JPMorgan Chase & Co. $JPM is Cottage Street Advisors LLC’s 6th Largest Position

Cottage Street Advisors LLC trimmed its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 6.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,184 shares of the financial services provider’s stock after selling 1,943 shares during the quarter. JPMorgan Chase & Co. accounts for 4.1% of Cottage Street Advisors LLC’s holdings, making the stock its 6th largest holding. Cottage Street Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $9,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Danske Bank A S acquired a new position in shares of JPMorgan Chase & Co. during the third quarter worth about $696,885,000. Holocene Advisors LP increased its stake in shares of JPMorgan Chase & Co. by 1,033.3% during the third quarter. Holocene Advisors LP now owns 2,155,120 shares of the financial services provider’s stock worth $679,790,000 after buying an additional 1,964,958 shares during the period. Viking Global Investors LP raised its holdings in JPMorgan Chase & Co. by 86.1% in the second quarter. Viking Global Investors LP now owns 4,042,034 shares of the financial services provider’s stock valued at $1,171,826,000 after acquiring an additional 1,870,386 shares in the last quarter. California Public Employees Retirement System raised its holdings in JPMorgan Chase & Co. by 19.6% in the third quarter. California Public Employees Retirement System now owns 6,615,749 shares of the financial services provider’s stock valued at $2,086,806,000 after acquiring an additional 1,082,913 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in JPMorgan Chase & Co. by 3.3% in the third quarter. Legal & General Group Plc now owns 18,908,978 shares of the financial services provider’s stock worth $5,964,459,000 after acquiring an additional 607,025 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on JPM shares. Zacks Research downgraded shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 8th. DZ Bank reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, April 15th. Truist Financial boosted their target price on shares of JPMorgan Chase & Co. from $323.00 to $332.00 and gave the stock a “hold” rating in a research note on Wednesday, April 15th. HSBC dropped their target price on JPMorgan Chase & Co. from $319.00 to $288.00 and set a “hold” rating on the stock in a report on Wednesday, April 1st. Finally, Daiwa Securities Group cut their price target on JPMorgan Chase & Co. from $340.00 to $328.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Fifteen research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $336.16.

Insider Buying and Selling

In other news, COO Jennifer Piepszak sold 9,136 shares of JPMorgan Chase & Co. stock in a transaction dated 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 sale, the chief operating officer owned 90,001 shares in the company, valued at approximately $27,590,706.56. The trade was a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 433 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $295.06, for a total value of $127,760.98. Following the completion of the sale, the insider directly owned 64,920 shares of the company’s stock, valued at $19,155,295.20. The trade was a 0.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 71,908 shares of company stock valued at $22,065,882 over the last ninety days. Company insiders own 0.47% of the company’s stock.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: Evercore ISI raised its JPM price target to $340, citing exceptional Q1 results and stronger-than-expected performance — a bullish analyst signal that supports upside expectations. Evercore ISI Boosts JPMorgan Chase & Co. (JPM) Valuation to $340
• Positive Sentiment: JPMorgan’s asset-management arm is ramping a private-credit push that will deploy “tens of billions” into loans sourced by commercial bankers — this could lift fee income and diversify higher‑margin lending. JPMorgan Readies Fresh Private Credit Push After Needling Market
• Positive Sentiment: JPMorgan is close to arranging a record ~$38B loan for Oracle’s data-center buildout — a large syndicated deal that generates fees and strengthens corporate banking relationships. JPMorgan Chase & Co. (JPM) Closing in on Record $38B Oracle Data Center Loan
• Positive Sentiment: JPMorganChase expanded its Security and Resilience Initiative into Continental Europe, signaling growth in client advisory and financing work tied to critical industries. JPMorganChase Extends Critical Industries Investment Program to Continental Europe
• Neutral Sentiment: JPMorgan issued $10 billion in registered public debt — a financing move that boosts liquidity/capital flexibility but increases liabilities; impact on EPS and capital ratios should be modest/managed. JPMorgan Chase Issues $10 Billion in New Debt
• Neutral Sentiment: JPMorgan/affiliates reduced reported holdings in smaller names (West African Resources, a2 Milk) — routine portfolio rebalancing with limited read-through to JPM’s core franchise. JPMorgan Ceases to Be Substantial Holder in West African Resources
• Negative Sentiment: JPMorgan warned investors as a fresh wave of crypto/DeFi exploits has triggered large withdrawals and a flight to safety — increased risk aversion can pressure trading revenues, market-related fees and investor flows. JPMorgan issues blunt warning as investors move to safety

JPMorgan Chase & Co. Stock Down 0.4%

JPM stock opened at $311.91 on Friday. The stock has a market cap of $836.62 billion, a P/E ratio of 14.94, a PEG ratio of 1.53 and a beta of 1.05. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a twelve month low of $237.58 and a twelve month high of $337.25. The company’s 50 day moving average is $298.67 and its two-hundred day moving average is $306.84.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.50 by $0.44. The business had revenue of $50.54 billion during 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%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.07 EPS. Research analysts expect that JPMorgan Chase & Co. will post 22.34 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

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

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.