JPMorgan Chase & Co. $JPM Stock Sold by Strategy Asset Managers LLC

Key Points

• Strategy Asset Managers reduced its JPMorgan stake by 4.7% in the third quarter, selling 3,264 shares and retaining 66,393 shares valued at approximately $22.0 million. Institutional investors collectively own 71.55% of JPM stock.
• JPMorgan’s third-quarter results fell short of estimates, with adjusted EPS of $5.75 versus $5.94 expected and revenue of $50.17 billion versus $51.23 billion forecast, despite 8.1% year-over-year revenue growth.
• The bank raised its quarterly dividend to $1.65 per share, while analysts remain moderately bullish with a consensus “Moderate Buy” rating and a $365.45 average price target; price targets range from $350 to $390.

Strategy Asset Managers LLC lessened its stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,393 shares of the financial services provider's stock after selling 3,264 shares during the period. JPMorgan Chase & Co. comprises 2.8% of Strategy Asset Managers LLC's investment portfolio, making the stock its 6th largest holding. Strategy Asset Managers LLC's holdings in JPMorgan Chase & Co. were worth $21,965,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Harbor Group Inc. boosted its stake in JPMorgan Chase & Co. by 6.7% in the 3rd quarter. Harbor Group Inc. now owns 4,075 shares of the financial services provider's stock worth $1,348,000 after purchasing an additional 255 shares during the period. Weil Company Inc. grew its position in JPMorgan Chase & Co. by 0.4% during the 3rd quarter. Weil Company Inc. now owns 9,478 shares of the financial services provider's stock worth $3,136,000 after purchasing an additional 42 shares in the last quarter. Western Financial Corp CA grew its position in JPMorgan Chase & Co. by 1.6% during the 3rd quarter. Western Financial Corp CA now owns 3,363 shares of the financial services provider's stock worth $1,113,000 after purchasing an additional 54 shares in the last quarter. Financial Planning Navigators CORP grew its position in JPMorgan Chase & Co. by 9.8% during the 3rd quarter. Financial Planning Navigators CORP now owns 1,542 shares of the financial services provider's stock worth $510,000 after purchasing an additional 138 shares in the last quarter. Finally, Mezzasalma Advisors LLC grew its position in JPMorgan Chase & Co. by 5.5% during the 3rd quarter. Mezzasalma Advisors LLC now owns 1,598 shares of the financial services provider's stock worth $529,000 after purchasing an additional 84 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: Management raised expectations for 2027 net interest income, while resilient consumer activity, asset inflows and growth across business segments reinforced JPMorgan’s financial strength. Analysts at RBC maintained an Outperform rating with a $370 price target, and Morgan Stanley raised its target to $377. JPMorgan Q3 Earnings Call Highlights
• Positive Sentiment: JPMorgan declared dividends on its Series DD, EE, GG, JJ, LL, MM and NN preferred shares. The announcement is routine but highlights the bank’s capacity to continue returning capital to investors. JPMorganChase Declares Preferred Stock Dividends
• Neutral Sentiment: CEO Jamie Dimon said JPMorgan will block unvetted third-party AI agents from customer accounts to prevent unauthorized activity. The policy may reduce security and compliance risks, although it could limit customers’ ability to use outside tools to optimize cash balances—a potential pressure on banks’ net interest income. JPMorgan Blocks Outside AI Agents
• Negative Sentiment: JPMorgan’s third-quarter results missed estimates: adjusted earnings were $5.75 per share versus a $5.94 consensus, while revenue of roughly $50.9 billion also fell short of expectations. The miss, combined with recently strong valuation, has raised concerns that much of the upside is already reflected in JPM shares. JPMorgan Q3 Earnings Miss
• Negative Sentiment: Dimon warned that the probability of a market shock is higher than Wall Street generally assumes and cautioned that prolonged high interest rates could weaken consumer credit. Those comments could increase concerns about future loan losses and economic risk. Jamie Dimon Warns of Market Trouble
• Negative Sentiment: Citigroup lowered its JPMorgan price target to $350 and retained a Neutral rating, reflecting limited perceived upside after the earnings report. Citigroup Lowers JPMorgan Price Target

JPMorgan Chase & Co. Price Performance

Shares of JPM opened at $335.42 on Friday. The business's 50-day moving average is $348.58 and its 200-day moving average is $330.17. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $891.61 billion, a price-to-earnings ratio of 14.07, a P/E/G ratio of 1.38 and a beta of 1.02. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week 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 EPS for the quarter, missing the consensus estimate of $5.94 by ($0.19). The company had revenue of $50.17 billion for 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 for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.07 earnings per share. Equities research analysts expect that JPMorgan Chase & Co. will post 24.18 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

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

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the sale, the insider owned 71,047 shares in the company, valued at $25,066,092.07. This represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 target price on the stock in a research note on Wednesday, July 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $370.00 target price on shares of JPMorgan Chase & Co. in a research report on Wednesday. Keefe, Bruyette & Woods reaffirmed an "outperform" rating on shares of JPMorgan Chase & Co. in a research report on Wednesday. TD Cowen initiated coverage on JPMorgan Chase & Co. in a report on Thursday, October 8th. They set a "hold" rating and a $370.00 price target on the stock. Finally, Wells Fargo & Company lifted 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and thirteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of "Moderate Buy" and a consensus price target of $365.45.

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, 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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