JPMorgan Chase & Co. $JPM Shares Sold by Smith Chas P & Associates PA Cpas

Key Points

• Smith Chas P & Associates reduced its JPMorgan Chase stake by 3.2% in the second quarter, selling 9,483 shares and retaining 288,483 shares valued at approximately $94.4 million.
• Institutional investors and hedge funds own approximately 71.55% of JPMorgan’s outstanding shares, with several firms adding to their positions during the quarter.
• Analysts maintain a Moderate Buy consensus with an average price target of $363.29; JPMorgan also reported quarterly earnings above estimates and raised its quarterly dividend to $1.65 per share.

Smith Chas P & Associates PA Cpas lessened its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 288,483 shares of the financial services provider's stock after selling 9,483 shares during the period. JPMorgan Chase & Co. makes up approximately 4.6% of Smith Chas P & Associates PA Cpas' holdings, making the stock its 4th largest position. Smith Chas P & Associates PA Cpas' holdings in JPMorgan Chase & Co. were worth $94,429,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of JPM. Marathon Wealth Advisors LLC grew its position in JPMorgan Chase & Co. by 1.4% during the second quarter. Marathon Wealth Advisors LLC now owns 14,499 shares of the financial services provider's stock worth $4,746,000 after buying an additional 203 shares in the last quarter. U S Wealth Group LLC. raised its stake in JPMorgan Chase & Co. by 11.7% during the second quarter. U S Wealth Group LLC. now owns 11,454 shares of the financial services provider's stock worth $3,749,000 after acquiring an additional 1,204 shares in the last quarter. Bouchey Financial Group Ltd. lifted its holdings in JPMorgan Chase & Co. by 2.1% during the 2nd quarter. Bouchey Financial Group Ltd. now owns 8,495 shares of the financial services provider's stock valued at $2,781,000 after purchasing an additional 172 shares during the last quarter. Core Capital Management & Research inc. acquired a new position in shares of JPMorgan Chase & Co. in the 2nd quarter worth approximately $1,106,000. Finally, Tortoise Investment Management LLC boosted its stake in JPMorgan Chase & Co. by 2.0% in the second quarter. Tortoise Investment Management LLC now owns 7,492 shares of the financial services provider's stock worth $2,452,000 after purchasing an additional 146 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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

Wall Street Analysts Forecast Growth

JPM has been the topic of several research analyst reports. Zacks Research cut shares of JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 14th. Keefe, Bruyette & Woods upped their price target on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an "outperform" rating in a research note on Wednesday, July 15th. UBS Group raised their price objective on JPMorgan Chase & Co. from $384.00 to $400.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Barclays lifted their price target on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the company an "overweight" rating in a research note on Wednesday, July 15th. Finally, Bank of America upped their price target on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a "buy" rating in a research report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $363.29.

JPMorgan Chase & Co. Trading Down 0.3%

Shares of JPMorgan Chase & Co. stock opened at $332.18 on Friday. The business has a fifty day simple moving average of $352.44 and a two-hundred day simple moving average of $327.11. 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 capitalization of $882.99 billion, a price-to-earnings ratio of 14.23, a P/E/G ratio of 1.39 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 announced its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS 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 business had revenue of $58.02 billion for the quarter, compared to analyst estimates of $50.72 billion. During the same quarter in the prior year, the business earned $4.96 EPS. JPMorgan Chase & Co.'s quarterly revenue was up 27.7% on a year-over-year basis. Research analysts forecast that JPMorgan Chase & Co. will post 24.11 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be given a $1.65 dividend. The ex-dividend date of this dividend is Tuesday, October 6th. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 25.71%.

Insider Activity

In other news, insider Robin Leopold sold 2,500 shares of the firm'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 transaction, the insider directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by insiders.

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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