JPMorgan Chase & Co. $JPM Stock: Citizens Financial Group Inc. RI Boosts Holdings

Key Points

• Citizens Financial Group increased its JPMorgan stake by 1.3% in the third quarter to 336,027 shares valued at approximately $111.2 million. Institutional investors collectively own 71.55% of JPMorgan’s outstanding stock.
• JPMorgan’s latest quarterly results missed expectations, with EPS of $5.75 versus a $5.94 consensus and revenue of $50.17 billion versus $51.23 billion expected, though revenue rose 8.1% year over year.
• The bank raised its quarterly dividend to $1.65 per share, equivalent to $6.60 annually and a 1.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $368.10.

Citizens Financial Group Inc. RI grew its stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 1.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 336,027 shares of the financial services provider's stock after acquiring an additional 4,269 shares during the period. JPMorgan Chase & Co. comprises about 1.3% of Citizens Financial Group Inc. RI's holdings, making the stock its 16th biggest position. Citizens Financial Group Inc. RI's holdings in JPMorgan Chase & Co. were worth $111,168,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JPM. Simplicity Wealth LLC boosted its stake in shares of JPMorgan Chase & Co. by 14.6% during the third quarter. Simplicity Wealth LLC now owns 56,338 shares of the financial services provider's stock valued at $18,638,000 after acquiring an additional 7,157 shares during the last quarter. Carolina Wealth Advisors LLC boosted its holdings in shares of JPMorgan Chase & Co. by 168.5% during the third quarter. Carolina Wealth Advisors LLC now owns 400 shares of the financial services provider's stock worth $132,000 after purchasing an additional 251 shares during the last quarter. NTV Asset Management LLC grew its position in shares of JPMorgan Chase & Co. by 0.4% in the third quarter. NTV Asset Management LLC now owns 31,031 shares of the financial services provider's stock valued at $10,266,000 after purchasing an additional 129 shares during the period. Ascent Wealth Partners LLC grew its position in shares of JPMorgan Chase & Co. by 0.3% in the third quarter. Ascent Wealth Partners LLC now owns 51,728 shares of the financial services provider's stock valued at $17,113,000 after purchasing an additional 152 shares during the period. Finally, Evergreen Capital Management LLC grew its position in shares of JPMorgan Chase & Co. by 3.4% in the third quarter. Evergreen Capital Management LLC now owns 101,156 shares of the financial services provider's stock valued at $33,465,000 after purchasing an additional 3,281 shares during the period. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: High-profile IPO mandates could boost investment-banking revenue. JPMorgan reportedly will lead U.S. retail share sales for Anthropic’s planned IPO, potentially allocating 15%–20% of the offering to individual investors. The bank has also secured a prominent role in the anticipated SpaceX offering, reinforcing its position in major technology IPOs and creating opportunities for underwriting and distribution fees. Anthropic Selects JPMorgan to Lead U.S. Retail Share Sales for Planned IPO
• Positive Sentiment: Digital-asset infrastructure is expanding. JPMorgan is among the institutions accessing the DTCC’s new tokenization service, while its JPM Coin deposit token has expanded to the Ethereum blockchain for approved institutional clients. These initiatives could strengthen the bank’s payments, custody and institutional-finance businesses over time. DTCC Unit Launches Tokenization Services
• Positive Sentiment: Asset-management and private-capital initiatives support longer-term growth. J.P. Morgan Asset Management announced a global client-reporting technology partnership, and J.P. Morgan Life Sciences Private Capital led a Series C investment in GT Metabolic Solutions. These announcements are strategically positive but are unlikely to materially affect near-term earnings. J.P. Morgan Asset Management and Kurtosys Partnership
• Neutral Sentiment: JPMorgan added shares of Southside Bancshares in the second quarter. The disclosed institutional purchase reflects portfolio activity rather than a major change to JPMorgan’s operating outlook. Southside Bancshares Q3 2026 Earnings
• Negative Sentiment: Wealth-management client attrition is a potential headwind. An advisory group managing more than $1.4 billion in client assets reportedly left JPMorgan’s wealth-management business for Rockefeller Capital Management. The departure could pressure advisory fees and raises questions about retention, though the impact appears limited relative to JPMorgan’s overall scale. JPMorgan Losing $1.4 Billion in Advisory Assets
• Negative Sentiment: Corporate opposition to tokenized-stock platforms introduces regulatory and reputational risk. JPMorgan and other companies objected to OKXICE’s proposed tokenized-stock push, potentially slowing broader adoption, although the objection is not an indication of weakness in JPMorgan’s own blockchain projects. Companies Oppose OKXICE Tokenized Stock Push

JPMorgan Chase & Co. Trading Up 1.3%

Shares of JPM opened at $343.63 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. The firm has a market capitalization of $913.43 billion, a P/E ratio of 14.41, a price-to-earnings-growth ratio of 1.34 and a beta of 1.02. The stock's fifty day simple moving average is $343.66 and its 200 day simple moving average is $322.92. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.94 by ($0.19). The firm had revenue of $50.17 billion for the quarter, compared to analysts' expectations of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. JPMorgan Chase & Co.'s revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm posted $5.07 EPS. On average, equities research analysts forecast that JPMorgan Chase & Co. will post 23.97 earnings per share 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. Investors of record on Tuesday, October 6th will be given a dividend of $1.65 per share. 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. This represents a $6.60 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.'s dividend payout ratio is currently 27.68%.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. 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 $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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

Several equities analysts recently weighed in on the company. Barclays increased their target price on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 14th. Keefe, Bruyette & Woods reissued an "outperform" rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. UBS Group lowered their price target on JPMorgan Chase & Co. from $400.00 to $395.00 and set a "buy" rating for the company in a report on Monday, October 5th. TD Cowen initiated coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, October 8th. They set a "hold" rating and a $370.00 price objective for the company. Finally, Citigroup cut their price objective on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set a "neutral" rating on the stock in a report on Thursday, October 15th. One investment 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. According to MarketBeat, JPMorgan Chase & Co. presently has an average rating of "Moderate Buy" and an average target price of $368.10.

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, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.

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