Vaughan Nelson Investment Management, L.P. 13F: Cuts JPM Stake by $40M

Vaughan Nelson Investment Management, L.P. has cut its stake in JPMorgan Chase & Co. (NYSE: JPM) by 22.65%, according to a recent SEC filing. The firm reduced its holdings by 122,325 shares, leaving it with 417,661 shares valued at approximately $133.95 million as of the end of the reporting period.

What Changed in Vaughan Nelson's JPMorgan Chase Position

Vaughan Nelson Investment Management trimmed its position in JPMorgan Chase from 539,986 shares to 417,661 shares, a reduction of 122,325 shares, representing a 22.65% decrease. The current value of this holding is about $133.95 million.

Other Institutional Activity in JPMorgan Chase

Among other institutional investors, BlackRock, Inc. reduced its stake by 3,376,439 shares, ending with 208,220,293 shares valued at $61.25 billion. Vanguard Capital Management LLC added a significant position of 165,278,733 shares, now holding shares worth about $48.62 billion. Morgan Stanley increased its holdings by 2,159,174 shares, bringing its total to 68,544,442 shares valued at $20.16 billion. Meanwhile, Bank of America Corp DE boosted its stake by 8,941,351 shares, totaling 65,660,460 shares worth $19.31 billion.

JPMorgan Chase & Co. Stock Down 2.4%

Shares of JPMorgan Chase & Co. (NYSE: JPM) traded around $320.72. The company boasts a market cap of $859.37 billion and a P/E ratio of 15.36. Its stock has ranged from $266.85 to $337.25 over the past year, with a 50-day moving average of $306.59 and a 200-day moving average of $306.56.

Recent Earnings

JPMorgan Chase reported revenue of $173.56 billion with a growth rate of 12.7%. The company achieved a net margin of 33.94% and a return on equity of 16.47%. The next earnings report is expected on July 14, 2026.

Dividend

JPMorgan Chase pays an annual dividend of $6.00, yielding 1.87% with a payout ratio of 28.24%.

Insider Buying and Selling at JPMorgan Chase & Co.

Several insiders have sold shares recently. On May 20, 2026, General Counsel Stacey Friedman sold 5,468 shares at an average price of $300.27. On May 15, 2026, CEO of Asset & Wealth Management Mary Erdoes sold 6,648 shares at $298.36, while Co-CEO of CIB Douglas Petno sold 5,659 shares at $300.05.

Analysts Set New Price Targets

On April 17, 2026, Evercore ISI Group maintained a buy rating with a price target of $340. Truist Securities upheld a hold rating with a $332 target on April 15, 2026. The consensus among analysts is a target mean price of $342.19, based on 21 opinions.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. is a leading global financial services firm based in New York City, with operations in over 60 countries. The company provides a range of services, including consumer banking, investment banking, and asset management. Led by CEO James Dimon, JPMorgan Chase employs over 320,000 people worldwide.

Bottom Line

Vaughan Nelson's recent reduction in its JPMorgan Chase holdings is a notable move in the firm's portfolio management. Investors often track such filings for insights, though it's important to remember that 13F reports are backward-looking and may not reflect current positions. As JPMorgan continues to perform strongly in the financial sector, stakeholders keep a close eye on institutional activity and insider transactions.