JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) shares traded up 1.1% during mid-day trading on Monday after UBS Group raised their price target on the stock from $395.00 to $400.00. UBS Group currently has a buy rating on the stock. JPMorgan Chase & Co. traded as high as $342.43 and last traded at $340.7540. Approximately 5,957,741 shares were traded during mid-day trading, a decline of 34% from the average session volume of 9,042,729 shares. The stock had previously closed at $337.04.
Other research analysts also recently issued research reports about the stock. Robert W. Baird boosted their target price on shares of JPMorgan Chase & Co. from $305.00 to $312.00 and gave the company a “neutral” rating in a research note on Wednesday, October 14th. Morgan Stanley boosted their price objective on shares of JPMorgan Chase & Co. from $370.00 to $377.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 14th. Freedom Broker upgraded JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 15th. TD Cowen initiated coverage on JPMorgan Chase & Co. in a research note on Thursday, October 8th. They set a “hold” rating and a $370.00 price target for the company. Finally, Wells Fargo & Company increased their target price on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $368.33.
View Our Latest Stock Analysis on JPM
Insider Activity at JPMorgan Chase & Co.
In related news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.
Key Stories Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan remains one of three major banks with a stock-repurchase authorization of at least $30 billion. Although the bank is moderating buybacks to fund franchise investment and client support, its program still signals confidence in the valuation and provides potential support for per-share results. 3 Bank Stocks With Buyback Plans of at Least $30 Billion Worth a Look
- Positive Sentiment: Forty ETFs purchased JPMorgan shares while 15 sold them on October 29, producing a reported net inflow of $83.1 million. The buying indicates institutional demand, though a single day of ETF flows is not a long-term valuation signal. ETFs Bought $83.1 Million of JPMorgan on Oct. 29
- Positive Sentiment: JPMorgan raised its full-year 2026 net interest income outlook to approximately $106.2 billion and is increasing its dividend, which could offset some of the impact from slower repurchases. The bank is also expanding data infrastructure and AI capabilities to support digital banking and future efficiency. Learn Why the Bull Case for JPMorgan Chase Stock Could Change Following Earnings Miss JPMorgan Hiring a Data Infrastructure Chief
- Neutral Sentiment: JPMorgan strategists said renewed geopolitical escalation after the U.S. midterm elections could cause market weakness, but viewed any pullback as a potential buying opportunity. This is a market-risk warning rather than a company-specific catalyst. Post-midterm Geopolitical Risks Could Create Another Buying Opportunity
- Neutral Sentiment: JPMorgan economist David Kelly said slower population growth could reduce U.S. housing demand and lower the number of new homes needed annually. The view may signal weaker housing-related loan growth, but its direct effect on JPMorgan is uncertain. The Housing Market’s Real Problem May Be Too Few People
- Negative Sentiment: JPMorgan’s latest quarterly EPS and revenue missed analyst expectations, its first earnings miss since 2023. The weaker-than-expected results and decision to reduce buybacks could limit near-term upside, despite higher net interest income guidance and a larger dividend.
Hedge Funds Weigh In On JPMorgan Chase & Co.
A number of institutional investors have recently made changes to their positions in JPM. Gutierrez Wealth Advisory LLC acquired a new position in JPMorgan Chase & Co. in the third quarter worth $204,000. Brady Family Wealth LLC raised its holdings in shares of JPMorgan Chase & Co. by 1.6% during the third quarter. Brady Family Wealth LLC now owns 21,869 shares of the financial services provider’s stock worth $7,235,000 after purchasing an additional 335 shares during the period. Quest 10 Wealth Builders Inc. lifted its position in shares of JPMorgan Chase & Co. by 18.7% in the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 1,065 shares of the financial services provider’s stock worth $352,000 after buying an additional 168 shares during the last quarter. TFB Advisors LLC grew its position in shares of JPMorgan Chase & Co. by 1.9% during the 3rd quarter. TFB Advisors LLC now owns 3,633 shares of the financial services provider’s stock valued at $1,202,000 after buying an additional 68 shares during the last quarter. Finally, Wealth Dimensions Group Ltd. raised its stake in JPMorgan Chase & Co. by 6.4% during the third quarter. Wealth Dimensions Group Ltd. now owns 8,083 shares of the financial services provider’s stock worth $2,674,000 after acquiring an additional 487 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.
JPMorgan Chase & Co. Trading Up 1.1%
The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The firm’s 50 day moving average is $343.34 and its two-hundred day moving average is $322.98. The stock has a market cap of $905.79 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 1.33 and a beta of 1.03.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing analysts’ consensus estimates of $5.94 by ($0.19). The company had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.07 earnings per share. Equities analysts anticipate that JPMorgan Chase & Co. will post 23.97 EPS for the current year.
JPMorgan Chase & Co. Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were given a dividend of $1.65 per share. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date was Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.’s payout ratio is presently 27.68%.
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, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.
Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.
JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.
Featured Articles
- Five stocks we like better than JPMorgan Chase & Co.
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter.
