Canandaigua National Bank & Trust Co. Sells 2,647 Shares of JPMorgan Chase & Co. $JPM

Canandaigua National Bank & Trust Co. lowered its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,303 shares of the financial services provider’s stock after selling 2,647 shares during the period. JPMorgan Chase & Co. accounts for 2.3% of Canandaigua National Bank & Trust Co.’s investment portfolio, making the stock its 7th largest position. Canandaigua National Bank & Trust Co.’s holdings in JPMorgan Chase & Co. were worth $26,236,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in JPM. State Street Corp grew its holdings in shares of JPMorgan Chase & Co. by 0.8% in the second quarter. State Street Corp now owns 125,209,293 shares of the financial services provider’s stock valued at $40,984,758,000 after purchasing an additional 932,632 shares during the period. Bank of America Corp DE raised its stake in JPMorgan Chase & Co. by 6.1% during the second quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider’s stock worth $22,804,018,000 after purchasing an additional 4,006,293 shares during the period. Bank of New York Mellon Corp raised its stake in JPMorgan Chase & Co. by 2.6% during the second 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 purchasing an additional 540,362 shares during the period. Dimensional Fund Advisors LP boosted its holdings in JPMorgan Chase & Co. by 3.3% in the 1st 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 purchasing an additional 607,288 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of JPMorgan Chase & Co. by 0.7% in the 2nd 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 buying an additional 134,634 shares during the period. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Trading Down 0.5%

Shares of JPM stock traded down $1.78 during trading hours on Wednesday, hitting $329.50. The company had a trading volume of 6,999,411 shares, compared to its average volume of 9,236,223. 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 has a market capitalization of $875.88 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 1.39 and a beta of 1.02. The company’s fifty day moving average is $351.44 and its 200 day moving average is $328.03. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The company had revenue of $58.02 billion for the quarter, compared to analyst estimates of $50.72 billion. During the same quarter in the previous year, the company earned $4.96 earnings per share. The firm’s quarterly revenue was up 27.7% compared to the same quarter last year. Research analysts expect that JPMorgan Chase & Co. will post 24.16 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be issued a $1.65 dividend. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 25.71%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Citigroup lifted their price target on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Monday, July 20th. Morgan Stanley reissued a “positive” rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 15th. Zacks Research downgraded JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. UBS Group reduced their target price on JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Evercore reiterated an “outperform” rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Sixteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $363.08.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Dividend increase reinforces capital strength. JPMorgan recently raised its dividend by 10%, and its relatively low payout ratio suggests the bank may have room for further increases while continuing to invest and maintain capital buffers. JPMorgan dividend article
• Positive Sentiment: Business expansion could support fee revenue. Chase is adding payroll services to its larger-business banking platform, allowing clients to manage payroll alongside banking and payments. The broader offering could improve customer retention and generate additional recurring revenue. Chase payroll article
• Positive Sentiment: AI capabilities remain a competitive strength. JPMorgan ranked first in the 2026 Evident AI Index. Its approximately $19.8 billion technology budget is aimed at productivity gains and could strengthen operations over time, although the financial return on that spending is not yet clear. JPMorgan AI rankings article
• Positive Sentiment: Earnings expectations remain supportive. Analysts anticipate year-over-year earnings growth in the upcoming report, with trading and investment banking activity receiving particular attention. Recent coverage argues that strong banking momentum could reinforce the bullish case for JPM shares. JPMorgan earnings preview
• Neutral Sentiment: New investment-banking and settlement initiatives offer longer-term potential. JPMorgan hired veteran dealmaker Rob Sweeney as a global investment-banking chair and contributed institutional expertise to Solana’s delivery-versus-payment settlement program. Both developments may expand strategic reach, but their near-term earnings impact is uncertain. JPMorgan investment banking hiring article
• Negative Sentiment: Dimon’s warnings highlight macro and cyber risks. CEO Jamie Dimon said AI-related cybersecurity threats have risen sharply and warned that persistent inflation, higher interest rates and intense competition for capital could create a corporate credit squeeze. These risks could pressure loan quality, deal activity and valuation multiples. JPMorgan AI risk article

Insider Activity

In related news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the transaction, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company’s stock.

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.