JPMorgan Chase & Co. (NYSE:JPM) had its price target hoisted by Robert W. Baird from $305.00 to $312.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage currently has a neutral rating on the financial services provider’s stock.
JPM has been the subject of several other reports. Citigroup boosted their target price on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Monday, July 20th. Zacks Research downgraded shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. UBS Group reduced their price target on shares of JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Evercore reiterated an “outperform” rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $365.45.
Check Out Our Latest Stock Report on JPM
JPMorgan Chase & Co. Stock Up 1.2%
JPM stock opened at $339.49 on Wednesday. The company has a market cap of $902.43 billion, a PE ratio of 14.55, a price-to-earnings-growth ratio of 1.33 and a beta of 1.02. The business has a 50-day simple moving average of $348.22 and a 200 day simple moving average of $330.24. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($0.19). The firm had revenue of $50.17 billion for the quarter, compared to the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company earned $5.07 EPS. Sell-side analysts anticipate that JPMorgan Chase & Co. will post 23.74 EPS for the current fiscal year.
JPMorgan Chase & Co. Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be given a dividend of $1.65 per share. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 annualized dividend and a dividend yield of 1.9%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio is currently 27.68%.
Insider Buying and Selling at JPMorgan Chase & Co.
In related news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the sale, the insider directly owned 71,047 shares of the company’s stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of JPM. Alpine Bank Wealth Management grew its holdings in shares of JPMorgan Chase & Co. by 0.9% during the third quarter. Alpine Bank Wealth Management now owns 17,333 shares of the financial services provider’s stock worth $5,734,000 after purchasing an additional 160 shares during the last quarter. CWS Financial Advisors LLC increased its stake in shares of JPMorgan Chase & Co. by 0.6% in the third quarter. CWS Financial Advisors LLC now owns 4,652 shares of the financial services provider’s stock valued at $1,539,000 after buying an additional 30 shares during the period. Fulcrum Wealth Advisors LLC raised its holdings in JPMorgan Chase & Co. by 12.4% in the 3rd quarter. Fulcrum Wealth Advisors LLC now owns 1,353 shares of the financial services provider’s stock valued at $448,000 after buying an additional 149 shares during the last quarter. Cravens & Co Advisors LLC raised its holdings in JPMorgan Chase & Co. by 4.1% in the 3rd quarter. Cravens & Co Advisors LLC now owns 4,981 shares of the financial services provider’s stock valued at $1,648,000 after buying an additional 198 shares during the last quarter. Finally, Aull & Monroe Investment Management Corp raised its holdings in JPMorgan Chase & Co. by 1.4% in the 3rd quarter. Aull & Monroe Investment Management Corp now owns 14,474 shares of the financial services provider’s stock valued at $4,788,000 after buying an additional 198 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.
Key JPMorgan Chase & Co. News
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan reported approximately $15.3 billion in third-quarter net income and added more than 650,000 net new checking accounts, highlighting continued customer and deposit growth. JPMorgan Chase: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Several analysts remain constructive: Royal Bank of Canada reiterated an Outperform rating, while Morgan Stanley and Robert W. Baird published bullish outlooks. Investors may view JPMorgan’s scale, profitability and balance-sheet strength as defensive advantages if economic conditions deteriorate. JPMorgan Earns Outperform Rating from Royal Bank of Canada
- Positive Sentiment: The bank’s decision to block unvetted third-party AI agents from customer accounts could reduce cybersecurity, fraud and operational risks, while its AI strategy continues to develop under tighter controls. Jamie Dimon Warns About AI Payment Agents
- Neutral Sentiment: Citigroup lowered its price target from $360 to $350 while maintaining a Neutral rating, suggesting limited near-term upside but no major deterioration in its view. Citigroup Lowers JPMorgan Price Target
- Neutral Sentiment: JPMorgan and Goldman Sachs increased the yield and improved terms on a $5 billion leveraged loan for Volta Infrastructure, indicating stronger investor compensation is needed for riskier AI-related debt. This may support fee activity but also underscores tighter credit-market conditions. JPMorgan and Goldman Boost Yield on Volta AI Loan
- Negative Sentiment: The third-quarter earnings release included an EPS miss, while revenue also came in below consensus estimates. The shortfall has raised questions about whether the stock’s recent gains already reflect much of its earnings strength. JPMorgan Misses Third Quarter Earnings
- Negative Sentiment: One Seeking Alpha analysis downgraded JPMorgan to Hold, citing leverage as a potential constraint on future earnings. CEO Jamie Dimon also warned that inflation, elevated asset prices, bond yields and the possibility of a market shock remain important risks. JPMorgan Leverage a Concern to Future Earnings
About JPMorgan Chase & Co.
JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.
The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.
JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.
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