JPMorgan Chase & Co. $JPM Shares Sold by CPA Asset Management Group LLC

CPA Asset Management Group LLC lessened its stake in JPMorgan Chase & Co. (NYSE:JPM) by 21.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 7,403 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. JPMorgan Chase & Co. comprises 0.7% of CPA Asset Management Group LLC’s portfolio, making the stock its 24th largest holding. CPA Asset Management Group LLC’s holdings in JPMorgan Chase & Co. were worth $2,178,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of JPMorgan Chase & Co. during the first quarter worth approximately $87,845,000. BCM Advisors LLC lifted its stake in JPMorgan Chase & Co. by 19.7% in the first quarter. BCM Advisors LLC now owns 4,779 shares of the financial services provider’s stock worth $1,470,000 after acquiring an additional 785 shares during the last quarter. Evergreen Advisors LLC purchased a new position in JPMorgan Chase & Co. in the first quarter worth approximately $129,000. Delta Financial Advisors LLC grew its holdings in JPMorgan Chase & Co. by 0.4% during the 1st quarter. Delta Financial Advisors LLC now owns 21,089 shares of the financial services provider’s stock worth $6,204,000 after acquiring an additional 78 shares in the last quarter. Finally, Vectors Research Management LLC grew its holdings in JPMorgan Chase & Co. by 1.6% during the 1st quarter. Vectors Research Management LLC now owns 14,909 shares of the financial services provider’s stock worth $4,386,000 after acquiring an additional 230 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

JPM has been the topic of a number of recent analyst reports. Robert W. Baird increased their price objective on shares of JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. HSBC lifted their price objective on shares of JPMorgan Chase & Co. from $288.00 to $312.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Morgan Stanley reissued a “positive” rating and issued a $370.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, July 15th. Keefe, Bruyette & Woods raised their price target on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Finally, Dbs Bank upgraded JPMorgan Chase & Co. to a “hold” rating in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $356.38.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 5,468 shares of JPMorgan Chase & Co. stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $300.27, for a total transaction of $1,641,876.36. Following the sale, the general counsel owned 46,428 shares in the company, valued at approximately $13,940,935.56. The trade was a 10.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 4,919 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $309.42, for a total value of $1,522,036.98. Following the completion of the sale, the chief operating officer directly owned 85,082 shares of the company’s stock, valued at $26,326,072.44. The trade was a 5.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,876 shares of company stock worth $5,907,051 over the last 90 days. Corporate insiders own 0.41% of the company’s stock.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: KBW’s Matthew Kelley initiated coverage with a Buy rating and a $384 price target, citing JPMorgan’s strong capital position, diversified revenue streams, and attractive upside potential. Article: Analyst Matthew Kelley Initiates Buy Rating on JPMorgan Chase, Citing Strong Capital Position, Diversified Revenues and Attractive Upside Potential
• Positive Sentiment: Several articles note that JPMorgan shares have been trading near 52-week or all-time highs, reflecting market confidence in the bank’s earnings power and resilience ahead of future results. Article: 5 Stocks Quietly Trading Near All-Time Highs While Everyone Watches the AI Drama (JPM)
• Positive Sentiment: J.P. Morgan research also remains constructive on select beaten-down IPO names and other market opportunities, reinforcing the firm’s image as a leading Wall Street franchise with broad investment-banking reach. Article: J.P. Morgan Says These 2 Beaten-Down IPO Stocks Could Rebound
• Neutral Sentiment: Coca-Cola naming JPMorgan for an India bottler IPO underscores the bank’s continued role in major capital-markets transactions, though the immediate stock impact is likely limited. Article: Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say
• Neutral Sentiment: Jamie Dimon warned that markets may be underestimating risk and said he would not buy stocks or Treasurys at current prices; that message may pressure broader sentiment, but it also reflects his usual cautious outlook rather than a JPMorgan-specific problem. Article: Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
• Negative Sentiment: Dimon’s repeated warnings about macro and geopolitical risks could make investors more defensive on financials and the broader market if risk appetite fades. Article: Jamie Dimon Says Anthropic’s Mythos Access Debate Is a Warning Sign for AI’s Future

JPMorgan Chase & Co. Stock Down 0.7%

JPM stock opened at $338.72 on Tuesday. The stock has a market cap of $907.60 billion, a P/E ratio of 14.51, a PEG ratio of 1.52 and a beta of 0.99. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $351.24. The company’s 50 day moving average is $319.89 and its two-hundred day moving average is $310.32.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.59 by $0.55. The business had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.96 EPS. Research analysts expect that JPMorgan Chase & Co. will post 23.38 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a $1.50 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.8%. JPMorgan Chase & Co.’s payout ratio is 25.71%.

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.