JPMorgan Chase & Co. $JPM Stock: Sanders Capital LLC Decreases Stake

Sanders Capital LLC decreased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.6% during the third quarter, HoldingsChannel reports. The firm owned 3,814,867 shares of the financial services provider’s stock after selling 22,729 shares during the period. JPMorgan Chase & Co. comprises 1.2% of Sanders Capital LLC’s portfolio, making the stock its 27th largest holding. Sanders Capital LLC’s holdings in JPMorgan Chase & Co. were worth $1,262,072,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JPM. Bank of America Corp DE grew its stake in shares of JPMorgan Chase & Co. by 15.8% during the first 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 increased its stake in JPMorgan Chase & Co. by 32,672.0% during 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 purchasing an additional 4,632,891 shares in the last quarter. Jupiter Topco LLC purchased a new position in shares of JPMorgan Chase & Co. in the second quarter worth $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of 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 buying an additional 1,662,250 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its position in shares of JPMorgan Chase & Co. by 22.9% in 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. Institutional investors own 71.55% of the company’s stock.

Wall Street Analysts Forecast Growth

JPM has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price objective on the stock in a report on Wednesday, July 22nd. Weiss Ratings cut shares of JPMorgan Chase & Co. from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, October 23rd. Wall Street Zen lowered shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Saturday. Jefferies Financial Group reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $370.00 price objective on shares of JPMorgan Chase & Co. in a report on Wednesday, October 14th. One 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $368.33.

Insider Activity at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the firm’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 value of $882,025.00. Following the transaction, the insider owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by insiders.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan CEO Jamie Dimon is expected to appear in a livestream with Anthropic CEO Dario Amodei about Anthropic’s planned IPO, which is targeting a very high valuation. The event highlights JPMorgan’s connection to a prominent potential offering, though the report does not establish a specific underwriting role or revenue impact. Article: Anthropic Plans IPO Live Stream With Amodei, JPMorgan CEO Dimon
• Neutral Sentiment: JPMorgan expects mergers and acquisitions to slow in 2027, which could weigh on investment-banking advisory fees. The firm sees private-equity exits as a possible offset, leaving the net effect uncertain. Article: JPM Expects M&A Slowdown in 2027: Can Private Equity Exits Offset?
• Negative Sentiment: JPMorgan and its partners may try to sell about $2 billion of Qualtrics debt at roughly 85 cents on the dollar. If completed at that discount, the sale could crystallize a loss and reflects weaker pricing for software-related debt. Article: JPMorgan May Sell $2 Billion of Qualtrics Debt at About 85 Cents on the Dollar

JPMorgan Chase & Co. Stock Performance

NYSE JPM opened at $342.13 on Wednesday. The stock has a market capitalization of $908.57 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 1.35 and a beta of 1.03. The stock has a 50-day moving average of $341.28 and a 200 day moving average of $324.17. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($0.19). The business 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%. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company earned $5.07 earnings per share. Sell-side analysts anticipate that JPMorgan Chase & Co. will post 23.95 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were paid a dividend of $1.65 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date was Tuesday, October 6th. This represents a $6.60 annualized dividend and a yield of 1.9%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.68%.

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.