Pinnacle Bancorp Inc. Sells 3,825 Shares of JPMorgan Chase & Co. $JPM

Pinnacle Bancorp Inc. lowered its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 19.0% during the third quarter, HoldingsChannel.com reports. The fund owned 16,359 shares of the financial services provider’s stock after selling 3,825 shares during the period. JPMorgan Chase & Co. accounts for about 1.4% of Pinnacle Bancorp Inc.’s portfolio, making the stock its 13th biggest position. Pinnacle Bancorp Inc.’s holdings in JPMorgan Chase & Co. were worth $5,412,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Obermeyer Wealth Partners boosted its position in JPMorgan Chase & Co. by 1.5% during the 3rd quarter. Obermeyer Wealth Partners now owns 34,275 shares of the financial services provider’s stock valued at $11,339,000 after purchasing an additional 516 shares during the period. Cardinal Capital Management grew its stake in JPMorgan Chase & Co. by 0.7% during the 3rd quarter. Cardinal Capital Management now owns 58,857 shares of the financial services provider’s stock worth $19,472,000 after buying an additional 434 shares during the last quarter. Oakmont Investment Advisors Inc. increased its position in JPMorgan Chase & Co. by 1.2% in the third quarter. Oakmont Investment Advisors Inc. now owns 5,230 shares of the financial services provider’s stock worth $1,730,000 after buying an additional 61 shares during the period. Foster Victor Wealth Advisors LLC increased its position in JPMorgan Chase & Co. by 4.4% in the third quarter. Foster Victor Wealth Advisors LLC now owns 14,367 shares of the financial services provider’s stock worth $4,792,000 after buying an additional 609 shares during the period. Finally, Kachkovsky & Fisher Inc. increased its position in JPMorgan Chase & Co. by 6.9% in the third quarter. Kachkovsky & Fisher Inc. now owns 997 shares of the financial services provider’s stock worth $330,000 after buying an additional 64 shares during the period. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on JPM shares. TD Cowen began coverage on JPMorgan Chase & Co. in a research note on Thursday, October 8th. They issued a “hold” rating and a $370.00 target price on the stock. Weiss Ratings lowered shares of JPMorgan Chase & Co. from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday. The Goldman Sachs Group reaffirmed an “outperform” rating and issued a $392.00 price objective on shares of JPMorgan Chase & Co. in a report on Tuesday, October 13th. Evercore reiterated an “outperform” rating and issued a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Finally, Robert W. Baird boosted their target price on shares of JPMorgan Chase & Co. from $305.00 to $312.00 and gave the company a “neutral” rating in a research note on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average price target of $368.10.

JPMorgan Chase & Co. Price Performance

Shares of JPM opened at $334.12 on Tuesday. The firm has a market capitalization of $888.16 billion, a price-to-earnings ratio of 14.02, a price-to-earnings-growth ratio of 1.31 and a beta of 1.02. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The stock’s fifty day moving average is $345.50 and its 200-day moving average is $322.76.

JPMorgan Chase & Co. (NYSE:JPM) last issued 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 the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. JPMorgan Chase & Co.’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 firm earned $5.07 earnings per share. Equities analysts anticipate that JPMorgan Chase & Co. will post 23.97 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced 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 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio is 27.68%.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, the insider directly owned 71,047 shares in the company, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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. News Summary

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

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.