Pinnacle Wealth Management Advisory Group 13F: Adds $977K to JPM Stake

Pinnacle Wealth Management Advisory Group boosted its holdings in JPMorgan Chase & Co. JPM by 2,953 shares during the period, according to a Form 13F filing with the SEC on October 23, 2026. The investment was disclosed in routine regulatory paperwork covering institutional stock portfolios.

JPM JPMorgan Chase & Co.

$332.04 ▲ +3.98% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Pinnacle Wealth Management Advisory Group's JPMorgan Chase & Co. Position

Pinnacle Wealth Management Advisory Group increased its stake by 7.0%, bringing its total holdings to 45,046 shares of JPMorgan Chase & Co. JPM. The firm's position had previously stood at 42,093 shares. Based on the market close near the filing date, the expanded stake carried an estimated value of $14,902,664.

Other Institutional Activity in JPMorgan Chase & Co.

Other institutional investors made notable adjustments to their JPMorgan Chase & Co. JPM positions around the same time. Wilmington Savings Fund Society cut its holdings by 7,799 shares, ending with 237,729 shares worth about $78,647,885. HB Wealth Management grew its holdings by 23,281 shares, ending with 282,468 shares worth about $93,448,774. Perigon Wealth Management trimmed its position by 14,773 shares to finish with 117,409 shares valued at $38,842,224. Sepio Capital lowered its stake by 3,344 shares to hold 2,293 shares worth about $758,905. Axxcess Wealth Management reduced its holdings by 57,078 shares, leaving it with 79,512 shares valued at $26,305,121.

JPMorgan Chase & Co. Stock Down 1.1%

JPMorgan Chase & Co. JPM shares recently changed hands at $331.57 as of October 24, 2026, resting about equal to the closing price of $331.58 recorded on the filing date of October 23, 2026. The stock trades below its 50-day moving average of $346.04 and above its 200-day moving average of $322.49. The banking giant's share price sits 18.8% above its 52-week low of $279.10 and 9.5% below its 52-week high of $366.50. The current stock price rests 10.9% below the analyst mean price target of $372.26, while the company maintains a trailing P/E ratio of 14.1.

Recent Earnings

JPMorgan Chase & Co. JPM reported trailing twelve-month revenue of $190.7 billion and earnings of $23.84 per share. The financial institution posted a net profit margin of 34.6% alongside a return on equity of 18.0%. Year-over-year revenue grew 10.2%. The next earnings report is scheduled for January 14, 2027.

Dividend

JPMorgan Chase & Co. JPM pays an annual dividend rate of $6.60 per share, yielding 1.96%. The company distributes 25.7% of its earnings as dividends based on its payout ratio.

Insider Buying and Selling at JPMorgan Chase & Co.

Company insiders executed several transactions 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 for $903,518, followed by another sale of 2,500 shares on September 10, 2026, at $352.81.

Analysts Set New Price Targets

Wall Street firms updated their outlooks ahead of the filing period. Truist Securities maintained a hold rating while moving its price target to $361.00 on October 14, 2026. Barclays kept an overweight rating with a target of $425.00, while RBC Capital reiterated an outperform rating at $370.00. Morgan Stanley maintained an equal-weight rating with a target of $377.00, and Citigroup kept a neutral rating while adjusting its target to $350.00. Overall, the stock carries a consensus buy rating from 23 analysts.

About JPMorgan Chase & Co.

Headquartered in New York, JPMorgan Chase & Co. JPM operates as a major banking and financial holding company. It provides commercial banking, investment banking, asset management, and consumer financial services to individual and institutional clients across North America, Europe, Asia, and other global regions through its primary business segments.

Bottom Line

Pinnacle Wealth Management Advisory Group's increased investment in JPMorgan Chase & Co. JPM highlights active institutional portfolio adjustments as the financial sector navigates changing interest rate environments. Investors will look toward the company's next earnings release on January 14, 2027, for further updates on loan growth, net interest income, and capital returns.