Beverly Hills Private Wealth LLC has reduced its stake in **JPMorgan Chase & Co.** (NYSE:JPM) by **5.0%** during the third quarter, as detailed in its recent Form 13F filing with the **Securities and Exchange Commission (SEC)**. The firm now holds **51,077 shares** of the financial services giant after divesting **2,660 shares** during this period. This investment represents **2.8%** of Beverly Hills Private Wealth LLC’s overall portfolio, making JPMorgan its fourth largest position with a current value of approximately **$16,111,000**.
Several other institutional investors have also made significant adjustments to their holdings in JPMorgan Chase. Notably, **Norges Bank** acquired a new position in the company during the second quarter, valued at around **$10.3 billion**. Additionally, **Laurel Wealth Advisors LLC** increased its stake by an astonishing **28,813.7%**, now owning **16,785,584 shares** valued at about **$4.87 billion** after purchasing an additional **16,727,530 shares**. Similarly, **Viking Global Investors LP** raised its holdings by **86.1%**, owning **4,042,034 shares** worth approximately **$1.17 billion**.
**KBC Group NV** and **Mawer Investment Management Ltd.** also expanded their positions, increasing their stakes by **56.3%** and **187.5%**, respectively. Collectively, institutional investors and hedge funds own **71.55%** of JPMorgan Chase stock, reflecting a strong institutional interest in the company.
Analyst Ratings and Market Sentiment
JPMorgan Chase has recently been the focus of various analyst evaluations. **Barclays** reaffirmed a “buy” rating on the stock, while the **Royal Bank of Canada** reiterated an “outperform” rating, setting a target price of **$330.00**. **CICC Research** initiated coverage with an “outperform” rating and a target price of **$355.00**. In a separate note, **Piper Sandler** raised its price objective from **$336.00** to **$345.00**, giving the stock an “overweight” rating.
According to **MarketBeat.com**, the consensus rating for JPMorgan Chase is a “Moderate Buy,” with an average price target of **$339.55**. Analysts are generally optimistic, with fourteen rating the stock as a buy and thirteen as a hold.
Recent Developments Impacting JPMorgan Chase
Recent news is contributing to a generally positive outlook for JPMorgan Chase. An analyst from **Goldman Sachs** maintained a buy stance due to an upgraded growth outlook for **2026**, bolstered by expected productivity gains from artificial intelligence and strong capital deployment capabilities. Additionally, the **National Stock Exchange** has invited JPMorgan and other global banks to pitch for managing its initial public offering, which could enhance the bank’s fee income and strategic relationships.
Despite the positive sentiment, CEO **Jamie Dimon** has expressed concerns about current market conditions, drawing parallels to pre-2008 scenarios and noting heightened anxiety regarding market and credit behaviors. This perspective could inject a degree of caution among investors.
Trading for JPMorgan Chase shares opened at **$306.12** on the latest trading day. The stock has performed well in the past year, with a fifty-two week low of **$202.16** and a high of **$337.25**. The company reported earnings of **$5.23** per share for the previous quarter, surpassing consensus estimates of **$4.93**. Revenue for the quarter reached **$45.80 billion**, slightly below the expected **$45.98 billion**.
In addition to its strong earnings, JPMorgan Chase also announced a quarterly dividend of **$1.50**, representing an annualized yield of **2.0%**. This reflects the company’s commitment to returning value to its shareholders.
Insider trading activity has also been notable. **Robin Leopold**, an insider, sold **432 shares** at an average price of **$307.14**, while **Stacey Friedman**, the General Counsel, sold **3,404 shares** at **$312.80**. These transactions indicate continued trading activity among company executives, with insiders having sold a total of **71,596 shares** over the last 90 days.
JPMorgan Chase & Co. is a diversified global financial services firm headquartered in New York City, offering a wide range of products and services to various clients, including consumers, corporations, and governments. The firm’s operations span multiple areas, including retail banking, investment banking, and asset management, positioning it as a leader in the financial services industry.
