HB Wealth Management 13F: Adds $7.7M to JPM Stake

HB Wealth Management added to its holdings in JPMorgan Chase & Co. JPM, boosting its stake by 23,281 shares to end with 282,468 shares. According to a Form 13F filing with the SEC on October 23, 2026, the updated position was valued at approximately $93,448,774.

JPM JPMorgan Chase & Co.

$332.04 ▲ +3.98% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in HB Wealth Management's JPMorgan Chase & Co. Position

The fund increased its investment in the banking giant by 9.0% during the quarter. The adjustment brought its total share count up from 259,187 shares to 282,468 shares.

Other Institutional Activity in JPMorgan Chase & Co.

Other institutional investors adjusted their positions in the financial firm as well. Perigon Wealth Management reduced its holdings by 14,773 shares, ending with 117,409 shares worth about $38,842,224. Sepio Capital cut its stake by 3,344 shares, leaving it with 2,293 shares valued at roughly $758,905. Axxcess Wealth Management trimmed its position by 57,078 shares to hold 79,512 shares worth about $26,305,121. Smith Chas P & Associates Pa Cpas pared its holdings by 16,212 shares, finishing with 272,271 shares valued at roughly $92,495,826. Meanwhile, Pictet North America Advisors grew its stake by 2,648 shares, or 4.1%, to hold 67,484 shares worth about $22,325,732.

JPMorgan Chase & Co. Stock Down 1.1%

The stock recently traded around $331.57, which is about equal to its closing price of $331.58 on the filing date. Shares sit below their 52-week high of $366.50 but remain well above the 52-week low of $279.10.

Recent Earnings

The company generated $190.7 billion in trailing-twelve-month revenue alongside an EPS of $23.84. Its net profit margin stood at 34.6%, and return on equity reached 18.0%. The next earnings report is scheduled for January 14, 2027.

Dividend

JPMorgan Chase & Co. pays an annual dividend rate of $6.60 per share, giving it a dividend yield of 1.96%. The payout ratio sits at 25.7%, meaning the bank uses about a quarter of its earnings to cover shareholder payouts.

Insider Buying and Selling at JPMorgan Chase & Co.

Company insiders executed several stock sales prior to the filing. General Counsel Stacey R. Friedman sold 5,468 shares on May 20, 2026, at an average price of $300.27 for a total of $1,641,856, and later sold 5,467 shares on June 22, 2026, at $330.73 for $1,808,121. Officer Robin Leopold sold 2,500 shares on August 11, 2026, at $361.41 totaling $903,518, followed by another sale of 2,500 shares on September 10, 2026, at $352.81 totaling $882,026.

Analysts Set New Price Targets

Analyst firms updated their views on the stock ahead of the filing. Truist Securities maintained a hold rating with a price target of $361.00 on October 14, 2026. Barclays kept an overweight rating and raised its target to $425.00 on the same day. RBC Capital reiterated an outperform rating with a $370.00 target, while Morgan Stanley maintained an equal-weight rating with a $377.00 target. Citigroup maintained a neutral rating while adjusting its target to $350.00 on October 15, 2026. The stock carries a consensus buy recommendation from 23 analysts.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. operates as a major financial holding company providing banking, asset management, and investment services across the globe. The company runs operations through segments covering consumer banking, commercial banking, and wealth management, serving millions of individual and corporate clients.

Bottom Line

Institutional investors continue to adjust large positions in the bank as market conditions evolve. Observers will look toward the next earnings release in January 2027 for further insight into the firm's financial trajectory.