Triumph Capital Management Has $5.02 Million Stock Holdings in JPMorgan Chase & Co. $JPM

Triumph Capital Management decreased its position in JPMorgan Chase & Co. (NYSE:JPM) by 9.1% during the 2nd quarter, Holdings Channel reports. The firm owned 15,336 shares of the financial services provider’s stock after selling 1,537 shares during the quarter. JPMorgan Chase & Co. makes up 0.9% of Triumph Capital Management’s investment portfolio, making the stock its 21st biggest holding. Triumph Capital Management’s holdings in JPMorgan Chase & Co. were worth $5,020,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Timmons Wealth Management LLC acquired a new position in JPMorgan Chase & Co. in the fourth quarter valued at about $27,000. MBM Wealth Consultants LLC acquired a new stake in shares of JPMorgan Chase & Co. during the first quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $32,000. Osbon Capital Management LLC bought a new position in shares of JPMorgan Chase & Co. in the fourth quarter valued at approximately $35,000. Finally, Turning Point Benefit Group Inc. bought 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 Summary

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

• Positive Sentiment: JPMorgan was named the first global banking partner of the Olympic and Paralympic Games. The sponsorship should increase the bank’s international brand visibility and may create opportunities across commercial banking, payments and wealth management. What Does JPMorgan Chase Olympic Deal And Banking Exit Mean Now?
• Positive Sentiment: JPMorgan’s strategists remain constructive on equities for the second half of the year, expecting broader participation from cyclical and higher-beta stocks. A stronger market could support the firm’s investment-banking, trading and asset-management businesses. JPMorgan Sees Further Equity Upside in Second Half
• Positive Sentiment: The bank declared dividends on its Series II, OO and PP preferred stock, signaling continued capacity to meet capital-return obligations. The announcement is routine and does not change common-stock earnings expectations. JPMorganChase Declares Preferred Stock Dividends
• Neutral Sentiment: JPMorgan disclosed larger second-quarter positions in Bitcoin and Ether ETFs. Because the filing combines positions across multiple investment-management entities, the purchases may reflect client or fund activity rather than a firmwide bullish cryptocurrency view. JPMorgan Boosts Bitcoin and Ether ETF Positions
• Negative Sentiment: Reports that JPMorgan ended its banking relationship with Polymarket over regulatory concerns renewed scrutiny of the bank’s exposure to prediction markets. Although JPMorgan reportedly maintains other ties and could pursue future underwriting work, the episode highlights compliance and reputational risks. JPMorgan Debanked Polymarket Over Regulatory Concerns
• Negative Sentiment: Financial stocks traded lower during the afternoon, with the NYSE Financial Index also declining. The sector-wide pressure is likely weighing on JPMorgan alongside profit-taking after its strong run toward its 12-month high. Sector Update: Financial Stocks Softer Friday Afternoon

JPMorgan Chase & Co. Price Performance

Shares of JPM stock opened at $362.55 on Friday. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50. The firm’s 50 day moving average is $340.11 and its 200-day moving average is $315.46. The firm has a market capitalization of $963.72 billion, a price-to-earnings ratio of 15.53, a PEG ratio of 1.49 and a beta of 0.99. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. The business had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. JPMorgan Chase & Co.’s revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.96 earnings per share. Sell-side analysts forecast that JPMorgan Chase & Co. will post 24.28 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 6th were issued a dividend of $1.50 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $6.00 annualized dividend and a yield of 1.7%. JPMorgan Chase & Co.’s dividend payout ratio is currently 25.71%.

Wall Street Analyst Weigh In

JPM has been the topic of several recent analyst reports. Truist Financial boosted their target price on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the stock a “hold” rating in a report on Wednesday, July 15th. Zacks Research raised JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Wells Fargo & Company lifted their price objective on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a research report on Friday. Keefe, Bruyette & Woods boosted their price objective on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $418.00 target price on shares of JPMorgan Chase & Co. in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $359.96.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the sale, the insider directly owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. This trade represents a 3.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $300.27, for a total value of $1,641,876.36. Following the sale, the general counsel owned 46,428 shares of the company’s stock, valued at approximately $13,940,935.56. The trade was a 10.54% 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 ninety days, insiders have sold 13,435 shares of company stock worth $4,353,502. Company insiders own 0.41% of the company’s stock.

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.