JPMorgan Chase & Co. (NYSE:JPM) Stock Price Up 1.1% After Analyst Upgrade

Key Points

• JPMorgan shares rose 1.1% after UBS raised its price target from $395 to $400 and maintained a Buy rating. The stock reached $342.43 and closed near $340.75.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $368.33; Wells Fargo also recently increased its target to $390.
• JPMorgan’s latest quarterly results missed estimates, with EPS of $5.75 versus $5.94 expected and revenue of $50.17 billion versus $51.23 billion forecast. The company nevertheless raised its quarterly dividend to $1.65 per share, equivalent to an annualized yield of about 1.9%.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report)'s stock price shot up 1.1% during 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. 5,957,741 shares traded hands 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.

JPM has been the topic of several other reports. Wells Fargo & Company upped their price objective on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an "overweight" rating in a report on Friday, August 14th. Evercore restated an "outperform" rating and issued a $360.00 target price on shares of JPMorgan Chase & Co. in a research note on Monday, July 6th. Royal Bank Of Canada restated an "outperform" rating and set a $370.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, October 14th. The Goldman Sachs Group reiterated an "outperform" rating and issued a $392.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, October 13th. Finally, Weiss Ratings lowered shares of JPMorgan Chase & Co. from a "buy (a-)" rating to a "buy (b+)" rating in a research note on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. has an average rating of "Moderate Buy" and an average price target of $368.33.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction that occurred on 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. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. News Summary

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.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JPM. Gutierrez Wealth Advisory LLC purchased a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at about $204,000. Brady Family Wealth LLC grew its stake in shares of JPMorgan Chase & Co. by 1.6% in the 3rd quarter. Brady Family Wealth LLC now owns 21,869 shares of the financial services provider's stock valued at $7,235,000 after buying an additional 335 shares during the period. Quest 10 Wealth Builders Inc. increased its holdings in shares of JPMorgan Chase & Co. by 18.7% during 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 lifted its holdings in JPMorgan Chase & Co. by 1.9% in the third quarter. TFB Advisors LLC now owns 3,633 shares of the financial services provider's stock valued at $1,202,000 after acquiring an additional 68 shares during the last quarter. Finally, Wealth Dimensions Group Ltd. lifted 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 purchasing an additional 487 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Price Performance

The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $905.79 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 1.33 and a beta of 1.03. The stock's 50 day simple moving average is $343.34 and its 200-day simple moving average is $322.98.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its quarterly earnings data 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). JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The company had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. During the same period in the prior year, the firm posted $5.07 earnings per share. The business's quarterly revenue was up 8.1% compared to the same quarter last year. As a group, equities analysts forecast that JPMorgan Chase & Co. will post 23.97 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Investors of record on Tuesday, October 6th were paid a dividend of $1.65 per share. The ex-dividend date was Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 1.9%. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.68%.

JPMorgan Chase & Co. Company Profile

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.

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