JPMorgan Chase & Co. $JPM Shares Sold by Amplius Wealth Advisors LLC

Amplius Wealth Advisors LLC lowered its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 31.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,571 shares of the financial services provider’s stock after selling 3,078 shares during the quarter. Amplius Wealth Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $2,073,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of JPM. CV Advisors LLC acquired a new position in JPMorgan Chase & Co. in the third quarter valued at $209,000. Goldstein Advisors LLC lifted its holdings in shares of JPMorgan Chase & Co. by 1.3% in the 3rd quarter. Goldstein Advisors LLC now owns 4,156 shares of the financial services provider’s stock valued at $1,311,000 after purchasing an additional 55 shares during the last quarter. Investment Planning Advisors Inc. boosted its position in shares of JPMorgan Chase & Co. by 75.7% in the 3rd quarter. Investment Planning Advisors Inc. now owns 2,562 shares of the financial services provider’s stock valued at $808,000 after purchasing an additional 1,104 shares during the period. Mattern Capital Management LLC boosted its position in shares of JPMorgan Chase & Co. by 7.8% in the 3rd quarter. Mattern Capital Management LLC now owns 4,819 shares of the financial services provider’s stock valued at $1,520,000 after purchasing an additional 350 shares during the period. Finally, Bank Pictet & Cie Europe AG grew its stake in JPMorgan Chase & Co. by 0.3% during the 3rd quarter. Bank Pictet & Cie Europe AG now owns 200,297 shares of the financial services provider’s stock worth $63,180,000 after buying an additional 581 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. UBS Group boosted their price objective on JPMorgan Chase & Co. from $339.00 to $350.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Wolfe Research downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research report on Wednesday. KGI Securities raised their price objective on shares of JPMorgan Chase & Co. from $300.00 to $315.00 and gave the stock a “hold” rating in a research report on Wednesday, October 15th. Truist Financial lifted their price objective on shares of JPMorgan Chase & Co. from $330.00 to $331.00 and gave the company a “hold” rating in a research note on Tuesday. Finally, Citigroup increased their target price on shares of JPMorgan Chase & Co. from $275.00 to $325.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 24th. Fourteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $333.90.

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 966 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $311.92, for a total value of $301,314.72. Following the sale, the insider directly owned 58,479 shares in the company, valued at $18,240,769.68. The trade was a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.47% of the stock is currently owned by company insiders.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan will become the new issuer of the Apple Card, adding ~ $20B of card balances and expanding its U.S. credit-card footprint; the transition is expected to take up to 24 months, which supports longer‑term fee income and consumer credit growth. Chase to become new issuer of Apple Card
• Positive Sentiment: Wall Street momentum and higher price targets are supporting the name — several firms (Barclays, Wells Fargo, Evercore and others) have recent buy/overweight calls and the median 6‑month target sits near $340, which underpins investor confidence. Analyst Says JPMorgan Trading At A Discount
• Positive Sentiment: Tech/innovation moves: JPMorgan confirmed plans to deploy a proprietary digital dollar token on a public blockchain and is replacing external proxy advisors with its own AI systems — both signal technology leadership and potential operational/efficiency gains. JPMorgan debuts coin on public blockchain
• Neutral Sentiment: JPMorgan’s asset-management unit is ending ties with major proxy-advisory firms and will use internal AI for voting — a structural change that could reduce fees/costs but draws scrutiny over governance and transition risk. JPMorgan won’t use controversial proxy advisors
• Neutral Sentiment: Takeover of the Apple Card comes with a near‑term accounting hit: reports say JPM may record ~ $2.2B provision in Q4 tied to the transition — a one‑time drag vs. longer‑term revenue upside from the portfolio. JPM to take over Apple Card, plans to record a $2.2B provision
• Negative Sentiment: Insider selling and some institutional rebalancing are visible in recent filings (executive share sales and mixed hedge‑fund flows), which can add short‑term selling pressure. Lobbying/insider trading update (Quiver)
• Negative Sentiment: Some research notes show mixed/trimmed forward EPS estimates from certain providers (Zacks and other outlets flagged revisions), which could temper expectations ahead of JPM’s Q4 report next week. Quiver: Data snapshot and sell pressure

JPMorgan Chase & Co. Stock Up 0.9%

Shares of NYSE:JPM opened at $330.04 on Friday. JPMorgan Chase & Co. has a fifty-two week low of $202.16 and a fifty-two week high of $337.25. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.26. The firm’s 50-day simple moving average is $314.89 and its 200-day simple moving average is $303.91. The company has a market cap of $898.44 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 1.61 and a beta of 1.07.

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

JPMorgan Chase & Co. Dividend Announcement

The firm 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 $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 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.