Courier Capital LLC cut its position in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 75.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 18,212 shares of the financial services provider’s stock after selling 56,656 shares during the quarter. JPMorgan Chase & Co. accounts for 1.1% of Courier Capital LLC’s portfolio, making the stock its 26th largest position. Courier Capital LLC’s holdings in JPMorgan Chase & Co. were worth $6,025,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the company. Horizons Wealth Management bought a new position in JPMorgan Chase & Co. during the third quarter valued at about $31,000. MBM Wealth Consultants LLC acquired a new position in JPMorgan Chase & Co. during the first quarter worth about $29,000. Aventus Investment Advisors Inc. bought a new stake in JPMorgan Chase & Co. in the second quarter worth about $33,000. Osbon Capital Management LLC bought a new stake in JPMorgan Chase & Co. in the fourth quarter worth about $35,000. Finally, Timbuktu Capital Management LLC acquired a new stake in JPMorgan Chase & Co. in the 2nd quarter valued at about $50,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Chase & Co. Trading Down 0.7%
Shares of JPMorgan Chase & Co. stock traded down $2.31 on Tuesday, reaching $331.99. 13,751,987 shares of the company were exchanged, compared to its average volume of 9,213,867. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The firm has a market capitalization of $882.49 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.37 and a beta of 1.02. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. The stock has a fifty day moving average price of $350.00 and a 200-day moving average price of $329.24.
JPMorgan Chase & Co. Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be paid 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 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. JPMorgan Chase & Co.’s payout ratio is currently 28.28%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on JPM shares. Citigroup raised their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Monday, July 20th. Weiss Ratings upgraded shares of JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday. Robert W. Baird boosted their target price on shares of JPMorgan Chase & Co. from $295.00 to $305.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. TD Cowen assumed coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, October 8th. They set a “hold” rating and a $370.00 target price for the company. Finally, Morgan Stanley restated a “positive” rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $362.88.
Insider Buying and Selling
In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the transaction, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company’s stock.
Key Headlines Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan reported third-quarter net income of $15.3 billion, up 6% year over year. Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management earnings increased 13%, 20%, and 11%, respectively. Revenue rose roughly 8% to $50.2 billion. JPMorgan Chase Reports Third-Quarter Net Income
- Positive Sentiment: Management projected approximately $107 billion in 2027 net interest income excluding Markets, implying about $5 billion of growth from annualized fourth-quarter guidance. Executives also characterized delayed corporate deals as postponed rather than canceled, supporting expectations for a recovery in investment banking activity. JPMorgan Sees Deal Delays, Not Cancellations
- Positive Sentiment: JPMorgan appointed Rob Sweeney global chair of investment banking and has added more than 1,000 investment bankers this year, positioning the firm to benefit if mergers, equity issuance, and dealmaking continue to recover. JPMorgan Taps Rob Sweeney
- Positive Sentiment: The bank declared a $1.65-per-share quarterly dividend, while analysts expect its strong capital generation to support another dividend increase in 2027. Prediction: JPMorgan Raises Its Dividend Again
- Neutral Sentiment: JPMorgan is restricting outside AI agents from directly accessing customer accounts, citing security and “rogue agent” risks. It is simultaneously testing an internal Smart Cash tool to forecast cash flows and improve yields, highlighting both the opportunity and control challenges associated with artificial intelligence. JPMorgan Blocks Outside AI Agents
- Neutral Sentiment: The planned Philadelphia headquarters move and hiring of approximately 100 employees represent a modest investment in the bank’s workforce but are unlikely to materially affect near-term earnings. JPMorgan Moves Philadelphia Headquarters
- Negative Sentiment: Adjusted EPS of $5.75 missed the $5.94 consensus estimate, while revenue of approximately $50.2 billion came in below expectations near $51.2 billion. Lower fixed-income trading revenue, investment-securities losses, and weaker-than-expected dealmaking drove the shortfall. JPMorgan Q3 Earnings and Revenue Miss Estimates
- Negative Sentiment: Investors remain concerned that persistent inflation, elevated rates, a flattening yield curve, fiscal deficits, and a potential downturn in the next credit cycle could pressure lending, funding costs, and future credit quality despite currently clean loan performance. Big Banks Show Clean Credit but Investors Fear What Comes Next
JPMorgan Chase & Co. 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.
Featured Stories
- Five stocks we like better than JPMorgan Chase & Co.
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter.
