Sapient Capital LLC Sells 1,907 Shares of JPMorgan Chase & Co. $JPM

Sapient Capital LLC lessened its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 0.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 349,572 shares of the financial services provider’s stock after selling 1,907 shares during the period. JPMorgan Chase & Co. comprises 1.6% of Sapient Capital LLC’s holdings, making the stock its 9th biggest holding. Sapient Capital LLC’s holdings in JPMorgan Chase & Co. were worth $115,649,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of JPM. Brighton Securities CORP. grew its holdings in JPMorgan Chase & Co. by 8.9% during the 3rd quarter. Brighton Securities CORP. now owns 770 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 63 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in shares of JPMorgan Chase & Co. by 5.3% during the third quarter. CoreCap Advisors LLC now owns 34,016 shares of the financial services provider’s stock worth $11,254,000 after purchasing an additional 1,703 shares during the period. Atwood & Palmer Inc. lifted its holdings in shares of JPMorgan Chase & Co. by 29.9% during the third quarter. Atwood & Palmer Inc. now owns 11,431 shares of the financial services provider’s stock worth $3,782,000 after purchasing an additional 2,632 shares during the period. Zevenbergen Capital Investments LLC grew its stake in shares of JPMorgan Chase & Co. by 2.2% in the third quarter. Zevenbergen Capital Investments LLC now owns 29,263 shares of the financial services provider’s stock worth $9,681,000 after purchasing an additional 640 shares during the last quarter. Finally, Artemis Investment Management LLP grew its stake in shares of JPMorgan Chase & Co. by 59.1% in the third quarter. Artemis Investment Management LLP now owns 104,141 shares of the financial services provider’s stock worth $34,453,000 after purchasing an additional 38,677 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Up 0.6%

JPMorgan Chase & Co. stock traded up $2.09 during midday trading on Thursday, reaching $331.67. The stock had a trading volume of 7,942,918 shares, compared to its average volume of 9,228,556. The company has a fifty day moving average price of $350.75 and a two-hundred day moving average price of $328.64. 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 company has a market capitalization of $881.63 billion, a P/E ratio of 14.21, a PEG ratio of 1.36 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The firm had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. During the same quarter last year, the firm posted $4.96 earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. As a group, equities analysts expect that JPMorgan Chase & Co. will post 24.16 EPS 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. Stockholders of record on Tuesday, October 6th will be issued a dividend of $1.65 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio is 28.28%.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan is scheduled to report third-quarter results on Oct. 13. Analysts expect solid revenue growth, and previews point to continued strength in investment banking and broader banking activity. JPMorgan Q3 earnings preview
• Positive Sentiment: TD Cowen initiated coverage with a “hold” rating and a $370 price target, implying meaningful potential upside from the referenced share price. The target provides valuation support, although the neutral rating signals limited conviction. TD Cowen coverage report
• Positive Sentiment: The bank’s recently announced 10% dividend increase reinforces confidence in capital generation and gives income-focused investors an additional reason to hold the stock. JPMorgan dividend increase
• Positive Sentiment: Chase is expanding its business-banking franchise with a payroll offering, potentially increasing client relationships, fee revenue and deposits over time. Chase adds payroll services
• Neutral Sentiment: JPMorgan continues to rank highly for artificial-intelligence capabilities and is directing a large technology budget toward productivity improvements. However, the timing and scale of returns from that spending remain uncertain. JPMorgan AI ranking
• Neutral Sentiment: Eleni Skoura was appointed head of Chase Germany, a routine leadership transition with limited immediate financial impact. Chase Germany leadership appointment
• Negative Sentiment: JPMorgan strategists warn that rapidly rising long-term Treasury yields—approaching 6% for 30-year bonds—reflect fiscal and debt concerns and can pressure markets, increase funding costs and weaken credit demand. JPMorgan bond-yield warning
• Negative Sentiment: Pre-earnings commentary highlights elevated expenses, potential credit deterioration and JPMorgan’s relatively rich valuation as risks to near-term performance. Housing affordability is also near financial-crisis lows, raising concerns about a frozen housing market and future loan demand. JPMorgan pre-earnings analysis

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Keefe, Bruyette & Woods raised their target price on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Bank of America upped their price target on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Evercore restated an “outperform” rating and set a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Weiss Ratings upgraded JPMorgan Chase & Co. from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday, September 2nd. Finally, Royal Bank Of Canada increased 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 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $362.88.

Insider Activity at JPMorgan Chase & Co.

In related 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 value of $882,025.00. Following the sale, the insider owned 71,047 shares in the company, valued at $25,066,092.07. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by insiders.

About JPMorgan Chase & Co.

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.