VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 9.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 427,538 shares of the financial services provider’s stock after purchasing an additional 37,000 shares during the quarter. JPMorgan Chase & Co. comprises about 0.9% of VIRGINIA RETIREMENT SYSTEMS ET Al’s investment portfolio, making the stock its 14th largest position. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in JPMorgan Chase & Co. were worth $141,442,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Horizons Wealth Management acquired a new position in JPMorgan Chase & Co. during the 3rd quarter worth about $31,000. Aventus Investment Advisors Inc. bought a new stake in JPMorgan Chase & Co. during the 2nd quarter worth about $33,000. Timbuktu Capital Management LLC acquired a new stake in JPMorgan Chase & Co. in the 2nd quarter valued at about $50,000. NI Acquisitions Company LLC acquired a new stake in JPMorgan Chase & Co. in the 2nd quarter valued at about $51,000. Finally, Montgomery Financial Services LLC acquired a new stake in JPMorgan Chase & Co. in the 2nd quarter valued at about $62,000. Institutional investors 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: JPMorgan’s trading desk expects technology stocks to rebound after the midterms and sees a potential broadening of the market rally beyond megacap leaders. A broader rally could support investor sentiment toward financial stocks, though the view is a market outlook rather than a JPM-specific earnings update. JPMorgan Trading Desk Sees Tech Rebounding After Midterms
- Positive Sentiment: JPMorgan is expanding its Dubai private-banking presence with a new DIFC branch and a larger local team. The move could help the bank attract regional clients and grow wealth-management assets and revenue over time. JPM Opens Dubai Private Banking Branch
- Positive Sentiment: JPMorgan Payments’ new Receivables Matching tool aims to automate invoice matching and reduce manual work for clients. Separately, treasury platform Embat integrated JPMorgan’s banking authorization API, making it easier for shared clients to connect accounts. These developments may improve the bank’s payments offering and client engagement. J.P. Morgan Payments Debuts Tool to Streamline Cash Application Embat Turns to J.P. Morgan for Better Bank-Treasury Connectivity
- Positive Sentiment: Recent reports cite an analyst upgrade and a UBS analyst’s expectation that JPM shares could rise, adding a potential source of support from analyst sentiment. The provided headlines do not include the target price or rationale. JPMorgan Shares Up Following Analyst Upgrade UBS Analyst Says JPMorgan Stock Price Expected to Rise
- Neutral Sentiment: JPMorgan filed its quarterly Form 10-Q for the period ended September 30, 2026. The filing is a routine disclosure; the supplied report does not describe new financial details that would change the investment outlook. JPMorganChase Files Form 10-Q
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the stock. UBS Group upped their target price on shares of JPMorgan Chase & Co. from $395.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research note on Wednesday, July 22nd. Wells Fargo & Company raised their price target on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a report on Friday, August 14th. Weiss Ratings cut shares of JPMorgan Chase & Co. from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, October 23rd. Finally, Robert W. Baird upped their price objective on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the stock a “neutral” rating in a report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and a consensus target price of $368.33.
Read Our Latest Report on JPMorgan Chase & Co.
Insider Buying and Selling at JPMorgan Chase & Co.
In related news, insider Robin Leopold sold 2,500 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the transaction, 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by company insiders.
JPMorgan Chase & Co. Stock Performance
Shares of NYSE:JPM opened at $352.14 on Thursday. The stock has a market capitalization of $936.05 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.33 and a beta of 1.03. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $366.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. The business has a 50-day moving average price of $342.66 and a two-hundred day moving average price of $323.49.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its earnings results 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 business had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.07 earnings per share. Equities analysts predict that JPMorgan Chase & Co. will post 23.95 earnings per share for the current year.
JPMorgan Chase & Co. Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Investors of record on Tuesday, October 6th were paid a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.9%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend was Tuesday, October 6th. JPMorgan Chase & Co.’s 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.
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