289,405 JPMorgan Chase & Co. $JPM Shares Sold by Montrusco Bolton Investments Inc.

Key Points

• Montrusco Bolton Investments cut its JPMorgan stake by 31.3%, selling 289,405 shares and retaining 635,233 shares valued at approximately $210.2 million. Institutional investors and hedge funds own 71.55% of the company.
• JPMorgan’s third-quarter results showed strong growth, with revenue up 8.1% year over year to $50.17 billion and net income of $15.3 billion, but adjusted EPS of $5.75 missed the $5.94 consensus estimate.
• The bank raised its quarterly dividend to $1.65 per share, equivalent to a 2.0% yield, while analysts maintained a “Moderate Buy” consensus and an average price target of $362.88.

Montrusco Bolton Investments Inc. lowered its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 31.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 635,233 shares of the financial services provider's stock after selling 289,405 shares during the quarter. JPMorgan Chase & Co. comprises 3.4% of Montrusco Bolton Investments Inc.'s investment portfolio, making the stock its 9th biggest holding. Montrusco Bolton Investments Inc.'s holdings in JPMorgan Chase & Co. were worth $210,154,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Cascade Investment Group Inc. raised its position in shares of JPMorgan Chase & Co. by 1.4% in the 3rd quarter. Cascade Investment Group Inc. now owns 6,043 shares of the financial services provider's stock worth $1,999,000 after acquiring an additional 82 shares in the last quarter. Financial Futures Ltd Liability Co. boosted its position in shares of JPMorgan Chase & Co. by 84.9% during the 3rd quarter. Financial Futures Ltd Liability Co. now owns 1,148 shares of the financial services provider's stock valued at $380,000 after purchasing an additional 527 shares in the last quarter. First County Bank CT grew its stake in JPMorgan Chase & Co. by 2.6% during the third quarter. First County Bank CT now owns 9,997 shares of the financial services provider's stock worth $3,307,000 after purchasing an additional 253 shares during the period. McGlone Suttner Wealth Management Inc. grew its stake in JPMorgan Chase & Co. by 0.7% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 10,579 shares of the financial services provider's stock worth $3,500,000 after purchasing an additional 74 shares during the period. Finally, Heffernan Advisory Inc. bought a new stake in JPMorgan Chase & Co. in the third quarter worth approximately $266,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the firm's stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the sale, the insider owned 71,047 shares of the company's stock, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company's stock.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan reported third-quarter net income of $15.3 billion, up 6% year over year. Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management earnings increased 13%, 20%, and 11%, respectively. Revenue rose roughly 8% to $50.2 billion. JPMorgan Chase Reports Third-Quarter Net Income
• Positive Sentiment: Management projected approximately $107 billion in 2027 net interest income excluding Markets, implying about $5 billion of growth from annualized fourth-quarter guidance. Executives also characterized delayed corporate deals as postponed rather than canceled, supporting expectations for a recovery in investment banking activity. JPMorgan Sees Deal Delays, Not Cancellations
• Positive Sentiment: JPMorgan appointed Rob Sweeney global chair of investment banking and has added more than 1,000 investment bankers this year, positioning the firm to benefit if mergers, equity issuance, and dealmaking continue to recover. JPMorgan Taps Rob Sweeney
• Positive Sentiment: The bank declared a $1.65-per-share quarterly dividend, while analysts expect its strong capital generation to support another dividend increase in 2027. Prediction: JPMorgan Raises Its Dividend Again
• Neutral Sentiment: JPMorgan is restricting outside AI agents from directly accessing customer accounts, citing security and “rogue agent” risks. It is simultaneously testing an internal Smart Cash tool to forecast cash flows and improve yields, highlighting both the opportunity and control challenges associated with artificial intelligence. JPMorgan Blocks Outside AI Agents
• Neutral Sentiment: The planned Philadelphia headquarters move and hiring of approximately 100 employees represent a modest investment in the bank’s workforce but are unlikely to materially affect near-term earnings. JPMorgan Moves Philadelphia Headquarters
• Negative Sentiment: Adjusted EPS of $5.75 missed the $5.94 consensus estimate, while revenue of approximately $50.2 billion came in below expectations near $51.2 billion. Lower fixed-income trading revenue, investment-securities losses, and weaker-than-expected dealmaking drove the shortfall. JPMorgan Q3 Earnings and Revenue Miss Estimates
• Negative Sentiment: Investors remain concerned that persistent inflation, elevated rates, a flattening yield curve, fiscal deficits, and a potential downturn in the next credit cycle could pressure lending, funding costs, and future credit quality despite currently clean loan performance. Big Banks Show Clean Credit but Investors Fear What Comes Next

JPMorgan Chase & Co. Stock Down 0.7%

Shares of JPM traded down $2.31 during trading hours on Tuesday, hitting $331.99. The stock had a trading volume of 13,751,987 shares, compared to its average volume of 9,213,867. 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 firm has a 50 day simple moving average of $350.00 and a 200-day simple moving average of $329.24. The firm has a market capitalization of $882.49 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 1.37 and a beta of 1.02. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $50.17 billion during the quarter, compared to the consensus estimate of $51.23 billion. During the same period in the previous year, the firm earned $5.07 earnings per share. The business's quarterly revenue was up 8.1% on a year-over-year basis. Sell-side analysts predict that JPMorgan Chase & Co. will post 24.16 EPS 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. Shareholders of record on Tuesday, October 6th will be paid a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Tuesday, October 6th. JPMorgan Chase & Co.'s payout ratio is 28.28%.

Analysts Set New Price Targets

Several equities analysts have issued reports on JPM shares. Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 price target on the stock in a research note on Wednesday, July 22nd. Citigroup raised their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a "neutral" rating in a research report on Monday, July 20th. The Goldman Sachs Group reiterated an "outperform" rating on shares of JPMorgan Chase & Co. in a research note on Tuesday. Morgan Stanley reiterated a "positive" rating and issued a $370.00 price objective on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 15th. Finally, Evercore reiterated an "outperform" rating and set a $360.00 target price on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $362.88.

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.

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