JPMorgan Chase & Co. $JPM Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR trimmed its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 1.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 177,397 shares of the financial services provider’s stock after selling 2,418 shares during the period. JPMorgan Chase & Co. accounts for about 1.2% of Generali Asset Management SPA SGR’s investment portfolio, making the stock its 14th largest position. Generali Asset Management SPA SGR’s holdings in JPMorgan Chase & Co. were worth $55,956,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in JPM. Peterson Wealth Advisors LLC increased its stake in shares of JPMorgan Chase & Co. by 1.6% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 2,063 shares of the financial services provider’s stock worth $635,000 after purchasing an additional 33 shares in the last quarter. TradeWell Securities LLC. grew its holdings in JPMorgan Chase & Co. by 0.3% during the 3rd quarter. TradeWell Securities LLC. now owns 12,333 shares of the financial services provider’s stock valued at $3,832,000 after buying an additional 34 shares during the last quarter. Sharkey Howes & Javer grew its holdings in JPMorgan Chase & Co. by 1.9% during the 3rd quarter. Sharkey Howes & Javer now owns 1,785 shares of the financial services provider’s stock valued at $563,000 after buying an additional 34 shares during the last quarter. JFS Wealth Advisors LLC increased its position in JPMorgan Chase & Co. by 0.4% during the second quarter. JFS Wealth Advisors LLC now owns 7,897 shares of the financial services provider’s stock worth $2,290,000 after buying an additional 35 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC raised its holdings in shares of JPMorgan Chase & Co. by 0.9% in the second quarter. Cottonwood Capital Advisors LLC now owns 3,837 shares of the financial services provider’s stock worth $1,112,000 after acquiring an additional 35 shares during the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Price Performance

JPMorgan Chase & Co. stock opened at $330.04 on Friday. JPMorgan Chase & Co. has a 1 year low of $202.16 and a 1 year high of $337.25. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a 50 day moving average price of $314.89 and a 200 day moving average price of $303.91. The company has a market cap of $898.44 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 1.61 and a beta of 1.07.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Tuesday, October 14th. The financial services provider reported $5.07 earnings per share for the quarter, topping analysts’ consensus estimates of $4.83 by $0.24. The company had revenue of $47.12 billion for the quarter, compared to the consensus estimate of $44.42 billion. JPMorgan Chase & Co. had a net margin of 20.90% and a return on equity of 17.18%. JPMorgan Chase & Co.’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm posted $4.37 earnings per share. Sell-side analysts predict that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Investors of record on Tuesday, January 6th will be issued a $1.50 dividend. The ex-dividend date is Tuesday, January 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.8%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 29.72%.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 966 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $311.92, for a total transaction of $301,314.72. Following the completion of the sale, the insider owned 58,479 shares of the company’s stock, valued at approximately $18,240,769.68. The trade was a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on JPM. KGI Securities increased their price objective on JPMorgan Chase & Co. from $300.00 to $315.00 and gave the company a “hold” rating in a research note on Wednesday, October 15th. The Goldman Sachs Group raised their price target on shares of JPMorgan Chase & Co. from $354.00 to $386.00 and gave the stock a “buy” rating in a research note on Tuesday. Evercore ISI lifted their price target on shares of JPMorgan Chase & Co. from $309.00 to $330.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. HSBC reissued a “hold” rating and set a $245.00 price objective on shares of JPMorgan Chase & Co. in a research note on Wednesday. Finally, Barclays raised their target price on shares of JPMorgan Chase & Co. from $342.00 to $391.00 and gave the stock an “overweight” rating in a research report on Monday. Fourteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $333.90.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan will become the new issuer of the Apple Card, adding ~ $20B of card balances and expanding its U.S. credit-card footprint; the transition is expected to take up to 24 months, which supports longer‑term fee income and consumer credit growth. Chase to become new issuer of Apple Card
• Positive Sentiment: Wall Street momentum and higher price targets are supporting the name — several firms (Barclays, Wells Fargo, Evercore and others) have recent buy/overweight calls and the median 6‑month target sits near $340, which underpins investor confidence. Analyst Says JPMorgan Trading At A Discount
• Positive Sentiment: Tech/innovation moves: JPMorgan confirmed plans to deploy a proprietary digital dollar token on a public blockchain and is replacing external proxy advisors with its own AI systems — both signal technology leadership and potential operational/efficiency gains. JPMorgan debuts coin on public blockchain
• Neutral Sentiment: JPMorgan’s asset-management unit is ending ties with major proxy-advisory firms and will use internal AI for voting — a structural change that could reduce fees/costs but draws scrutiny over governance and transition risk. JPMorgan won’t use controversial proxy advisors
• Neutral Sentiment: Takeover of the Apple Card comes with a near‑term accounting hit: reports say JPM may record ~ $2.2B provision in Q4 tied to the transition — a one‑time drag vs. longer‑term revenue upside from the portfolio. JPM to take over Apple Card, plans to record a $2.2B provision
• Negative Sentiment: Insider selling and some institutional rebalancing are visible in recent filings (executive share sales and mixed hedge‑fund flows), which can add short‑term selling pressure. Lobbying/insider trading update (Quiver)
• Negative Sentiment: Some research notes show mixed/trimmed forward EPS estimates from certain providers (Zacks and other outlets flagged revisions), which could temper expectations ahead of JPM’s Q4 report next week. Quiver: Data snapshot and sell pressure

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.