JPMorgan Chase & Co. $JPM Stock: Willis Investment Counsel Reduces Holdings

Willis Investment Counsel reduced its position in JPMorgan Chase & Co. (NYSE:JPM) by 24.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 58,998 shares of the financial services provider’s stock after selling 18,800 shares during the period. Willis Investment Counsel’s holdings in JPMorgan Chase & Co. were worth $19,518,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ballast Inc. grew its position in JPMorgan Chase & Co. by 5.1% during the third quarter. Ballast Inc. now owns 16,626 shares of the financial services provider’s stock valued at $5,500,000 after acquiring an additional 809 shares during the period. Invenio Wealth Partners LLC raised its holdings in shares of JPMorgan Chase & Co. by 3.5% in the 3rd quarter. Invenio Wealth Partners LLC now owns 3,831 shares of the financial services provider’s stock worth $1,267,000 after purchasing an additional 129 shares during the period. Net Worth Advisory Group raised its holdings in shares of JPMorgan Chase & Co. by 25.1% in the 3rd quarter. Net Worth Advisory Group now owns 10,238 shares of the financial services provider’s stock worth $3,411,000 after purchasing an additional 2,051 shares during the period. Boyd Wealth Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 2.1% in the 3rd quarter. Boyd Wealth Management LLC now owns 1,641 shares of the financial services provider’s stock worth $543,000 after purchasing an additional 33 shares during the period. Finally, Vision Capital Management Inc. lifted its stake in shares of JPMorgan Chase & Co. by 20.4% in the 3rd quarter. Vision Capital Management Inc. now owns 13,685 shares of the financial services provider’s stock valued at $4,527,000 after purchasing an additional 2,323 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on JPM shares. TD Cowen began coverage on shares of JPMorgan Chase & Co. in a report on Thursday, October 8th. They issued a “hold” rating and a $370.00 price target on the stock. Zacks Research cut shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. HSBC boosted their price objective on shares of JPMorgan Chase & Co. from $369.00 to $377.00 and gave the stock a “hold” rating in a research note on Monday, September 28th. Royal Bank Of Canada reissued an “outperform” rating and issued a $370.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday, October 14th. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $368.10.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: JPMorgan expanded its USD-backed JPM Coin to the public Ethereum mainnet, allowing institutional clients to make on-chain dollar transfers with faster settlement and 24/7 availability. The move could broaden adoption of JPMorgan’s payment infrastructure and strengthen its competitive position in institutional digital assets. JPMorgan Chase Takes JPM Coin to Ethereum for Institutional Payments
• Positive Sentiment: J.P. Morgan Asset Management made its tokenized money-market funds available on Solana for qualified U.S. investors. Multi-chain distribution could expand assets on the firm’s on-chain platform and create longer-term fee and deposit opportunities. J.P. Morgan Asset Management Expands Access to Its Tokenized Money Market Funds on Solana
• Positive Sentiment: JPMorgan, Goldman Sachs and Morgan Stanley reportedly captured nearly 80% of the top-five banks’ equity-trading revenue this year, with activity boosted by institutional demand for leveraged artificial-intelligence trades. Strong trading revenue is a favorable catalyst for JPM’s markets business. Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom
• Positive Sentiment: JPMorgan’s dividend and balance-sheet profile were highlighted favorably among major U.S. banks, reinforcing its reputation as a well-capitalized income investment. These 4 Big Banks Pay Similar Dividends
• Neutral Sentiment: JPMorgan Asset Management forecast a 10% annualized return for Bitcoin over the next 10–15 years, but its 55% volatility means Bitcoin is not being included in the firm’s core portfolio models. The forecast enhances JPM’s digital-assets profile but is not a direct earnings catalyst. JPMorgan Puts a Number on Bitcoin for the First Time
• Negative Sentiment: The bank’s latest quarterly results missed consensus estimates for both earnings per share and revenue, despite year-over-year growth. That performance remains a potential overhang, particularly with the stock trading below its 50-day moving average.

JPMorgan Chase & Co. Price Performance

Shares of NYSE JPM opened at $336.43 on Friday. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $366.50. The business has a 50-day moving average of $346.03 and a 200-day moving average of $331.70. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $894.28 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 1.32 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing the consensus estimate of $5.94 by ($0.19). The company had revenue of $50.17 billion for the quarter, compared to analysts’ expectations of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.07 earnings per share. On average, equities analysts anticipate that JPMorgan Chase & Co. will post 23.99 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared 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 is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.68%.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value 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 trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by company insiders.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.