RWQ Financial Management Services Inc. trimmed its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 19.0% in the second quarter, Holdings Channel reports. The fund owned 24,813 shares of the financial services provider’s stock after selling 5,815 shares during the period. JPMorgan Chase & Co. accounts for about 3.9% of RWQ Financial Management Services Inc.’s portfolio, making the stock its 14th biggest position. RWQ Financial Management Services Inc.’s holdings in JPMorgan Chase & Co. were worth $8,122,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at about $11,396,496,000. Bank of America Corp DE grew its position in shares of JPMorgan Chase & Co. by 15.8% in the 1st quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock valued at $19,314,681,000 after purchasing an additional 8,941,351 shares during the period. Cardano Risk Management B.V. increased its stake in JPMorgan Chase & Co. by 889.3% during the 4th quarter. Cardano Risk Management B.V. now owns 8,673,530 shares of the financial services provider’s stock worth $2,794,785,000 after purchasing an additional 7,796,814 shares in the last quarter. American Assets Investment Management LLC increased its stake in JPMorgan Chase & Co. by 1,172.2% during the 4th quarter. American Assets Investment Management LLC now owns 2,259,400 shares of the financial services provider’s stock worth $728,024,000 after purchasing an additional 2,081,800 shares in the last quarter. Finally, Viking Global Investors LP raised its holdings in JPMorgan Chase & Co. by 86.1% during the 2nd quarter. Viking Global Investors LP now owns 4,042,034 shares of the financial services provider’s stock worth $1,171,826,000 after buying an additional 1,870,386 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have weighed in on JPM shares. Barclays lifted their price target on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Bank of America increased 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. Truist Financial raised their price objective on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the stock a “hold” rating in a report on Wednesday, July 15th. Wells Fargo & Company boosted their price objective on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Royal Bank Of Canada upped their target price on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $359.96.
Key Stories Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan opened a two-story flagship on Chicago’s Magnificent Mile that combines everyday Chase banking with J.P. Morgan Private Client services. The bank plans more than 160 new branches and nearly 600 renovations in 2026, supporting deposit gathering, wealth management and cross-selling opportunities. JPMorganChase Opens New Two-Story Magnificent Mile Flagship
- Positive Sentiment: Analyst commentary continues to highlight JPM’s earnings growth and price strength. Wells Fargo said the bank could reach a $1 trillion market capitalization and potentially double that value within seven to eight years, reinforcing the premium investors place on CEO Jamie Dimon’s leadership. Jamie Dimon’s JPMorgan Could Hit $1 Trillion Market Cap
- Positive Sentiment: The bank has launched a program allowing institutional clients to use Bitcoin and Ethereum as collateral for dollar loans. Although substantial haircuts reduce risk, the initiative expands JPMorgan’s digital-asset and lending capabilities.
- Neutral Sentiment: JPMorgan affiliates reduced or exited substantial-holder positions in several Australian companies, including Flight Centre, Lotus Resources and Temple & Webster. These portfolio changes do not appear to materially affect JPM’s operating outlook.
- Neutral Sentiment: JPMorgan ended Polymarket’s banking relationship over regulatory concerns. The move may demonstrate tighter risk controls, but it also highlights compliance exposure in emerging financial markets. JPMorgan Cut Polymarket as Banking Client
- Negative Sentiment: JPMorgan’s warnings that geopolitical tensions, climate risks and possible food inflation could worsen by 2027 point to macroeconomic pressures that could hurt consumer finances, credit quality and investor sentiment.
- Negative Sentiment: Dimon’s lobbying against higher UK bank taxes underscores the risk of increased regulatory and fiscal costs for large financial institutions, although the issue is not specific to JPMorgan’s U.S. operations.
JPMorgan Chase & Co. Trading Down 0.3%
NYSE JPM opened at $361.71 on Tuesday. The stock has a market capitalization of $961.49 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 1.49 and a beta of 0.99. The stock’s 50 day moving average price is $341.12 and its two-hundred day moving average price is $315.99. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The business’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.96 EPS. As a group, analysts anticipate that JPMorgan Chase & Co. will post 24.28 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the transaction, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. This trade represents a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the completion of the sale, the general counsel owned 40,961 shares in the company, valued at $13,547,031.53. The trade was a 11.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 13,435 shares of company stock worth $4,353,502. 0.41% of the stock is currently owned by insiders.
About JPMorgan Chase & Co.
JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.
The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.
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