JPMorgan Chase & Co. $JPM Stock Sold by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora trimmed its position in JPMorgan Chase & Co. (NYSE:JPM) by 18.5% in the third quarter, Holdings Channel reports. The firm owned 28,862 shares of the financial services provider’s stock after selling 6,567 shares during the quarter. JPMorgan Chase & Co. accounts for 1.9% of OLD Second National Bank of Aurora’s holdings, making the stock its 13th biggest holding. OLD Second National Bank of Aurora’s holdings in JPMorgan Chase & Co. were worth $9,548,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPM. Concorde Asset Management LLC grew its position in shares of JPMorgan Chase & Co. by 1.1% in the 2nd quarter. Concorde Asset Management LLC now owns 2,660 shares of the financial services provider’s stock worth $871,000 after acquiring an additional 29 shares in the last quarter. Elevation Wealth Management LLC increased its holdings in shares of JPMorgan Chase & Co. by 1.0% in the 2nd quarter. Elevation Wealth Management LLC now owns 3,074 shares of the financial services provider’s stock valued at $1,006,000 after acquiring an additional 29 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. increased its holdings in shares of JPMorgan Chase & Co. by 0.8% in the 2nd quarter. Henrickson Nauta Wealth Advisors Inc. now owns 3,531 shares of the financial services provider’s stock valued at $1,156,000 after acquiring an additional 29 shares during the last quarter. Arkansas Financial Group Inc. raised its position in shares of JPMorgan Chase & Co. by 1.1% during the 2nd quarter. Arkansas Financial Group Inc. now owns 2,667 shares of the financial services provider’s stock valued at $873,000 after acquiring an additional 30 shares in the last quarter. Finally, Flynn Zito Capital Management LLC raised its position in shares of JPMorgan Chase & Co. by 1.1% during the 2nd quarter. Flynn Zito Capital Management LLC now owns 2,830 shares of the financial services provider’s stock valued at $926,000 after acquiring an additional 30 shares in the last quarter. 71.55% of the stock is owned by institutional investors.

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

JPMorgan Chase & Co. Stock Up 0.5%

JPM stock opened at $335.86 on Wednesday. The stock has a market cap of $892.78 billion, a PE ratio of 14.09 and a beta of 1.02. The firm’s 50-day simple moving average is $344.41 and its 200 day simple moving average is $322.80. 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) last posted its 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 business had revenue of $50.17 billion for the quarter, compared to analysts’ expectations of $51.23 billion. During the same period last year, the firm earned $5.07 earnings per share. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. Equities analysts forecast that JPMorgan Chase & Co. will post 23.97 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be issued a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. 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. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.68%.

Analyst Upgrades and Downgrades

JPM has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Zacks Research downgraded shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Royal Bank Of Canada reiterated an “outperform” rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 14th. Weiss Ratings cut shares of JPMorgan Chase & Co. from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday. Finally, Morgan Stanley raised their price target on shares of JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 14th. One research 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 company. Based on data from MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and an average price target of $368.10.

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at $25,066,092.07. This represents a 3.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company’s stock.

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.