JPMorgan Chase & Co. $JPM Stock Acquired by Watershed Private Wealth LLC

Watershed Private Wealth LLC boosted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 71.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,944 shares of the financial services provider’s stock after buying an additional 1,642 shares during the period. Watershed Private Wealth LLC’s holdings in JPMorgan Chase & Co. were worth $1,305,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of JPM. Richwood Investment Advisors LLC lifted its stake in JPMorgan Chase & Co. by 7.5% in the third quarter. Richwood Investment Advisors LLC now owns 2,796 shares of the financial services provider’s stock valued at $925,000 after buying an additional 195 shares in the last quarter. Integrity Alliance LLC. boosted its holdings in shares of JPMorgan Chase & Co. by 1.7% in the third quarter. Integrity Alliance LLC. now owns 34,822 shares of the financial services provider’s stock valued at $11,520,000 after buying an additional 569 shares during the period. Integrity Advisory Solutions LLC boosted its holdings in shares of JPMorgan Chase & Co. by 47.2% in the third quarter. Integrity Advisory Solutions LLC now owns 5,988 shares of the financial services provider’s stock valued at $1,981,000 after buying an additional 1,919 shares during the period. Reston Wealth Management LLC increased its position in shares of JPMorgan Chase & Co. by 3.3% during the third quarter. Reston Wealth Management LLC now owns 2,995 shares of the financial services provider’s stock worth $991,000 after acquiring an additional 97 shares in the last quarter. Finally, First Nebraska Trust Co bought a new stake in shares of JPMorgan Chase & Co. during the third quarter worth $12,958,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Stock Up 0.1%

JPM stock opened at $334.67 on Monday. The company has a market cap of $888.75 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 1.32 and a beta of 1.03. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50. The business has a 50 day moving average price of $341.87 and a two-hundred day moving average price of $323.78. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31.

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

JPMorgan Chase & Co. Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Investors of record on Tuesday, October 6th were issued a dividend of $1.65 per share. The ex-dividend date was Tuesday, October 6th. 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 yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio is 27.68%.

Analysts Set New Price Targets

JPM has been the topic of a number of research analyst reports. Morgan Stanley raised their price objective on shares of JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 14th. HSBC upped their target price 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. Barclays increased their target price on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, October 14th. UBS Group lifted their price target on JPMorgan Chase & Co. from $395.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, November 2nd. Finally, Truist Financial boosted their price target on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the company a “hold” rating in a report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $368.33.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the transaction, the insider owned 71,047 shares of the company’s stock, valued at $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. News Summary

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. 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.