Soltis Investment Advisors LLC Acquires 3,432 Shares of JPMorgan Chase & Co. $JPM

Soltis Investment Advisors LLC raised its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 10.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,052 shares of the financial services provider’s stock after buying an additional 3,432 shares during the period. JPMorgan Chase & Co. accounts for approximately 0.7% of Soltis Investment Advisors LLC’s portfolio, making the stock its 29th biggest holding. Soltis Investment Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $11,801,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in JPM. Daymark Wealth Partners LLC raised its position in shares of JPMorgan Chase & Co. by 14.5% in the second quarter. Daymark Wealth Partners LLC now owns 311,115 shares of the financial services provider’s stock valued at $101,837,000 after purchasing an additional 39,286 shares during the period. Integrity Alliance LLC. boosted its holdings in shares of JPMorgan Chase & Co. by 2.5% during the 2nd quarter. Integrity Alliance LLC. now owns 34,253 shares of the financial services provider’s stock worth $11,212,000 after buying an additional 844 shares during the period. Avion Wealth grew its stake in JPMorgan Chase & Co. by 19.5% in the 2nd quarter. Avion Wealth now owns 1,010 shares of the financial services provider’s stock valued at $330,000 after buying an additional 165 shares during the last quarter. Integrity Advisory Solutions LLC grew its stake in JPMorgan Chase & Co. by 29.0% in the 2nd quarter. Integrity Advisory Solutions LLC now owns 4,069 shares of the financial services provider’s stock valued at $1,332,000 after buying an additional 914 shares during the last quarter. Finally, Members Trust Co raised its holdings in JPMorgan Chase & Co. by 0.4% in the 2nd quarter. Members Trust Co now owns 10,430 shares of the financial services provider’s stock worth $3,414,000 after acquiring an additional 40 shares during the period. Institutional investors own 71.55% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on JPM shares. Weiss Ratings downgraded shares of JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Royal Bank Of Canada increased their price target on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Citigroup boosted their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a “neutral” rating in a report on Monday, July 20th. Morgan Stanley reiterated a “positive” rating and issued a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 15th. Finally, Evercore restated an “outperform” rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $359.96.

JPMorgan Chase & Co. Trading Up 0.4%

JPM opened at $356.42 on Thursday. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $366.50. The stock has a market capitalization of $947.43 billion, a PE ratio of 15.27, a PEG 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. The firm has a 50-day moving average price of $348.76 and a two-hundred day moving average price of $319.75.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. The business had revenue of $58.02 billion for 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%. JPMorgan Chase & Co.’s revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.96 earnings per share. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 24.28 earnings per share for the current fiscal year.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $361.41, for a total transaction of $903,525.00. Following the transaction, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. This represents a 3.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the stock in a transaction on 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 transaction, the general counsel owned 40,961 shares in the company, valued at $13,547,031.53. The trade was a 11.78% decrease in their ownership of the stock. 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 own 0.41% of the company’s stock.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: Investors are rotating into large-bank stocks as expectations for higher interest rates improve the outlook for net interest income and financial-sector earnings. JPMorgan has particularly strong exposure to diversified banking and markets businesses. Expectations of Rising Rates and Worries About AI Have Investors Piling Into Big Bank Stocks
• Positive Sentiment: JPMorgan’s shares have benefited from rising Treasury yields; a 10-year yield near 4.8% was cited as supporting a stronger net interest income outlook. The bank’s latest results also showed substantial revenue growth and an earnings beat. JPMorgan Rises as 10-Year Treasury Yield Hits 4.8%
• Positive Sentiment: Kinexys, JPMorgan’s blockchain-based payments and settlement platform, is gaining traction. Faster fund transfers and deeper corporate-client relationships could support long-term payments growth and diversify revenue beyond traditional banking. Will Kinexys Fuel JPMorgan’s Next Leg of Payments Growth?
• Neutral Sentiment: The rebranding of Campbell Global as J.P. Morgan Natural Capital highlights growth in nature-based asset management, but the announcement is primarily strategic and is unlikely to materially change near-term earnings. J.P. Morgan Asset Management Announces Rebrand of Campbell Global to J.P. Morgan Natural Capital
• Negative Sentiment: JPMorgan reportedly curbed lending to Jane Street after the trading firm expanded into U.S. Treasury market-making. The move may reflect prudent risk management, but it also underscores intensifying competition in fixed-income markets and potential pressure on related trading relationships. JPMorgan Curbed Lending to Jane Street as Trading Firm Muscled Into Bonds

About JPMorgan Chase & Co.

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.