JPMorgan Chase & Co. $JPM Shares Purchased by Kentucky Retirement Systems

Kentucky Retirement Systems raised its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 78.0% during the 1st quarter, HoldingsChannel reports. The fund owned 310,364 shares of the financial services provider’s stock after purchasing an additional 135,992 shares during the period. JPMorgan Chase & Co. accounts for approximately 3.1% of Kentucky Retirement Systems’ portfolio, making the stock its 2nd biggest holding. Kentucky Retirement Systems’ holdings in JPMorgan Chase & Co. were worth $91,297,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in JPM. Centaurus Financial Inc. lifted its position in shares of JPMorgan Chase & Co. by 1.9% in the first quarter. Centaurus Financial Inc. now owns 49,375 shares of the financial services provider’s stock worth $14,524,000 after purchasing an additional 943 shares in the last quarter. Bull Harbor Capital LLC acquired a new stake in shares of JPMorgan Chase & Co. during the first quarter worth approximately $1,238,000. Strategic Investment Advisors MI grew its position in JPMorgan Chase & Co. by 18.9% during the first quarter. Strategic Investment Advisors MI now owns 22,360 shares of the financial services provider’s stock valued at $6,577,000 after purchasing an additional 3,553 shares in the last quarter. Ashton Thomas Securities LLC grew its position in JPMorgan Chase & Co. by 118.0% during the first quarter. Ashton Thomas Securities LLC now owns 13,645 shares of the financial services provider’s stock valued at $4,014,000 after purchasing an additional 7,386 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in JPMorgan Chase & Co. by 5.9% in the 1st quarter. Arkadios Wealth Advisors now owns 203,911 shares of the financial services provider’s stock valued at $59,982,000 after buying an additional 11,372 shares during the period. 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: Higher earnings estimates: Erste Group raised its FY2026 EPS forecast for JPMorgan to $24.90 from $22.76 and its FY2027 estimate to $24.86 from $24.00. The revisions are above the current consensus estimate of $23.97 for the year. Erste Group raises JPMorgan earnings estimates
• Positive Sentiment: Capital-return outlook remains attractive: JPMorgan plans a 10% dividend increase and authorized a new $50 billion share-repurchase program, supported by record earnings, excess capital and a resilient balance sheet. These measures can enhance per-share earnings and make the stock more appealing to income-focused investors. JPMorgan capital position and shareholder returns
• Positive Sentiment: Strong fundamentals and sector rotation: JPMorgan’s recent quarter produced $6.14 in EPS and approximately $58 billion in revenue, beating expectations by wide margins. Financial stocks have since outperformed as investors moved toward relatively cheaper, defensive companies and banks benefited from investment-banking and AI-financing activity. JPMorgan second-quarter strength
• Neutral Sentiment: JPMorgan Private Bank’s record 10 awards in Asia-Pacific reinforce the firm’s brand and wealth-management franchise, but the recognition is unlikely to materially affect near-term valuation. J.P. Morgan Private Bank awards
• Negative Sentiment: CEO Jamie Dimon’s warnings that markets may be underpricing economic and geopolitical risks could temper enthusiasm and increase volatility. Separately, JPMorgan economists moved their forecast for the next Federal Reserve rate hike to December, citing persistent inflation; higher rates may support interest income but could pressure economic growth and credit quality. Jamie Dimon market warning

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 4,919 shares of the 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 directly owned 85,082 shares of the company’s stock, valued at $26,326,072.44. This represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $300.27, for a total value of $1,641,876.36. Following the transaction, the general counsel owned 46,428 shares in the company, valued at approximately $13,940,935.56. This trade represents a 10.54% 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 have sold 18,876 shares of company stock valued at $5,907,051 over the last three months. 0.41% of the stock is currently owned by insiders.

JPMorgan Chase & Co. Price Performance

Shares of JPM opened at $350.57 on Friday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.85. The firm has a market cap of $939.36 billion, a PE ratio of 15.02, a PEG ratio of 1.42 and a beta of 0.99. The firm’s 50 day moving average price is $327.90 and its 200 day moving average price is $311.59. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $359.30.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping the consensus estimate 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 company had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. During the same period in the previous year, the firm posted $4.96 earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. As a group, research analysts expect that JPMorgan Chase & Co. will post 24.27 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The firm 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. The ex-dividend date is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. JPMorgan Chase & Co.’s dividend payout ratio is currently 25.71%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on JPM. Piper Sandler increased their target price on shares of JPMorgan Chase & Co. from $325.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. HSBC boosted their price target on shares of JPMorgan Chase & Co. from $288.00 to $312.00 and gave the company a “hold” rating in a report on Monday, May 4th. Zacks Research raised shares of JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Wells Fargo & Company increased their price objective on JPMorgan Chase & Co. from $360.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Finally, Argus lifted their price objective on JPMorgan Chase & Co. from $340.00 to $355.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $358.67.

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.