JPMorgan Chase & Co. $JPM Shares Purchased by Smith Salley Wealth Management

Smith Salley Wealth Management boosted its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 161,087 shares of the financial services provider’s stock after buying an additional 2,733 shares during the quarter. JPMorgan Chase & Co. makes up about 2.4% of Smith Salley Wealth Management’s holdings, making the stock its 7th biggest position. Smith Salley Wealth Management’s holdings in JPMorgan Chase & Co. were worth $47,385,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of JPM. Sunbeam Capital Management LLC increased its position in JPMorgan Chase & Co. by 4.4% during the first quarter. Sunbeam Capital Management LLC now owns 9,328 shares of the financial services provider’s stock worth $2,744,000 after buying an additional 394 shares in the last quarter. Spectrum Planning & Advisory Services Inc. lifted its position in shares of JPMorgan Chase & Co. by 11.3% in the first quarter. Spectrum Planning & Advisory Services Inc. now owns 1,190 shares of the financial services provider’s stock valued at $350,000 after acquiring an additional 121 shares in the last quarter. Center For Asset Management LLC boosted its stake in shares of JPMorgan Chase & Co. by 1.7% during the first quarter. Center For Asset Management LLC now owns 4,497 shares of the financial services provider’s stock valued at $1,323,000 after acquiring an additional 75 shares during the last quarter. Evexia Wealth LLC boosted its stake in shares of JPMorgan Chase & Co. by 3.8% during the first quarter. Evexia Wealth LLC now owns 28,925 shares of the financial services provider’s stock valued at $9,073,000 after acquiring an additional 1,052 shares during the last quarter. Finally, Strong Tower Advisory Services increased its position in JPMorgan Chase & Co. by 0.8% during the 1st quarter. Strong Tower Advisory Services now owns 12,404 shares of the financial services provider’s stock worth $3,649,000 after purchasing an additional 97 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: Morningstar said JPMorgan is becoming increasingly attractive at current levels and highlighted it as one of the highest-quality financial stocks, reinforcing the bullish case for the bank. Article Title
• Positive Sentiment: Reports that JPMorgan is deploying agentic AI across parts of its banking operations suggest potential efficiency gains and margin support over time. Article Title
• Positive Sentiment: Recent earnings strength remains an important tailwind, as JPMorgan previously beat expectations on both EPS and revenue, backing up the stock’s premium valuation.
• Neutral Sentiment: General Counsel Stacey Friedman sold 5,467 shares under a pre-arranged 10b5-1 trading plan; the sale may draw attention, but the scheduled nature of the trade makes it a limited signal on fundamentals. Article Title
• Neutral Sentiment: Several headlines referenced JPMorgan strategists discussing market risks such as Fed policy, institutional rebalancing, and inflation; these are broader market themes rather than direct JPMorgan-specific catalysts.

JPMorgan Chase & Co. Stock Performance

NYSE JPM opened at $334.95 on Wednesday. The firm has a market capitalization of $897.50 billion, a P/E ratio of 16.04, a P/E/G ratio of 1.54 and a beta of 1.00. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $338.09. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.86 and a quick ratio of 0.86. The business’s 50-day simple moving average is $310.11 and its 200-day simple moving average is $308.02.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.50 by $0.44. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The business had revenue of $50.54 billion during the quarter, compared to analysts’ expectations of $48.30 billion. During the same quarter in the previous year, the business earned $5.07 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. Equities analysts predict that JPMorgan Chase & Co. will post 22.44 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.’s payout ratio is currently 28.74%.

Insiders Place Their Bets

In related news, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the transaction, the general counsel owned 40,961 shares in the company, valued at approximately $13,547,031.53. The trade was a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 JPMorgan Chase & Co. stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $309.42, for a total transaction of $1,522,036.98. Following the transaction, the chief operating officer owned 85,082 shares in the company, valued at $26,326,072.44. The trade was a 5.47% 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 sold a total of 33,623 shares of company stock worth $10,427,835 over the last ninety days. 0.41% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on JPM. Jefferies Financial Group reissued a “neutral” rating on shares of JPMorgan Chase & Co. in a research note on Monday, May 4th. Dbs Bank raised shares of JPMorgan Chase & Co. to a “hold” rating in a research note on Tuesday, May 12th. Evercore lifted their price target on shares of JPMorgan Chase & Co. from $320.00 to $340.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Barclays reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, May 6th. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Tuesday, February 24th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $339.08.

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.