New Hampshire Trust boosted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 16.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 37,604 shares of the financial services provider’s stock after purchasing an additional 5,221 shares during the quarter. JPMorgan Chase & Co. accounts for 2.3% of New Hampshire Trust’s investment portfolio, making the stock its 9th largest position. New Hampshire Trust’s holdings in JPMorgan Chase & Co. were worth $12,309,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC increased its stake in shares of JPMorgan Chase & Co. by 9.1% in the 2nd quarter. Private Wealth Management Group LLC now owns 2,407 shares of the financial services provider’s stock worth $788,000 after acquiring an additional 200 shares during the last quarter. Bare Financial Services Inc boosted its position in shares of JPMorgan Chase & Co. by 26.7% during the 2nd quarter. Bare Financial Services Inc now owns 494 shares of the financial services provider’s stock valued at $162,000 after acquiring an additional 104 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of JPMorgan Chase & Co. by 1.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,896,218 shares of the financial services provider’s stock valued at $633,688,000 after acquiring an additional 24,393 shares during the last quarter. CKW Financial Group grew its holdings in shares of JPMorgan Chase & Co. by 0.4% in the second quarter. CKW Financial Group now owns 9,755 shares of the financial services provider’s stock valued at $3,259,000 after purchasing an additional 41 shares during the period. Finally, Oak Harvest Investment Services grew its holdings in shares of JPMorgan Chase & Co. by 20.0% in the second quarter. Oak Harvest Investment Services now owns 101,694 shares of the financial services provider’s stock valued at $33,287,000 after purchasing an additional 16,970 shares during the period. 71.55% of the stock is currently owned by hedge funds and other institutional investors.
JPMorgan Chase & Co. Stock Performance
Shares of JPM stock opened at $351.74 on Monday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $934.99 billion, a P/E ratio of 15.07, a P/E/G ratio of 1.45 and a beta of 0.99. The firm’s 50 day moving average price is $344.49 and its 200-day moving average price is $317.43. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50.
Analyst Upgrades and Downgrades
JPM has been the subject of several recent analyst reports. Jefferies Financial Group set a $350.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target for the company in a research note on Wednesday, July 22nd. Royal Bank Of Canada raised their price target on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Wells Fargo & Company lifted their price target on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Finally, Citigroup upped their price objective on JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Monday, July 20th. One 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. Based on data from MarketBeat.com, JPMorgan Chase & Co. has a consensus rating of “Moderate Buy” and a consensus price target of $359.96.
Check Out Our Latest Analysis on JPM
Key Stories Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan’s second-quarter Markets revenue increased 35%, supported by particularly strong equities activity. The performance highlights continued trading momentum and supports the bank’s earnings outlook, although comparisons may become more difficult as market activity normalizes. JPMorgan’s Q2 Trading Revenues Surge 35%: Can the Momentum Continue?
- Positive Sentiment: JPMorgan reportedly raised its 2026 net interest income outlook to $105.5 billion, with loan and deposit growth expected to offset some pressure from interest rates. Higher expenses could limit the benefit, but the revised forecast remains supportive of earnings. JPMorgan Raises 2026 NII Outlook: What Does It Mean for Earnings?
- Neutral Sentiment: Former JPMorgan Chief Operating Officer Matt Zames is joining the Social Security Administration as an unpaid adviser on modernization. The appointment increases the public profile of a former executive but is not expected to have a direct financial effect on JPMorgan. Trump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency
- Negative Sentiment: India’s securities regulator barred a JPMorgan entity from the country’s securities market over alleged stock-market manipulation linked to sharp Sensex movements. The matter creates regulatory, reputational and potentially legal risks, although the reports concern allegations rather than a final determination of wrongdoing. India Bars JPMorgan Unit for Alleged Market Manipulation
- Negative Sentiment: JPMorgan filed six layoff notices affecting nearly 800 employees across several states, the bank’s largest reported level of layoffs since 2015. While the reductions could lower costs, the scale may raise concerns about operating conditions and workforce demand. Layoffs at JPMorgan Hit Highest Level Since 2015
- Negative Sentiment: JPMorgan strategists warned that expanded Treasury bond buybacks could ultimately push long-term yields higher if they fail to address the underlying U.S. fiscal and debt concerns. Higher yields and bond-market volatility can pressure valuations and increase risk across the banking sector. U.S. bond intervention is like paying your mortgage with your credit card
Insider Buying and Selling at JPMorgan Chase & Co.
In related news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $361.41, for a total value of $903,525.00. Following the sale, the insider owned 73,547 shares in the company, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 dated 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 transaction, the general counsel directly owned 40,961 shares in the company, valued at approximately $13,547,031.53. The trade was a 11.78% 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. Company insiders own 0.41% of the company’s stock.
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.
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