JPMorgan Chase & Co. $JPM is Sara Bay Financial’s 4th Largest Position

Sara Bay Financial decreased its position in JPMorgan Chase & Co. (NYSE:JPM) by 3.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,392 shares of the financial services provider’s stock after selling 2,083 shares during the period. JPMorgan Chase & Co. makes up approximately 5.4% of Sara Bay Financial’s holdings, making the stock its 4th biggest position. Sara Bay Financial’s holdings in JPMorgan Chase & Co. were worth $17,471,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Timmons Wealth Management LLC purchased a new position in JPMorgan Chase & Co. in the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of JPMorgan Chase & Co. in the fourth quarter worth approximately $32,000. Turning Point Benefit Group Inc. bought a new position in JPMorgan Chase & Co. in the 3rd quarter worth $35,000. Osbon Capital Management LLC bought a new position in shares of JPMorgan Chase & Co. in the fourth quarter worth about $35,000. Finally, Merrithew & Thorsten Inc purchased a new stake in JPMorgan Chase & Co. during the 4th quarter valued at approximately $40,000. 71.55% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. UBS Group cut their price target on JPMorgan Chase & Co. from $380.00 to $375.00 in a report on Wednesday, May 6th. Jefferies Financial Group reissued a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Thursday. Royal Bank Of Canada reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Monday, May 4th. Evercore upped their price target on JPMorgan Chase & Co. from $320.00 to $340.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Finally, Daiwa Securities Group reduced their target price on JPMorgan Chase & Co. from $340.00 to $328.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $339.08.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan unveiled a $50 billion share buyback and said it will raise its quarterly dividend to $1.65 from $1.50, a sign of strong capital generation after the bank passed the Federal Reserve’s stress test. JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test
• Positive Sentiment: The Federal Reserve stress test results showed major U.S. banks remain resilient, supporting expectations for higher payouts and signaling JPMorgan has excess capital to return to shareholders. JPMorganChase Announces 2026 Dodd-Frank Act Stress Test Results
• Positive Sentiment: JPMorgan promoted Doug Petno and Troy Rohrbaugh to co-presidents, which helped clarify the CEO succession pipeline and eased uncertainty around the eventual replacement for Jamie Dimon. JPMorgan names Doug Petno, Troy Rohrbaugh as co-presidents
• Neutral Sentiment: JPMorgan also said it will open a private banking office in Hamburg, a modest expansion that points to international wealth-management growth but is unlikely to move the stock on its own. JPMorgan Chase Set to Open Private Banking Office in Hamburg
• Negative Sentiment: News that JPMorgan will lay off nearly 250 employees in North Texas may raise concerns about cost-cutting or restructuring in some business lines, though the financial impact appears limited relative to the bank’s overall scale. JPMorgan Chase to layoff nearly 250 employees in North Texas

JPMorgan Chase & Co. Trading Up 0.5%

Shares of JPM stock opened at $335.01 on Friday. The firm has a market capitalization of $897.67 billion, a P/E ratio of 16.04, a PEG ratio of 1.55 and a beta of 1.00. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $343.45. The stock’s fifty day moving average is $310.99 and its two-hundred day moving average is $308.28. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.86.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.50 by $0.44. The business had revenue of $50.54 billion during the quarter, compared to the consensus estimate of $48.30 billion. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the company earned $5.07 EPS. Research analysts expect that JPMorgan Chase & Co. will post 22.44 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 28.74%.

Insider Activity

In related news, CFO Jeremy Barnum sold 5,611 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $306.55, for a total transaction of $1,720,052.05. Following the sale, the chief financial officer directly owned 35,460 shares in the company, valued at approximately $10,870,263. This represents a 13.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of JPMorgan Chase & Co. stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $300.27, for a total transaction of $1,641,876.36. Following the sale, the general counsel directly owned 46,428 shares of the company’s stock, valued at approximately $13,940,935.56. This trade represents a 10.54% decrease in their ownership of the stock. 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. Over the last quarter, insiders sold 33,623 shares of company stock valued at $10,427,835. 0.41% of the stock is currently owned by company insiders.

About JPMorgan Chase & Co.

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.