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

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

Trending Headlines about JPMorgan Chase & Co.

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

• Positive Sentiment: Digital-assets expansion: J.P. Morgan Asset Management made its MONY and JLTXX tokenized money-market funds available on the Solana blockchain for qualified U.S. investors. The move broadens access to the bank’s onchain platform and could support new fee and asset-gathering opportunities. J.P. Morgan Asset Management Expands Access to Its Tokenized Money Market Funds on Solana
• Positive Sentiment: JPM Coin reaches Ethereum: JPMorgan extended its USD-backed deposit-token payment system to the Ethereum mainnet for institutional clients, enabling potentially faster, always-on settlement. The expansion reinforces JPM’s position in institutional blockchain infrastructure. JPMorgan Chase Takes JPM Coin to Ethereum
• Positive Sentiment: Higher earnings outlook: Erste Group raised its fiscal 2027 EPS estimate for JPM to $25.56 from $25.27, above the current consensus forecast of $23.99. The revision offers support for the long-term earnings story. JPMorgan EPS Estimate Update
• Neutral Sentiment: JPMorgan disclosed stakes exceeding 5% in Panoro Energy, Deep Value Driller and Hexagon Composites. These appear to be investment or custody-related holdings and are not expected to materially affect JPM’s operating results. JPMorgan Ownership Disclosures
• Neutral Sentiment: JPMorgan strategists said hedge-fund positioning has reset and that downside risk for equities may be limited. This could improve market sentiment, but it is not a direct change to JPM’s fundamentals. JPMorgan Strategist Market Outlook
• Negative Sentiment: Average credit-card delinquencies among major issuers, including JPMorgan, increased to 2.6% in September. Although net charge-offs declined, rising delinquency rates could raise concerns about consumer credit costs and future provisions. Credit Card Delinquencies Creep Up
• Negative Sentiment: The recent earnings miss remains an overhang: quarterly EPS of $5.75 fell short of the $5.94 consensus, while revenue also missed estimates. This may be offsetting optimism around digital assets and higher longer-term forecasts.

Analysts Set New Price Targets

JPM has been the subject of several analyst reports. Citigroup cut their price target on shares of JPMorgan Chase & Co. from $360.00 to $350.00 and set a “neutral” rating for the company in a report on Thursday, October 15th. Zacks Research downgraded shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Evercore reaffirmed an “outperform” rating and issued a $360.00 price objective on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Robert W. Baird boosted their target price on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 14th. Finally, Barclays boosted their target price on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $368.10.

JPMorgan Chase & Co. Trading Down 1.4%

The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The business has a fifty day simple moving average of $345.41 and a 200 day simple moving average of $331.70. The company has a market cap of $882.04 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 1.31 and a beta of 1.02.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results 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). JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The company had revenue of $50.17 billion for the quarter, compared to analysts’ expectations of $51.23 billion. During the same quarter in the previous year, the firm posted $5.07 earnings per share. JPMorgan Chase & Co.’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities analysts anticipate that JPMorgan Chase & Co. will post 23.97 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 paid a $1.65 dividend. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.68%.

Insider Buying and Selling

In related news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, the insider owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Hedge funds and other institutional investors have recently modified their holdings of the stock. E Fund Management Co. Ltd. lifted its holdings in JPMorgan Chase & Co. by 7.1% in the 2nd quarter. E Fund Management Co. Ltd. now owns 29,956 shares of the financial services provider’s stock valued at $9,805,000 after purchasing an additional 1,973 shares in the last quarter. Edmond DE Rothschild Holding S.A. boosted its stake in shares of JPMorgan Chase & Co. by 4.6% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 343,644 shares of the financial services provider’s stock worth $112,485,000 after purchasing an additional 15,017 shares during the last quarter. Neumann Capital Management LLC acquired a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter worth about $3,457,000. First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of JPMorgan Chase & Co. by 18.7% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 41,218 shares of the financial services provider’s stock worth $12,125,000 after purchasing an additional 6,492 shares during the last quarter. Finally, FAS Wealth Partners Inc. grew its holdings in shares of JPMorgan Chase & Co. by 4.3% during the first quarter. FAS Wealth Partners Inc. now owns 43,527 shares of the financial services provider’s stock worth $12,804,000 after buying an additional 1,794 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

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.