JPMorgan Chase & Co. (NYSE:JPM) had its price objective increased by Argus from $340.00 to $355.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. Argus’ target price points to a potential upside of 14.61% from the stock’s current price.
Other equities research analysts have also issued research reports about the company. Truist Financial lowered their target price on JPMorgan Chase & Co. from $334.00 to $330.00 in a research note on Wednesday, February 25th. TD Cowen reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 7th. Wolfe Research lowered JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $330.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, January 14th. Finally, Wells Fargo & Company lowered their price target on JPMorgan Chase & Co. from $360.00 to $350.00 and set an “overweight” rating for the company in a research report on Tuesday, February 17th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average price target of $335.36.
Get Our Latest Research Report on JPMorgan Chase & Co.
JPMorgan Chase & Co. Trading Up 1.2%
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, beating 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 company had revenue of $50.54 billion during the quarter, compared to analyst estimates of $48.30 billion. During the same quarter in the previous year, the company posted $5.07 EPS. JPMorgan Chase & Co.’s revenue for the quarter was up 10.0% on a year-over-year basis. As a group, sell-side analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current year.
Insider Activity
In other news, CEO Troy L. Rohrbaugh sold 50,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $307.11, for a total value of $15,355,500.00. Following the completion of the transaction, the chief executive officer owned 111,279 shares of the company’s stock, valued at approximately $34,174,893.69. This represents a 31.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jeremy Barnum sold 5,611 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $306.55, for a total value of $1,720,052.05. Following the completion of the transaction, the chief financial officer directly owned 35,460 shares of the company’s stock, valued at $10,870,263. This represents a 13.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 71,908 shares of company stock worth $22,065,882. Company insiders own 0.47% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Roxbury Financial LLC raised its position in shares of JPMorgan Chase & Co. by 0.4% in the 4th quarter. Roxbury Financial LLC now owns 8,011 shares of the financial services provider’s stock worth $2,581,000 after acquiring an additional 31 shares in the last quarter. Collective Family Office LLC grew its stake in shares of JPMorgan Chase & Co. by 1.0% in the 4th quarter. Collective Family Office LLC now owns 3,339 shares of the financial services provider’s stock worth $1,076,000 after buying an additional 32 shares during the last quarter. Peterson Wealth Advisors LLC grew its stake in shares of JPMorgan Chase & Co. by 1.6% in the 3rd quarter. Peterson Wealth Advisors LLC now owns 2,063 shares of the financial services provider’s stock worth $635,000 after buying an additional 33 shares during the last quarter. Rialto Wealth Management LLC grew its stake in shares of JPMorgan Chase & Co. by 3.6% in the 3rd quarter. Rialto Wealth Management LLC now owns 962 shares of the financial services provider’s stock worth $304,000 after buying an additional 33 shares during the last quarter. Finally, Essential Planning LLC. grew its stake in shares of JPMorgan Chase & Co. by 2.4% in the 4th quarter. Essential Planning LLC. now owns 1,399 shares of the financial services provider’s stock worth $451,000 after buying an additional 33 shares during the last quarter. Institutional investors own 71.55% of the company’s stock.
Key Headlines Impacting JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: Quarterly beat and strong trading/IB momentum — JPM reported better‑than‑expected Q1 results (EPS and revenue ahead, markets/investment‑banking revenue notably strong), which supports upside in the stock. Q1 Results
- Positive Sentiment: Regulatory relief — The OCC terminated a March 2024 consent order tied to JPM’s trade surveillance program, removing a regulatory overhang. OCC Clearance
- Positive Sentiment: Analyst support — Multiple firms raised price targets (Argus, Piper Sandler, Truist among others) after the quarter, providing buy‑side momentum and validation for the beat. PT Raises
- Neutral Sentiment: Dividend and corporate housekeeping — JPM declared preferred dividends and set its virtual annual meeting date (May 19); supportive for income investors but not a major stock mover. Preferred Dividends
- Neutral Sentiment: Macro/regulatory commentary — Management reiterated macro and geopolitical risks (background uncertainty); relevant for positioning but not an immediate catalyst. Dimon Risks
- Negative Sentiment: Trimmed NII guidance — Management pulled back full‑year net‑interest‑income expectations, which hurts forward earnings visibility and dampens some of the post‑earnings enthusiasm. NII Outlook Trimmed
- Negative Sentiment: Management caution on buybacks/valuation — CEO comments that the stock “isn’t cheap” and signals around moderating buybacks reduce a common support for the share price. Buybacks Commentary
- Negative Sentiment: Insider and institutional selling — Several senior executives (including the CFO and COO) disclosed Rule 10b5‑1 sales and a hedge fund trimmed a sizable stake; such flows can add short‑term selling pressure or feed negative sentiment. CFO Sale Fund Trim
About JPMorgan Chase & Co.
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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