JPMorgan Chase & Co. $JPM Shares Bought by Greenleaf Trust

Greenleaf Trust boosted its stake in JPMorgan Chase & Co. (NYSE:JPM) by 19.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,167 shares of the financial services provider’s stock after buying an additional 17,736 shares during the period. JPMorgan Chase & Co. accounts for 0.4% of Greenleaf Trust’s portfolio, making the stock its 29th biggest holding. Greenleaf Trust’s holdings in JPMorgan Chase & Co. were worth $35,785,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in JPMorgan Chase & Co. by 15.8% during the 1st quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock worth $19,314,681,000 after acquiring an additional 8,941,351 shares during the last quarter. Ascentis Wealth Management LLC grew its stake in shares of JPMorgan Chase & Co. by 32,672.0% in the 2nd quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider’s stock valued at $1,521,126,000 after buying an additional 4,632,891 shares during the period. Jupiter Topco LLC bought a new position in JPMorgan Chase & Co. in the 2nd quarter valued at $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund grew its stake in JPMorgan Chase & Co. by 31.5% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider’s stock valued at $2,042,648,000 after acquiring an additional 1,662,250 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in JPMorgan Chase & Co. by 22.9% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider’s stock valued at $2,625,511,000 after acquiring an additional 1,496,676 shares during the period. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction 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 in the company, 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

Key Headlines Impacting JPMorgan Chase & Co.

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

JPMorgan Chase & Co. Trading Down 0.8%

Shares of JPM opened at $334.67 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The stock’s 50-day moving average price is $341.87 and its 200 day moving average price is $323.78. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50. The firm has a market capitalization of $889.61 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 1.34 and a beta of 1.03.

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

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Investors of record on Tuesday, October 6th were issued a $1.65 dividend. 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 of this dividend was Tuesday, October 6th. JPMorgan Chase & Co.’s payout ratio is currently 27.68%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on JPM shares. Zacks Research lowered JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Citigroup lowered their target price on JPMorgan Chase & Co. from $360.00 to $350.00 and set a “neutral” rating on the stock in a research note on Thursday, October 15th. The Goldman Sachs Group reissued an “outperform” rating and set a $392.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, October 13th. TD Cowen began coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, October 8th. They issued a “hold” rating and a $370.00 target price for the company. Finally, Bank of America raised their target price on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $368.33.

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.