Securian Asset Management Inc. decreased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 2.7% in the 2nd quarter, Holdings Channel reports. The firm owned 71,205 shares of the financial services provider’s stock after selling 1,939 shares during the quarter. JPMorgan Chase & Co. comprises about 0.9% of Securian Asset Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Securian Asset Management Inc.’s holdings in JPMorgan Chase & Co. were worth $24,288,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Arkansas Financial Group Inc. grew its position in shares of JPMorgan Chase & Co. by 1.1% during the 2nd quarter. Arkansas Financial Group Inc. now owns 2,667 shares of the financial services provider’s stock valued at $873,000 after buying an additional 30 shares during the last quarter. Sterling Group Wealth Management LLC lifted its holdings in JPMorgan Chase & Co. by 0.8% in the first quarter. Sterling Group Wealth Management LLC now owns 4,020 shares of the financial services provider’s stock worth $1,183,000 after acquiring an additional 33 shares during the last quarter. Vestia Personal Wealth Advisors boosted its stake in JPMorgan Chase & Co. by 2.7% in the fourth quarter. Vestia Personal Wealth Advisors now owns 1,294 shares of the financial services provider’s stock valued at $391,000 after acquiring an additional 34 shares during the period. South Street Advisors LLC boosted its stake in JPMorgan Chase & Co. by 0.4% in the fourth quarter. South Street Advisors LLC now owns 9,421 shares of the financial services provider’s stock valued at $3,036,000 after acquiring an additional 34 shares during the period. Finally, Continental Investors Services Inc. grew its holdings in shares of JPMorgan Chase & Co. by 4.9% during the fourth quarter. Continental Investors Services Inc. now owns 722 shares of the financial services provider’s stock valued at $225,000 after purchasing an additional 34 shares during the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $361.41, for a total transaction of $903,525.00. Following the completion of the transaction, the insider directly 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 value of $1,808,100.91. Following the transaction, the general counsel owned 40,961 shares in the company, valued at approximately $13,547,031.53. This trade represents a 11.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company’s stock.
JPMorgan Chase & Co. Stock Up 0.6%
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. During the same quarter last year, the company earned $4.96 EPS. JPMorgan Chase & Co.’s quarterly revenue was up 27.7% on a year-over-year basis. As a group, research analysts predict that JPMorgan Chase & Co. will post 24.28 earnings per share for the current year.
Wall Street Analysts Forecast Growth
JPM has been the topic of a number of research reports. HSBC increased their price target on JPMorgan Chase & Co. from $288.00 to $312.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Zacks Research upgraded JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $418.00 target price on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Morgan Stanley reiterated a “positive” rating and issued a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target for the company in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $359.96.
Read Our Latest Analysis on JPMorgan Chase & Co.
Key Stories Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: Wells Fargo reportedly sees JPMorgan reaching the historic $1 trillion valuation milestone within days and believes the bank could potentially double its market value over the next seven to eight years. The forecast reinforces the bullish “Jamie premium” surrounding CEO Jamie Dimon’s long-term leadership. Wells Fargo makes aggressive JPMorgan prediction
- Positive Sentiment: Recent analyst commentary highlights JPMorgan’s earnings resilience, broad business mix and price strength versus competitors such as Truist, despite JPM’s less-discounted valuation and lower dividend yield. Its latest quarterly results also showed substantial revenue growth and an earnings beat. JPMorgan vs. Truist
- Positive Sentiment: JPMorgan is expanding its customer and wealth-management footprint, including a new Chicago flagship combining Chase banking with J.P. Morgan Private Client services. The bank plans more than 160 new branches and nearly 600 renovations in 2026, supporting long-term deposit, lending and fee growth. JPMorganChase opens Chicago flagship
- Positive Sentiment: The bank continues developing growth initiatives across blockchain payments, housing finance and institutional lending. It is also reportedly part of a lending syndicate supporting Anthropic’s pre-IPO financing, which could provide investment-banking and financing fees, although the direct earnings impact is unclear. JPMorgan housing, bonds and blockchain expansion
- Neutral Sentiment: J.P. Morgan Life Sciences Private Capital appointed Bruce N. Rogers, Ph.D., as a venture partner. The move strengthens the asset-management unit’s investment expertise but is unlikely to materially affect near-term JPM earnings. J.P. Morgan Life Sciences Private Capital appointment
- Negative Sentiment: Jamie Dimon cautioned the U.K. government against imposing tougher bank taxes, warning that higher costs could reduce financial-sector employment and competitiveness. Similar policy pressure remains a regulatory risk for JPMorgan’s international operations. Dimon cautions against tougher UK bank taxes
- Negative Sentiment: JPMorgan strategists and executives warned of potential global food inflation and questioned whether parts of the artificial-intelligence investment boom resemble the excesses preceding the 2008 housing crash. These warnings could increase investor caution around inflation, credit and market valuations, though they are not direct indications of deterioration at JPMorgan. JPMorgan executive warns on AI boom
JPMorgan Chase & Co. Profile
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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