O Domhnaill Enterprises Inc. Has $2.83 Million Stock Holdings in JPMorgan Chase & Co. $JPM

O Domhnaill Enterprises Inc. grew its stake in JPMorgan Chase & Co. (NYSE:JPM) by 81.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,635 shares of the financial services provider’s stock after acquiring an additional 3,868 shares during the period. JPMorgan Chase & Co. accounts for approximately 2.3% of O Domhnaill Enterprises Inc.’s holdings, making the stock its 19th largest position. O Domhnaill Enterprises Inc.’s holdings in JPMorgan Chase & Co. were worth $2,826,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Timmons Wealth Management LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 4th quarter valued at approximately $27,000. MBM Wealth Consultants LLC acquired a new position in JPMorgan Chase & Co. during the first quarter worth $29,000. Caitong International Asset Management Co. Ltd bought a new stake in JPMorgan Chase & Co. during the fourth quarter worth $32,000. Aventus Investment Advisors Inc. bought a new stake in JPMorgan Chase & Co. during the second quarter worth $33,000. Finally, Osbon Capital Management LLC bought a new stake in JPMorgan Chase & Co. during the fourth quarter worth $35,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Wall Street Analysts Forecast Growth

JPM has been the subject of a number of analyst reports. Evercore reissued an “outperform” rating and issued a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 target price on the stock in a report on Wednesday, July 22nd. Wells Fargo & Company raised their target price on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. Weiss Ratings cut JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Finally, Royal Bank Of Canada boosted their price target on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $359.96.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the transaction, the insider owned 73,547 shares in the company, valued at $26,580,621.27. This represents a 3.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the transaction, the general counsel directly owned 40,961 shares in the company, valued at $13,547,031.53. This represents a 11.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. Stock Performance

Shares of NYSE JPM opened at $356.05 on Tuesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s fifty day moving average price is $347.92 and its two-hundred day moving average price is $319.07. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The firm has a market cap of $946.45 billion, a price-to-earnings ratio of 15.25, a P/E/G ratio of 1.47 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. The company had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The company’s revenue was up 27.7% on a year-over-year basis. During the same quarter last year, the firm earned $4.96 earnings per share. On average, equities analysts forecast that JPMorgan Chase & Co. will post 24.28 EPS for the current year.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan has increased its planned capital returns, including a larger share-repurchase authorization and higher payouts. Strong investment-banking and trading activity, loan and deposit growth, and a resilient balance sheet have also supported the stock’s recent rally. JPM Stock Gains 20.6% in 3 Months: Key Factors to Watch Before Buying
• Positive Sentiment: The bank is expanding its physical branch network, including a flagship location in Chicago, which could strengthen its consumer and wealth-management presence. Its $750 billion housing commitment also highlights a long-term growth opportunity in a strategically important market. How Investors May Respond To JPMorgan Chase Bond Issuance, Branch Expansion and Higher Payouts
• Neutral Sentiment: JPMorgan recently issued callable, unsecured medium-term notes spanning maturities from 2031 to 2056. The financing supports expansion and capital-management flexibility, although it also increases the bank’s funding obligations. JPMorgan Bond Issuance, Branch Expansion and Higher Payouts
• Neutral Sentiment: JPMorgan hired Ward Jones from Deutsche Bank to lead mid-cap basic-materials investment banking, a modest signal of continued confidence in deal-making and advisory demand. JPMorgan Taps Deutsche Bank’s Jones for Mid-Cap Basic Materials Role
• Negative Sentiment: JPMorgan’s trading desk shifted from a bullish view to “tactically cautious” on U.S. equities after hawkish comments from Federal Reserve Chair Kevin Warsh. Concerns include interest-rate uncertainty and a possible unwinding of crowded artificial-intelligence trades, weighing on broader financial-sector sentiment. JPMorgan Turns Tactically Cautious Following Warsh’s Jackson Hole Speech
• Negative Sentiment: Expectations for another rate increase are mixed for JPMorgan: higher rates could lift net interest income, but they may increase stress among revolving-credit borrowers and pressure credit quality. JPMorgan Slips as 60% Hike Odds Cut Both Ways

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.