JPMorgan Chase & Co. $JPM Shares Sold by American National Bank & Trust

American National Bank & Trust decreased its position in JPMorgan Chase & Co. (NYSE:JPM) by 6.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,828 shares of the financial services provider’s stock after selling 3,451 shares during the period. JPMorgan Chase & Co. comprises 1.5% of American National Bank & Trust’s investment portfolio, making the stock its 21st biggest position. American National Bank & Trust’s holdings in JPMorgan Chase & Co. were worth $17,146,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPM. State Street Corp boosted its position in JPMorgan Chase & Co. by 0.8% during the second quarter. State Street Corp now owns 125,209,293 shares of the financial services provider’s stock worth $40,984,758,000 after acquiring an additional 932,632 shares during the last quarter. Bank of America Corp DE increased its holdings in JPMorgan Chase & Co. by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider’s stock valued at $22,804,018,000 after purchasing an additional 4,006,293 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in JPMorgan Chase & Co. by 2.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider’s stock worth $7,084,339,000 after acquiring an additional 540,362 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of JPMorgan Chase & Co. by 0.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider’s stock valued at $6,164,741,000 after purchasing an additional 134,634 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of JPMorgan Chase & Co. by 3.3% in the first quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider’s stock valued at $5,578,788,000 after acquiring an additional 607,288 shares in the last quarter. Hedge funds and other institutional investors 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 raised its dividend by 10%, and the article says its relatively low payout ratio leaves substantial capacity for additional dividend growth. The increase reinforces the bank’s strong capital generation and shareholder-return outlook. JPMorgan Just Raised Its Dividend 10%
• Positive Sentiment: Analysts expect strong third-quarter results, supported by resilient banking activity, investment banking and equities trading. JPMorgan’s equities business reportedly surged 86% in the prior quarter, raising expectations for another earnings beat. JPMorgan’s Equities Business Surged 86%
• Positive Sentiment: The bank is expanding its investment-banking franchise by hiring veteran dealmaker Rob Sweeney as global chair, potentially strengthening deal origination as capital-markets activity improves. JPMorgan hires veteran dealmaker Rob Sweeney
• Neutral Sentiment: JPMorgan contributed institutional settlement expertise to Solana’s new delivery-versus-payment system, highlighting potential long-term opportunities in blockchain-based financial infrastructure, although the immediate revenue impact is unclear. Solana launches institutional settlement standard
• Negative Sentiment: Dimon warned that persistent inflation could push interest rates higher and that global competition for capital may create a corporate credit squeeze. Higher yields could pressure bond portfolios, borrowing demand and credit quality. Dimon sharpens warning about a corporate credit squeeze
• Negative Sentiment: Dimon also said AI-driven cybersecurity threats increased sharply following Anthropic’s Mythos model. The warning highlights potentially higher technology, fraud-prevention and operational risks for large financial institutions. JPMorgan CEO Warns AI Risks Jumped Tenfold

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. The trade was a 3.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on JPM shares. Citigroup raised their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Monday, July 20th. The Goldman Sachs Group restated a “buy” rating and issued a $418.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. UBS Group dropped their price target on shares of JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating on the stock in a research note on Monday. Barclays reiterated an “overweight” rating on shares of JPMorgan Chase & Co. in a report on Tuesday. Finally, Evercore reaffirmed an “outperform” rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a research note on Monday, July 6th. Sixteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $363.08.

JPMorgan Chase & Co. Trading Down 0.8%

Shares of JPM stock traded down $2.74 during trading hours on Wednesday, hitting $328.54. 2,596,028 shares of the company were exchanged, compared to its average volume of 9,211,713. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50. The firm has a fifty day moving average of $351.44 and a 200 day moving average of $328.03. The firm has a market cap of $873.32 billion, a PE ratio of 14.06, a PEG ratio of 1.39 and a beta of 1.02. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.59 by $0.55. The company had revenue of $58.02 billion during 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%. The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company earned $4.96 EPS. Analysts expect that JPMorgan Chase & Co. will post 24.16 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be given a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio is currently 25.71%.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.