Tcfg Wealth Management LLC raised its position in JPMorgan Chase & Co. (NYSE:JPM) by 137.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,252 shares of the financial services provider’s stock after buying an additional 4,770 shares during the period. Tcfg Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $2,603,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of JPM. Norges Bank acquired a new position in shares of JPMorgan Chase & Co. in the second quarter worth about $10,295,209,000. Laurel Wealth Advisors LLC grew its stake in JPMorgan Chase & Co. by 28,813.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 16,785,584 shares of the financial services provider’s stock valued at $4,866,309,000 after purchasing an additional 16,727,530 shares in the last quarter. Holocene Advisors LP increased its holdings in JPMorgan Chase & Co. by 1,033.3% during the 3rd quarter. Holocene Advisors LP now owns 2,155,120 shares of the financial services provider’s stock worth $679,790,000 after purchasing an additional 1,964,958 shares during the last quarter. Viking Global Investors LP increased its holdings in JPMorgan Chase & Co. by 86.1% during the 2nd quarter. Viking Global Investors LP now owns 4,042,034 shares of the financial services provider’s stock worth $1,171,826,000 after purchasing an additional 1,870,386 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of JPMorgan Chase & Co. by 19.6% in the 3rd 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 purchasing an additional 1,082,913 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have recently commented on JPM. HSBC set a $319.00 target price on JPMorgan Chase & Co. and gave the company a “hold” rating in a research note on Thursday, February 5th. TD Cowen reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, January 7th. Piper Sandler increased their price objective on shares of JPMorgan Chase & Co. from $336.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Barclays reissued a “buy” rating on shares of JPMorgan Chase & Co. in a report on Friday, February 13th. Finally, Robert W. Baird increased their price target on shares of JPMorgan Chase & Co. from $280.00 to $290.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $340.00.
JPMorgan Chase & Co. News Summary
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: Declared a quarterly cash dividend of $1.50 per share (yield ~2.1%), boosting income appeal for yield-seeking investors. JPMorgan Chase declares $1.50 dividend
- Positive Sentiment: Operational expansion: JPMorgan is consolidating and expanding in Boston (adding ~300 jobs, new branches) and strengthening its China investment-banking leadership — moves aimed at revenue growth in key U.S. and Asia markets. JPMorgan Expands Boston Presence And China Banking To Broaden Growth Drivers
- Positive Sentiment: Senior hire: JPMorgan poached Goldman veteran Yi Zhang to serve as co-head of China investment banking, bolstering its Asia deal capabilities. This should support advisory and underwriting pipelines in the region over time. JPMorgan poaches Goldman veteran Zhang as co-head of China investment banking
- Neutral Sentiment: Corporate calendar: JPMorgan set its Q1 2026 earnings release and conference call for April 14 — investors will get fresh results and management commentary that could move the stock. JPMorganChase to Host First-Quarter 2026 Earnings Call
- Negative Sentiment: Risk-off in private credit: Reports say JPMorgan is tightening lending to private-credit funds and marking down loans used as collateral — a sign of caution that raises concerns about potential losses or reduced fee income tied to alternative-credit exposure. JPMorgan Chase & Co (JPM) Tightening Private Credit Funds
- Negative Sentiment: Underwriting/loan-market strain: JPMorgan and other banks halted a proposed $5.3B debt deal for Qualtrics after weak investor demand, highlighting fragile demand in leveraged loan/junk markets and potential headwinds for syndicated lending and underwriting revenue. Wall Street Snubs Qualtrics Debt Over AI Disruption Risks
- Negative Sentiment: Sector/market pressure: Analyst commentary and sector selloffs (financials underperforming) are weighing on JPMorgan’s multiple and technicals, helping explain recent downside despite solid Q4 earnings and durable fundamentals. 5 Oversold Large-Cap Stocks That May Be Worth Buying Soon (JPM)
Insider Buying and Selling at JPMorgan Chase & Co.
In related news, CEO Troy L. Rohrbaugh sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $307.11, for a total value of $15,355,500.00. Following the sale, the chief executive officer owned 111,279 shares of the company’s stock, valued at approximately $34,174,893.69. This trade represents a 31.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Stacey Friedman sold 3,404 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $306.40, for a total value of $1,042,985.60. Following the transaction, the general counsel owned 61,949 shares of the company’s stock, valued at $18,981,173.60. This represents a 5.21% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 71,596 shares of company stock worth $22,067,932. Corporate insiders own 0.47% of the company’s stock.
JPMorgan Chase & Co. Trading Up 0.3%
JPMorgan Chase & Co. stock opened at $286.88 on Wednesday. The firm’s 50-day moving average is $304.81 and its 200-day moving average is $308.22. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.85 and a current ratio of 0.85. JPMorgan Chase & Co. has a 1 year low of $202.16 and a 1 year high of $337.25. The company has a market cap of $773.72 billion, a P/E ratio of 14.34, a PEG ratio of 1.18 and a beta of 1.06.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings data on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share for the quarter, beating analysts’ consensus estimates of $4.93 by $0.30. The business had revenue of $45.80 billion during the quarter, compared to the consensus estimate of $45.98 billion. JPMorgan Chase & Co. had a net margin of 20.35% and a return on equity of 17.16%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.81 EPS. On average, equities analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.
JPMorgan Chase & Co. Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Monday, April 6th will be issued a dividend of $1.50 per share. The ex-dividend date of this dividend is Monday, April 6th. This represents a $6.00 annualized dividend and a dividend yield of 2.1%. JPMorgan Chase & Co.’s dividend payout ratio is 29.99%.
JPMorgan Chase & Co. 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.
Further Reading
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