JPMorgan Chase & Co. $JPM Stock: Sepio Capital LP Cuts Position

Key Points

• Sepio Capital cut its JPMorgan position by 59.3% in the third quarter, selling 3,344 shares and retaining 2,293 shares valued at approximately $759,000. Institutional investors collectively own 71.55% of the company.
• JPMorgan reported quarterly earnings of $5.75 per share, below the $5.94 consensus estimate, while revenue of $50.17 billion also fell short of expectations. Revenue nevertheless increased 8.1% year over year, with analysts projecting $23.97 in full-year EPS.
• The bank raised its quarterly dividend from $1.50 to $1.65 per share, equivalent to a 2.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $368.10.

Sepio Capital LP lowered its position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 59.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,293 shares of the financial services provider's stock after selling 3,344 shares during the quarter. Sepio Capital LP's holdings in JPMorgan Chase & Co. were worth $759,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WP Advisors LLC boosted its holdings in shares of JPMorgan Chase & Co. by 0.4% in the third quarter. WP Advisors LLC now owns 16,547 shares of the financial services provider's stock valued at $5,474,000 after acquiring an additional 62 shares in the last quarter. Strategic Planning Group LLC raised its holdings in JPMorgan Chase & Co. by 3.5% during the third quarter. Strategic Planning Group LLC now owns 44,410 shares of the financial services provider's stock worth $14,692,000 after purchasing an additional 1,515 shares in the last quarter. Benin Management CORP raised its holdings in JPMorgan Chase & Co. by 3.7% during the third quarter. Benin Management CORP now owns 25,431 shares of the financial services provider's stock worth $8,413,000 after purchasing an additional 900 shares in the last quarter. Brookstone Capital Management lifted its position in JPMorgan Chase & Co. by 12.1% in the third quarter. Brookstone Capital Management now owns 160,269 shares of the financial services provider's stock valued at $53,022,000 after purchasing an additional 17,335 shares during the period. Finally, Virtue Asset Management LLC lifted its position in JPMorgan Chase & Co. by 3.0% in the third quarter. Virtue Asset Management LLC now owns 7,063 shares of the financial services provider's stock valued at $2,337,000 after purchasing an additional 206 shares during the period. Hedge funds and other institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Price Performance

JPM stock opened at $334.12 on Tuesday. The firm has a 50 day moving average of $345.50 and a 200-day moving average of $322.76. The company has a market cap of $888.16 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 1.31 and a beta of 1.02. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released 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 firm had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business's revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.07 EPS. As a group, equities analysts expect that JPMorgan Chase & Co. will post 23.97 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared 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. This is an increase 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%. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.68%.

JPMorgan Chase & Co. News Roundup

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

• Positive Sentiment: Nigeria expansion creates new growth opportunities. JPMorgan received approval to establish a merchant bank in Nigeria, allowing it to pursue corporate banking, capital-markets and cross-border financing business in a fast-growing African market. The expansion could strengthen the bank’s international fee revenue and client relationships. Will JPMorgan's Nigeria Expansion Bolster Its Growth Prospects?
• Positive Sentiment: Blockchain initiatives reinforce JPMorgan’s technology and payments strategy. Coverage highlights nearly $900 million invested in tokenized funds across Ethereum and Solana, along with the expansion of JPM Coin and tokenized-fund capabilities. These initiatives could eventually support new transaction, custody and financing revenue streams, while analysts view the stock as potentially undervalued relative to its profitability and growth prospects. JPMorgan Has Nearly $900 Million in Tokenized Funds on Ethereum and Solana
• Positive Sentiment: JPMorgan strategists see potential relief for equities if bond yields stabilize. The bank’s strategists believe the recent increase in government bond yields may be overextended. Stabilizing yields could reduce pressure on equity markets and improve conditions for investment banking and asset-management activity. Could Stabilising Bond Yields Support Equities Through Year-End?
• Neutral Sentiment: J.P. Morgan Mortgage Trust received preliminary ratings for a $340.9 million pool of primarily prime residential mortgage loans. The securitization supports JPMorgan’s mortgage-finance operations but is not a major direct catalyst for JPM shares. KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2026-9
• Neutral Sentiment: JPMorgan affiliates ceased being substantial holders in several Australian mining companies. These portfolio-position changes appear unrelated to JPMorgan’s core operating performance and are unlikely to significantly affect JPM stock. JPMorgan Ceases to Be Substantial Holder in Deep Yellow
• Negative Sentiment: A seven-member Houston team departed J.P. Morgan for Rockefeller Capital Management. The move could raise limited concerns about talent retention in wealth management, though its financial impact appears modest. Rockefeller Adds J.P. Morgan Team in Houston

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction 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 of the company's stock, valued at $25,066,092.07. The trade was a 3.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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 corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on JPM shares. Evercore reaffirmed an "outperform" rating and issued a $360.00 price objective on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Bank of America increased their target price on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a "buy" rating in a research note on Thursday, July 16th. Robert W. Baird raised their price target on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the company a "neutral" rating in a report on Wednesday, October 14th. Zacks Research downgraded JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 14th. Finally, Keefe, Bruyette & Woods restated an "outperform" rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of "Moderate Buy" and a consensus price target of $368.10.

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, 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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