Krilogy Financial LLC Boosts Holdings in JPMorgan Chase & Co. $JPM

Krilogy Financial LLC raised its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 17.7% during the first quarter, HoldingsChannel reports. The fund owned 23,747 shares of the financial services provider’s stock after acquiring an additional 3,574 shares during the quarter. Krilogy Financial LLC’s holdings in JPMorgan Chase & Co. were worth $7,360,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Timmons Wealth Management LLC purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of JPMorgan Chase & Co. in the fourth quarter worth approximately $32,000. Osbon Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. in the fourth quarter worth approximately $35,000. Turning Point Benefit Group Inc. bought a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter worth approximately $35,000. Finally, Merrithew & Thorsten Inc bought a new stake in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $40,000. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Royal Bank Of Canada reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Monday, May 4th. Barclays reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, May 6th. Evercore boosted their target price on shares of JPMorgan Chase & Co. from $320.00 to $340.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Dbs Bank upgraded shares of JPMorgan Chase & Co. to a “hold” rating in a report on Tuesday, May 12th. Finally, UBS Group reduced their price target on shares of JPMorgan Chase & Co. from $380.00 to $375.00 in a research note on Wednesday, May 6th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $339.08.

Insider Buying and Selling

In related news, General Counsel Stacey Friedman sold 5,467 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel directly owned 40,961 shares of the company’s stock, valued at $13,547,031.53. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 3,022 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total transaction of $935,037.02. Following the transaction, the chief financial officer owned 32,438 shares in the company, valued at approximately $10,036,641.58. The trade was a 8.52% 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 a total of 33,623 shares of company stock valued at $10,427,835 over the last three months. 0.41% of the stock is owned by company insiders.

JPMorgan Chase & Co. Trading Up 0.5%

JPM opened at $335.01 on Friday. The stock’s fifty day moving average is $310.99 and its two-hundred day moving average is $308.28. The company has a market capitalization of $897.67 billion, a P/E ratio of 16.04, a PEG ratio of 1.55 and a beta of 1.00. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $343.45. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, beating 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 analyst estimates of $48.30 billion. During the same period in the previous year, the company posted $5.07 EPS. JPMorgan Chase & Co.’s revenue was up 10.0% on a year-over-year basis. Analysts forecast that JPMorgan Chase & Co. will post 22.44 earnings per share for the current year.

JPMorgan Chase & Co. Announces Dividend

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

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: JPMorgan unveiled a $50 billion share buyback and said it will raise its quarterly dividend to $1.65 from $1.50, a sign of strong capital generation after the bank passed the Federal Reserve’s stress test. JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test
• Positive Sentiment: The Federal Reserve stress test results showed major U.S. banks remain resilient, supporting expectations for higher payouts and signaling JPMorgan has excess capital to return to shareholders. JPMorganChase Announces 2026 Dodd-Frank Act Stress Test Results
• Positive Sentiment: JPMorgan promoted Doug Petno and Troy Rohrbaugh to co-presidents, which helped clarify the CEO succession pipeline and eased uncertainty around the eventual replacement for Jamie Dimon. JPMorgan names Doug Petno, Troy Rohrbaugh as co-presidents
• Neutral Sentiment: JPMorgan also said it will open a private banking office in Hamburg, a modest expansion that points to international wealth-management growth but is unlikely to move the stock on its own. JPMorgan Chase Set to Open Private Banking Office in Hamburg
• Negative Sentiment: News that JPMorgan will lay off nearly 250 employees in North Texas may raise concerns about cost-cutting or restructuring in some business lines, though the financial impact appears limited relative to the bank’s overall scale. JPMorgan Chase to layoff nearly 250 employees in North Texas

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.