Boston Trust Walden Corp Trims JPMorgan Stake Amid Revenue Growth
Boston Trust Walden Corp has reduced its stake in JPMorgan Chase & Co. by 1.8% in the second quarter, according to a recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 726,541 shares of the financial services provider's stock after selling 13,136 shares during the quarter. This accounts for 1.8% of Boston Trust Walden Corp's portfolio, making JPMorgan Chase & Co. its 6th largest position.
JPMorgan Chase & Co.'s revenue increased by 27.7% year-over-year in the second quarter, with a net margin of 21.86%. The company has also raised its 2026 net interest income outlook to $105.5 billion, supported by loan and deposit growth.