JPMorgan Chase & Co. $JPM Stock Sold by Mcdonald Capital Investors Inc. CA

Key Points

• Mcdonald Capital Investors reduced its JPMorgan Chase stake by 12.3%, selling 30,519 shares and retaining 217,302 shares valued at approximately $71.9 million. 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 missed expectations; revenue nevertheless increased 8.1% year over year.
• The bank raised its quarterly dividend to $1.65 per share, or $6.60 annually, representing a 2.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $368.10, though valuation, expenses and credit risks remain concerns.

Mcdonald Capital Investors Inc. CA lowered its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 12.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 217,302 shares of the financial services provider's stock after selling 30,519 shares during the period. JPMorgan Chase & Co. comprises 5.9% of Mcdonald Capital Investors Inc. CA's portfolio, making the stock its 7th largest holding. Mcdonald Capital Investors Inc. CA's holdings in JPMorgan Chase & Co. were worth $71,890,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JPM. Great Lakes Retirement Inc. grew its holdings in shares of JPMorgan Chase & Co. by 2.2% in the 3rd quarter. Great Lakes Retirement Inc. now owns 32,915 shares of the financial services provider's stock worth $10,889,000 after purchasing an additional 717 shares during the last quarter. Generali Asset Management SPA SGR lifted its holdings in JPMorgan Chase & Co. by 9.2% during the 3rd quarter. Generali Asset Management SPA SGR now owns 178,540 shares of the financial services provider's stock valued at $59,066,000 after purchasing an additional 15,107 shares during the last quarter. IMG Wealth Management Inc. lifted its holdings in JPMorgan Chase & Co. by 4.8% during the 3rd quarter. IMG Wealth Management Inc. now owns 1,590 shares of the financial services provider's stock valued at $526,000 after purchasing an additional 73 shares during the last quarter. Asset Management One Co. Ltd. boosted its position in JPMorgan Chase & Co. by 2.8% in the third quarter. Asset Management One Co. Ltd. now owns 1,354,702 shares of the financial services provider's stock valued at $448,176,000 after buying an additional 36,589 shares in the last quarter. Finally, Semitam Bonam LLC acquired a new position in JPMorgan Chase & Co. in the third quarter valued at about $325,000. Institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Price Performance

Shares of JPM stock opened at $336.96 on Monday. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50. The firm's 50 day moving average is $343.34 and its 200-day moving average is $322.98. The firm has a market capitalization of $895.70 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 1.33 and a beta of 1.03. 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. (NYSE:JPM - Get Free Report) last issued 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 company had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the business earned $5.07 EPS. Sell-side analysts forecast that JPMorgan Chase & Co. will post 23.97 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were issued a dividend of $1.65 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $6.60 annualized dividend and a yield of 2.0%. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is currently 27.68%.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the transaction, the insider directly owned 71,047 shares in the company, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on JPM. Freedom Broker raised shares of JPMorgan Chase & Co. from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 15th. Truist Financial boosted their target price on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the stock a "hold" rating in a report on Wednesday, October 14th. Barclays increased their price target 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. Wells Fargo & Company raised their price target on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an "overweight" rating in a report on Friday, August 14th. Finally, Citigroup dropped their price target on JPMorgan Chase & Co. from $360.00 to $350.00 and set a "neutral" rating for the company in a report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $368.10.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan raised its 2026 net interest income outlook, citing solid loan and deposit growth. The upgrade supports expectations for stronger core banking revenue, although higher expenses and potential credit deterioration remain important offsets. JPMorgan Raises NII Outlook
• Positive Sentiment: A comparison with Bank of America highlights JPMorgan’s stronger revenue trajectory: its quarterly revenue has increased 14% over two years, suggesting continued competitive and operating momentum. Bank of America vs. JPMorgan Chase
• Positive Sentiment: JPMorgan’s research business initiated coverage of Palantir with an overweight rating and a $262 price target, reflecting potential investment-banking and research franchise activity, though the direct effect on JPMorgan’s earnings is likely limited. JPMorgan Is Bullish on Palantir
• Neutral Sentiment: JPMorgan disclosed a 3.2% voting stake in Qiagen through a Netherlands regulatory filing. The position may reflect activity by an investment-management or client account and does not indicate a material change to JPMorgan’s banking outlook. JPMorgan Discloses Stake in Qiagen
• Negative Sentiment: Commentary questioning whether JPMorgan’s shares are too expensive emphasizes rising operating costs, credit risks and a premium valuation. Those concerns can weigh on the stock even as earnings expectations improve. JPMorgan Raises NII Outlook: Is JPM Stock Too Expensive?
• Negative Sentiment: JPMorgan has issued several fixed-income offerings, including 6.00% senior unsecured notes due 2038. The funding activity is routine, but higher borrowing costs and additional liabilities may reinforce investor concerns about expenses and balance-sheet funding. What Is Behind the Latest Attention?

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, 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.

Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.