JPMorgan Chase & Co. $JPM Stock Acquired by LDIC Inc.

LDIC Inc. raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 5.8% during the third quarter, HoldingsChannel reports. The firm owned 54,687 shares of the financial services provider’s stock after buying an additional 2,989 shares during the period. JPMorgan Chase & Co. comprises about 11.7% of LDIC Inc.’s investment portfolio, making the stock its 2nd biggest holding. LDIC Inc.’s holdings in JPMorgan Chase & Co. were worth $18,092,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of JPM. Sanders Morris Harris LLC raised its position in JPMorgan Chase & Co. by 105.5% during the 3rd quarter. Sanders Morris Harris LLC now owns 20,094 shares of the financial services provider’s stock worth $6,779,000 after buying an additional 10,314 shares during the last quarter. Consilium Wealth Advisory LLC lifted its position in shares of JPMorgan Chase & Co. by 2.2% during the 3rd quarter. Consilium Wealth Advisory LLC now owns 13,410 shares of the financial services provider’s stock valued at $4,436,000 after acquiring an additional 295 shares during the period. Investment Planning Advisors Inc. raised its holdings in JPMorgan Chase & Co. by 6.3% during the third quarter. Investment Planning Advisors Inc. now owns 3,980 shares of the financial services provider’s stock worth $1,317,000 after purchasing an additional 237 shares during the last quarter. ABLE Financial Group LLC raised its stake in shares of JPMorgan Chase & Co. by 2.7% during the 3rd quarter. ABLE Financial Group LLC now owns 6,573 shares of the financial services provider’s stock worth $2,175,000 after buying an additional 173 shares during the last quarter. Finally, Aspen Wealth Management LLC raised its position in JPMorgan Chase & Co. by 10.0% during the third quarter. Aspen Wealth Management LLC now owns 5,429 shares of the financial services provider’s stock worth $1,796,000 after acquiring an additional 493 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the sale, the insider directly owned 71,047 shares of the company’s stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by insiders.

JPMorgan Chase & Co. Stock Up 1.1%

NYSE:JPM opened at $335.03 on Thursday. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $890.58 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 1.36 and a beta of 1.02. The stock has a 50-day simple moving average of $349.00 and a 200 day simple moving average of $329.80.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($0.19). JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The firm had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. During the same period in the prior year, the company posted $5.07 earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. Sell-side analysts predict that JPMorgan Chase & Co. will post 24.18 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be issued a dividend of $1.65 per share. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio is currently 28.28%.

Analysts Set New Price Targets

Several analysts have recently issued reports on JPM shares. Morgan Stanley upped their price objective on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the company an “equal weight” rating in a research report on Wednesday. Bank of America lifted their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Truist Financial lifted their price objective on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the company a “hold” rating in a research note on Wednesday. UBS Group decreased their price target on shares of JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $365.04.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Management projected approximately $107 billion in 2027 net interest income, excluding Markets, implying continued growth from fourth-quarter guidance. Resilient consumer activity, asset inflows and strength across investment banking and commercial banking supported the outlook. JPMorgan Q3 Earnings Call Highlights Capital Deployment and AI Risks
• Positive Sentiment: Analysts raised their price targets despite the results. Morgan Stanley lifted its target to $377 while maintaining an Equal Weight rating, and RBC reaffirmed Outperform with a $370 target. These revisions indicate that analysts view the earnings shortfall as manageable. JPMorgan Analysts Boost Their Forecasts After Q3 Results
• Positive Sentiment: Third-quarter revenue rose about 8% year over year to roughly $50.2 billion, while net income increased 6%. Consumer & Community Banking, the Commercial & Investment Bank and Asset & Wealth Management all posted year-over-year profit growth. JPMorgan Chase Reports $15.3 Billion Third-Quarter Net Income
• Neutral Sentiment: JPMorgan is restricting unvetted external AI agents from directly accessing customer accounts and is developing internal defensive tools. The policy limits near-term AI disruption and security exposure, but could increase technology and compliance costs. JPMorgan Chase blocks outside AI agents
• Negative Sentiment: Adjusted earnings of $5.75 per share missed the $5.94 consensus estimate, while revenue also fell short of expectations. Lower fixed-income trading revenue, investment-securities losses and softer dealmaking weighed on results. JPMorgan Earnings Miss Estimates But Reveal Broad-Based Strength
• Negative Sentiment: CEO Jamie Dimon warned that prolonged high interest rates could weaken consumer credit and that the probability of a market shock is higher than many investors assume. A flattening yield curve, inflation and elevated fiscal deficits remain additional risks to future bank profitability. Jamie Dimon Sees Higher Chance of Market Trouble

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.