American National Bank & Trust Sells 3,451 Shares of JPMorgan Chase & Co. $JPM

American National Bank & Trust lessened its position in JPMorgan Chase & Co. (NYSE:JPM) by 6.2% during the third quarter, Holdings Channel reports. The fund owned 51,828 shares of the financial services provider’s stock after selling 3,451 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.5% of American National Bank & Trust’s investment portfolio, making the stock its 21st largest position. American National Bank & Trust’s holdings in JPMorgan Chase & Co. were worth $17,146,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JPM. Horizons Wealth Management purchased a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at $31,000. MBM Wealth Consultants LLC acquired a new position in JPMorgan Chase & Co. in the 1st quarter valued at approximately $29,000. Aventus Investment Advisors Inc. purchased a new position in shares of JPMorgan Chase & Co. during the 2nd quarter valued at $33,000. Osbon Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $35,000. Finally, Timbuktu Capital Management LLC purchased a new position in JPMorgan Chase & Co. in the second quarter valued at about $50,000. 71.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

JPM has been the subject of several recent research reports. Citigroup boosted their price target on JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research note on Monday, July 20th. Keefe, Bruyette & Woods increased their price target on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a report on Wednesday, July 22nd. Zacks Research downgraded JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Finally, Bank of America increased their price objective on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Sixteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $363.08.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan raised its dividend by 10%, and the article says its relatively low payout ratio leaves substantial capacity for additional dividend growth. The increase reinforces the bank’s strong capital generation and shareholder-return outlook. JPMorgan Just Raised Its Dividend 10%
• Positive Sentiment: Analysts expect strong third-quarter results, supported by resilient banking activity, investment banking and equities trading. JPMorgan’s equities business reportedly surged 86% in the prior quarter, raising expectations for another earnings beat. JPMorgan’s Equities Business Surged 86%
• Positive Sentiment: The bank is expanding its investment-banking franchise by hiring veteran dealmaker Rob Sweeney as global chair, potentially strengthening deal origination as capital-markets activity improves. JPMorgan hires veteran dealmaker Rob Sweeney
• Neutral Sentiment: JPMorgan contributed institutional settlement expertise to Solana’s new delivery-versus-payment system, highlighting potential long-term opportunities in blockchain-based financial infrastructure, although the immediate revenue impact is unclear. Solana launches institutional settlement standard
• Negative Sentiment: Dimon warned that persistent inflation could push interest rates higher and that global competition for capital may create a corporate credit squeeze. Higher yields could pressure bond portfolios, borrowing demand and credit quality. Dimon sharpens warning about a corporate credit squeeze
• Negative Sentiment: Dimon also said AI-driven cybersecurity threats increased sharply following Anthropic’s Mythos model. The warning highlights potentially higher technology, fraud-prevention and operational risks for large financial institutions. JPMorgan CEO Warns AI Risks Jumped Tenfold

JPMorgan Chase & Co. Price Performance

Shares of NYSE JPM traded down $2.74 during midday trading on Wednesday, reaching $328.54. 2,596,028 shares of the company traded hands, compared to its average volume of 9,211,713. The stock’s 50-day simple moving average is $351.44 and its 200-day simple moving average is $328.03. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50. The firm has a market cap of $873.32 billion, a PE ratio of 14.06, a PEG ratio of 1.39 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. During the same period in the prior year, the firm earned $4.96 earnings per share. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 24.16 earnings per share 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. Investors of record on Tuesday, October 6th will be issued a $1.65 dividend. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. This represents a $6.60 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 25.71%.

Insider Buying and Selling

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

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, 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.