Curated Wealth Partners LLC Sells 279,304 Shares of JPMorgan Chase & Co. $JPM

Key Points

• Curated Wealth Partners cut its JPMorgan stake by 96.2% in the third quarter, selling 279,304 shares and retaining 11,177 shares worth approximately $3.7 million.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $365.45, despite some recent target reductions and neutral ratings.
• JPMorgan’s latest quarterly results missed expectations, with EPS of $5.75 versus $5.94 expected and revenue of $50.17 billion versus $51.23 billion; however, the bank raised its quarterly dividend to $1.65 per share.

Curated Wealth Partners LLC reduced its position in JPMorgan Chase & Co. (NYSE:JPM) by 96.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,177 shares of the financial services provider's stock after selling 279,304 shares during the period. JPMorgan Chase & Co. makes up about 0.3% of Curated Wealth Partners LLC's holdings, making the stock its 29th biggest holding. Curated Wealth Partners LLC's holdings in JPMorgan Chase & Co. were worth $3,698,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. MBM Wealth Consultants LLC acquired a new position in JPMorgan Chase & Co. in the first quarter worth $29,000. Horizons Wealth Management acquired a new position in shares of JPMorgan Chase & Co. during the third quarter valued at $31,000. Aventus Investment Advisors Inc. acquired a new stake in JPMorgan Chase & Co. in the second quarter worth approximately $33,000. Osbon Capital Management LLC acquired a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $35,000. Finally, Timbuktu Capital Management LLC acquired a new position in shares of JPMorgan Chase & Co. in the second quarter worth about $50,000. Institutional investors own 71.55% of the company's stock.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. 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 sale, the insider directly owned 71,047 shares in the company, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company's stock.

Analysts Set New Price Targets

JPM has been the topic of several research analyst reports. Barclays lifted their target price on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday. TD Cowen assumed coverage on shares of JPMorgan Chase & Co. in a report on Thursday, October 8th. They set a "hold" rating and a $370.00 price objective on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 target price on the stock in a research report on Wednesday, July 22nd. Jefferies Financial Group reissued a "neutral" rating on shares of JPMorgan Chase & Co. in a report on Friday, September 25th. Finally, Weiss Ratings upgraded JPMorgan Chase & Co. from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $365.45.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan reported approximately $15.3 billion in third-quarter net income and added more than 650,000 net new checking accounts, highlighting continued customer and deposit growth. JPMorgan Chase: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts remain constructive: Royal Bank of Canada reiterated an Outperform rating, while Morgan Stanley and Robert W. Baird published bullish outlooks. Investors may view JPMorgan’s scale, profitability and balance-sheet strength as defensive advantages if economic conditions deteriorate. JPMorgan Earns Outperform Rating from Royal Bank of Canada
• Positive Sentiment: The bank’s decision to block unvetted third-party AI agents from customer accounts could reduce cybersecurity, fraud and operational risks, while its AI strategy continues to develop under tighter controls. Jamie Dimon Warns About AI Payment Agents
• Neutral Sentiment: Citigroup lowered its price target from $360 to $350 while maintaining a Neutral rating, suggesting limited near-term upside but no major deterioration in its view. Citigroup Lowers JPMorgan Price Target
• Neutral Sentiment: JPMorgan and Goldman Sachs increased the yield and improved terms on a $5 billion leveraged loan for Volta Infrastructure, indicating stronger investor compensation is needed for riskier AI-related debt. This may support fee activity but also underscores tighter credit-market conditions. JPMorgan and Goldman Boost Yield on Volta AI Loan
• Negative Sentiment: The third-quarter earnings release included an EPS miss, while revenue also came in below consensus estimates. The shortfall has raised questions about whether the stock’s recent gains already reflect much of its earnings strength. JPMorgan Misses Third Quarter Earnings
• Negative Sentiment: One Seeking Alpha analysis downgraded JPMorgan to Hold, citing leverage as a potential constraint on future earnings. CEO Jamie Dimon also warned that inflation, elevated asset prices, bond yields and the possibility of a market shock remain important risks. JPMorgan Leverage a Concern to Future Earnings

JPMorgan Chase & Co. Stock Up 1.2%

Shares of JPMorgan Chase & Co. stock opened at $339.49 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $902.43 billion, a P/E ratio of 14.55, a price-to-earnings-growth ratio of 1.33 and a beta of 1.02. The business has a 50-day moving average of $348.22 and a two-hundred day moving average of $330.24. 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 announced its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($0.19). The company had revenue of $50.17 billion during the quarter, compared to the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business's quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.07 EPS. As a group, equities analysts predict that JPMorgan Chase & Co. will post 23.74 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be given a dividend of $1.65 per share. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.'s payout ratio is currently 27.68%.

JPMorgan Chase & Co. Company 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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