JPMorgan Chase & Co. $JPM Shares Purchased by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. raised its stake in JPMorgan Chase & Co. (NYSE:JPM) by 4.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 143,121 shares of the financial services provider’s stock after buying an additional 5,647 shares during the quarter. JPMorgan Chase & Co. comprises about 3.5% of Penobscot Investment Management Company Inc.’s portfolio, making the stock its 5th biggest holding. Penobscot Investment Management Company Inc.’s holdings in JPMorgan Chase & Co. were worth $45,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in JPM. Radnor Capital Management LLC lifted its holdings in shares of JPMorgan Chase & Co. by 1.7% in the 3rd quarter. Radnor Capital Management LLC now owns 56,080 shares of the financial services provider’s stock worth $17,689,000 after acquiring an additional 915 shares during the last quarter. BetterWealth LLC purchased a new stake in JPMorgan Chase & Co. in the third quarter valued at approximately $213,000. Moss Adams Wealth Advisors LLC raised its position in JPMorgan Chase & Co. by 1.4% in the third quarter. Moss Adams Wealth Advisors LLC now owns 11,130 shares of the financial services provider’s stock valued at $3,511,000 after purchasing an additional 157 shares during the period. First National Bank Sioux Falls lifted its stake in JPMorgan Chase & Co. by 1.4% during the third quarter. First National Bank Sioux Falls now owns 8,411 shares of the financial services provider’s stock worth $2,653,000 after purchasing an additional 117 shares in the last quarter. Finally, Saxony Capital Management LLC boosted its position in shares of JPMorgan Chase & Co. by 12.0% during the third quarter. Saxony Capital Management LLC now owns 1,402 shares of the financial services provider’s stock worth $442,000 after buying an additional 150 shares during the period. 71.55% of the stock is currently owned by institutional investors and hedge funds.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: Large institutional buying: SG Americas disclosed a big 13F build into JPM (~6.2M shares, ~$2.0B), signaling strong hedge‑fund/institutional demand that supports the stock. Fund Update: SG Americas Securities, LLC Just Disclosed New Holdings
• Positive Sentiment: Apple Card deal: Chase will become the new issuer of the Apple Card, adding ~ $20B of balances and expanding its consumer credit franchise — a longer‑term revenue and deposit win. Chase to become new issuer of Apple Card
• Positive Sentiment: Blockchain product expansion: Kinexys by J.P. Morgan will integrate JPM Coin issuance with Digital Asset’s Canton network — a strategic move that extends JPM’s digital‑asset product footprint and fee opportunities. Kinexys by J.P. Morgan to Integrate Deposit Token With Canton Blockchain
• Positive Sentiment: Geographic opportunity: Coverage notes that JPMorgan is well positioned to capture trade‑finance and lending opportunities as U.S. involvement in Venezuela’s oil sector increases — a potential source of new deals/revenues. Focus: Banks eye Venezuela investment, JPMorgan seen with advantage
• Neutral Sentiment: Analyst tone & upgrades: Several brokers have a constructive view (price‑target increases and upgrades to Hold/Buy), which supports medium‑term valuation thesis ahead of the Jan. 13 Q4 print. Watch post‑earnings guidance for impact. Analyst Says JPMorgan Trading At A Discount…
• Neutral Sentiment: Pre‑earnings uncertainty: Multiple previews and estimate revisions are circulating; trading can be choppy until JPM’s Q4 results and disclosures on credit metrics and expenses are released. JPM Q4 Earnings on Deck
• Negative Sentiment: Near‑term cost/reserve impact from Apple Card transition: reports indicate JPM plans a ~$2.2B provision tied to taking over the Apple Card business, which could weigh on Q4 earnings and near‑term EPS. JPM to Take Over Apple Card, Plans to Record a $2.2B Provision in Q4
• Negative Sentiment: Governance/operational moves: JPMorgan has cut ties with proxy advisers and is deploying an AI voting tool — a controversial governance change that could attract scrutiny and cause short‑term investor discomfort. JPMorgan abandons proxy advisers and turns to AI

Wall Street Analysts Forecast Growth

JPM has been the topic of several research analyst reports. Piper Sandler boosted their price objective on JPMorgan Chase & Co. from $332.00 to $336.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. Royal Bank Of Canada lowered their target price on JPMorgan Chase & Co. from $343.00 to $330.00 and set an “outperform” rating for the company in a report on Friday, December 12th. Daiwa Capital Markets boosted their price target on shares of JPMorgan Chase & Co. from $345.00 to $353.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Keefe, Bruyette & Woods increased their price target on shares of JPMorgan Chase & Co. from $354.00 to $363.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Finally, Hsbc Global Res upgraded shares of JPMorgan Chase & Co. from a “moderate sell” rating to a “hold” rating in a report on Wednesday, January 7th. Fourteen investment analysts have rated the stock with a Buy rating, twelve have issued 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 a consensus rating of “Hold” and a consensus target price of $333.90.

Insider Activity

In related news, insider Robin Leopold sold 966 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $311.92, for a total transaction of $301,314.72. Following the completion of the transaction, the insider owned 58,479 shares in the company, valued at approximately $18,240,769.68. The trade was a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.47% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

Shares of JPMorgan Chase & Co. stock opened at $329.34 on Monday. JPMorgan Chase & Co. has a one year low of $202.16 and a one year high of $337.25. The company has a market cap of $896.55 billion, a PE ratio of 16.31, a P/E/G ratio of 1.61 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. The business has a 50-day simple moving average of $315.25 and a 200-day simple moving average of $304.57.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, October 14th. The financial services provider reported $5.07 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $44.42 billion. During the same quarter last year, the company earned $4.37 earnings per share. The firm’s revenue was up 8.8% compared to the same quarter last year. On average, equities research analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Tuesday, January 6th will be given a dividend of $1.50 per share. 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 payout ratio is 29.72%.

JPMorgan Chase & Co. Company Profile

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.