7,733 JPMorgan Chase & Co. $JPM Shares Sold by James Hambro & Partners LLP

James Hambro & Partners LLP lowered its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 648,109 shares of the financial services provider’s stock after selling 7,733 shares during the period. JPMorgan Chase & Co. makes up about 7.5% of James Hambro & Partners LLP’s portfolio, making the stock its 4th biggest position. James Hambro & Partners LLP’s holdings in JPMorgan Chase & Co. were worth $214,446,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JPM. Bank of America Corp DE increased its position in JPMorgan Chase & Co. by 15.8% during the 1st quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock valued at $19,314,681,000 after purchasing an additional 8,941,351 shares during the period. Ascentis Wealth Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 32,672.0% in the 2nd quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider’s stock valued at $1,521,126,000 after purchasing an additional 4,632,891 shares in the last quarter. Jupiter Topco LLC bought a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at about $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of JPMorgan Chase & Co. by 31.5% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider’s stock valued at $2,042,648,000 after purchasing an additional 1,662,250 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of JPMorgan Chase & Co. by 22.9% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider’s stock worth $2,625,511,000 after purchasing an additional 1,496,676 shares during the period. Hedge funds and other 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: Strong trading and AI-related revenue: JPMorgan, Goldman Sachs and Morgan Stanley reportedly captured nearly 80% of the top five banks’ equity-trading revenue this year, benefiting from hedge-fund borrowing and demand tied to artificial intelligence and semiconductor stocks. Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom
• Positive Sentiment: Expansion in digital payments: JPMorgan launched its dollar-backed JPM Coin deposit token on Ethereum’s mainnet for institutional clients. Wider blockchain access could strengthen the bank’s transaction-services business and digital-asset infrastructure. JPMorgan Launches JPM Coin on Ethereum for Institutional Clients
• Positive Sentiment: International and strategic growth: JPMorgan reportedly is pursuing a Nigerian banking license after placing a 50 billion-naira deposit with Nigeria’s central bank. The move could expand its African corporate and investment-banking presence. J.P. Morgan to Secure Nigerian Banking Licence
• Positive Sentiment: Capital and resiliency investments: The bank has committed roughly $230 billion through its broader, 10-year security and resiliency initiative, potentially creating long-term opportunities in infrastructure, supply chains and government-related financing. Jamie Dimon spent years warning about America’s reliance on China
• Neutral Sentiment: Bitcoin outlook: JPMorgan Asset Management forecasts a 10% annualized Bitcoin return over 10–15 years, above its projections for U.S. large-cap stocks and gold, but excludes Bitcoin from core portfolio models because of approximately 55% volatility. The forecast may enhance JPMorgan’s digital-assets credentials, though it is not a direct earnings catalyst. JPMorgan Puts a Number on Bitcoin for the First Time
• Neutral Sentiment: JPMorgan completed a $7 billion senior-debt offering, providing funding but also increasing fixed financing obligations. JPMorgan Chase Completes $7 Billion Senior Debt Offering
• Negative Sentiment: The most immediate pressure remains earnings: JPMorgan’s latest quarterly EPS and revenue missed consensus estimates, despite year-over-year growth. That disappointment likely weighs more heavily on the stock than the longer-term strategic announcements.

Insider Transactions at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

JPM has been the topic of a number of recent research reports. Robert W. Baird increased their price objective on shares of JPMorgan Chase & Co. from $305.00 to $312.00 and gave the company a “neutral” rating in a research note on Wednesday, October 14th. HSBC boosted their price objective on shares of JPMorgan Chase & Co. from $369.00 to $377.00 and gave the stock a “hold” rating in a research note on Monday, September 28th. Morgan Stanley upped their target price on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 14th. Weiss Ratings raised JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, October 9th. Finally, Truist Financial increased their target price on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the company a “hold” rating in a research report on Wednesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, JPMorgan Chase & Co. currently has a consensus rating of “Moderate Buy” and an average target price of $365.45.

JPMorgan Chase & Co. Stock Performance

JPM stock opened at $334.84 on Thursday. The firm has a market cap of $890.07 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 1.32 and a beta of 1.02. The firm has a 50-day simple moving average of $346.57 and a two-hundred day simple moving average of $331.41. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.94 by ($0.19). The firm had revenue of $50.17 billion during the quarter, compared to analysts’ expectations of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the firm earned $5.07 EPS. On average, equities analysts forecast that JPMorgan Chase & Co. will post 23.99 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. Shareholders of record on Tuesday, October 6th will be issued a $1.65 dividend. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. This represents a $6.60 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.68%.

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, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.