Financial Consulate Inc. Takes Position in JPMorgan Chase & Co. $JPM

Financial Consulate Inc. bought a new position in JPMorgan Chase & Co. (NYSE:JPM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,511 shares of the financial services provider’s stock, valued at approximately $1,738,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JPM. Harbor Asset Planning Inc. purchased a new position in shares of JPMorgan Chase & Co. in the second quarter valued at about $26,000. Mizuho Securities Co. Ltd. grew its stake in shares of JPMorgan Chase & Co. by 450.0% in the second quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 90 shares during the last quarter. Family Legacy Financial Solutions LLC increased its holdings in JPMorgan Chase & Co. by 92.6% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 50 shares during the period. Ryan Investment Management Inc. bought a new position in JPMorgan Chase & Co. during the 2nd quarter valued at approximately $37,000. Finally, Christopher J. Hasenberg Inc raised its position in JPMorgan Chase & Co. by 212.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 156 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 106 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: Chase will become the new issuer of the Apple Card in a deal reported and confirmed today — a multi-year consumer-deposit and credit relationship that should boost card loans, interchange revenue and deposits over time. This is a clear revenue/scale positive for JPM’s consumer franchise. Chase to become new issuer of Apple Card
• Positive Sentiment: Wall Street bullishness and price-target increases are supporting the stock — several analysts have raised targets and reiterated buy/outperform views ahead of JPM’s Jan. 13 earnings, reinforcing the view that the bank’s profitability and capital position remain strong. Analyst Says JPMorgan Trading At A Discount
• Positive Sentiment: JPMorgan named Sri Kosaraju global chair of investment banking to bolster its healthcare vertical — a senior hire that signals focus on growth in advisory and healthcare M&A, an area that can generate higher-fee revenue. JPMorgan appoints Sri Kosaraju as global chair of investment banking
• Neutral Sentiment: JPMorgan Asset Management has cut ties with external proxy-advisory firms and will use an internal AI system to aggregate and analyze proxy votes. The move highlights JPM’s push to automate and control governance workflows — potential cost and control benefits, but with reputational and implementation risks that investors will watch. JPMorgan’s asset management will no longer use controversial proxy advisors
• Negative Sentiment: Short-term sell pressure and options activity: data aggregators reported notable intraday selling and heavy call/option flows, and Quiver flagged the stock trading down with elevated volume — these flows can amplify intraday declines. $JPM stock is down 3% today
• Negative Sentiment: Some sell-side model updates trimmed near-term EPS forecasts (Zacks and others lowered quarterly/yearly estimates), which can weigh on sentiment heading into the January earnings print. This makes the upcoming Q4 report a focal point for risk. (See Zacks research commentary for estimate changes.)

Analyst Ratings Changes

JPM has been the topic of several research analyst reports. Morgan Stanley set a $331.00 target price on JPMorgan Chase & Co. in a research note on Tuesday, December 9th. UBS Group boosted their price objective on shares of JPMorgan Chase & Co. from $339.00 to $350.00 and gave the company a “buy” rating in a research report on Tuesday, October 7th. Barclays upped their price objective on shares of JPMorgan Chase & Co. from $342.00 to $391.00 and gave the stock an “overweight” rating in a report on Monday. Wolfe Research lowered shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research note on Wednesday. Finally, DZ Bank reissued a “neutral” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 15th. Fourteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $333.90.

Insider Activity

In related news, insider Robin Leopold sold 966 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $311.92, for a total value of $301,314.72. Following the transaction, the insider owned 58,479 shares in the company, valued at $18,240,769.68. The trade was a 1.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.47% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Price Performance

Shares of JPM opened at $327.09 on Thursday. JPMorgan Chase & Co. has a fifty-two week low of $202.16 and a fifty-two week high of $337.25. The firm’s 50-day simple moving average is $314.48 and its two-hundred day simple moving average is $303.73. The stock has a market cap of $890.42 billion, a PE ratio of 16.20, a price-to-earnings-growth ratio of 1.65 and a beta of 1.07. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.86.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Tuesday, October 14th. The financial services provider reported $5.07 EPS for the quarter, topping analysts’ consensus estimates of $4.83 by $0.24. The firm had revenue of $47.12 billion for the quarter, compared to analysts’ expectations of $44.42 billion. JPMorgan Chase & Co. had a return on equity of 17.18% and a net margin of 20.90%.The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.37 EPS. Analysts anticipate that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Tuesday, January 6th will be issued a dividend of $1.50 per share. The ex-dividend date is Tuesday, January 6th. This represents a $6.00 annualized dividend and a dividend yield of 1.8%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 29.72%.

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.