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

FSM Wealth Advisors LLC cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 11.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,498 shares of the financial services provider’s stock after selling 1,920 shares during the period. FSM Wealth Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $4,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Mountain Hill Investment Partners Corp. acquired a new position in JPMorgan Chase & Co. during the third quarter worth $32,000. Turning Point Benefit Group Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter worth $35,000. Miller Global Investments LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 4th quarter worth $52,000. Collier Financial purchased a new position in shares of JPMorgan Chase & Co. during the 3rd quarter worth $60,000. Finally, Decker Retirement Planning Inc. raised its holdings in shares of JPMorgan Chase & Co. by 56.3% during the 3rd quarter. Decker Retirement Planning Inc. now owns 236 shares of the financial services provider’s stock worth $74,000 after acquiring an additional 85 shares during the period. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Up 2.1%

Shares of NYSE:JPM opened at $316.76 on Tuesday. The business has a 50-day moving average price of $298.54 and a 200 day moving average price of $306.73. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $849.61 billion, a price-to-earnings ratio of 15.17, a PEG ratio of 1.52 and a beta of 1.05. JPMorgan Chase & Co. has a 12-month low of $226.34 and a 12-month high of $337.25.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 EPS for the quarter, beating analysts’ consensus estimates of $5.50 by $0.44. The company had revenue of $50.54 billion for the quarter, compared to analysts’ expectations of $48.30 billion. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. JPMorgan Chase & Co.’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.07 earnings per share. Sell-side analysts expect that JPMorgan Chase & Co. will post 22.34 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Monday, April 6th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, April 6th. JPMorgan Chase & Co.’s payout ratio is 28.74%.

Analyst Ratings Changes

A number of brokerages recently issued reports on JPM. Autonomous Res dropped their price objective on shares of JPMorgan Chase & Co. from $360.00 to $324.00 and set a “neutral” rating for the company in a report on Monday, April 6th. Wall Street Zen raised shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research note on Sunday, January 18th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Tuesday, February 24th. Royal Bank Of Canada reissued an “outperform” rating and issued a $330.00 price target on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 14th. Finally, Wolfe Research downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Fifteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average target price of $336.16.

Insider Transactions at JPMorgan Chase & Co.

In related news, CFO Jeremy Barnum sold 5,611 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $306.55, for a total transaction of $1,720,052.05. Following the completion of the transaction, the chief financial officer owned 35,460 shares of the company’s stock, valued at approximately $10,870,263. This trade represents a 13.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 9,136 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $306.56, for a total transaction of $2,800,732.16. Following the transaction, the chief operating officer directly owned 90,001 shares of the company’s stock, valued at $27,590,706.56. The trade was a 9.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 71,908 shares of company stock worth $22,065,882. 0.47% of the stock is owned by company insiders.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: Analyst lift — Truist raised its price target on JPM to $332 (from $323) and reiterated a Hold after JPM’s strong Q1 results, supporting upside to the share valuation. Truist Lifts PT on JPMorgan Chase & Co. to $332 From $323
• Positive Sentiment: Another price-target upgrade — AmericanBankingNews notes a raised target to $340, reinforcing analyst conviction that JPM’s earnings power and capital returns justify higher valuations. JPMorgan Chase & Co. Price Target Raised to $340.00
• Positive Sentiment: Market leadership — coverage mentions JPM among large-cap drivers lifting the Dow, reflecting the stock’s index weight and its outsized influence on intraday moves. Why the Dow Is Beating the S&P 500 Today
• Neutral Sentiment: Strategic product push — reporting on JPMorgan’s push into tokenized payment rails vs. Citi highlights a long-term revenue opportunity in blockchain-based payments, but adoption and regulatory timing remain uncertain. JPMorgan and Citi Square Off on the Next Payments Frontier
• Neutral Sentiment: Positive analyst narratives — investor write-ups (Zacks and others) continue to flag JPM as a long-term holding based on earnings resilience and capital returns, which supports steady demand from long-only funds. Why JPMorgan Chase & Co. (JPM) is a Top Stock for the Long-Term
• Negative Sentiment: Legal overhang — the U.S. Supreme Court declined to block a class-action alleging municipal bond price-fixing involving major banks, leaving JPM exposed to potential damages and litigation costs. US Supreme Court Lets Muni Bond Price-Fixing Class Action Proceed Against Major Banks
• Negative Sentiment: Management caution — CEO Jamie Dimon’s public warning about credit-cycle risks and not ruling out recession injects macro caution, which could weigh on forward-looking credit and trading revenue expectations. JPMorgan’s CEO has an urgent and concerning message for investors

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.