Third View Private Wealth LLC Sells 1,640 Shares of JPMorgan Chase & Co. $JPM

Third View Private Wealth LLC trimmed its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 6.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,135 shares of the financial services provider’s stock after selling 1,640 shares during the period. JPMorgan Chase & Co. makes up approximately 0.9% of Third View Private Wealth LLC’s holdings, making the stock its 24th largest holding. Third View Private Wealth LLC’s holdings in JPMorgan Chase & Co. were worth $7,654,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Provenance Wealth Advisors LLC lifted its stake in JPMorgan Chase & Co. by 1,775.9% during the third quarter. Provenance Wealth Advisors LLC now owns 27,370 shares of the financial services provider’s stock worth $9,055,000 after purchasing an additional 25,911 shares during the period. Ackerman Capital Advisors LLC raised its holdings in shares of JPMorgan Chase & Co. by 6.0% in the 3rd quarter. Ackerman Capital Advisors LLC now owns 3,603 shares of the financial services provider’s stock worth $1,192,000 after buying an additional 205 shares in the last quarter. Hughes Financial Services LLC raised its holdings in shares of JPMorgan Chase & Co. by 1.2% in the 3rd quarter. Hughes Financial Services LLC now owns 3,756 shares of the financial services provider’s stock worth $1,290,000 after buying an additional 43 shares in the last quarter. Lyell Wealth Management LP lifted its position in shares of JPMorgan Chase & Co. by 0.3% during the 3rd quarter. Lyell Wealth Management LP now owns 103,848 shares of the financial services provider’s stock worth $34,356,000 after buying an additional 274 shares during the period. Finally, Associated Banc Corp bought a new position in shares of JPMorgan Chase & Co. during the 3rd quarter worth approximately $119,276,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Insider Activity at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the stock in a transaction 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 sale, the insider owned 71,047 shares in the company, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.

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. Stock Up 0.1%

NYSE JPM opened at $334.67 on Monday. The firm has a market cap of $888.75 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The stock’s 50 day simple moving average is $341.87 and its 200 day simple moving average is $323.78. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly 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). JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. During the same period in the prior year, the business earned $5.07 earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. As a group, sell-side analysts forecast that JPMorgan Chase & Co. will post 23.95 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were paid 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 yield of 2.0%. The ex-dividend date of this dividend was Tuesday, October 6th. JPMorgan Chase & Co.’s payout ratio is presently 27.68%.

Wall Street Analysts Forecast Growth

JPM has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a research note on Wednesday, July 22nd. Bank of America boosted their target price on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. The Goldman Sachs Group reaffirmed an “outperform” rating and issued a $392.00 target price on shares of JPMorgan Chase & Co. in a report on Tuesday, October 13th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, October 14th. Finally, Citigroup dropped their target price on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set a “neutral” rating for the company in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $368.33.

JPMorgan Chase & Co. 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.