Zwj Investment Counsel 13F: Adds $2M to JPM Stake

Zwj Investment Counsel filed a Form 13F with the U.S. Securities and Exchange Commission, revealing a higher stake in JPMorgan Chase & Co. JPM. The firm boosted its position by lifting its share count by 2.7%. Because 13F filings look backward at holdings from a prior period, the disclosed figures reflect portfolio weightings at that time and might not match the current position today.

What Changed in Zwj Investment Counsel's JPMorgan Chase Position

During the period, Zwj Investment Counsel purchased an additional 6,118 shares of JPMorgan Chase & Co. JPM. That brought its total holdings to 231,226 shares, up from the previous count of 225,108 shares. The reported value of the stake reached $76,496,369 based on filing metrics.

Other Institutional Activity in JPMorgan Chase

Other large institutional investors adjusted their positions in JPMorgan Chase & Co. JPM around the same reporting window. Blackrock Inc. reduced its holdings by 1,936,512 shares, ending with 206,290,537 shares worth about $69,861,818,899. Vanguard Capital Management LLC cut its stake by 3,685,556 shares, finishing with 161,586,023 shares valued at roughly $54,722,303,987. State Street Corporation grew its holdings by 932,079 shares, ending with 125,209,293 shares worth about $42,403,054,833. Bank of America Corporation lifted its position by 4,005,346 shares to hold 69,666,753 shares valued at approximately $23,593,162,110. Morgan Stanley trimmed its stake by 1,453,167 shares, holding 67,092,426 shares worth about $22,721,347,197.

JPMorgan Chase & Co. Stock Up 1.1%

Shares of JPMorgan Chase & Co. JPM recently traded near $338.15. The stock has moved between a 52-week low of $279.10 and a 52-week high of $366.50. Its 50-day moving average sits at $348.45, while the 200-day moving average is $322.29.

Recent Earnings

JPMorgan Chase & Co. JPM generated $190.73 billion in revenue over the trailing period with a revenue growth rate of 10.2%. The bank posted earnings of $23.84 per share, alongside a net profit margin of 34.59% and a return on equity of 18.01%. The company's next earnings report is scheduled for January 14, 2027.

Dividend

JPMorgan Chase & Co. JPM pays an annual dividend yielding 1.97%. The company maintains a dividend payout ratio of 25.71%.

Insider Buying and Selling at JPMorgan Chase & Co.

Insider activity featured several notable transactions across the bank's leadership team on June 24, 2026. Co-President and CEO of CIB Douglas Petno acquired 90,321 shares. Co-President and CEO of CCB Troy Rohrbaugh picked up 90,321 shares. CEO of Asset & Wealth Management Mary Erdoes bought 60,214 shares. Chief Operating Officer Jennifer Piepszak added 60,214 shares to her holdings.

Analysts Set New Price Targets

Wall Street firms updated their views on JPMorgan Chase & Co. JPM through mid-October 2026. On October 15, 2026, Citigroup maintained its neutral rating while lowering its price target from $360.00 to $350.00. On October 14, 2026, Truist Securities kept a hold rating and raised its target from $352.00 to $361.00. Barclays maintained an overweight rating and lifted its target from $420.00 to $425.00. RBC Capital reiterated an outperform rating with a steady target of $370.00. Morgan Stanley maintained an equal-weight rating, adjusting its target from $370.00 to $377.00. Across the broader analyst community, the stock holds a consensus buy rating and a mean price target of $372.57 based on 23 opinions.

About JPMorgan Chase

JPMorgan Chase & Co. JPM operates as a major financial holding company providing banking, asset management, and investment services across global markets. Headquartered in New York, the firm serves consumers, small businesses, corporations, and governments through distinct segments spanning consumer banking, commercial banking, and wealth management. Institutional investments from firms like Zwj Investment Counsel reflect ongoing portfolio adjustments among professional money managers tracking the banking sector.

Bottom Line

Zwj Investment Counsel's decision to increase its stake highlights steady institutional interest in JPMorgan Chase & Co. JPM ahead of the next earnings update in January 2027. Investors tracking these movements should remember that 13F filings are historical snapshots that may not capture active trading occurring today.