20,562 JPMorgan Chase & Co. $JPM Shares Purchased by Dupree Financial Group LLC

Key Points

• Dupree Financial Group LLC increased its JPMorgan stake by 831.8% in the third quarter, purchasing 20,562 additional shares and bringing its holdings to 23,034 shares valued at approximately $7.62 million.
• JPMorgan reported quarterly earnings of $6.14 per share, surpassing estimates, while revenue rose 27.7% year over year to $58.02 billion. The company also raised its quarterly dividend to $1.65, or $6.60 annually.
• Analysts maintain a generally positive outlook, with the stock receiving a “Moderate Buy” consensus rating and an average price target of $362.88, above the referenced trading price of $333.01.

Dupree Financial Group LLC boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 831.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,034 shares of the financial services provider's stock after buying an additional 20,562 shares during the quarter. JPMorgan Chase & Co. accounts for 2.0% of Dupree Financial Group LLC's investment portfolio, making the stock its 10th largest position. Dupree Financial Group LLC's holdings in JPMorgan Chase & Co. were worth $7,620,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of 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 valued at $19,314,681,000 after purchasing an additional 8,941,351 shares during the last quarter. Ascentis Wealth Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 32,672.0% in 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 purchasing an additional 4,632,891 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of JPMorgan Chase & Co. by 31.5% during the 1st 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 purchasing an additional 1,662,250 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of JPMorgan Chase & Co. by 22.9% during the 2nd 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 purchasing an additional 1,496,676 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Trading Up 0.5%

Shares of JPM stock opened at $333.01 on Friday. The stock has a 50-day simple moving average of $350.36 and a 200 day simple moving average of $328.67. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The stock has a market capitalization of $885.20 billion, a P/E ratio of 14.27, a P/E/G ratio of 1.37 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 - Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating analysts' consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. During the same period in the prior year, the company earned $4.96 EPS. JPMorgan Chase & Co.'s revenue was up 27.7% on a year-over-year basis. On average, sell-side analysts expect that JPMorgan Chase & Co. will post 24.16 earnings per share 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. Stockholders of record on Tuesday, October 6th will be paid a $1.65 dividend. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. JPMorgan Chase & Co.'s dividend payout ratio is presently 28.28%.

Wall Street Analyst Weigh In

JPM has been the subject of a number of analyst reports. Royal Bank Of Canada boosted their target price on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 15th. Wells Fargo & Company increased their target price on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an "overweight" rating in a report on Friday, August 14th. Weiss Ratings upgraded JPMorgan Chase & Co. from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Friday. UBS Group decreased their price target on JPMorgan Chase & Co. from $400.00 to $395.00 and set a "buy" rating for the company in a report on Monday, October 5th. Finally, Evercore reaffirmed an "outperform" rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have issued a Hold rating to the company's stock. According to MarketBeat.com, JPMorgan Chase & Co. has an average rating of "Moderate Buy" and an average target price of $362.88.

Insider Activity

In related news, insider Robin Leopold sold 2,500 shares of the business's stock in a transaction that occurred 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 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: JPMorgan reportedly generated approximately $700 million in first-half 2026 profits from gold, silver, and other metals trading. Strong precious-metals demand could support record industry trading revenue and benefit the bank’s markets business. Gold, silver boom puts US bank trading revenues on track for record $5 billion
• Positive Sentiment: JPMorgan is serving as a joint lead arranger on Volta Infrastructure Holdings’ $5.012 billion leveraged-loan package for data-center leases and GPU capital expenditures, highlighting continued demand for its lending and arranging businesses. Volta launches $5B leveraged loan package
• Positive Sentiment: TD Cowen initiated coverage with a Hold rating and a $370 price target, implying meaningful potential upside from the referenced trading level. Investors are also focused on JPMorgan’s expected third-quarter earnings release on October 13. JPMorgan Q3 earnings preview
• Positive Sentiment: JPMorgan will present at the BancAnalysts Association of Boston Conference on November 5. The event may provide additional updates on treasury management, markets, interest-rate exposure, and capital allocation. JPMorganChase to Present at the BancAnalysts Association of Boston Conference
• Neutral Sentiment: Analysts expect year-over-year revenue and earnings growth, but investors are taking a cautious stance ahead of results because of higher funding costs, expenses, credit risks, and JPMorgan’s premium valuation.
• Neutral Sentiment: JPMorgan continues to receive attention for its artificial-intelligence investments and its estimate of roughly $50 billion in 2026 cryptocurrency inflows, although the earnings impact remains uncertain.
• Negative Sentiment: JPMorgan has warned that rising long-term Treasury yields—driven partly by elevated government debt—could pressure markets and reduce returns for small- and mid-cap assets. Rapidly rising yields can also increase bond-market volatility and financing risks for banks.
• Negative Sentiment: The bank’s research describes U.S. housing affordability as severely strained, with mortgage costs outpacing incomes and activity effectively frozen. A prolonged housing slowdown could weigh on mortgage demand and consumer credit quality.
• Negative Sentiment: CEO Jamie Dimon has cautioned that artificial intelligence could eliminate or significantly change large numbers of jobs. While JPMorgan may gain efficiency from AI, broader labor-market disruption could increase economic and credit concerns.

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.

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