JPMorgan Chase & Co. $JPM Position Trimmed by Advanced Asset Management Advisors Inc

Advanced Asset Management Advisors Inc trimmed its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 19.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,977 shares of the financial services provider’s stock after selling 7,300 shares during the period. JPMorgan Chase & Co. accounts for 2.7% of Advanced Asset Management Advisors Inc’s portfolio, making the stock its 14th biggest position. Advanced Asset Management Advisors Inc’s holdings in JPMorgan Chase & Co. were worth $9,981,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of JPM. Howard Capital Management Inc. increased its holdings in shares of JPMorgan Chase & Co. by 18.2% in the 4th quarter. Howard Capital Management Inc. now owns 25,784 shares of the financial services provider’s stock worth $8,308,000 after acquiring an additional 3,976 shares during the period. Andra AP fonden boosted its stake in JPMorgan Chase & Co. by 3.2% during the 3rd quarter. Andra AP fonden now owns 107,700 shares of the financial services provider’s stock valued at $33,972,000 after purchasing an additional 3,300 shares during the period. Newbridge Financial Services Group Inc. grew its position in JPMorgan Chase & Co. by 51.7% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 8,883 shares of the financial services provider’s stock worth $2,862,000 after purchasing an additional 3,027 shares during the last quarter. Banco Santander S.A. grew its position in JPMorgan Chase & Co. by 9.0% in the 3rd quarter. Banco Santander S.A. now owns 452,612 shares of the financial services provider’s stock worth $142,767,000 after purchasing an additional 37,550 shares during the last quarter. Finally, Brighton Jones LLC increased its stake in shares of JPMorgan Chase & Co. by 11.0% in the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock valued at $11,682,000 after purchasing an additional 4,841 shares during the period. 71.55% of the stock is currently owned by institutional investors.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan is pushing deeper into fintech-style banking to attract Gen Z customers, rolling out low-fee Chase accounts and an upgraded app aimed at winning 30 million new-to-banking users. Article Title
• Positive Sentiment: JPMorgan also continued to highlight opportunities in global markets, including a more constructive view on Asian tech and KOSPI exposure tied to the AI and memory-cycle boom, reinforcing the firm’s strong research franchise. Article Title
• Neutral Sentiment: JPMorgan’s analysts issued several high-profile calls on other companies, including a new hold on Oklo and a lower price target on McDonald’s, keeping the bank visible in the market but not directly changing JPM’s earnings outlook. Article Title
• Neutral Sentiment: Separately, commentary from JPMorgan strategists warned that inflation, geopolitical fragmentation, and oil-price shocks remain key market risks, which may support a cautious tone toward financial stocks. Article Title
• Negative Sentiment: A JPMorgan-led lender group reduced a credit facility for troubled FS KKR Capital and raised borrowing costs, a reminder that credit stress in private markets could be a headwind for the broader lending environment. Article Title
• Negative Sentiment: Investor speculation about whether Jamie Dimon could eventually step down also hovered over the stock, creating some governance and succession uncertainty for JPMorgan Chase & Co. Article Title

JPMorgan Chase & Co. Trading Down 0.8%

Shares of JPM stock opened at $299.75 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.30. The stock has a 50-day simple moving average of $299.53 and a 200 day simple moving average of $307.27. JPMorgan Chase & Co. has a fifty-two week low of $256.00 and a fifty-two week high of $337.25. The stock has a market capitalization of $803.18 billion, a P/E ratio of 14.36, a P/E/G ratio of 1.47 and a beta of 1.03.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, beating the consensus estimate of $5.50 by $0.44. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. The company had revenue of $50.54 billion during the quarter, compared to analyst estimates of $48.30 billion. During the same quarter last year, the firm posted $5.07 EPS. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, sell-side analysts expect that JPMorgan Chase & Co. will post 22.42 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Monday, April 6th were given a $1.50 dividend. The ex-dividend date was Monday, April 6th. This represents a $6.00 annualized dividend and a yield of 2.0%. JPMorgan Chase & Co.’s payout ratio is 28.74%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on JPM. Royal Bank Of Canada reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Monday, May 4th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a research note on Monday, May 4th. Wall Street Zen upgraded JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research report on Sunday, January 18th. CICC Research started coverage on JPMorgan Chase & Co. in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $355.00 price target for the company. Finally, Truist Financial raised their price target on JPMorgan Chase & Co. from $323.00 to $332.00 and gave the company a “hold” rating in a report on Wednesday, April 15th. Fifteen research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $338.12.

Insider Transactions at JPMorgan Chase & Co.

In related news, COO Jennifer Piepszak sold 9,136 shares of JPMorgan Chase & Co. stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $306.56, for a total value of $2,800,732.16. Following the transaction, the chief operating officer directly owned 90,001 shares in the company, valued at $27,590,706.56. The trade was a 9.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 433 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $295.06, for a total value of $127,760.98. Following the sale, the insider directly owned 64,920 shares in the company, valued at $19,155,295.20. This trade represents a 0.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 79,849 shares of company stock valued at $24,522,956 in the last 90 days. 0.41% of the stock is owned by corporate insiders.

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.