Frisch Financial Group Inc. Has $10.76 Million Position in JPMorgan Chase & Co. $JPM

Frisch Financial Group Inc. cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 4.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,575 shares of the financial services provider’s stock after selling 1,537 shares during the quarter. JPMorgan Chase & Co. makes up approximately 2.2% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 14th largest holding. Frisch Financial Group Inc.’s holdings in JPMorgan Chase & Co. were worth $10,759,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Timmons Wealth Management LLC bought a new position in JPMorgan Chase & Co. in the 4th quarter valued at about $27,000. MBM Wealth Consultants LLC bought a new stake in shares of JPMorgan Chase & Co. during the first quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $32,000. Osbon Capital Management LLC bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $35,000. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of JPMorgan Chase & Co. in the third quarter valued at approximately $35,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: KBW’s Matthew Kelley initiated coverage with a Buy rating and a $384 price target, citing JPMorgan’s strong capital position, diversified revenue streams, and attractive upside potential. Article: Analyst Matthew Kelley Initiates Buy Rating on JPMorgan Chase, Citing Strong Capital Position, Diversified Revenues and Attractive Upside Potential
• Positive Sentiment: Several articles note that JPMorgan shares have been trading near 52-week or all-time highs, reflecting market confidence in the bank’s earnings power and resilience ahead of future results. Article: 5 Stocks Quietly Trading Near All-Time Highs While Everyone Watches the AI Drama (JPM)
• Positive Sentiment: J.P. Morgan research also remains constructive on select beaten-down IPO names and other market opportunities, reinforcing the firm’s image as a leading Wall Street franchise with broad investment-banking reach. Article: J.P. Morgan Says These 2 Beaten-Down IPO Stocks Could Rebound
• Neutral Sentiment: Coca-Cola naming JPMorgan for an India bottler IPO underscores the bank’s continued role in major capital-markets transactions, though the immediate stock impact is likely limited. Article: Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say
• Neutral Sentiment: Jamie Dimon warned that markets may be underestimating risk and said he would not buy stocks or Treasurys at current prices; that message may pressure broader sentiment, but it also reflects his usual cautious outlook rather than a JPMorgan-specific problem. Article: Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
• Negative Sentiment: Dimon’s repeated warnings about macro and geopolitical risks could make investors more defensive on financials and the broader market if risk appetite fades. Article: Jamie Dimon Says Anthropic’s Mythos Access Debate Is a Warning Sign for AI’s Future

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on JPM. Bank of America increased their target price on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Truist Financial upped their price objective on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a report on Wednesday, July 15th. Royal Bank Of Canada upped their price objective on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. HSBC increased their price objective on JPMorgan Chase & Co. from $288.00 to $312.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $356.38.

JPMorgan Chase & Co. Stock Down 0.7%

Shares of JPM opened at $338.72 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $351.24. The firm’s 50 day moving average is $319.89 and its 200-day moving average is $310.32. The stock has a market capitalization of $907.60 billion, a PE ratio of 14.51, a P/E/G ratio of 1.52 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.59 by $0.55. The business had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company posted $4.96 earnings per share. Equities research analysts forecast that JPMorgan Chase & Co. will post 23.38 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a $1.50 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 annualized dividend and a yield of 1.8%. JPMorgan Chase & Co.’s payout ratio is currently 25.71%.

Insider Activity

In related news, COO Jennifer Piepszak sold 4,919 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $309.42, for a total value of $1,522,036.98. Following the transaction, the chief operating officer owned 85,082 shares in the company, valued at approximately $26,326,072.44. This trade represents a 5.47% decrease in their ownership of the stock. The sale 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, CFO Jeremy Barnum sold 3,022 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $309.41, for a total value of $935,037.02. Following the completion of the transaction, the chief financial officer directly owned 32,438 shares of the company’s stock, valued at approximately $10,036,641.58. This trade represents a 8.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 18,876 shares of company stock worth $5,907,051. 0.41% of the stock is currently owned by company insiders.

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.