JPMorgan Chase & Co. (NYSE:JPM) Stock Price Up 2.1% on Analyst Upgrade

JPMorgan Chase & Co. (NYSE:JPM)’s stock price rose 2.1% on Monday after Evercore raised their price target on the stock from $320.00 to $340.00. Evercore currently has an outperform rating on the stock. JPMorgan Chase & Co. traded as high as $317.13 and last traded at $316.7550. Approximately 10,719,553 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 10,899,155 shares. The stock had previously closed at $310.29.

Several other brokerages also recently commented on JPM. DZ Bank reissued a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, April 15th. Robert W. Baird set a $295.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday, April 15th. Barclays reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Tuesday, April 14th. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of JPMorgan Chase & Co. in a research report on Tuesday, February 24th. Finally, Freedom Capital raised shares of JPMorgan Chase & Co. to a “hold” rating in a research report on Wednesday, January 14th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and a consensus target price of $336.16.

Insider Activity at JPMorgan Chase & Co.

In related news, CFO Jeremy Barnum sold 5,611 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $306.55, for a total transaction of $1,720,052.05. Following the sale, the chief financial officer directly owned 35,460 shares of the company’s stock, valued at approximately $10,870,263. This represents a 13.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 433 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $295.06, for a total transaction of $127,760.98. Following the transaction, the insider owned 64,920 shares in the company, valued at $19,155,295.20. This represents a 0.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 71,908 shares of company stock worth $22,065,882 in the last ninety days. 0.47% of the stock is currently owned by company insiders.

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: Analyst lift — Truist raised its price target on JPM to $332 (from $323) and reiterated a Hold after JPM’s strong Q1 results, supporting upside to the share valuation. Truist Lifts PT on JPMorgan Chase & Co. to $332 From $323
• Positive Sentiment: Another price-target upgrade — AmericanBankingNews notes a raised target to $340, reinforcing analyst conviction that JPM’s earnings power and capital returns justify higher valuations. JPMorgan Chase & Co. Price Target Raised to $340.00
• Positive Sentiment: Market leadership — coverage mentions JPM among large-cap drivers lifting the Dow, reflecting the stock’s index weight and its outsized influence on intraday moves. Why the Dow Is Beating the S&P 500 Today
• Neutral Sentiment: Strategic product push — reporting on JPMorgan’s push into tokenized payment rails vs. Citi highlights a long-term revenue opportunity in blockchain-based payments, but adoption and regulatory timing remain uncertain. JPMorgan and Citi Square Off on the Next Payments Frontier
• Neutral Sentiment: Positive analyst narratives — investor write-ups (Zacks and others) continue to flag JPM as a long-term holding based on earnings resilience and capital returns, which supports steady demand from long-only funds. Why JPMorgan Chase & Co. (JPM) is a Top Stock for the Long-Term
• Negative Sentiment: Legal overhang — the U.S. Supreme Court declined to block a class-action alleging municipal bond price-fixing involving major banks, leaving JPM exposed to potential damages and litigation costs. US Supreme Court Lets Muni Bond Price-Fixing Class Action Proceed Against Major Banks
• Negative Sentiment: Management caution — CEO Jamie Dimon’s public warning about credit-cycle risks and not ruling out recession injects macro caution, which could weigh on forward-looking credit and trading revenue expectations. JPMorgan’s CEO has an urgent and concerning message for investors

Hedge Funds Weigh In On JPMorgan Chase & Co.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Howard Capital Management Inc. increased its holdings in JPMorgan Chase & Co. by 18.2% in the 4th quarter. Howard Capital Management Inc. now owns 25,784 shares of the financial services provider’s stock worth $8,308,000 after acquiring an additional 3,976 shares in the last quarter. Triangle Securities Wealth Management grew its holdings in JPMorgan Chase & Co. by 14.1% during the 3rd quarter. Triangle Securities Wealth Management now owns 25,822 shares of the financial services provider’s stock valued at $8,145,000 after buying an additional 3,191 shares in the last quarter. Newbridge Financial Services Group Inc. grew its holdings 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 buying an additional 3,027 shares in the last quarter. Andra AP fonden grew its holdings in JPMorgan Chase & Co. by 3.2% during the 3rd quarter. Andra AP fonden now owns 107,700 shares of the financial services provider’s stock valued at $33,972,000 after buying an additional 3,300 shares in the last quarter. Finally, Banco Santander S.A. grew its holdings in JPMorgan Chase & Co. by 9.0% during the 3rd quarter. Banco Santander S.A. now owns 452,612 shares of the financial services provider’s stock valued at $142,767,000 after buying an additional 37,550 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.86. The business’s fifty day simple moving average is $298.54 and its 200-day simple moving average is $306.73. The firm has a market capitalization of $849.61 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 1.52 and a beta of 1.05.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.50 by $0.44. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. The business had revenue of $50.54 billion during the quarter, compared to analyst estimates of $48.30 billion. During the same period last year, the firm posted $5.07 EPS. The company’s revenue was up 10.0% on a year-over-year basis. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 22.34 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Monday, April 6th will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, April 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 28.74%.

JPMorgan Chase & Co. Company Profile

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.