Farther Finance Advisors LLC Buys 33,495 Shares of JPMorgan Chase & Co. $JPM

Farther Finance Advisors LLC grew its stake in JPMorgan Chase & Co. (NYSE:JPM) by 20.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 200,767 shares of the financial services provider’s stock after purchasing an additional 33,495 shares during the period. Farther Finance Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $66,420,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of JPM. Bank of America Corp DE lifted its position in shares of JPMorgan Chase & Co. by 15.8% during the 1st quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock worth $19,314,681,000 after buying an additional 8,941,351 shares during the period. Ascentis Wealth Management LLC grew its position in JPMorgan Chase & Co. by 32,672.0% in the second quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider’s stock valued at $1,521,126,000 after acquiring an additional 4,632,891 shares during the period. Jupiter Topco LLC bought a new stake in JPMorgan Chase & Co. in the second quarter valued at $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund raised its stake in JPMorgan Chase & Co. by 31.5% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider’s stock worth $2,042,648,000 after acquiring an additional 1,662,250 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in JPMorgan Chase & Co. by 22.9% during the second quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider’s stock worth $2,625,511,000 after acquiring an additional 1,496,676 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by corporate insiders.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan is scheduled to report third-quarter results on Oct. 13. Analysts expect solid revenue growth, and previews point to continued strength in investment banking and broader banking activity. JPMorgan Q3 earnings preview
• Positive Sentiment: TD Cowen initiated coverage with a “hold” rating and a $370 price target, implying meaningful potential upside from the referenced share price. The target provides valuation support, although the neutral rating signals limited conviction. TD Cowen coverage report
• Positive Sentiment: The bank’s recently announced 10% dividend increase reinforces confidence in capital generation and gives income-focused investors an additional reason to hold the stock. JPMorgan dividend increase
• Positive Sentiment: Chase is expanding its business-banking franchise with a payroll offering, potentially increasing client relationships, fee revenue and deposits over time. Chase adds payroll services
• Neutral Sentiment: JPMorgan continues to rank highly for artificial-intelligence capabilities and is directing a large technology budget toward productivity improvements. However, the timing and scale of returns from that spending remain uncertain. JPMorgan AI ranking
• Neutral Sentiment: Eleni Skoura was appointed head of Chase Germany, a routine leadership transition with limited immediate financial impact. Chase Germany leadership appointment
• Negative Sentiment: JPMorgan strategists warn that rapidly rising long-term Treasury yields—approaching 6% for 30-year bonds—reflect fiscal and debt concerns and can pressure markets, increase funding costs and weaken credit demand. JPMorgan bond-yield warning
• Negative Sentiment: Pre-earnings commentary highlights elevated expenses, potential credit deterioration and JPMorgan’s relatively rich valuation as risks to near-term performance. Housing affordability is also near financial-crisis lows, raising concerns about a frozen housing market and future loan demand. JPMorgan pre-earnings analysis

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. HSBC lifted their price objective on JPMorgan Chase & Co. from $369.00 to $377.00 and gave the company a “hold” rating in a report on Monday, September 28th. Keefe, Bruyette & Woods increased their target price on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Truist Financial lifted their price target on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a report on Wednesday, July 15th. Robert W. Baird boosted their price target on shares of JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Finally, Wells Fargo & Company boosted 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 report on Friday, August 14th. Fifteen equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and a consensus target price of $362.88.

JPMorgan Chase & Co. Price Performance

JPMorgan Chase & Co. stock traded up $2.09 on Thursday, reaching $331.67. The company’s stock had a trading volume of 7,942,918 shares, compared to its average volume of 9,228,556. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $881.63 billion, a price-to-earnings ratio of 14.21, a PEG ratio of 1.36 and a beta of 1.02. The business’s fifty day moving average price is $351.12 and its 200 day moving average price is $328.32. 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, 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 company had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. During the same quarter in the prior year, the business earned $4.96 earnings per share. The business’s revenue for the quarter was up 27.7% on a year-over-year basis. Equities analysts expect that JPMorgan Chase & Co. will post 24.16 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be given a dividend of $1.65 per share. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 annualized dividend and a yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio is currently 28.28%.

About JPMorgan Chase & Co.

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.