JPMorgan Chase beats earnings estimates, raises dividend, amid fluctuating institutional investor stakes.

River Global Investors and several other institutional investors have increased their stakes in JPMorgan Chase & Co., while a few have reduced holdings. JPMorgan reported earnings of $4.37 per share, surpassing estimates by $0.35, and announced a quarterly dividend of $1.25, representing a yield of 2.07%. The company's stock is held by institutional investors who own 71.55% of its shares, with a market capitalization of $681.12 billion. Analysts have provided mixed ratings, with an average price target of $224.31.

November 15, 2024
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