in a research note on Tuesday, December 9th. UBS Group increased their price target on JPMorgan Chase & Co. from $339.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Zacks Research lowered shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Wall Street Zen upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, The Goldman Sachs Group raised their price target on shares of JPMorgan Chase & Co. from $354.00 to $386.00 and gave the stock a “buy” rating in a report on Tuesday. Fifteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $334.57.

JPMorgan Chase & Co. Trading Up 0.2%

Shares of JPMorgan Chase & Co. stock opened at $334.70 on Wednesday. The company has a market capitalization of $911.15 billion, a P/E ratio of 16.58, a price-to-earnings-growth ratio of 1.65 and a beta of 1.07. The stock has a fifty day simple moving average of $314.04 and a 200 day simple moving average of $303.56. JPMorgan Chase & Co. has a 12-month low of $202.16 and a 12-month high of $337.25. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.26.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Tuesday, October 14th. The financial services provider reported $5.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.83 by $0.24. JPMorgan Chase & Co. had a net margin of 20.90% and a return on equity of 17.18%. The firm had revenue of $47.12 billion during the quarter, compared to analyst estimates of $44.42 billion. During the same quarter in the prior year, the business posted $4.37 EPS. The business’s revenue was up 8.8% compared to the same quarter last year. On average, sell-side analysts anticipate that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Tuesday, January 6th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, January 6th. JPMorgan Chase & Co.’s payout ratio is presently 29.72%.

JPMorgan Chase & Co. Profile

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.