JPMorgan Chase & Co. $JPM Shares Sold by Ferguson Wellman Capital Management Inc.

Key Points

• Ferguson Wellman Capital Management reduced its JPMorgan stake by 16.3% in the third quarter, selling 118,758 shares and retaining 609,443 shares valued at approximately $201.6 million.
• JPMorgan reported strong quarterly results, with earnings of $6.14 per share and revenue of $58.02 billion, both above analyst expectations. The stock has a “Moderate Buy” consensus rating and an average price target of $363.08.
• JPMorgan increased its quarterly dividend to $1.65 per share, equivalent to $6.60 annually and a 2.0% yield; an insider also sold 2,500 shares under a pre-arranged trading plan.

Ferguson Wellman Capital Management Inc. cut its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 16.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 609,443 shares of the financial services provider's stock after selling 118,758 shares during the quarter. JPMorgan Chase & Co. comprises 2.4% of Ferguson Wellman Capital Management Inc.'s holdings, making the stock its 8th biggest position. Ferguson Wellman Capital Management Inc.'s holdings in JPMorgan Chase & Co. were worth $201,622,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. State Street Corp lifted its holdings in shares of JPMorgan Chase & Co. by 0.8% during the second quarter. State Street Corp now owns 125,209,293 shares of the financial services provider's stock worth $40,984,758,000 after buying an additional 932,632 shares in the last quarter. Bank of America Corp DE raised its stake in shares of JPMorgan Chase & Co. by 6.1% during the second quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider's stock valued at $22,804,018,000 after acquiring an additional 4,006,293 shares during the last quarter. Norges Bank bought a new position in JPMorgan Chase & Co. during the 4th quarter worth $11,396,496,000. Bank of New York Mellon Corp grew its position in shares of JPMorgan Chase & Co. by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider's stock valued at $7,084,339,000 after buying an additional 540,362 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of JPMorgan Chase & Co. by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider's stock worth $5,578,788,000 after purchasing an additional 607,288 shares during the period. 71.55% of the stock is owned by institutional investors.

Insider Activity at JPMorgan Chase & Co.

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 transaction of $882,025.00. Following the completion of the transaction, the insider owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 company insiders.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: Scale and diversification reinforce JPM’s competitive moat. JPMorgan earned more in 2025 than Bank of America and Wells Fargo combined, reflecting its greater scale across consumer banking, cards, payments, commercial banking, investment banking, trading and wealth management. This breadth can support steadier revenue and profitability through different market cycles. JPMorgan Chase Earned More in 2025 Than Bank of America and Wells Fargo Combined
• Positive Sentiment: JPMorgan is helping roll out Versana’s loan-voting platform. JPMorgan is among five leading agent banks supporting Versana Loan Voting, a digital platform intended to automate amendment voting in syndicated-loan and private-credit markets. The initiative could improve operational efficiency and reinforce JPM’s role in corporate lending infrastructure, though the direct financial impact is likely modest initially. Versana’s Digital Loan Voting Platform is Live
• Neutral Sentiment: JPMorgan’s market strategist sees resilient equities despite higher yields. Mislav Matejka expects earnings strength and resilient economic growth to support stocks, while rising borrowing costs weaken investor sentiment. For JPM, higher yields may help interest income but can pressure equity valuations, bond portfolios and credit conditions. Equities Won’t Be Dragged by Spike in Bond Yields
• Neutral Sentiment: JPMorgan’s October stock-pick updates provide little direct catalyst for JPM shares. The bank added companies including American Express, Liberty Energy and Thermo Fisher to its favored-stock lists. This highlights ongoing research activity but does not change JPMorgan’s own earnings outlook. JPMorgan Adds Stocks to October Picks List

Wall Street Analysts Forecast Growth

JPM has been the subject of a number of research analyst reports. Zacks Research lowered JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. Barclays increased their target price on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 15th. Robert W. Baird upped their target price on shares of JPMorgan Chase & Co. from $295.00 to $305.00 and gave the stock a "neutral" rating in a report on Wednesday, July 15th. Jefferies Financial Group reiterated a "neutral" rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. Finally, Citigroup boosted their target price on JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a "neutral" rating in a research note on Monday, July 20th. Sixteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $363.08.

JPMorgan Chase & Co. Stock Up 0.2%

JPM stock traded up $0.56 on Monday, reaching $332.94. 1,927,784 shares of the company traded hands, compared to its average volume of 9,244,871. 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 company has a market cap of $885.02 billion, a P/E ratio of 14.27, a price-to-earnings-growth ratio of 1.39 and a beta of 1.02. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The firm has a fifty day simple moving average of $352.44 and a 200-day simple moving average of $327.40.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the firm earned $4.96 earnings per share. The firm's quarterly revenue was up 27.7% compared to the same quarter last year. Research analysts anticipate that JPMorgan Chase & Co. will post 24.11 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be issued a $1.65 dividend. This represents a $6.60 annualized dividend and a dividend 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 presently 25.71%.

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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