Todd Asset Management LLC Sells 1,953 Shares of JPMorgan Chase & Co. $JPM

Todd Asset Management LLC trimmed its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 246,126 shares of the financial services provider’s stock after selling 1,953 shares during the quarter. JPMorgan Chase & Co. makes up 1.6% of Todd Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Todd Asset Management LLC’s holdings in JPMorgan Chase & Co. were worth $77,636,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at about $26,000. Mountain Hill Investment Partners Corp. purchased a new position in shares of JPMorgan Chase & Co. during the 3rd quarter worth approximately $32,000. Family Legacy Financial Solutions LLC raised its position in shares of JPMorgan Chase & Co. by 92.6% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 50 shares during the last quarter. Mizuho Securities Co. Ltd. lifted its stake in JPMorgan Chase & Co. by 450.0% in the 2nd quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider’s stock valued at $32,000 after buying an additional 90 shares in the last quarter. Finally, Collier Financial purchased a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at approximately $60,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on JPM shares. Morgan Stanley set a $331.00 price target on JPMorgan Chase & Co. in a research report on Tuesday, December 9th. Freedom Capital upgraded JPMorgan Chase & Co. to a “hold” rating in a research report on Wednesday, January 14th. Barclays reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Friday, February 13th. The Goldman Sachs Group raised their price target on shares of JPMorgan Chase & Co. from $386.00 to $397.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Finally, Zacks Research lowered shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Fourteen equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. has a consensus rating of “Moderate Buy” and a consensus target price of $339.73.

Insider Buying and Selling

In related news, insider Robin Leopold sold 432 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $307.14, for a total value of $132,684.48. Following the transaction, the insider owned 65,353 shares in the company, valued at approximately $20,072,520.42. This trade represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Stacey Friedman sold 3,404 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $312.80, for a total value of $1,064,771.20. Following the sale, the general counsel directly owned 65,353 shares of the company’s stock, valued at approximately $20,442,418.40. This trade represents a 4.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 71,596 shares of company stock worth $22,067,932 over the last 90 days. Company insiders own 0.47% of the company’s stock.

JPMorgan Chase & Co. Stock Up 0.9%

JPM opened at $310.75 on Monday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $838.09 billion, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 1.51 and a beta of 1.08. The business has a 50-day moving average of $315.05 and a two-hundred day moving average of $308.22. JPMorgan Chase & Co. has a 12 month low of $202.16 and a 12 month high of $337.25.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $45.80 billion for the quarter, compared to analyst estimates of $45.98 billion. During the same period in the prior year, the firm posted $4.81 EPS. The company’s revenue was up 7.1% on a year-over-year basis. On average, research 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 declared a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Tuesday, January 6th were issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, January 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 29.99%.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan’s research team argues international and emerging-market equities still have momentum (benign inflation, dovish Fed, weaker dollar), which can boost trading volumes, asset-management flows and fee income for the bank. Why JPMorgan says the international stock story still has legs
• Neutral Sentiment: CEO Jamie Dimon sold roughly $15.36M of JPM stock — notable as insider activity but common for executives and not necessarily a sign of company weakness; treat as informational unless part of a larger pattern. JPMorgan Chase & Co. (NYSE:JPM) CEO Sells $15,355,500.00 in Stock
• Neutral Sentiment: JPMorgan’s research/analyst actions (e.g., coverage changes and price-target adjustments for various companies like Norwegian Cruise Line and Allegion) are routine and reflect its market-research business — modestly relevant to fee generation but not a direct driver of bank fundamentals. JPMorgan Downgrades Norwegian Cruise Line (NCLH), Cuts Price Target to $20
• Negative Sentiment: JPMorgan has for the first time admitted in court filings that it closed bank accounts tied to Donald Trump after the Jan. 6, 2021 Capitol attack — a central point in Trump’s $5 billion “debanking” lawsuit. That admission raises legal and reputational risk, could lead to headline volatility, and may increase litigation costs or settlement risk. JPMorgan admits closing accounts linked to Donald Trump
• Negative Sentiment: Multiple outlets (NYT, Fortune, Cointelegraph, Benzinga, TipRanks) report the same concession in court filings that JPM closed Trump-related accounts; the repetition magnifies media attention and political risk around the bank, which can pressure sentiment and invite regulatory/political scrutiny. JPMorgan Admits to Debanking Trump After Jan. 6 Capitol Attacks
• Negative Sentiment: Jamie Dimon is set to present a plan to investors around a roughly $2bn-per-week cost run rate, highlighting increased spending — higher operating costs could weigh on near-term margins and earnings unless offset by revenue gains. Dimon seeks to sell JPMorgan investors on $2bn-a-week costs bill

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.