JPMorgan Chase & Co. (NYSE:JPM) Shares Down 1.4% – Should You Sell?

JPMorgan Chase & Co. (NYSE:JPM) shares were down 1.4% during trading on Friday. The stock traded as low as $330.40 and last traded at $331.8180. 4,709,079 shares were traded during mid-day trading, a decline of 48% from the average session volume of 9,124,266 shares. The stock had previously closed at $336.54.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: Analysts at Erste Group raised their 2027 EPS forecast for JPMorgan to $25.56 from $25.27, above the broader consensus estimate of $23.99, signaling confidence in the bank’s earnings outlook.
• Positive Sentiment: JPMorgan is expanding its digital-assets platform: its JPM Coin is now available on the Ethereum mainnet for institutional payments, while its tokenized money-market funds have also expanded to the Solana blockchain. The moves could strengthen the bank’s position in faster, on-chain payments and asset management. JPMorgan Chase Takes JPM Coin to Ethereum
• Positive Sentiment: JPMorgan has identified Bitcoin as a leading long-term return asset and reportedly expects roughly 10% annualized returns in its long-term framework. This may enhance the bank’s profile in digital-asset research and institutional services, though it does not directly increase near-term earnings. Bitcoin’s Rally Hits Roadblocks
• Neutral Sentiment: JPMorgan disclosed stakes of at least 5% in several energy and industrial companies, including Panoro Energy, Deep Value Driller and Hexagon Composites. These appear to be investment or client-related holdings and have limited direct impact on JPM stock.
• Neutral Sentiment: JPMorgan strategists said hedge-fund positioning has reset substantially and that downside for equities may be limited. A more stable market could benefit the bank’s trading and investment-banking businesses, but the view is not company-specific. JPMorgan Strategist on the Stock Market
• Negative Sentiment: Credit-card delinquencies among major issuers rose to 2.6% in September. Although net charge-offs declined, worsening delinquency trends could raise concerns about future credit losses for JPMorgan’s consumer-banking operations.
• Negative Sentiment: A Barron’s Advisor roundup highlighted teams overseeing approximately $18 billion moving independent. If the assets are connected to JPMorgan, the departures could create concerns about talent retention and potential client or asset outflows. JPMorgan Teams Go Independent

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Weiss Ratings upgraded JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, October 9th. UBS Group decreased their price target on JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Jefferies Financial Group reiterated a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. Barclays boosted their price objective on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, October 14th. Finally, HSBC increased their price objective on JPMorgan Chase & Co. from $369.00 to $377.00 and gave the company a “hold” rating in a research note on Monday, September 28th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $368.10.

JPMorgan Chase & Co. Trading Down 1.4%

The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. The stock’s 50-day simple moving average is $346.03 and its 200-day simple moving average is $331.70. The firm has a market capitalization of $882.04 billion, a PE ratio of 13.92, a P/E/G ratio of 1.32 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing the consensus estimate of $5.94 by ($0.19). The company had revenue of $50.17 billion during the quarter, compared to analysts’ expectations of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business earned $5.07 earnings per share. As a group, sell-side analysts expect that JPMorgan Chase & Co. will post 23.99 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be given a dividend of $1.65 per share. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio is 27.68%.

Insider Transactions at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the business’s 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 completion of the transaction, the insider owned 71,047 shares in the company, valued at $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company’s stock.

Hedge Funds Weigh In On JPMorgan Chase & Co.

A number of hedge funds have recently bought and sold shares of the business. State Street Corp boosted its stake in shares of JPMorgan Chase & Co. by 0.8% in the 2nd quarter. State Street Corp now owns 125,209,293 shares of the financial services provider’s stock worth $40,984,758,000 after buying an additional 932,632 shares during the last quarter. Bank of America Corp DE lifted its holdings in JPMorgan Chase & Co. by 6.1% in the second quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider’s stock valued at $22,804,018,000 after acquiring an additional 4,006,293 shares during the period. Bank of New York Mellon Corp lifted its holdings in JPMorgan Chase & Co. by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider’s stock valued at $7,084,339,000 after acquiring an additional 540,362 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in JPMorgan Chase & Co. by 0.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider’s stock valued at $6,164,741,000 after acquiring an additional 134,634 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in JPMorgan Chase & Co. by 3.3% in the first quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider’s stock worth $5,578,788,000 after purchasing an additional 607,288 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

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, 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.