JPMorgan Chase Reduces Stake in IDACORP Energy Company

Investment firm sells 13,837 shares of the Idaho-based utility

Mar. 22, 2026 at 8:49am

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JPMorgan Chase & Co. has lowered its holdings in shares of IDACORP, Inc. (NYSE:IDA), an Idaho-based energy company, by 4.3% during the third quarter. The firm now owns 304,269 shares of the energy company's stock, down from 318,106 shares previously.

Why it matters

IDACORP is a major utility provider in Idaho and eastern Oregon, serving over half a million customers. JPMorgan Chase's reduction in its stake could signal a shift in investor sentiment or portfolio adjustments, which may impact the company's stock price and operations.

The details

According to a recent SEC filing, JPMorgan Chase sold 13,837 shares of IDACORP during the third quarter. The investment firm now owns 0.56% of the energy company's stock, valued at $40,209,000. IDACORP's stock price has fluctuated between $108.15 and $145.94 over the past year.

  • JPMorgan Chase reduced its IDACORP holdings during the third quarter of 2026.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

IDACORP, Inc.

An energy holding company based in Boise, Idaho, whose primary subsidiary is Idaho Power Company, a regulated electric utility serving over half a million customers in southern Idaho and eastern Oregon.

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The takeaway

The reduction in JPMorgan Chase's stake in IDACORP could signal a broader shift in investor sentiment towards the energy company, which may impact its stock price and operations. However, IDACORP remains a major utility provider in the region, and its long-term performance will depend on factors such as customer demand, regulatory environment, and its ability to manage costs and investments.