JPMorgan Chase & Co. $JPM Shares Purchased by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich grew its position in JPMorgan Chase & Co. (NYSE:JPM) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,958,610 shares of the financial services provider’s stock after purchasing an additional 26,811 shares during the period. JPMorgan Chase & Co. accounts for about 1.7% of Bank Julius Baer & Co. Ltd Zurich’s portfolio, making the stock its 11th largest holding. Bank Julius Baer & Co. Ltd Zurich’s holdings in JPMorgan Chase & Co. were worth $648,592,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JPM. Pinkerton Wealth LLC lifted its stake in shares of JPMorgan Chase & Co. by 1.8% during the 3rd quarter. Pinkerton Wealth LLC now owns 21,901 shares of the financial services provider’s stock valued at $7,246,000 after buying an additional 377 shares in the last quarter. Virtue Capital Management LLC increased its stake in JPMorgan Chase & Co. by 4.2% during the third quarter. Virtue Capital Management LLC now owns 8,890 shares of the financial services provider’s stock worth $2,941,000 after acquiring an additional 357 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of JPMorgan Chase & Co. by 19.6% during the third quarter. Greenleaf Trust now owns 108,167 shares of the financial services provider’s stock valued at $35,785,000 after acquiring an additional 17,736 shares during the period. Nippon Life Global Investors Americas Inc. lifted its stake in shares of JPMorgan Chase & Co. by 39.5% in the 3rd quarter. Nippon Life Global Investors Americas Inc. now owns 56,410 shares of the financial services provider’s stock valued at $18,662,000 after purchasing an additional 15,970 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in shares of JPMorgan Chase & Co. by 41.3% in the 3rd quarter. Bell Investment Advisors Inc now owns 3,174 shares of the financial services provider’s stock valued at $1,050,000 after purchasing an additional 928 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Insider Activity at JPMorgan Chase & Co.

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

Analyst Ratings Changes

A number of analysts recently commented on JPM shares. Wells Fargo & Company upped 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 note on Friday, August 14th. Royal Bank Of Canada reissued an “outperform” rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. Zacks Research downgraded JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. Finally, The Goldman Sachs Group reaffirmed an “outperform” rating and set a $392.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $368.33.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan’s disciplined duration management and stable deposits may help protect its balance sheet if rates remain high. However, funding costs and regulatory exposure are still risks. JPM Flags Higher Rate Risks: Can Its Balance Sheet Stay Resilient?
• Positive Sentiment: ETFs bought about $65.6 million of JPM shares on Nov. 4, a supportive demand signal, though one day of flows may not indicate a lasting trend. 42 ETFs Add to JPMorgan Chase (JPM) on Nov. 4
• Neutral Sentiment: JPMorgan’s M&A chief expects a softer 2027, but suggested private-equity firms may eventually need to sell assets, potentially improving exit activity. JPMorgan’s M&A chief sees softer 2027—but a potential upside surprise in private equity exits
• Negative Sentiment: Senate Finance Committee Democrats plan to scrutinize JPMorgan’s relationship with Epstein and how senior executives handled it. The probe could prolong reputational and regulatory uncertainty; the reports do not establish wrongdoing. Democrats to probe JPMorgan’s relationship with Epstein when they take Senate control

JPMorgan Chase & Co. Trading Down 0.8%

JPM opened at $334.67 on Friday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $889.61 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 1.34 and a beta of 1.03. The firm’s fifty day moving average is $341.87 and its two-hundred day moving average is $323.78. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50.

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 the consensus estimate of $51.23 billion. During the same quarter in the prior year, the company earned $5.07 earnings per share. JPMorgan Chase & Co.’s revenue was up 8.1% compared to the same quarter last year. Equities research analysts anticipate that JPMorgan Chase & Co. will post 23.95 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were paid a $1.65 dividend. The ex-dividend date of this dividend was 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 payout ratio is currently 27.68%.

JPMorgan Chase & Co. Company 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.

Headquartered in New York City, JPMorgan Chase serves customers across the United States and operates in many international markets.