JPMorgan Chase & Co. (NYSE:JPM) Trading Up 3.7% – Still a Buy?

Shares of JPMorgan Chase & Co. (NYSE:JPM) were up 3.7% during mid-day trading on Tuesday . The company traded as high as $331.75 and last traded at $331.1310. 11,023,025 shares were traded during mid-day trading, an increase of 11% from the average session volume of 9,958,208 shares. The stock had previously closed at $319.40.

JPMorgan Chase & Co. News Summary

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

• Positive Sentiment: JPMorgan is reportedly expanding its Chase digital bank across Europe, targeting at least five markets over the next five years, which could open a meaningful new retail growth runway. JPMorgan Chase (JPM) Expands Chase Digital Bank Across Europe In Five Year Push
• Positive Sentiment: Market sentiment has also been favorable for banks as investors rotate into financials and away from technology, while higher-rate expectations can boost JPMorgan’s net interest income. Fed Holds Rates But Signals Hike: Key Takeaways for Bank Investors
• Neutral Sentiment: JPMorgan named insider Ben Walter to lead its workplace solutions business, a routine management move that appears more operational than market-moving. JPMorgan taps Walter to lead workplace solutions unit as La Padula heads to IRS
• Neutral Sentiment: Several JPMorgan research notes and commentary point to a constructive long-term view on equities and financials, reinforcing the bank’s broadly positive strategic outlook. JPMorgan urges investors to ride equity wave through late 2026 – report
• Negative Sentiment: JPMorgan’s analysts also warned that rising volatility and crowded positioning in semiconductors could trigger sharper market selloffs, which may weigh on broader risk appetite. JPM quants say the risk is building inside the most crowded trade in equities
• Negative Sentiment: The bank also restricted Claude AI access for Hong Kong staff, reflecting heightened regulatory and security concerns around overseas technology use. JPMorgan Chase cuts off Anthropic access for its Hong Kong staff, FT reports

Analyst Ratings Changes

Several research firms have weighed in on JPM. Dbs Bank upgraded JPMorgan Chase & Co. to a “hold” rating in a research note on Tuesday, May 12th. HSBC raised their price objective on JPMorgan Chase & Co. from $288.00 to $312.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Robert W. Baird set a $295.00 target price on JPMorgan Chase & Co. in a research report on Wednesday, April 15th. Jefferies Financial Group reiterated a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Monday, May 4th. Finally, Argus raised their price target on shares of JPMorgan Chase & Co. from $340.00 to $355.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $339.08.

JPMorgan Chase & Co. Trading Down 2.5%

The firm has a market cap of $871.58 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 1.62 and a beta of 1.00. The company has a fifty day moving average price of $308.27 and a 200-day moving average price of $307.48. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 EPS for the quarter, topping analysts’ consensus estimates of $5.50 by $0.44. The firm had revenue of $50.54 billion for the quarter, compared to the consensus estimate of $48.30 billion. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The company’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.07 earnings per share. As a group, research analysts expect that JPMorgan Chase & Co. will post 22.4 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.8%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 28.74%.

Insider Activity

In other news, insider Robin Leopold sold 433 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $295.06, for a total transaction of $127,760.98. Following the completion of the transaction, the insider directly owned 64,920 shares of the company’s stock, valued at $19,155,295.20. The trade was a 0.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Stacey Friedman sold 5,468 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $300.27, for a total transaction of $1,641,876.36. Following the completion of the transaction, the general counsel owned 46,428 shares of the company’s stock, valued at approximately $13,940,935.56. This represents a 10.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 28,589 shares of company stock worth $8,747,496 over the last 90 days. Company insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Several hedge funds have recently modified their holdings of JPM. Norges Bank purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at approximately $11,396,496,000. Bank of America Corp DE raised its position in JPMorgan Chase & Co. by 15.8% during the first quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock worth $19,314,681,000 after acquiring an additional 8,941,351 shares during the period. Cardano Risk Management B.V. raised its position in JPMorgan Chase & Co. by 889.3% during the fourth quarter. Cardano Risk Management B.V. now owns 8,673,530 shares of the financial services provider’s stock worth $2,794,785,000 after acquiring an additional 7,796,814 shares during the period. Danske Bank A S purchased a new position in JPMorgan Chase & Co. during the third quarter valued at $696,885,000. Finally, American Assets Investment Management LLC grew its position in shares of JPMorgan Chase & Co. by 1,172.2% in the fourth quarter. American Assets Investment Management LLC now owns 2,259,400 shares of the financial services provider’s stock valued at $728,024,000 after purchasing an additional 2,081,800 shares during the period. 71.55% of the stock is owned by hedge funds and other institutional investors.

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.