JPMorgan Chase & Co. (NYSE:JPM) Shares Up 1.4% – Still a Buy?

JPMorgan Chase & Co. (NYSE:JPM)’s stock price was up 1.4% during mid-day trading on Thursday . The company traded as high as $337.00 and last traded at $335.1990. 15,506,309 shares traded hands during trading, an increase of 53% from the average session volume of 10,103,802 shares. The stock had previously closed at $330.62.

Key Stories Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

  • Positive Sentiment: Analysts and market commentators remain constructive on JPMorgan ahead of earnings, with some calling it a buy before the Q2 report and highlighting resilient credit-market conditions and strong profit potential.
  • Positive Sentiment: JPMorgan is expanding into smaller-company investment banking, launching a new team for sub-$500 million deals and broadening coverage for mid-cap and small-cap clients, which could open another fee-generating growth avenue.
  • Positive Sentiment: The bank’s AI strategy is drawing attention after its SambaNova partnership, with some investors viewing JPMorgan as a leader in practical on-premise AI adoption that could improve efficiency and lower back-office costs.
  • Positive Sentiment: Recent shareholder-friendly actions, including a planned dividend increase and a large buyback authorization, continue to support the stock’s appeal for income and capital return investors.
  • Neutral Sentiment: JPMorgan disclosed a reduction in its stake in Umicore below the 3% threshold, but this appears to be a routine transparency filing and is unlikely to materially affect JPM stock.
  • Neutral Sentiment: Multiple previews of upcoming Q2 results and earnings-season commentary are keeping JPM in focus, but they do not by themselves change the investment case.
  • Negative Sentiment: Some articles warn that stablecoin rules could disrupt parts of the banking and payments system, though JPMorgan’s own position paper suggests it views the issue as a meaningful risk rather than an immediate earnings threat.

Analysts Set New Price Targets

A number of research firms have weighed in on JPM. Weiss Ratings raised JPMorgan Chase & Co. from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Evercore reissued an “outperform” rating and issued a $360.00 price target on shares of JPMorgan Chase & Co. in a report on Monday. Zacks Research lowered shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 8th. Piper Sandler boosted their price objective on shares of JPMorgan Chase & Co. from $325.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Finally, UBS Group upped their target price on shares of JPMorgan Chase & Co. from $375.00 to $384.00 and gave the stock a “buy” rating in a report on Tuesday. Fourteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $345.33.

View Our Latest Analysis on JPMorgan Chase & Co.

JPMorgan Chase & Co. Stock Up 1.4%

The company has a 50 day moving average of $314.85 and a 200-day moving average of $309.47. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $898.17 billion, a P/E ratio of 16.05, a price-to-earnings-growth ratio of 1.55 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPMGet Free Report) last announced its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, topping analysts’ consensus estimates of $5.50 by $0.44. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The business had revenue of $50.54 billion for the quarter, compared to analyst estimates of $48.30 billion. During the same period in the prior year, the company earned $5.07 EPS. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. On average, equities analysts predict that JPMorgan Chase & Co. will post 22.82 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.’s dividend payout ratio is 28.74%.

Insider Buying and Selling

In related news, CFO Jeremy Barnum sold 5,611 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $306.55, for a total value of $1,720,052.05. Following the sale, the chief financial officer directly owned 35,460 shares of the company’s stock, valued at $10,870,263. This trade represents a 13.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $300.27, for a total transaction of $1,641,876.36. Following the sale, the general counsel owned 46,428 shares of the company’s stock, valued at approximately $13,940,935.56. The trade was a 10.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 33,623 shares of company stock worth $10,427,835. Insiders own 0.41% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fidelis Capital Partners LLC grew its stake in shares of JPMorgan Chase & Co. by 7.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider’s stock worth $22,580,000 after purchasing an additional 5,101 shares during the last quarter. Howard Capital Management Inc. raised its position in JPMorgan Chase & Co. by 18.2% during the 4th quarter. Howard Capital Management Inc. now owns 25,784 shares of the financial services provider’s stock valued at $8,308,000 after purchasing an additional 3,976 shares during the last quarter. Newbridge Financial Services Group Inc. raised its position in JPMorgan Chase & Co. by 51.7% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 8,883 shares of the financial services provider’s stock valued at $2,862,000 after purchasing an additional 3,027 shares during the last quarter. Brighton Jones LLC lifted its holdings in JPMorgan Chase & Co. by 11.0% in the 4th quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after buying an additional 4,841 shares during the period. Finally, KTF Investments LLC purchased a new stake in JPMorgan Chase & Co. in the 4th quarter worth approximately $6,449,000. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Company Profile

(Get Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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