JPMorgan Chase & Co. $JPM Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,205 shares of the financial services provider’s stock after selling 1,939 shares during the period. JPMorgan Chase & Co. makes up about 0.9% of Securian Asset Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Securian Asset Management Inc.’s holdings in JPMorgan Chase & Co. were worth $24,288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Apollon Financial LLC lifted its stake in shares of JPMorgan Chase & Co. by 1.3% during the second quarter. Apollon Financial LLC now owns 14,617 shares of the financial services provider’s stock worth $4,785,000 after purchasing an additional 185 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 1.0% during the 2nd quarter. Apollon Wealth Management LLC now owns 221,179 shares of the financial services provider’s stock valued at $72,398,000 after buying an additional 2,099 shares during the period. Meridian Investment Counsel Inc. lifted its position in JPMorgan Chase & Co. by 1.0% during the 2nd quarter. Meridian Investment Counsel Inc. now owns 8,925 shares of the financial services provider’s stock worth $2,921,000 after acquiring an additional 90 shares in the last quarter. Oakworth Capital Inc. lifted its position in JPMorgan Chase & Co. by 1.4% during the 2nd quarter. Oakworth Capital Inc. now owns 203,525 shares of the financial services provider’s stock worth $67,090,000 after acquiring an additional 2,802 shares in the last quarter. Finally, Capital Management Associates Inc boosted its holdings in JPMorgan Chase & Co. by 1.9% in the 2nd quarter. Capital Management Associates Inc now owns 3,325 shares of the financial services provider’s stock worth $1,088,000 after acquiring an additional 63 shares during the period. 71.55% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on JPM. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $418.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Royal Bank Of Canada upped their target price on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Wells Fargo & Company raised their price target on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a report on Friday. Jefferies Financial Group set a $350.00 price target on shares of JPMorgan Chase & Co. in a research note on Tuesday, July 14th. Finally, Citigroup boosted their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a “neutral” rating in a report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $359.96.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: Wells Fargo reportedly sees JPMorgan reaching the historic $1 trillion valuation milestone within days and believes the bank could potentially double its market value over the next seven to eight years. The forecast reinforces the bullish “Jamie premium” surrounding CEO Jamie Dimon’s long-term leadership. Wells Fargo makes aggressive JPMorgan prediction
• Positive Sentiment: Recent analyst commentary highlights JPMorgan’s earnings resilience, broad business mix and price strength versus competitors such as Truist, despite JPM’s less-discounted valuation and lower dividend yield. Its latest quarterly results also showed substantial revenue growth and an earnings beat. JPMorgan vs. Truist
• Positive Sentiment: JPMorgan is expanding its customer and wealth-management footprint, including a new Chicago flagship combining Chase banking with J.P. Morgan Private Client services. The bank plans more than 160 new branches and nearly 600 renovations in 2026, supporting long-term deposit, lending and fee growth. JPMorganChase opens Chicago flagship
• Positive Sentiment: The bank continues developing growth initiatives across blockchain payments, housing finance and institutional lending. It is also reportedly part of a lending syndicate supporting Anthropic’s pre-IPO financing, which could provide investment-banking and financing fees, although the direct earnings impact is unclear. JPMorgan housing, bonds and blockchain expansion
• Neutral Sentiment: J.P. Morgan Life Sciences Private Capital appointed Bruce N. Rogers, Ph.D., as a venture partner. The move strengthens the asset-management unit’s investment expertise but is unlikely to materially affect near-term JPM earnings. J.P. Morgan Life Sciences Private Capital appointment
• Negative Sentiment: Jamie Dimon cautioned the U.K. government against imposing tougher bank taxes, warning that higher costs could reduce financial-sector employment and competitiveness. Similar policy pressure remains a regulatory risk for JPMorgan’s international operations. Dimon cautions against tougher UK bank taxes
• Negative Sentiment: JPMorgan strategists and executives warned of potential global food inflation and questioned whether parts of the artificial-intelligence investment boom resemble the excesses preceding the 2008 housing crash. These warnings could increase investor caution around inflation, credit and market valuations, though they are not direct indications of deterioration at JPMorgan. JPMorgan executive warns on AI boom

JPMorgan Chase & Co. Stock Performance

JPMorgan Chase & Co. stock opened at $363.30 on Wednesday. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week 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 stock has a market cap of $965.71 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 1.49 and a beta of 0.99. The stock has a 50 day moving average of $342.14 and a 200-day moving average of $316.43.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. The business had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The business’s revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.96 earnings per share. On average, analysts expect that JPMorgan Chase & Co. will post 24.28 EPS for the current fiscal year.

Insider Activity

In other news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the sale, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the completion of the sale, the general counsel owned 40,961 shares in the company, valued at approximately $13,547,031.53. This trade represents a 11.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. 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.