Key Points
- JPMorgan General Counsel Stacey Friedman sold 5,468 shares on May 20 at an average price of $300.27, totaling about $1.64 million. The sale reduced her direct holdings by 10.54%, and it was made under a pre-arranged Rule 10b5-1 trading plan.
- JPMorgan’s stock rose 2.1% and opened at $302.04, with the company carrying a market cap of $809.32 billion. The shares trade near their 50-day average, and the stock remains below its 52-week high of $337.25.
- The bank posted better-than-expected first-quarter earnings, reporting EPS of $5.94 versus the $5.50 estimate and revenue of $50.54 billion, up 10% year over year. JPMorgan also announced a quarterly dividend of $1.50 per share, implying a 2.0% annual yield.
JPMorgan Chase & Co. (NYSE:JPM) General Counsel Stacey Friedman sold 5,468 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $300.27, for a total value of $1,641,876.36. Following the completion of the transaction, the general counsel directly owned 46,428 shares in the company, valued at $13,940,935.56. The trade was a 10.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
JPMorgan Chase & Co. Stock Up 2.1%
Shares of JPMorgan Chase & Co. stock opened at $302.04 on Thursday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.86. The business's 50 day simple moving average is $300.18 and its 200 day simple moving average is $307.20. The firm has a market cap of $809.32 billion, a PE ratio of 14.47, a P/E/G ratio of 1.44 and a beta of 1.03. JPMorgan Chase & Co. has a 52-week low of $256.00 and a 52-week high of $337.25.
JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 EPS for the quarter, topping the consensus estimate of $5.50 by $0.44. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The company had revenue of $50.54 billion during the quarter, compared to the consensus estimate of $48.30 billion. During the same period in the previous year, the company posted $5.07 EPS. The firm's revenue for the quarter was up 10.0% compared to the same quarter last year. On average, analysts predict that JPMorgan Chase & Co. will post 22.43 earnings per share for the current fiscal year.
JPMorgan Chase & Co. Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, July 6th. JPMorgan Chase & Co.'s dividend payout ratio is currently 28.74%.
Institutional Trading of JPMorgan Chase & Co.
A number of hedge funds have recently made changes to their positions in JPM. Cadia Private Client LLC raised its position in shares of JPMorgan Chase & Co. by 5.0% during the first quarter. Cadia Private Client LLC now owns 9,399 shares of the financial services provider's stock worth $2,765,000 after acquiring an additional 446 shares during the last quarter. SHUTTLEWORTH & Co raised its position in shares of JPMorgan Chase & Co. by 1.1% during the first quarter. SHUTTLEWORTH & Co now owns 10,561 shares of the financial services provider's stock worth $3,107,000 after acquiring an additional 111 shares during the last quarter. Leigh Baldwin & CO. LLC raised its position in shares of JPMorgan Chase & Co. by 9.0% during the first quarter. Leigh Baldwin & CO. LLC now owns 2,259 shares of the financial services provider's stock worth $665,000 after acquiring an additional 187 shares during the last quarter. FinArc Investments Inc. bought a new position in shares of JPMorgan Chase & Co. during the first quarter worth about $3,244,000. Finally, TrueWealth Financial Partners bought a new position in shares of JPMorgan Chase & Co. during the first quarter worth about $312,000. 71.55% of the stock is owned by institutional investors and hedge funds.
More JPMorgan Chase & Co. News
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: CEO Jamie Dimon said JPMorgan plans to hire more artificial intelligence specialists and fewer traditional bankers, signaling a push for efficiency and a long-term productivity boost. CEO Dimon says JPMorgan to hire more AI staff, fewer bankers, Bloomberg News reports
- Positive Sentiment: JPMorgan executives said global dealmaking remains strong, with improving IPO activity expected in Hong Kong and mainland China, especially in AI and healthcare. JPMorgan's Foley Sees Strong IPO Growth in HK, China
- Positive Sentiment: JPMorgan opened its Chase digital retail bank in Germany, expanding its consumer banking footprint in Europe and advancing a new growth channel. JPMorgan's digital retail bank in Germany open for business
- Positive Sentiment: One analyst note trimmed FY2027 earnings estimates only slightly, suggesting expectations for JPMorgan remain broadly solid after recent results. FY2027 Earnings Forecast for JPM Issued By Erste Group Bank
- Neutral Sentiment: Jamie Dimon also warned that interest rates could move much higher, which highlights a riskier macro backdrop even as JPMorgan benefits from strong trading and banking activity. Dimon Says Rates Risk Going Much Higher Even After Bond Selloff
- Neutral Sentiment: JPMorgan Asset Management disclosed a new 5.6% stake in Kitron ASA, reflecting normal portfolio activity rather than a direct catalyst for JPM stock. JPMorgan Asset Management Takes Notifiable 5.6% Stake in Kitron ASA
- Negative Sentiment: One article highlighted a bearish valuation take on JPMorgan, arguing the stock faces “capital traps” despite its scale and AI ambitions. JPMorgan Chase 2026: Sovereign Utility Scale, AI Dominance, And Capital Traps (Rating Downgrade)
Analysts Set New Price Targets
A number of equities analysts have recently commented on JPM shares. UBS Group lowered their price target on JPMorgan Chase & Co. from $380.00 to $375.00 in a report on Wednesday, May 6th. Truist Financial boosted 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. Robert W. Baird set a $295.00 target price on JPMorgan Chase & Co. in a report on Wednesday, April 15th. Dbs Bank raised JPMorgan Chase & Co. to a "hold" rating in a report on Tuesday, May 12th. Finally, Zacks Research lowered JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 8th. Fifteen research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $339.08.
Read Our Latest Stock Analysis on JPM
JPMorgan Chase & Co. Company Profile
(
Get Free Report)
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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