JPMorgan Chase & Co. (NYSE:JPM) Rating Lowered to “Sell” at Wall Street Zen

JPMorgan Chase & Co. (NYSE:JPM) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently commented on the company. Royal Bank Of Canada reissued an “outperform” rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, October 14th. Freedom Broker raised JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 15th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, October 14th. Barclays boosted their price objective on JPMorgan Chase & Co. from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, JPMorgan Chase & Co. currently has a consensus rating of “Moderate Buy” and an average target price of $368.33.

JPMorgan Chase & Co. Stock Up 0.1%

JPM stock opened at $334.67 on Friday. The firm’s 50-day moving average is $341.87 and its two-hundred day moving average is $323.78. The company has a market capitalization of $888.75 billion, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.31.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (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 the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. The company’s 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. On average, analysts forecast that JPMorgan Chase & Co. will post 23.95 earnings per share for the current fiscal year.

Insider Activity

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

Hedge Funds Weigh In On JPMorgan Chase & Co.

A number of hedge funds have recently modified their holdings of JPM. Rasp Wealth Solutions LLC increased its position in JPMorgan Chase & Co. by 4.3% in the 3rd quarter. Rasp Wealth Solutions LLC now owns 3,777 shares of the financial services provider’s stock worth $1,250,000 after buying an additional 157 shares during the period. MSH Capital Advisors LLC boosted its position in shares of JPMorgan Chase & Co. by 2.0% in the third quarter. MSH Capital Advisors LLC now owns 34,041 shares of the financial services provider’s stock valued at $11,262,000 after acquiring an additional 672 shares during the period. Cornerstone Advisory LLC boosted its position in shares of JPMorgan Chase & Co. by 2.1% in the third quarter. Cornerstone Advisory LLC now owns 14,530 shares of the financial services provider’s stock valued at $4,807,000 after acquiring an additional 305 shares during the period. Ibex Wealth Advisors boosted its position in shares of JPMorgan Chase & Co. by 153.5% in the third quarter. Ibex Wealth Advisors now owns 22,432 shares of the financial services provider’s stock valued at $7,421,000 after acquiring an additional 13,582 shares during the period. Finally, Wellington Grp LLC grew its stake in shares of JPMorgan Chase & Co. by 32.4% in the third quarter. Wellington Grp LLC now owns 6,409 shares of the financial services provider’s stock worth $2,120,000 after acquiring an additional 1,570 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan’s disciplined duration management and stable deposits may help protect its balance sheet if rates remain high. However, funding costs and regulatory exposure are still risks. JPM Flags Higher Rate Risks: Can Its Balance Sheet Stay Resilient?
• Positive Sentiment: ETFs bought about $65.6 million of JPM shares on Nov. 4, a supportive demand signal, though one day of flows may not indicate a lasting trend. 42 ETFs Add to JPMorgan Chase (JPM) on Nov. 4
• Neutral Sentiment: JPMorgan’s M&A chief expects a softer 2027, but suggested private-equity firms may eventually need to sell assets, potentially improving exit activity. JPMorgan’s M&A chief sees softer 2027—but a potential upside surprise in private equity exits
• Negative Sentiment: Senate Finance Committee Democrats plan to scrutinize JPMorgan’s relationship with Epstein and how senior executives handled it. The probe could prolong reputational and regulatory uncertainty; the reports do not establish wrongdoing. Democrats to probe JPMorgan’s relationship with Epstein when they take Senate control

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a global financial services company serving consumers, businesses, institutional clients and governments. Its operations include consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.

The company offers services such as deposit accounts, credit cards, mortgages, auto financing, lending, payment processing and investment advice. It also provides institutional clients with investment banking, markets, treasury and securities services, and commercial lending.

Headquartered in New York City, JPMorgan Chase serves customers across the United States and operates in many international markets.