CBIZ Investment Advisory Services LLC Raises Stake in JPMorgan Chase & Co. $JPM

CBIZ Investment Advisory Services LLC raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 185.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,810 shares of the financial services provider’s stock after purchasing an additional 2,477 shares during the quarter. JPMorgan Chase & Co. comprises approximately 0.0% of CBIZ Investment Advisory Services LLC’s portfolio, making the stock its 23rd largest holding. CBIZ Investment Advisory Services LLC’s holdings in JPMorgan Chase & Co. were worth $1,202,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Illinois Municipal Retirement Fund grew its holdings in shares of JPMorgan Chase & Co. by 6.2% during the third quarter. Illinois Municipal Retirement Fund now owns 205,221 shares of the financial services provider’s stock worth $64,733,000 after buying an additional 12,011 shares during the last quarter. ICW Investment Advisors LLC lifted its position in JPMorgan Chase & Co. by 3.8% during the 3rd quarter. ICW Investment Advisors LLC now owns 2,676 shares of the financial services provider’s stock worth $844,000 after acquiring an additional 97 shares during the period. Varma Mutual Pension Insurance Co lifted its position in JPMorgan Chase & Co. by 21.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 452,211 shares of the financial services provider’s stock worth $142,641,000 after acquiring an additional 80,700 shares during the period. Elmwood Wealth Management Inc. grew its stake in shares of JPMorgan Chase & Co. by 3.8% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 9,989 shares of the financial services provider’s stock valued at $3,151,000 after purchasing an additional 370 shares during the last quarter. Finally, Beacon Bridge Wealth Partners LLC increased its holdings in shares of JPMorgan Chase & Co. by 3.1% in the third quarter. Beacon Bridge Wealth Partners LLC now owns 2,183 shares of the financial services provider’s stock valued at $689,000 after purchasing an additional 65 shares during the period. Institutional investors and hedge funds own 71.55% of the company’s stock.

Insider Activity at JPMorgan Chase & Co.

In related news, CEO Troy L. Rohrbaugh sold 50,000 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $307.11, for a total value of $15,355,500.00. Following the sale, the chief executive officer directly owned 111,279 shares of the company’s stock, valued at approximately $34,174,893.69. This represents a 31.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Stacey Friedman sold 3,404 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $306.40, for a total transaction of $1,042,985.60. Following the transaction, the general counsel owned 61,949 shares of the company’s stock, valued at approximately $18,981,173.60. The trade was a 5.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 71,596 shares of company stock valued at $22,067,932 in the last 90 days. 0.47% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Stock Down 0.2%

JPM stock opened at $308.12 on Friday. The company has a market cap of $831.00 billion, a P/E ratio of 15.40, a P/E/G ratio of 1.50 and a beta of 1.07. JPMorgan Chase & Co. has a 52 week low of $202.16 and a 52 week high of $337.25. The company’s 50-day moving average price is $315.21 and its 200 day moving average price is $307.87. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.27.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.93 by $0.30. JPMorgan Chase & Co. had a net margin of 20.35% and a return on equity of 17.16%. The company had revenue of $45.80 billion during the quarter, compared to analysts’ expectations of $45.98 billion. During the same period last year, the company posted $4.81 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, research analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Tuesday, January 6th were issued a dividend of $1.50 per share. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $6.00 annualized dividend and a yield of 1.9%. JPMorgan Chase & Co.’s payout ratio is currently 29.99%.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan asked a court to dismiss former President Trump’s “debanking” lawsuit, which reduces an overhang of legal uncertainty if the court grants dismissal. JPMorgan Chase Moves to Dismiss Trump Debanking Lawsuit
• Positive Sentiment: Management is expanding the retail footprint — JPMorgan plans to open over 160 new Chase branches in 2026, a move that can support deposits and consumer revenue over time. JPMorgan Chase plans to open over 160 new branches
• Positive Sentiment: Recent results showed an EPS beat and year-over-year revenue and loan growth, underpinning expectations for continued core profitability. JPMorgan Chase & Co. (JPM) profile and recent results
• Neutral Sentiment: JPMorgan notified Lynas Rare Earths that it no longer is a substantial holder — an institutional portfolio adjustment with limited direct impact on JPM’s stock. JPMorgan Ceases to Be Substantial Holder in Lynas Rare Earths
• Neutral Sentiment: Wall Street keeps a generally constructive view (average “Moderate Buy” and mid-$300s consensus target), which supports medium-term upside but hasn’t removed near-term volatility. JPMorgan Chase & Co. Receives Average Rating of “Moderate Buy”
• Negative Sentiment: Major insider sale: CEO Troy L. Rohrbaugh sold 50,000 shares (~$15.4M), a sizable reduction in his holdings that can raise short-term investor concern about insider confidence or portfolio diversification. SEC filing: CEO Troy L. Rohrbaugh sale
• Negative Sentiment: Additional insider sales: CFO Jeremy Barnum, General Counsel Stacey Friedman and other insiders reported smaller sales this week — multiple insider disposals can weigh on sentiment even if individually routine. SEC filing: Jeremy Barnum sale (representative)

Wall Street Analyst Weigh In

JPM has been the subject of several recent research reports. Truist Financial set a $334.00 price target on JPMorgan Chase & Co. in a report on Wednesday, January 14th. Wells Fargo & Company reduced their target price on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set an “overweight” rating for the company in a research note on Tuesday. HSBC set a $319.00 price target on shares of JPMorgan Chase & Co. and gave the stock a “hold” rating in a research note on Thursday, February 5th. Freedom Capital raised shares of JPMorgan Chase & Co. to a “hold” rating in a report on Wednesday, January 14th. Finally, Barclays reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Friday, February 13th. Fourteen investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $339.73.

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.