1,760 JPMorgan Chase & Co. $JPM Shares Acquired by Veracity Capital LLC

Veracity Capital LLC raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 39.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,267 shares of the financial services provider’s stock after buying an additional 1,760 shares during the period. Veracity Capital LLC’s holdings in JPMorgan Chase & Co. were worth $2,073,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Quintet Private Bank Europe S.A. boosted its position in JPMorgan Chase & Co. by 46.2% during the third quarter. Quintet Private Bank Europe S.A. now owns 378,587 shares of the financial services provider’s stock valued at $125,248,000 after purchasing an additional 119,718 shares during the last quarter. Vann Equity Management LLC raised its stake in shares of JPMorgan Chase & Co. by 22.8% during the 3rd quarter. Vann Equity Management LLC now owns 6,087 shares of the financial services provider’s stock worth $2,014,000 after purchasing an additional 1,131 shares in the last quarter. Buska Wealth Management LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at approximately $216,000. Puff Wealth Management LLC boosted its holdings in shares of JPMorgan Chase & Co. by 1.1% in the 3rd quarter. Puff Wealth Management LLC now owns 3,691 shares of the financial services provider’s stock valued at $1,221,000 after buying an additional 41 shares during the last quarter. Finally, Venture Visionary Partners LLC grew its stake in shares of JPMorgan Chase & Co. by 1.1% in the third quarter. Venture Visionary Partners LLC now owns 259,653 shares of the financial services provider’s stock valued at $85,901,000 after buying an additional 2,922 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on JPM. Weiss Ratings raised shares of JPMorgan Chase & Co. from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday, September 2nd. Jefferies Financial Group reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Friday, September 25th. HSBC lifted their price target on JPMorgan Chase & Co. from $369.00 to $377.00 and gave the stock a “hold” rating in a report on Monday, September 28th. Barclays restated an “overweight” rating on shares of JPMorgan Chase & Co. in a research note on Tuesday. Finally, Royal Bank Of Canada raised their price objective on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Fifteen analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $362.88.

Get Our Latest Analysis on JPMorgan Chase & Co.

Insider Activity

In other 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 transaction of $882,025.00. Following the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 insiders.

JPMorgan Chase & Co. Stock Performance

JPM stock traded up $0.96 during trading hours on Thursday, hitting $330.54. 3,915,547 shares of the stock were exchanged, compared to its average volume of 9,207,759. 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. The firm has a market capitalization of $878.65 billion, a P/E ratio of 14.15, a P/E/G ratio of 1.36 and a beta of 1.02. The company has a 50-day simple moving average of $351.12 and a two-hundred day simple moving average of $328.32.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. During the same quarter in the previous year, the business posted $4.96 earnings per share. JPMorgan Chase & Co.’s quarterly revenue was up 27.7% on a year-over-year basis. On average, analysts forecast that JPMorgan Chase & Co. will post 24.16 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be issued a $1.65 dividend. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s payout ratio is presently 28.28%.

More JPMorgan Chase & Co. News

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

  • Positive Sentiment: Strong Q3 earnings expectations: Analysts anticipate solid revenue growth and continued momentum across JPMorgan’s banking businesses. The prior quarter already exceeded consensus estimates, and investors are watching whether investment banking, trading and net interest income can sustain that performance. JPMorgan Q3 Earnings Preview
  • Positive Sentiment: Dividend growth reinforces the investment case: JPMorgan recently raised its dividend by 10%, signaling confidence in earnings power and capital generation. The increase appears manageable relative to the bank’s profitability and could appeal to income-focused investors. JPMorgan Dividend Increase
  • Positive Sentiment: Analyst coverage offers upside: TD Cowen initiated coverage with a “hold” rating but set a $370 price target, implying meaningful upside from recent trading levels. The neutral rating suggests the target is balanced against valuation and execution risks.
  • Positive Sentiment: Business expansion continues: Chase is adding payroll services to its business-banking platform, potentially deepening relationships with small and midsize businesses and creating additional fee revenue opportunities. Chase Adds Payroll
  • Neutral Sentiment: Leadership change in Germany: Eleni Skoura will lead Chase’s Germany business, succeeding Daniel Llano Manibardo. The appointment may support European expansion, but no immediate financial impact was disclosed. JPMorgan Appoints Chase Germany Head
  • Negative Sentiment: Higher long-term yields are a risk: JPMorgan strategists warn that sharply rising 30-year Treasury yields could pressure markets, reduce bond values and weigh on small- and mid-cap borrowers. Broader market volatility could also affect deal activity and credit conditions. JPMorgan Warns on Rising Yields
  • Negative Sentiment: Risks ahead of earnings: Elevated expenses, potential credit deterioration and JPMorgan’s relatively high valuation could limit upside even if headline earnings beat expectations. The U.S. housing market’s affordability problems may also weigh on mortgage activity and consumer credit. JPMorgan Shares Before Q3 Earnings

About JPMorgan Chase & Co.

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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