JPMorgan Chase & Co. $JPM Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC reduced its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 2.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 101,551 shares of the financial services provider’s stock after selling 2,913 shares during the quarter. JPMorgan Chase & Co. comprises approximately 3.1% of KMG Fiduciary Partners LLC’s portfolio, making the stock its 9th largest holding. KMG Fiduciary Partners LLC’s holdings in JPMorgan Chase & Co. were worth $33,596,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JPM. Bank of America Corp DE lifted its position in JPMorgan Chase & Co. by 15.8% in the 1st quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock worth $19,314,681,000 after buying an additional 8,941,351 shares in the last quarter. Ascentis Wealth Management LLC grew its holdings in shares of JPMorgan Chase & Co. by 32,672.0% during the 2nd quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider’s stock valued at $1,521,126,000 after acquiring an additional 4,632,891 shares in the last quarter. Jupiter Topco LLC acquired a new position in shares of JPMorgan Chase & Co. in the second quarter worth $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of JPMorgan Chase & Co. by 31.5% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider’s stock worth $2,042,648,000 after acquiring an additional 1,662,250 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in shares of JPMorgan Chase & Co. by 22.9% in the second quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider’s stock worth $2,625,511,000 after acquiring an additional 1,496,676 shares during the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the sale, the insider directly owned 71,047 shares in the company, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: JPMorgan reported third-quarter net income of approximately $15.3 billion, up 6% year over year, while revenue increased about 8% to $50.2 billion. Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management all posted year-over-year profit growth. JPMorgan Chase Reports Third-Quarter Net Income
• Positive Sentiment: Management offered preliminary 2027 net interest income guidance of roughly $107 billion, implying continued growth from late-2026 levels. Executives also said uncertain markets are delaying corporate deals rather than eliminating them, supporting the investment-banking recovery. JPMorgan Sees Deal Delays, Not Cancellations
• Positive Sentiment: The bank appointed Rob Sweeney global chair of investment banking and has added more than 1,000 investment bankers this year, positioning JPMorgan to benefit if mergers and equity issuance continue recovering. JPMorgan Taps Rob Sweeney
• Neutral Sentiment: JPMorgan declared a $1.65-per-share dividend and repurchased $664 million of stock. Analysts also expect the bank could raise its dividend again in 2027, although that remains a forecast rather than a company announcement. Prediction on JPMorgan’s Dividend
• Negative Sentiment: Adjusted EPS of $5.75 missed the $5.94 consensus, and revenue of roughly $50.2 billion fell short of expectations near $51.2 billion. Lower fixed-income trading revenue and investment-securities losses were key factors, making the result a disappointment after JPMorgan’s long streak of beats. JPM Q3 Earnings Lag Estimates
• Negative Sentiment: Investors remain concerned that elevated rates, inflation, a flattening yield curve, fiscal deficits, and a potential future credit cycle could pressure funding costs and loan growth. CEO Jamie Dimon also warned about risks from rogue AI agents, while JPMorgan is restricting outside agents from directly accessing customer accounts. JPMorgan Restricts Outside AI Agents

Wall Street Analyst Weigh In

JPM has been the subject of several recent research reports. Barclays reiterated an “overweight” rating on shares of JPMorgan Chase & Co. in a report on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 target price on the stock in a research note on Wednesday, July 22nd. Zacks Research lowered JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. The Goldman Sachs Group reaffirmed an “outperform” rating and issued a $392.00 target price on shares of JPMorgan Chase & Co. in a research report on Tuesday. Finally, TD Cowen initiated coverage on JPMorgan Chase & Co. in a research note on Thursday, October 8th. They set a “hold” rating and a $370.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, JPMorgan Chase & Co. has an average rating of “Moderate Buy” and an average price target of $361.79.

JPMorgan Chase & Co. Stock Performance

JPM stock opened at $331.99 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $882.49 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 1.37 and a beta of 1.02. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50. The firm has a 50 day moving average of $349.49 and a two-hundred day moving average of $329.50.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing the consensus estimate of $5.94 by ($0.19). The business had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the company earned $5.07 EPS. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 24.18 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm 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. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio is currently 28.28%.

JPMorgan Chase & Co. Profile

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.