Robertson Stephens Wealth Management 13F: Adds $1.9M to JPM Stake

Robertson Stephens Wealth Management lifted its stake in JPMorgan Chase & Co. JPM by 7.5% during the quarter, according to a Form 13F filing with the SEC disclosed on October 16, 2026. The firm purchased an additional 5,603 shares, bringing its total ownership to 80,759 shares. The reported value of the holding reached $26.7 million at the end of the period.

JPM JPMorgan Chase & Co.

$339.72 ▲ +6.39% year to date

1M 3M YTD

Daily close · Oct 16, 2026

What Changed in Robertson Stephens Wealth Management's JPMorgan Chase Position

Prior to the recent filing, the wealth manager held 75,156 shares of the banking giant. The 7.45% increase expanded the firm's position in the financial holding company during a stretch when shares traded near the middle of their annual range.

Other Institutional Activity in JPMorgan Chase

Other institutional investors also adjusted their positions in the banking institution during a similar timeframe. B. Riley Wealth Advisors grew its holdings by 17,071 shares, ending with 66,961 shares worth about $22.2 million after a 34.2% increase.

JPMorgan Chase & Co. Stock Down 1.8%

Shares of JPMorgan Chase closed at $339.72 on the filing date of October 16, 2026. Recently, the stock traded around $333.57 as of October 20, 2026, which sits below its 50-day moving average of $348.45 but above its 200-day moving average of $322.29. The stock has traded between a 52-week low of $279.10 and a 52-week high of $366.50.

Recent Earnings

JPMorgan Chase generated $190.7 billion in revenue over the trailing twelve months, alongside earnings of $23.84 per share. The bank posted a return on equity of 18.0% and a net profit margin of 34.6%. The company operates across consumer banking, commercial banking, and asset management units from its headquarters in New York, and its next quarterly earnings update is slated for January 14, 2027.

Dividend

JPMorgan Chase pays an annualized dividend yielding 1.97%, supported by a payout ratio of 25.7% of earnings.

Insider Buying and Selling at JPMorgan Chase & Co.

Company insiders executed several share sales prior to the institutional filing. General Counsel Stacey R. Friedman sold 5,468 shares on May 20, 2026, at $300.27 per share for a value of $1.6 million, and later sold 5,467 shares on June 22, 2026, at $330.73 per share worth $1.8 million. Officer Robin Leopold also sold 2,500 shares on August 11, 2026, at $361.41 per share, followed by another sale of 2,500 shares on September 10, 2026, at $352.81 per share.

Analysts Set New Price Targets

Analyst firms updated their outlooks on the bank in mid-October 2026. On October 14, 2026, Truist Securities maintained its hold rating and raised its price target to $361.00. Barclays maintained an overweight rating with a target of $425.00, RBC Capital reiterated an outperform rating with a $370.00 target, and Morgan Stanley maintained an equal-weight rating while lifting its target to $377.00. Citigroup maintained a neutral rating with a $350.00 target on October 15, 2026. The stock currently holds a consensus buy rating and a mean price target of $372.57 from 23 analysts.

About JPMorgan Chase

JPMorgan Chase is a major financial holding company providing banking, investment, and wealth management services to individuals, businesses, and institutions globally. The company operates through distinct divisions spanning consumer banking, commercial lending, and investment services.

Bottom Line

Institutional adjustments like the one from Robertson Stephens Wealth Management highlight steady portfolio management around major financial institutions. Observers will look ahead to the company's next earnings report in January 2027 to gauge ongoing revenue and margin trends.