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

KMG Fiduciary Partners LLC cut its position in JPMorgan Chase & Co. (NYSE:JPM) by 2.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 101,551 shares of the financial services provider’s stock after selling 2,913 shares during the quarter. JPMorgan Chase & Co. comprises 3.1% of KMG Fiduciary Partners LLC’s holdings, making the stock its 9th biggest position. KMG Fiduciary Partners LLC’s holdings in JPMorgan Chase & Co. were worth $33,596,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allied Investment Advisors LLC increased its position in shares of JPMorgan Chase & Co. by 0.3% during the 3rd quarter. Allied Investment Advisors LLC now owns 70,869 shares of the financial services provider’s stock valued at $23,446,000 after purchasing an additional 213 shares during the period. Keystone Financial Group Inc. bought a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter worth $83,000. Signal Advisors Wealth LLC raised its stake in shares of JPMorgan Chase & Co. by 5.5% in the 3rd quarter. Signal Advisors Wealth LLC now owns 59,449 shares of the financial services provider’s stock worth $19,667,000 after buying an additional 3,091 shares in the last quarter. GEM Asset Management LLC lifted its holdings in shares of JPMorgan Chase & Co. by 5.0% in the third quarter. GEM Asset Management LLC now owns 951 shares of the financial services provider’s stock valued at $315,000 after buying an additional 45 shares during the period. Finally, Krilogy Financial LLC lifted its holdings in shares of JPMorgan Chase & Co. by 16.6% in the third quarter. Krilogy Financial LLC now owns 29,374 shares of the financial services provider’s stock valued at $9,820,000 after buying an additional 4,172 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

JPMorgan Chase & Co. News Summary

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 Analysts Forecast Growth

JPM has been the subject of several research reports. Zacks Research cut JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Truist Financial boosted their price target on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the stock a “hold” rating in a research report on Wednesday, July 15th. HSBC upped their price target on shares of JPMorgan Chase & Co. from $369.00 to $377.00 and gave the company a “hold” rating in a report on Monday, September 28th. Morgan Stanley reissued a “positive” rating and issued a $370.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday, July 15th. Finally, Jefferies Financial Group restated a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have given a Hold rating to the stock. According to 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

Shares of NYSE JPM 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 stock has a market capitalization of $882.49 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 1.37 and a beta of 1.02. The stock’s fifty day simple moving average is $349.49 and its 200 day simple moving average is $329.50. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM) last announced its 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). JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company had revenue of $50.17 billion for the quarter, compared to analysts’ expectations of $51.23 billion. During the same period in the prior year, the company earned $5.07 earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. As a group, sell-side analysts forecast that JPMorgan Chase & Co. will post 24.18 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be issued a dividend of $1.65 per share. This represents a $6.60 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, October 6th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio is presently 28.28%.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the sale, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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.