1,812 JPMorgan Chase & Co. $JPM Shares Purchased by Traynor Capital Management Inc.

Traynor Capital Management Inc. increased its position in JPMorgan Chase & Co. (NYSE:JPM) by 3.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,906 shares of the financial services provider’s stock after buying an additional 1,812 shares during the period. JPMorgan Chase & Co. accounts for approximately 0.9% of Traynor Capital Management Inc.’s investment portfolio, making the stock its 21st biggest holding. Traynor Capital Management Inc.’s holdings in JPMorgan Chase & Co. were worth $20,480,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dala Group LLC increased its holdings in JPMorgan Chase & Co. by 0.4% in the 3rd quarter. Dala Group LLC now owns 7,786 shares of the financial services provider’s stock worth $2,576,000 after acquiring an additional 30 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in JPMorgan Chase & Co. by 1.4% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,958,610 shares of the financial services provider’s stock valued at $648,592,000 after acquiring an additional 26,811 shares during the period. Pinkerton Wealth LLC lifted its holdings in JPMorgan Chase & Co. by 1.8% during the third quarter. Pinkerton Wealth LLC now owns 21,901 shares of the financial services provider’s stock valued at $7,246,000 after purchasing an additional 377 shares during the last quarter. Virtue Capital Management LLC lifted its holdings in JPMorgan Chase & Co. by 4.2% during the third quarter. Virtue Capital Management LLC now owns 8,890 shares of the financial services provider’s stock valued at $2,941,000 after purchasing an additional 357 shares during the last quarter. Finally, Greenleaf Trust boosted its position in JPMorgan Chase & Co. by 19.6% during the third quarter. Greenleaf Trust now owns 108,167 shares of the financial services provider’s stock worth $35,785,000 after purchasing an additional 17,736 shares during the period. 71.55% of the stock is owned by institutional investors.

JPMorgan Chase & Co. News Summary

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

• Positive Sentiment: JPMorgan’s disciplined duration management and stable deposits may help protect its balance sheet if rates remain high. However, funding costs and regulatory exposure are still risks. JPM Flags Higher Rate Risks: Can Its Balance Sheet Stay Resilient?
• Positive Sentiment: ETFs bought about $65.6 million of JPM shares on Nov. 4, a supportive demand signal, though one day of flows may not indicate a lasting trend. 42 ETFs Add to JPMorgan Chase (JPM) on Nov. 4
• Neutral Sentiment: JPMorgan’s M&A chief expects a softer 2027, but suggested private-equity firms may eventually need to sell assets, potentially improving exit activity. JPMorgan’s M&A chief sees softer 2027—but a potential upside surprise in private equity exits
• Negative Sentiment: Senate Finance Committee Democrats plan to scrutinize JPMorgan’s relationship with Epstein and how senior executives handled it. The probe could prolong reputational and regulatory uncertainty; the reports do not establish wrongdoing. Democrats to probe JPMorgan’s relationship with Epstein when they take Senate control

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. HSBC lifted their price target on JPMorgan Chase & Co. from $369.00 to $377.00 and gave the company a “hold” rating in a research report on Monday, September 28th. Truist Financial increased their price objective on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the stock a “hold” rating in a report on Wednesday, October 14th. Robert W. Baird raised their target price on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 14th. Citigroup reduced their target price on JPMorgan Chase & Co. from $360.00 to $350.00 and set a “neutral” rating for the company in a report on Thursday, October 15th. Finally, Bank of America lifted their target price on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a “buy” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $368.33.

JPMorgan Chase & Co. Stock Down 0.8%

NYSE JPM traded down $2.67 during mid-day trading on Friday, reaching $334.67. The stock had a trading volume of 7,818,025 shares, compared to its average volume of 6,948,441. The company has a fifty day moving average price of $341.87 and a 200 day moving average price of $323.78. The stock has a market cap of $889.61 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 1.34 and a beta of 1.03. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.94 by ($0.19). The firm had revenue of $50.17 billion during the quarter, compared to analysts’ expectations of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business earned $5.07 earnings per share. On average, research analysts expect that JPMorgan Chase & Co. will post 23.95 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were paid a dividend of $1.65 per share. The ex-dividend date was Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.68%.

Insider Activity

In other news, insider Robin Leopold sold 2,500 shares of the company’s 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 completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a global financial services company serving consumers, businesses, institutional clients and governments. Its operations include consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.

The company offers services such as deposit accounts, credit cards, mortgages, auto financing, lending, payment processing and investment advice. It also provides institutional clients with investment banking, markets, treasury and securities services, and commercial lending.

Headquartered in New York City, JPMorgan Chase serves customers across the United States and operates in many international markets.