Bank Of Montreal $BMO Shares Sold by JPMorgan Chase & Co.

Posted by Geri Gentry on Jun 11th, 2026

JPMorgan Chase & Co. reduced its position in shares of Bank Of Montreal (NYSE:BMO – Free Report) (TSE:BMO) by 18.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,297,431 shares of the bank’s stock after selling 736,755 shares during the quarter. JPMorgan Chase & Co.’s holdings in Bank Of Montreal were worth $427,974,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Code Waechter LLC grew its holdings in Bank Of Montreal by 1.7% during the fourth quarter. Code Waechter LLC now owns 4,486 shares of the bank’s stock worth $582,000 after acquiring an additional 75 shares during the period. Larson Financial Group LLC grew its holdings in Bank Of Montreal by 33.2% during the fourth quarter. Larson Financial Group LLC now owns 317 shares of the bank’s stock worth $41,000 after acquiring an additional 79 shares during the period. Naples Global Advisors LLC grew its holdings in Bank Of Montreal by 0.5% during the fourth quarter. Naples Global Advisors LLC now owns 17,780 shares of the bank’s stock worth $2,308,000 after acquiring an additional 80 shares during the period. Allworth Financial LP grew its holdings in Bank Of Montreal by 4.6% during the third quarter. Allworth Financial LP now owns 2,121 shares of the bank’s stock worth $276,000 after acquiring an additional 94 shares during the period. Finally, Choreo LLC grew its holdings in Bank Of Montreal by 3.6% during the third quarter. Choreo LLC now owns 2,735 shares of the bank’s stock worth $356,000 after acquiring an additional 95 shares during the period. 45.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BMO has been the topic of a number of research analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Bank Of Montreal in a report on Thursday, May 28th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Bank Of Montreal in a report on Wednesday, February 25th. Scotiabank upgraded Bank Of Montreal from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, June 1st. TD Securities reiterated a “buy” rating on shares of Bank Of Montreal in a research report on Thursday, May 28th. Finally, Barclays reiterated an “underweight” rating on shares of Bank Of Montreal in a research report on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $163.00.

Check Out Our Latest Research Report on BMO

Bank Of Montreal Trading Down 0.4%

NYSE:BMO opened at $164.55 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.11. Bank Of Montreal has a 1-year low of $104.08 and a 1-year high of $167.07. The firm has a market capitalization of $115.25 billion, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 0.92 and a beta of 0.95. The stock has a fifty day simple moving average of $152.83 and a 200 day simple moving average of $141.59.

Bank Of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) last released its quarterly earnings results on Wednesday, May 27th. The bank reported $2.68 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.14. Bank Of Montreal had a return on equity of 13.04% and a net margin of 12.60%.The business had revenue of $7.04 billion during the quarter, compared to analyst estimates of $6.98 billion. During the same quarter last year, the company posted $2.62 EPS. Bank Of Montreal’s revenue for the quarter was up 10.2% on a year-over-year basis. Sell-side analysts forecast that Bank Of Montreal will post 11.82 earnings per share for the current year.

Bank Of Montreal Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Thursday, July 30th will be given a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Thursday, July 30th. This is a boost from Bank Of Montreal’s previous quarterly dividend of $1.67. Bank Of Montreal’s dividend payout ratio is 50.96%.

About Bank Of Montreal

(Free Report)

Bank of Montreal (NYSE:BMO), commonly known as BMO Financial Group, is one of Canada’s largest and longest-established banks. Founded in Montreal and headquartered in Montreal, Quebec, the bank provides a broad range of financial services to retail, commercial, corporate and institutional clients. BMO is publicly listed in both Canada and the United States and operates under a consolidated financial services model that integrates banking, capital markets, wealth management and asset management activities.

BMO’s core businesses include personal and commercial banking—offering checking and savings accounts, lending, mortgages, and small-business services—alongside wealth management and private banking through its asset and investment management divisions.