JPMorgan Chase & Co. (NYSE:JPM) Sees 1.1% Increase Following Dividend Declaration
On March 21st, 2025, shares of JPMorgan Chase & Co. (NYSE:JPM) rose by 1.1% in mid-day trading after the company revealed a new dividend. The stock peaked at $238.17 before settling at $237.67, with a total of 1,660,645 shares changing hands. This trading volume marked a significant decline of 81% from the average session volume of 8,810,589 shares, and the stock had closed at $234.97 the previous day.
The dividend announcement indicated that shareholders on record as of Friday, April 4th would receive a dividend payment of $1.40 per share, payable on Wednesday, April 30th. This new dividend reflects an annualized dividend of $5.60, corresponding to a yield of 2.34%. This marks an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. The company's dividend payout ratio currently stands at 28.37%.
Recent Analyst Ratings
In terms of market evaluations, several equity analysts have issued updated reports regarding JPMorgan Chase & Co. For instance, Keefe, Bruyette & Woods raised their target price for the stock from $257.00 to $264.00, providing a 'market perform' rating. Similarly, Baird R W changed their rating from 'strong sell' to 'hold' earlier this month. On the same day, Robert W. Baird upgraded their stance from 'underperform' to 'neutral', raising their price target from $215.00 to $220.00. Additionally, Truist Financial shifted their target price from $260.00 to $268.00 and maintained a 'hold' rating. Moreover, UBS Group also increased their target price from $276.00 to $287.00, retaining a 'buy' position. Overall, ten analysts have rated the stock as a hold, while another ten have assigned a buy rating, resulting in an average rating of 'Moderate Buy' with a consensus price target of $252.89 according to MarketBeat.com.
Stock Performance Overview
JPMorgan Chase & Co. boasts a market capitalization of $667.89 billion, a price-to-earnings (P/E) ratio of 12.10, and a P/E/G ratio of 2.83, with a beta of 1.10. The company has a 50-day moving average price of $257.83 and a 200-day moving average price of $239.11. Furthermore, it has a debt-to-equity ratio of 1.24, alongside a current ratio of 0.88 and a quick ratio of 0.89.
In their latest quarterly earnings announcement on January 15th, the firm reported earnings per share (EPS) of $4.81, exceeding analysts' expectations of $4.03 by $0.78. The total revenue for the quarter reached $42.77 billion, surpassing the anticipated $41.90 billion. Year-over-year, revenue increased by 10.9%, compared to last year's $3.04 EPS. Analysts forecast an EPS of 18.1 for the current fiscal year for JPMorgan Chase & Co.
Insider Transactions
In recent insider activity, General Counsel Stacey Friedman sold 3,303 shares of the company's stock on January 16th at an average price of $253.94, totaling approximately $838,763.82. Following this sale, she retains ownership of 47,620 shares valued at around $12,092,622.80, which reflects a 6.49% decrease in her holdings. Additional insider Robin Leopold sold 1,250 shares on February 20th at an average price of $270.09, realizing about $337,612.50 from the transaction, reducing her holdings by 2.42%. In the last quarter, insiders sold a total of 46,326 shares valued at approximately $12,448,445, with insiders owning 0.79% of the company’s stock altogether.
Institutional Investor Activity
Recent modifications of holdings by institutional investors have also been noteworthy. Principal Financial Group Inc. increased its holdings in JPMorgan Chase & Co. by 3.2% in the third quarter, acquiring an additional 182,648 shares, now totaling 5,824,289 shares valued at $1,228,110,000. United Bank raised their holdings by 2.5%, owning 25,354 shares valued at $5,346,000 after acquiring an additional 614 shares. Maxwell Wealth Strategies Inc. boosted their shareholding by 21.9%, now holding 32,622 shares valued at $7,225,000. Other institutions, including RIA Advisory Group LLC and KPP Advisory Services LLC, have also made incremental purchases or increases. Altogether, institutional investors own approximately 71.55% of the company’s stock.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. is a leading financial holding company that provides a wide range of financial and investment banking services. The company specializes in various investment banking products and services across capital markets, from advising on corporate strategies to capital raising in equity and debt markets, risk management, market making, and brokerage services.
JPMorgan, dividend, trading