JPMorgan Chase & Co. $JPM Shares Purchased by National Pension Service

Key Points

• National Pension Service increased its JPMorgan stake by 0.7% in the second quarter, adding 36,291 shares to own 5.55 million shares valued at approximately $1.82 billion. Institutional investors hold 71.55% of JPMorgan’s outstanding stock.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $363.29; JPMorgan recently exceeded quarterly earnings and revenue expectations.
• JPMorgan raised its quarterly dividend from $1.50 to $1.65 per share, equivalent to a $6.60 annualized payout and a 2.0% yield.

National Pension Service increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 0.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,549,588 shares of the financial services provider's stock after buying an additional 36,291 shares during the period. JPMorgan Chase & Co. accounts for approximately 1.2% of National Pension Service's holdings, making the stock its 16th biggest position. National Pension Service owned about 0.21% of JPMorgan Chase & Co. worth $1,816,547,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in JPM. Cidel Asset Management Inc. increased its position in JPMorgan Chase & Co. by 3.7% during the second quarter. Cidel Asset Management Inc. now owns 97,432 shares of the financial services provider's stock worth $31,892,000 after acquiring an additional 3,446 shares during the period. Concorde Asset Management LLC lifted its stake in shares of JPMorgan Chase & Co. by 1.1% in the second quarter. Concorde Asset Management LLC now owns 2,660 shares of the financial services provider's stock valued at $871,000 after buying an additional 29 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of JPMorgan Chase & Co. by 3.9% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 42,093 shares of the financial services provider's stock valued at $13,778,000 after buying an additional 1,590 shares during the period. NorthRock Partners LLC grew its position in JPMorgan Chase & Co. by 3.4% during the second quarter. NorthRock Partners LLC now owns 62,473 shares of the financial services provider's stock worth $20,449,000 after buying an additional 2,063 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in JPMorgan Chase & Co. by 18.0% during the second quarter. Integrated Wealth Concepts LLC now owns 233,142 shares of the financial services provider's stock worth $76,314,000 after buying an additional 35,582 shares in the last quarter. 71.55% of the stock is owned by institutional investors.

Insiders Place Their Bets

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 transaction of $882,025.00. Following the completion of the transaction, the insider owned 71,047 shares in the company, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on JPM. Truist Financial upped their price target on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a "hold" rating in a report on Wednesday, July 15th. Weiss Ratings upgraded JPMorgan Chase & Co. from a "buy (b)" rating to a "buy (b+)" rating in a research report on Wednesday, September 2nd. The Goldman Sachs Group restated a "buy" rating and issued a $418.00 target price on shares of JPMorgan Chase & Co. in a research note on Tuesday, July 14th. Robert W. Baird lifted their price target on shares of JPMorgan Chase & Co. from $295.00 to $305.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 15th. Finally, Bank of America boosted their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, July 16th. Sixteen research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $363.29.

JPMorgan Chase & Co. Stock Performance

Shares of JPMorgan Chase & Co. stock opened at $332.18 on Friday. The firm has a fifty day moving average of $352.44 and a two-hundred day moving average of $327.11. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $882.99 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 1.39 and a beta of 1.02. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.59 by $0.55. The business had revenue of $58.02 billion for the quarter, compared to analyst estimates of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The firm's revenue was up 27.7% on a year-over-year basis. During the same period last year, the company earned $4.96 EPS. As a group, equities research analysts predict that JPMorgan Chase & Co. will post 24.11 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be paid a dividend of $1.65 per share. This represents a $6.60 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. JPMorgan Chase & Co.'s payout ratio is 25.71%.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan’s strong earnings-surprise history and favorable Zacks indicators suggest the bank may again exceed estimates in its upcoming quarterly report. Will JPMorgan Chase & Co. Beat Estimates Again?
• Positive Sentiment: Analysts collectively maintain a “Moderate Buy” recommendation, supporting the view that JPM’s valuation remains attractive despite recent weakness. JPMorgan Receives Moderate Buy Consensus
• Positive Sentiment: J.P. Morgan Payments partnered with Al Salam Bank on an overnight Murabaha liquidity solution, expanding its payments and Islamic-finance capabilities in Bahrain. Al Salam Bank and J.P. Morgan Payments Feature Liquidity Solution
• Positive Sentiment: The Federal Reserve’s revamped stress-testing framework could reduce volatility in banks’ capital requirements and improve planning visibility for JPMorgan. Fed Revamps Bank Stress Tests
• Positive Sentiment: JPMorgan remains highlighted as an income-oriented stock with an upcoming dividend ex-date, which may support demand from dividend investors. High-Yield Dividends With Ex-Dates Days Away
• Neutral Sentiment: JPMorgan’s bond-market activity shows continued access to wholesale funding, but investors are assessing whether the additional borrowing improves growth or pressures the capital structure. JPMorgan Taps Bond Markets
• Neutral Sentiment: The elevation of Doug Petno and Troy Rohrbaugh to co-presidents advances succession planning, but also increases investor focus on the eventual replacement for CEO Jamie Dimon. JPMorgan Elevates Co-Presidents
• Negative Sentiment: JPMorgan’s credit-loss reserve grew even though provisions declined year over year during the first half of 2026. The unusual combination may signal conservatism, but it also raises questions about management’s expectations for future loan losses ahead of third-quarter results. JPMorgan Reserves for Losses That Have Not Arrived
• Negative Sentiment: Broad selling across money-center banks has weighed on JPMorgan and the wider financial sector, reflecting reduced investor risk appetite rather than a company-specific catalyst. Bank Stocks Slide

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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