JPMorgan Chase & Co. $JPM Shares Acquired by Simmons Bank

Simmons Bank increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 8.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,402 shares of the financial services provider’s stock after purchasing an additional 5,553 shares during the quarter. JPMorgan Chase & Co. accounts for about 1.3% of Simmons Bank’s investment portfolio, making the stock its 17th largest holding. Simmons Bank’s holdings in JPMorgan Chase & Co. were worth $22,390,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Timmons Wealth Management LLC bought a new position in shares of JPMorgan Chase & Co. in the 4th quarter worth about $27,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at about $32,000. MBM Wealth Consultants LLC bought a new stake in shares of JPMorgan Chase & Co. during the 1st quarter valued at about $29,000. Aventus Investment Advisors Inc. bought a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter valued at about $33,000. Finally, Osbon Capital Management LLC acquired a new stake in JPMorgan Chase & Co. during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Evercore reissued an “outperform” rating and issued a $360.00 target price on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a report on Wednesday, July 22nd. Jefferies Financial Group set a $350.00 price target on JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Zacks Research raised JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Royal Bank Of Canada boosted their price objective on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and a consensus target price of $359.96.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: JPMorgan’s recent rally has been supported by strong net interest income, investment-banking and trading activity, loan and deposit growth, and a resilient balance sheet. JPM Stock Gains 20.6% in 3 Months: Key Factors to Watch Before Buying
• Positive Sentiment: The bank is pairing planned higher capital returns, including a larger share-repurchase authorization, with continued branch expansion and new physical locations. That combination may reinforce the investment case, although bond issuance will add to funding obligations. How Investors May Respond To JPMorgan Chase Bond Issuance, Branch Expansion and Higher Payouts
• Positive Sentiment: JPMorgan continues developing digital-dollar infrastructure, including stablecoin and tokenized-deposit initiatives. Successful adoption could create longer-term payments and transaction-banking opportunities. How 21 Banks Changed the Conversation Around Stablecoins and Tokenized Deposits
• Neutral Sentiment: JPMorgan’s research remains broadly constructive on global equities, arguing that rising bond yields largely reflect stronger economic activity rather than an immediate threat to stocks. This supports market sentiment but is not a direct earnings catalyst for JPM. Why JPM thinks rising bond yields won’t derail the equity rally
• Negative Sentiment: JPMorgan’s trading desk has shifted to a tactically cautious stance on U.S. equities after hawkish Federal Reserve commentary, citing interest-rate uncertainty and the possibility of an AI-stock unwind. The change may weigh on near-term sentiment toward JPM’s market-sensitive businesses. JPMorgan Turns Tactically Cautious Following Warsh’s Hawkish Jackson Hole Speech
• Negative Sentiment: Higher interest rates can benefit JPMorgan’s interest income, but another increase could pressure revolving-credit borrowers and raise consumer-credit risks. Rising yields may also increase funding costs and reduce the value of fixed-income portfolios. JPMorgan Slips as 60% Hike Odds Cut Both Ways

Insider Buying and Selling

In related news, General Counsel Stacey Friedman sold 5,467 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total value of $1,808,100.91. Following the sale, the general counsel directly owned 40,961 shares in the company, valued at $13,547,031.53. This trade represents a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the sale, the insider directly owned 73,547 shares in the company, valued at $26,580,621.27. The trade was a 3.29% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. Price Performance

NYSE JPM opened at $354.38 on Wednesday. The company has a 50-day moving average price of $348.30 and a two-hundred day moving average price of $319.37. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The stock has a market cap of $942.01 billion, a price-to-earnings ratio of 15.18, a price-to-earnings-growth ratio of 1.46 and a beta of 0.98. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. The company had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.96 earnings per share. Analysts forecast that JPMorgan Chase & Co. will post 24.28 EPS for the current year.

JPMorgan Chase & Co. Company 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.