River Street Advisors LLC Sells 1,758 Shares of JPMorgan Chase & Co. $JPM

River Street Advisors LLC cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 7.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,117 shares of the financial services provider’s stock after selling 1,758 shares during the period. JPMorgan Chase & Co. makes up about 2.1% of River Street Advisors LLC’s holdings, making the stock its 11th largest holding. River Street Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $6,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MLP3 LLC lifted its position in JPMorgan Chase & Co. by 7.1% during the third quarter. MLP3 LLC now owns 5,315 shares of the financial services provider’s stock worth $1,758,000 after buying an additional 351 shares in the last quarter. Andrew Hill Investment Advisors Inc. boosted its stake in JPMorgan Chase & Co. by 48.8% during the third quarter. Andrew Hill Investment Advisors Inc. now owns 8,044 shares of the financial services provider’s stock worth $2,661,000 after buying an additional 2,638 shares during the last quarter. MBL Wealth LLC boosted its stake in JPMorgan Chase & Co. by 4.7% during the third quarter. MBL Wealth LLC now owns 13,857 shares of the financial services provider’s stock worth $4,584,000 after buying an additional 625 shares during the last quarter. Demars Financial Group LLC grew its holdings in JPMorgan Chase & Co. by 4.2% in the 3rd quarter. Demars Financial Group LLC now owns 1,533 shares of the financial services provider’s stock valued at $507,000 after buying an additional 62 shares in the last quarter. Finally, T3 Companies LLC purchased a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at $533,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the company’s 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 transaction, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by company insiders.

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock opened at $335.86 on Wednesday. The firm’s 50 day moving average price is $344.41 and its 200-day moving average price is $322.80. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The firm has a market cap of $892.78 billion, a P/E ratio of 14.09 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $51.23 billion. During the same period in the prior year, the firm earned $5.07 earnings per share. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. As a group, research analysts predict 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. Shareholders of record on Tuesday, October 6th will be paid a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.’s payout ratio is currently 27.68%.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan’s approval to operate a merchant bank in Nigeria expands its opportunity in corporate banking, capital markets and cross-border financing. The move could support long-term growth in an important emerging market. Will JPMorgan’s Nigeria Expansion Bolster Its Growth Prospects?
• Positive Sentiment: Commentary argues JPMorgan may be undervalued following the expansion of JPM Coin, blockchain initiatives and tokenized-fund capabilities. These businesses could improve payments, settlement efficiency and fee growth over time. JPMorgan Stock Could Be 33% Undervalued Following JPM Coin Expansion
• Positive Sentiment: Wall Street brokerages collectively rate JPM “Moderate Buy,” providing continued analyst support despite the recent earnings shortfall. JPMorgan Stock Now Rated Moderate Buy
• Neutral Sentiment: JPMorgan updated its 2027 earnings-review schedule, with conference calls planned for April 13, July 13, October 12 and January 13, 2028. The announcement is routine but gives investors visibility into upcoming reporting dates. JPMorganChase Updates 2027 Earnings Release Date Information
• Neutral Sentiment: JPMorgan-related commentary says Bitcoin could outperform stocks, bonds and gold over the next decade, although the bank remains skeptical and this view has limited direct impact on JPM’s near-term earnings. JPMorgan’s Long-Term Bitcoin Outlook
• Negative Sentiment: Dimon cited deficits, persistent inflation, elevated asset prices, rising interest rates and geopolitical tensions as threats to the economy. JPMorgan has reportedly set aside $2.7 billion for credit losses, slowed buybacks to about $1 billion and tightened lending standards, signaling caution about future borrower stress. Jamie Dimon’s Five Economic Threats

Analysts Set New Price Targets

JPM has been the subject of a number of recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research report on Wednesday, July 22nd. Morgan Stanley boosted their price target on shares of JPMorgan Chase & Co. from $370.00 to $377.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 14th. UBS Group dropped their price objective on shares of JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating for the company in a report on Monday, October 5th. Finally, Evercore restated an “outperform” rating and set a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.