JPMorgan Chase & Co. $JPM Stock Holdings Boosted by Sanders Morris Harris LLC

Sanders Morris Harris LLC increased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 105.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 20,094 shares of the financial services provider’s stock after acquiring an additional 10,314 shares during the quarter. JPMorgan Chase & Co. makes up 0.9% of Sanders Morris Harris LLC’s portfolio, making the stock its 28th biggest position. Sanders Morris Harris LLC’s holdings in JPMorgan Chase & Co. were worth $6,779,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Consilium Wealth Advisory LLC grew its stake in JPMorgan Chase & Co. by 2.2% in the third quarter. Consilium Wealth Advisory LLC now owns 13,410 shares of the financial services provider’s stock valued at $4,436,000 after purchasing an additional 295 shares in the last quarter. Investment Planning Advisors Inc. grew its holdings in JPMorgan Chase & Co. by 6.3% in the 3rd quarter. Investment Planning Advisors Inc. now owns 3,980 shares of the financial services provider’s stock valued at $1,317,000 after buying an additional 237 shares in the last quarter. ABLE Financial Group LLC increased its stake in JPMorgan Chase & Co. by 2.7% during the 3rd quarter. ABLE Financial Group LLC now owns 6,573 shares of the financial services provider’s stock worth $2,175,000 after acquiring an additional 173 shares during the period. Aspen Wealth Management LLC lifted its position in JPMorgan Chase & Co. by 10.0% during the third quarter. Aspen Wealth Management LLC now owns 5,429 shares of the financial services provider’s stock worth $1,796,000 after purchasing an additional 493 shares during the period. Finally, Firethorn Wealth Partners LLC boosted its position in shares of JPMorgan Chase & Co. by 2.1% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 4,813 shares of the financial services provider’s stock worth $1,592,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Management projected approximately $107 billion in 2027 net interest income, excluding Markets, implying continued growth from fourth-quarter guidance. Resilient consumer activity, asset inflows and strength across investment banking and commercial banking supported the outlook. JPMorgan Q3 Earnings Call Highlights Capital Deployment and AI Risks
• Positive Sentiment: Analysts raised their price targets despite the results. Morgan Stanley lifted its target to $377 while maintaining an Equal Weight rating, and RBC reaffirmed Outperform with a $370 target. These revisions indicate that analysts view the earnings shortfall as manageable. JPMorgan Analysts Boost Their Forecasts After Q3 Results
• Positive Sentiment: Third-quarter revenue rose about 8% year over year to roughly $50.2 billion, while net income increased 6%. Consumer & Community Banking, the Commercial & Investment Bank and Asset & Wealth Management all posted year-over-year profit growth. JPMorgan Chase Reports $15.3 Billion Third-Quarter Net Income
• Neutral Sentiment: JPMorgan is restricting unvetted external AI agents from directly accessing customer accounts and is developing internal defensive tools. The policy limits near-term AI disruption and security exposure, but could increase technology and compliance costs. JPMorgan Chase blocks outside AI agents
• Negative Sentiment: Adjusted earnings of $5.75 per share missed the $5.94 consensus estimate, while revenue also fell short of expectations. Lower fixed-income trading revenue, investment-securities losses and softer dealmaking weighed on results. JPMorgan Earnings Miss Estimates But Reveal Broad-Based Strength
• Negative Sentiment: CEO Jamie Dimon warned that prolonged high interest rates could weaken consumer credit and that the probability of a market shock is higher than many investors assume. A flattening yield curve, inflation and elevated fiscal deficits remain additional risks to future bank profitability. Jamie Dimon Sees Higher Chance of Market Trouble

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Morgan Stanley lifted their target price on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the company an “equal weight” rating in a research report on Wednesday. TD Cowen initiated coverage on shares of JPMorgan Chase & Co. in a report on Thursday, October 8th. 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 research report on Friday, September 25th. Truist Financial upped their price target on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Evercore reissued an “outperform” rating and set a $360.00 target price on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $365.04.

JPMorgan Chase & Co. Stock Performance

Shares of JPMorgan Chase & Co. stock opened at $335.03 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The business has a 50 day moving average price of $349.00 and a 200-day moving average price of $329.80. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The company has a market cap of $890.58 billion, a PE ratio of 14.05, a price-to-earnings-growth ratio of 1.36 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts’ consensus estimates of $5.94 by ($0.19). JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business had revenue of $50.17 billion during the quarter, compared to analysts’ expectations of $51.23 billion. During the same quarter in the previous year, the firm earned $5.07 EPS. JPMorgan Chase & Co.’s quarterly revenue was up 8.1% on a year-over-year basis. Equities analysts anticipate that JPMorgan Chase & Co. will post 24.18 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently announced 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 is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. This represents a $6.60 annualized dividend and a yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 28.28%.

Insiders Place Their Bets

In other news, insider Robin Leopold sold 2,500 shares of the 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 transaction, the insider directly owned 71,047 shares in the company, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by insiders.

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.