JPMorgan Chase & Co. (NYSE:JPM) Stock Lifted to “Strong-Buy” by Freedom Broker

Freedom Broker upgraded shares of JPMorgan Chase & Co. (NYSE:JPM) from a hold rating to a strong-buy rating in a research note released on Thursday,Zacks reports.

A number of other brokerages have also recently commented on JPM. Weiss Ratings upgraded JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, October 9th. Citigroup cut their price objective on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set a “neutral” rating for the company in a research report on Thursday. Bank of America increased their price objective on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Barclays raised their target price on shares of JPMorgan Chase & Co. from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $370.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $365.45.

JPMorgan Chase & Co. Price Performance

JPMorgan Chase & Co. stock traded up $3.96 during mid-day trading on Thursday, reaching $339.49. 8,413,461 shares of the company were exchanged, compared to its average volume of 8,676,750. The firm has a market cap of $902.43 billion, a PE ratio of 14.24, a PEG ratio of 1.33 and a beta of 1.02. 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 fifty day simple moving average of $348.22 and a 200-day simple moving average of $330.24. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts’ consensus estimates of $5.94 by ($0.19). The company had revenue of $50.17 billion for the quarter, compared to the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The business’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.07 earnings per share. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 23.74 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be issued a $1.65 dividend. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a dividend 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%.

Insider Activity

In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction 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 transaction, the insider owned 71,047 shares in the company, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.

Institutional Trading of JPMorgan Chase & Co.

Institutional investors and hedge funds have recently modified their holdings of the business. Alpine Bank Wealth Management lifted its holdings in shares of JPMorgan Chase & Co. by 0.9% in the 3rd quarter. Alpine Bank Wealth Management now owns 17,333 shares of the financial services provider’s stock worth $5,734,000 after acquiring an additional 160 shares during the last quarter. CWS Financial Advisors LLC boosted its stake in shares of JPMorgan Chase & Co. by 0.6% in the 3rd quarter. CWS Financial Advisors LLC now owns 4,652 shares of the financial services provider’s stock valued at $1,539,000 after purchasing an additional 30 shares in the last quarter. Fulcrum Wealth Advisors LLC boosted its stake in shares of JPMorgan Chase & Co. by 12.4% in the 3rd quarter. Fulcrum Wealth Advisors LLC now owns 1,353 shares of the financial services provider’s stock valued at $448,000 after purchasing an additional 149 shares in the last quarter. Cravens & Co Advisors LLC grew its holdings in shares of JPMorgan Chase & Co. by 4.1% during the 3rd quarter. Cravens & Co Advisors LLC now owns 4,981 shares of the financial services provider’s stock valued at $1,648,000 after purchasing an additional 198 shares during the last quarter. Finally, Aull & Monroe Investment Management Corp grew its holdings in shares of JPMorgan Chase & Co. by 1.4% during the 3rd quarter. Aull & Monroe Investment Management Corp now owns 14,474 shares of the financial services provider’s stock valued at $4,788,000 after purchasing an additional 198 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan reported approximately $15.3 billion in third-quarter net income and added more than 650,000 net new checking accounts, highlighting continued customer and deposit growth. JPMorgan Chase: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts remain constructive: Royal Bank of Canada reiterated an Outperform rating, while Morgan Stanley and Robert W. Baird published bullish outlooks. Investors may view JPMorgan’s scale, profitability and balance-sheet strength as defensive advantages if economic conditions deteriorate. JPMorgan Earns Outperform Rating from Royal Bank of Canada
• Positive Sentiment: The bank’s decision to block unvetted third-party AI agents from customer accounts could reduce cybersecurity, fraud and operational risks, while its AI strategy continues to develop under tighter controls. Jamie Dimon Warns About AI Payment Agents
• Neutral Sentiment: Citigroup lowered its price target from $360 to $350 while maintaining a Neutral rating, suggesting limited near-term upside but no major deterioration in its view. Citigroup Lowers JPMorgan Price Target
• Neutral Sentiment: JPMorgan and Goldman Sachs increased the yield and improved terms on a $5 billion leveraged loan for Volta Infrastructure, indicating stronger investor compensation is needed for riskier AI-related debt. This may support fee activity but also underscores tighter credit-market conditions. JPMorgan and Goldman Boost Yield on Volta AI Loan
• Negative Sentiment: The third-quarter earnings release included an EPS miss, while revenue also came in below consensus estimates. The shortfall has raised questions about whether the stock’s recent gains already reflect much of its earnings strength. JPMorgan Misses Third Quarter Earnings
• Negative Sentiment: One Seeking Alpha analysis downgraded JPMorgan to Hold, citing leverage as a potential constraint on future earnings. CEO Jamie Dimon also warned that inflation, elevated asset prices, bond yields and the possibility of a market shock remain important risks. JPMorgan Leverage a Concern to Future Earnings

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.