North Dakota State Investment Board lifted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 3.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 81,895 shares of the financial services provider’s stock after acquiring an additional 3,075 shares during the period. JPMorgan Chase & Co. makes up about 1.1% of North Dakota State Investment Board’s investment portfolio, making the stock its 17th biggest position. North Dakota State Investment Board’s holdings in JPMorgan Chase & Co. were worth $27,093,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of JPM. Lynx Investment Advisory raised its position in JPMorgan Chase & Co. by 9.9% in the 3rd quarter. Lynx Investment Advisory now owns 5,498 shares of the financial services provider’s stock valued at $1,819,000 after purchasing an additional 493 shares during the last quarter. Financial Insights Inc. lifted its holdings in JPMorgan Chase & Co. by 4.1% in the third quarter. Financial Insights Inc. now owns 3,215 shares of the financial services provider’s stock valued at $1,064,000 after buying an additional 126 shares during the period. Prism Planning Partners LLC boosted its position in shares of JPMorgan Chase & Co. by 5.3% in the 3rd quarter. Prism Planning Partners LLC now owns 1,099 shares of the financial services provider’s stock worth $364,000 after purchasing an additional 55 shares during the last quarter. Sigma Investment Counselors Inc. raised its position in shares of JPMorgan Chase & Co. by 10.4% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 50,594 shares of the financial services provider’s stock valued at $16,738,000 after acquiring an additional 4,784 shares during the period. Finally, Victory Financial Group LLC increased its position in shares of JPMorgan Chase & Co. by 84.0% in the 3rd quarter. Victory Financial Group LLC now owns 9,339 shares of the financial services provider’s stock valued at $3,090,000 after buying an additional 4,264 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors.
Key JPMorgan Chase & Co. News
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: UBS raised its price target to $400 and reiterated a “buy” rating, implying approximately 17.4% upside from the referenced share price. The upgrade reflects continued confidence in JPMorgan’s earnings power and franchise strength.
- Positive Sentiment: JPMorgan is among major banks with substantial stock-repurchase programs. Buybacks can support earnings per share and shareholder returns, although the bank is balancing repurchases against investments in its businesses and client support. 3 Bank Stocks With Buyback Plans of at Least $30 Billion Worth a Look
- Positive Sentiment: ETFs recorded a net $83.1 million inflow into JPMorgan shares on October 29, with 40 funds buying and 15 selling. The flow indicates supportive institutional demand, though it is a short-term trading signal. ETFs Bought $83.1 Million of JPMorgan on Oct. 29
- Positive Sentiment: JPMorgan continues expanding its digital-asset and technology capabilities. Its involvement in tokenized funds and stablecoin-related infrastructure could create longer-term growth opportunities, while the appointment of a data-infrastructure chief supports AI and digital-banking initiatives. Blackrock, JPMorgan and Visa Bolster Grayscale’s Crypto Growth Case
- Neutral Sentiment: JPMorgan strategists expect renewed geopolitical risk after the U.S. midterm elections but view any market selloff as a potential buying opportunity. This could support JPM sentiment if investors favor large, diversified banks during volatility. Post-midterm geopolitical risks could create another buying opportunity
- Negative Sentiment: JPMorgan’s latest quarterly earnings missed consensus estimates, with earnings per share of $5.75 versus $5.94 expected and revenue of $50.17 billion versus $51.23 billion expected. Management’s decision to reduce buybacks while increasing investment could pressure near-term per-share returns, despite a higher 2026 net-interest-income outlook. Learn Why The Bull Case For JPMorgan Chase Stock Could Change Following Earnings Miss
JPMorgan Chase & Co. Trading Up 1.1%
Shares of JPM stock opened at $340.75 on Tuesday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The company has a market cap of $905.79 billion, a PE ratio of 14.29, a P/E/G ratio of 1.34 and a beta of 1.02. The stock’s fifty day moving average price is $343.12 and its two-hundred day moving average price is $323.13.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts’ consensus estimates of $5.94 by ($0.19). The company had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.07 earnings per share. Equities analysts predict that JPMorgan Chase & Co. will post 23.97 EPS for the current fiscal year.
JPMorgan Chase & Co. Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th were issued a dividend of $1.65 per share. This represents a $6.60 annualized dividend and a dividend yield of 1.9%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date was Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.68%.
Insider Transactions at JPMorgan Chase & Co.
In related news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction that occurred on 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 owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 company insiders.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Freedom Broker raised JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 15th. Morgan Stanley lifted their target price on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 14th. Bank of America raised their target price on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Barclays boosted their price objective on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, October 14th. Finally, Wells Fargo & Company lifted their price target on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and a consensus target price of $368.33.
View Our Latest Analysis on JPM
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, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.
Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.
JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.
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