Kmg Fiduciary Partners 13F: Cuts JPM Stake by $964K

Kmg Fiduciary Partners Reduces JPMorgan Chase & Co. Position

Kmg Fiduciary Partners trimmed its stake in JPMorgan Chase & Co. NYSE: JPM during the recent quarter, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the investor's current position today. The firm sold 2,913 shares, which amounted to a 2.8% decrease in its holdings. By the end of the period, the fund owned 101,551 shares of the bank's stock with a reported value of $33,596,252.

JPMorgan Chase Shares Trade Near Recent Levels

JPMorgan Chase shares trade well above their 200-day moving average of $322.29 and sit comfortably inside their 52-week range of $279.10 to $366.50. The bank carries a price-to-earnings ratio of 14.07, and its forward P/E stands at 13.16 based on earnings estimates. These levels place the financial institution among the more stable large-cap names in the banking sector as markets navigate shifting interest rate expectations.

Analysts Set New Price Targets

Wall Street firms have kept busy updating their price targets and ratings for JPMorgan Chase. On October 15, 2026, Citigroup maintained its Neutral rating while lowering its price target to $350.00 from $360.00. A day earlier, Truist Securities kept a Hold rating and raised its target to $361.00 from $352.00. Barclays maintained an Overweight rating on October 14, lifting its target to $425.00 from $420.00. RBC Capital reiterated its Outperform rating with a steady $370.00 target, while Morgan Stanley kept an Equal-Weight rating and moved its target to $377.00 from $370.00. Baird held a Neutral rating with a target of $312.00, UBS kept a Buy rating at a $395.00 target, and HSBC maintained a Hold rating with a $377.00 target. Overall, the stock holds a consensus buy rating with a mean price target of $372.57 across 23 analyst opinions.

Inside JPMorgan Chase & Co.

JPMorgan Chase & Co. operates as a major financial holding company providing consumer banking, commercial banking, asset management, and investment banking services worldwide. Founded in 1799 and headquartered in New York, the firm employs over 322,000 people across its multiple operational segments. Institutional adjustments like the one reported by Kmg Fiduciary Partners happen regularly as firms rebalance their portfolios across different sectors.

What to Watch Next for JPM

Investors tracking JPMorgan Chase will look ahead to the company's next earnings report, scheduled for January 14, 2027. Future institutional filings will also show whether other asset managers follow Kmg Fiduciary Partners in adjusting their exposure to the banking giant. Because 13F data looks backward at past quarters, these reports serve as a historical snapshot rather than a real-time trading indicator.