JPMorgan Chase & Co. $JPM Stock: International Assets Investment Management LLC Decreases Stake

International Assets Investment Management LLC trimmed its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 98.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,783 shares of the financial services provider’s stock after selling 1,634,644 shares during the quarter. JPMorgan Chase & Co. accounts for 0.2% of International Assets Investment Management LLC’s investment portfolio, making the stock its 28th largest holding. International Assets Investment Management LLC’s holdings in JPMorgan Chase & Co. were worth $10,923,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPM. State Street Corp raised its holdings in shares of JPMorgan Chase & Co. by 0.8% in the 2nd quarter. State Street Corp now owns 125,209,293 shares of the financial services provider’s stock worth $40,984,758,000 after acquiring an additional 932,632 shares during the last quarter. Bank of America Corp DE raised its position in JPMorgan Chase & Co. by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider’s stock valued at $22,804,018,000 after buying an additional 4,006,293 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in JPMorgan Chase & Co. by 2.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider’s stock worth $7,084,339,000 after acquiring an additional 540,362 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of JPMorgan Chase & Co. by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider’s stock worth $5,578,788,000 after acquiring an additional 607,288 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of JPMorgan Chase & Co. by 0.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider’s stock valued at $6,164,741,000 after purchasing an additional 134,634 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on JPM shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $370.00 price objective on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. Wall Street Zen cut JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research note on Saturday. TD Cowen started coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, October 8th. They set a “hold” rating and a $370.00 price target for the company. Bank of America lifted their price objective on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $368.33.

JPMorgan Chase & Co. Price Performance

JPMorgan Chase & Co. stock opened at $342.13 on Wednesday. The firm has a market capitalization of $908.57 billion, a P/E ratio of 14.35, a PEG ratio of 1.35 and a beta of 1.03. 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 current ratio of 0.85 and a quick ratio of 0.85. The business has a fifty day moving average price of $341.28 and a 200-day moving average price of $324.17.

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 company had revenue of $50.17 billion for 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 business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the company posted $5.07 EPS. As a group, equities research analysts forecast that JPMorgan Chase & Co. will post 23.95 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th were given a dividend of $1.65 per share. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. This represents a $6.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.68%.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan CEO Jamie Dimon is expected to appear in a livestream with Anthropic CEO Dario Amodei about Anthropic’s planned IPO, which is targeting a very high valuation. The event highlights JPMorgan’s connection to a prominent potential offering, though the report does not establish a specific underwriting role or revenue impact. Article: Anthropic Plans IPO Live Stream With Amodei, JPMorgan CEO Dimon
• Neutral Sentiment: JPMorgan expects mergers and acquisitions to slow in 2027, which could weigh on investment-banking advisory fees. The firm sees private-equity exits as a possible offset, leaving the net effect uncertain. Article: JPM Expects M&A Slowdown in 2027: Can Private Equity Exits Offset?
• Negative Sentiment: JPMorgan and its partners may try to sell about $2 billion of Qualtrics debt at roughly 85 cents on the dollar. If completed at that discount, the sale could crystallize a loss and reflects weaker pricing for software-related debt. Article: JPMorgan May Sell $2 Billion of Qualtrics Debt at About 85 Cents on the Dollar

Insider Buying and Selling at JPMorgan Chase & Co.

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

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co. is a global financial services company serving consumers, businesses, institutional clients and governments. Its operations include consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. The company offers services such as deposit accounts, credit cards, mortgages, auto financing, lending, payment processing and investment advice. It also provides institutional clients with investment banking, markets, treasury and securities services, and commercial lending.