Shares of JPMorgan Chase & Co. (NYSE:JPM) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $341.00 and last traded at $342.42, with a volume of 2475641 shares traded. The stock had previously closed at $333.45.
Key JPMorgan Chase & Co. News
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan passed the Federal Reserve’s 2026 stress test, which supports its capital strength and clears the way for higher dividends and buybacks. The bank also said it plans a 10% dividend increase to $1.65 per share and authorized a new $50 billion share repurchase program. JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test
- Positive Sentiment: The company named Doug Petno and Troy Rohrbaugh as co-presidents, strengthening succession planning around CEO Jamie Dimon and signaling an orderly leadership transition. Investors often view this kind of move as reducing long-term uncertainty. JPMorgan names Doug Petno, Troy Rohrbaugh as co-presidents
- Positive Sentiment: JPMorgan shares reached an all-time high as the market reacted to the leadership changes, suggesting investors are interpreting the succession update as a sign of stability rather than disruption. JPMorgan Chase (JPM) Stock Reaches All-Time Peak Amid Leadership Transition Announcement
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on JPM shares. Robert W. Baird set a $295.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday, April 15th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Monday, May 4th. The Goldman Sachs Group set a $361.00 target price on shares of JPMorgan Chase & Co. in a research report on Tuesday, April 14th. DZ Bank restated a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, April 15th. Finally, HSBC raised their target price on shares of JPMorgan Chase & Co. from $288.00 to $312.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Fourteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $339.08.
JPMorgan Chase & Co. Stock Performance
The company has a market capitalization of $902.20 billion, a PE ratio of 16.13, a PEG ratio of 1.55 and a beta of 1.00. The business’s 50-day moving average is $310.51 and its 200-day moving average is $308.14. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.86.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $50.54 billion for the quarter, compared to analyst estimates of $48.30 billion. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. JPMorgan Chase & Co.’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.07 earnings per share. On average, research analysts anticipate that JPMorgan Chase & Co. will post 22.44 earnings per share for the current year.
JPMorgan Chase & Co. Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, July 6th. JPMorgan Chase & Co.’s payout ratio is currently 28.74%.
Insider Buying and Selling
In related news, CFO Jeremy Barnum sold 3,022 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $309.41, for a total value of $935,037.02. Following the transaction, the chief financial officer owned 32,438 shares in the company, valued at $10,036,641.58. The trade was a 8.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 4,919 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $309.42, for a total transaction of $1,522,036.98. Following the completion of the transaction, the chief operating officer directly owned 85,082 shares of the company’s stock, valued at $26,326,072.44. This trade represents a 5.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 33,623 shares of company stock worth $10,427,835 in the last 90 days. Insiders own 0.41% of the company’s stock.
Institutional Investors Weigh In On JPMorgan Chase & Co.
Institutional investors and hedge funds have recently made changes to their positions in the company. Timmons Wealth Management LLC bought a new stake in JPMorgan Chase & Co. in the 4th quarter worth about $27,000. MBM Wealth Consultants LLC bought a new position in JPMorgan Chase & Co. during the first quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd bought a new position in JPMorgan Chase & Co. during the fourth quarter valued at approximately $32,000. Osbon Capital Management LLC purchased a new stake in JPMorgan Chase & Co. in the fourth quarter worth approximately $35,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in JPMorgan Chase & Co. in the third quarter worth approximately $35,000. Institutional investors own 71.55% of the company’s stock.
JPMorgan Chase & Co. Company Profile
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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