Perigon Wealth Management 13F: Cuts JPM Stake by $4.9M
Key Points
- Perigon Wealth Management cut its position in JPMorgan Chase & Co. by 14,773 shares during the quarter, leaving it with 117,409 shares valued at $38,842,224.
- JPMorgan Chase trades with a trailing P/E ratio of 14.1 and offers an annual dividend rate of $6.60 per share, yielding 1.97%.
- Wall Street analysts hold a consensus buy rating on the stock with a mean price target of $372.57 ahead of its next earnings release on January 14, 2027.
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Perigon Wealth Management reduced its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 11.2% during the quarter, according to a Form 13F filing with the SEC on October 22, 2026. The firm sold 14,773 shares of the bank, bringing its total ownership to 117,409 shares worth about $38,842,224 at the end of the period. JPMorgan Chase closed at $336.54 on the day of the filing.
JPM
JPMorgan Chase & Co.
What Changed in Perigon Wealth Management's JPMorgan Chase Position
The institutional investor trimmed its exposure to the banking giant by parting ways with 14,773 shares. Prior to this adjustment, the firm held 132,182 shares. The remaining stake of 117,409 shares carried a reported value of $38,842,224 as of the October filing date.
Other Institutional Activity in JPMorgan Chase
Other large investors also adjusted their positions in the banking firm around the same time. Smith Chas P & Associates Pa Cpas reduced its holdings by 16,212 shares, ending with 272,271 shares worth about $92,495,826. Pictet North America Advisors grew its holdings by 2,648 shares, ending with 67,484 shares worth about $22,325,732. Accurate Wealth Management grew its holdings by 3,475 shares, ending with 42,201 shares worth about $13,988,169. Axxcess Wealth Management reduced its holdings by 57,078 shares, ending with 79,512 shares worth about $26,305,121.
JPMorgan Chase & Co. Stock Up 0.4%
Shares recently traded around $336.50 as of October 23, 2026, sitting about 8.2% below its 52-week high of $366.50 and well above its 52-week low of $279.10. The stock is positioned roughly equal to its event-day close and trades above its 200-day moving average of $322.48.
Recent Earnings
The financial holding company reported trailing twelve-month revenue of $190.73 billion and earnings of $23.84 per share. Profitability metrics include a net margin of 34.6% and a return on equity of 18.0%. The company's next earnings report is slated for January 14, 2027.
Dividend
The company pays an annual dividend rate of $6.60 per share, with a dividend yield of 1.97%.
Insider Buying and Selling at JPMorgan Chase & Co.
Company insiders executed several transactions prior to the filing, including sales by General Counsel Stacey R. Friedman and officer Robin Leopold.
Analysts Set New Price Targets
Wall Street firms updated their outlooks ahead of the filing, with analysts giving the stock a consensus buy rating and a mean price target of $372.57 across 23 opinions.
About JPMorgan Chase
JPMorgan Chase & Co. operates as a major banking and financial holding company headquartered in New York. It delivers consumer banking, commercial lending, and asset management services to millions of clients across the globe.
Bottom Line
Investors tracking JPMorgan Chase will look ahead to its next earnings report on January 14, 2027, to gauge ongoing performance across its diverse banking segments. Institutional adjustments like Perigon's reduction offer a window into how portfolio managers rebalance large financial holdings.
Related Filing Alerts
Source: Perigon Wealth Management's 13F filing on $JPM (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts