JPMorgan Chase & Co. $JPM Holdings Lessened by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 175,800 shares of the financial services provider’s stock after selling 1,527 shares during the quarter. JPMorgan Chase & Co. accounts for 3.9% of Levin Capital Strategies L.P.’s investment portfolio, making the stock its 4th largest position. Levin Capital Strategies L.P.’s holdings in JPMorgan Chase & Co. were worth $57,545,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in JPM. Timmons Wealth Management LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth $32,000. MBM Wealth Consultants LLC acquired a new stake in shares of JPMorgan Chase & Co. in the first quarter valued at $29,000. Aventus Investment Advisors Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at $33,000. Finally, Osbon Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Insider Activity

In related news, General Counsel Stacey Friedman sold 5,467 shares of the company’s stock in a transaction that occurred 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 sale, the general counsel directly owned 40,961 shares in the company, valued at approximately $13,547,031.53. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the completion of the sale, the insider directly owned 73,547 shares in the company, valued at approximately $26,580,621.27. This trade represents a 3.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company’s stock.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan’s recent rally has been supported by strong net interest income, investment-banking and trading activity, loan and deposit growth, and a resilient balance sheet. JPM Stock Gains 20.6% in 3 Months: Key Factors to Watch Before Buying
• Positive Sentiment: The bank is pairing planned higher capital returns, including a larger share-repurchase authorization, with continued branch expansion and new physical locations. That combination may reinforce the investment case, although bond issuance will add to funding obligations. How Investors May Respond To JPMorgan Chase Bond Issuance, Branch Expansion and Higher Payouts
• Positive Sentiment: JPMorgan continues developing digital-dollar infrastructure, including stablecoin and tokenized-deposit initiatives. Successful adoption could create longer-term payments and transaction-banking opportunities. How 21 Banks Changed the Conversation Around Stablecoins and Tokenized Deposits
• Neutral Sentiment: JPMorgan’s research remains broadly constructive on global equities, arguing that rising bond yields largely reflect stronger economic activity rather than an immediate threat to stocks. This supports market sentiment but is not a direct earnings catalyst for JPM. Why JPM thinks rising bond yields won’t derail the equity rally
• Negative Sentiment: JPMorgan’s trading desk has shifted to a tactically cautious stance on U.S. equities after hawkish Federal Reserve commentary, citing interest-rate uncertainty and the possibility of an AI-stock unwind. The change may weigh on near-term sentiment toward JPM’s market-sensitive businesses. JPMorgan Turns Tactically Cautious Following Warsh’s Hawkish Jackson Hole Speech
• Negative Sentiment: Higher interest rates can benefit JPMorgan’s interest income, but another increase could pressure revolving-credit borrowers and raise consumer-credit risks. Rising yields may also increase funding costs and reduce the value of fixed-income portfolios. JPMorgan Slips as 60% Hike Odds Cut Both Ways

Analysts Set New Price Targets

Several equities analysts recently issued reports on JPM shares. Barclays increased their target price on JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Wells Fargo & Company lifted their target price on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Citigroup boosted their price target on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a “neutral” rating in a research note on Monday, July 20th. Bank of America increased their price target 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. Finally, Royal Bank Of Canada raised their price objective on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company 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 assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $359.96.

JPMorgan Chase & Co. Trading Down 0.5%

NYSE:JPM opened at $354.38 on Wednesday. The firm has a market cap of $942.01 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 1.46 and a beta of 0.98. The stock has a fifty day moving average price of $348.30 and a 200 day moving average price of $319.37. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month 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 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The firm had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. During the same period in the previous year, the firm posted $4.96 EPS. JPMorgan Chase & Co.’s revenue for the quarter was up 27.7% on a year-over-year basis. Sell-side analysts anticipate that JPMorgan Chase & Co. will post 24.28 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Company 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.