JPMorgan Chase & Co. (NYSE:JPM) Trading 2.1% Higher After Analyst Upgrade

Key Points

• Shares were trading up 2.1% mid‑day after Evercore raised its price target on JPMorgan from $320 to $340, with the stock reaching about $317.13 during the session.
• Analyst coverage is mixed but broadly positive: there are 15 Buy and 15 Hold ratings, giving an overall "Moderate Buy" consensus and an average price target of $336.16.
• JPMorgan beat quarterly expectations with EPS $5.94 vs. $5.50 expected and revenue of $50.54 billion vs. $48.30 billion, and declared a quarterly dividend of $1.50 (annualized $6.00, ~1.9% yield).

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded up 2.1% during mid-day trading 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. 10,719,553 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 10,899,155 shares. The stock had previously closed at $310.29.

A number of other research firms have also recently weighed in on JPM. Truist Financial upped their price target on JPMorgan Chase & Co. from $323.00 to $332.00 and gave the stock a "hold" rating in a report on Wednesday, April 15th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $330.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. Wolfe Research cut JPMorgan Chase & Co. from an "outperform" rating to a "peer perform" rating in a report on Wednesday, January 7th. Wells Fargo & Company reduced their price target on JPMorgan Chase & Co. from $360.00 to $350.00 and set an "overweight" rating for the company in a report on Tuesday, February 17th. Finally, Weiss Ratings reaffirmed a "buy (b+)" rating on shares of JPMorgan Chase & Co. in a report on Monday, December 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of "Moderate Buy" and an average price target of $336.16.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,404 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $306.40, for a total transaction of $1,042,985.60. Following the completion of the sale, the general counsel directly owned 61,949 shares in the company, valued at approximately $18,981,173.60. The trade was a 5.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Troy L. Rohrbaugh sold 50,000 shares of the business's 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 sale, the chief executive officer owned 111,279 shares of the company's stock, valued at approximately $34,174,893.69. This trade represents a 31.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have 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 owned by corporate insiders.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan is competing to lead “tokenized” blockchain payment rails, a strategic push that could expand higher‑margin payments revenue and strengthen client stickiness if the bank wins larger payment flows vs. rivals. JPMorgan and Citi Square Off on the Next Payments Frontier
• Positive Sentiment: Street support: an upgrade in published targets/coverage (including a recent raise of JPMorgan’s own price target coverage for various stocks and a reported $340 PT on JPM shares in a market note) boosts sentiment and provides a bullish technical/analyst narrative. JPMorgan Chase & Co. NYSE: JPM Price Target Raised to $340.00
• Positive Sentiment: Market leadership today: JPMorgan is among the large-cap names propping up the Dow, signaling demand for big-bank exposure and supporting intraday upside. Why the Dow Is Beating the S&P 500 Today
• Neutral Sentiment: Investor attention/long-term narrative: JPMorgan appears on Zacks’ lists and “trending” coverage as a long-term pick, which raises visibility but is not an immediate catalyst. Why JPMorgan Chase & Co. (JPM) is a Top Stock for the Long-Term
• Neutral Sentiment: JPMorgan’s analyst activity (e.g., raising price targets on other companies like Garmin) highlights the firm’s market research footprint—relevant to fee businesses but not a direct stock catalyst. JPMorgan Raises its Price Target on Garmin (GRMN) to $285
• Negative Sentiment: Legal overhang: the U.S. Supreme Court declined to block a municipal-bond price‑fixing class action naming major banks including JPMorgan, keeping the potential for multi‑billion damages and litigation distraction on the table. That risk can weigh on valuation until resolved. Banks Rejected By Supreme Court in Muni Bond Price-Fixing Case
• Negative Sentiment: Management caution: CEO Jamie Dimon’s post‑earnings warnings about the credit cycle and macro uncertainty may temper investor risk appetite despite strong results, keeping investors alert to credit and loan‑loss dynamics. JPMorgan's CEO has an urgent and concerning message for investors

Institutional Investors Weigh In On JPMorgan Chase & Co.

Several large investors have recently bought and sold shares of the company. Morgan Stanley increased its stake in JPMorgan Chase & Co. by 1.4% during the 4th quarter. Morgan Stanley now owns 66,385,268 shares of the financial services provider's stock worth $21,390,662,000 after buying an additional 939,421 shares in the last quarter. Norges Bank purchased a new stake in JPMorgan Chase & Co. during the 4th quarter worth approximately $11,396,496,000. Bank of New York Mellon Corp increased its stake in JPMorgan Chase & Co. by 5.4% during the 4th quarter. Bank of New York Mellon Corp now owns 23,424,482 shares of the financial services provider's stock worth $7,547,837,000 after buying an additional 1,194,583 shares in the last quarter. Legal & General Group Plc increased its stake in JPMorgan Chase & Co. by 0.6% during the 4th quarter. Legal & General Group Plc now owns 19,019,564 shares of the financial services provider's stock worth $6,128,484,000 after buying an additional 110,586 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in JPMorgan Chase & Co. by 1.9% during the 4th quarter. Fisher Asset Management LLC now owns 16,018,656 shares of the financial services provider's stock worth $5,161,532,000 after buying an additional 296,213 shares in the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Trading Up 2.1%

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 company has a 50 day simple moving average of $298.65 and a 200 day simple moving average of $306.67. The company 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 - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $50.54 billion during the quarter, compared to analyst estimates of $48.30 billion. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The business's revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the business earned $5.07 earnings per share. Analysts anticipate that JPMorgan Chase & Co. will post 22.34 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Monday, April 6th will be given a $1.50 dividend. The ex-dividend date is Monday, April 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. JPMorgan Chase & Co.'s dividend payout ratio is 28.74%.

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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