Atwood & Palmer Inc. Purchases 2,632 Shares of JPMorgan Chase & Co. $JPM

Atwood & Palmer Inc. lifted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 29.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,431 shares of the financial services provider’s stock after purchasing an additional 2,632 shares during the period. Atwood & Palmer Inc.’s holdings in JPMorgan Chase & Co. were worth $3,782,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Zevenbergen Capital Investments LLC lifted its holdings in shares of JPMorgan Chase & Co. by 2.2% during the third quarter. Zevenbergen Capital Investments LLC now owns 29,263 shares of the financial services provider’s stock worth $9,681,000 after buying an additional 640 shares in the last quarter. Artemis Investment Management LLP grew its stake in shares of JPMorgan Chase & Co. by 59.1% in the third quarter. Artemis Investment Management LLP now owns 104,141 shares of the financial services provider’s stock valued at $34,453,000 after acquiring an additional 38,677 shares in the last quarter. Aletheian Wealth Advisors LLC increased its position in JPMorgan Chase & Co. by 1.2% during the third quarter. Aletheian Wealth Advisors LLC now owns 2,996 shares of the financial services provider’s stock worth $991,000 after acquiring an additional 36 shares during the period. YHB Investment Advisors Inc. increased its position in JPMorgan Chase & Co. by 1.7% during the third quarter. YHB Investment Advisors Inc. now owns 56,746 shares of the financial services provider’s stock worth $18,773,000 after acquiring an additional 937 shares during the period. Finally, Everhart Financial Group Inc. raised its stake in JPMorgan Chase & Co. by 2.4% in the 3rd quarter. Everhart Financial Group Inc. now owns 28,544 shares of the financial services provider’s stock worth $9,443,000 after purchasing an additional 661 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan is scheduled to report third-quarter results on Oct. 13. Analysts expect solid revenue growth, and previews point to continued strength in investment banking and broader banking activity. JPMorgan Q3 earnings preview
• Positive Sentiment: TD Cowen initiated coverage with a “hold” rating and a $370 price target, implying meaningful potential upside from the referenced share price. The target provides valuation support, although the neutral rating signals limited conviction. TD Cowen coverage report
• Positive Sentiment: The bank’s recently announced 10% dividend increase reinforces confidence in capital generation and gives income-focused investors an additional reason to hold the stock. JPMorgan dividend increase
• Positive Sentiment: Chase is expanding its business-banking franchise with a payroll offering, potentially increasing client relationships, fee revenue and deposits over time. Chase adds payroll services
• Neutral Sentiment: JPMorgan continues to rank highly for artificial-intelligence capabilities and is directing a large technology budget toward productivity improvements. However, the timing and scale of returns from that spending remain uncertain. JPMorgan AI ranking
• Neutral Sentiment: Eleni Skoura was appointed head of Chase Germany, a routine leadership transition with limited immediate financial impact. Chase Germany leadership appointment
• Negative Sentiment: JPMorgan strategists warn that rapidly rising long-term Treasury yields—approaching 6% for 30-year bonds—reflect fiscal and debt concerns and can pressure markets, increase funding costs and weaken credit demand. JPMorgan bond-yield warning
• Negative Sentiment: Pre-earnings commentary highlights elevated expenses, potential credit deterioration and JPMorgan’s relatively rich valuation as risks to near-term performance. Housing affordability is also near financial-crisis lows, raising concerns about a frozen housing market and future loan demand. JPMorgan pre-earnings analysis

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. TD Cowen started coverage on shares of JPMorgan Chase & Co. in a report on Thursday. They issued a “hold” rating and a $370.00 price objective for the company. Jefferies Financial Group reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Friday, September 25th. Morgan Stanley reiterated a “positive” rating and issued a $370.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, July 15th. Truist Financial boosted their price target on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company increased their price target on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat.com, JPMorgan Chase & Co. has an average rating of “Moderate Buy” and an average target price of $362.88.

Insider Activity

In related news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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

JPM traded up $2.09 on Thursday, hitting $331.67. 7,942,918 shares of the stock were exchanged, compared to its average volume of 9,228,556. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50. The business has a 50-day moving average of $351.12 and a two-hundred day moving average of $328.32. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $881.63 billion, a price-to-earnings ratio of 14.21, a PEG ratio of 1.36 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm had revenue of $58.02 billion for the quarter, compared to the consensus estimate of $50.72 billion. During the same period in the prior year, the company posted $4.96 earnings per share. The business’s revenue for the quarter was up 27.7% on a year-over-year basis. Sell-side analysts forecast that JPMorgan Chase & Co. will post 24.16 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be given a dividend of $1.65 per share. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 28.28%.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.