JPMorgan Chase & Co. (NYSE:JPM) Experiences 1.1% Increase Following Dividend Announcement

On March 21, 2025, shares of JPMorgan Chase & Co. (NYSE:JPM) rose by 1.1% during mid-day trading after the bank revealed its latest dividend announcement. The stock reached a high of $238.17 before settling at $237.67. During the session, 1,660,645 shares changed hands, which marked a significant decline of 81% compared to the average trading volume of 8,810,589 shares. The previous day's closing price was $234.97.

The declared dividend is set to be disbursed on April 30, 2025, with shareholders on record as of April 4, 2025, eligible to receive $1.40 per share. This dividend’s ex-dividend date is also April 4, 2025. This announcement represents an annualized dividend of $5.60 and a yield of 2.34%, an increase from JPMorgan Chase’s earlier quarterly dividend rate of $1.25. The current dividend payout ratio stands at 28.37%.

Analyst Ratings and Changes

In addition to the dividend news, several analysts have updated their recommendations regarding JPMorgan Chase shares. Keefe, Bruyette & Woods raised their target price from $257.00 to $264.00, giving the stock a "market perform" rating on January 16, 2025. On the same day, Truist Financial lifted its target price from $260.00 to $268.00 and also rated the stock as a "hold." On March 7, 2025, Robert W. Baird moved from a "strong sell" rating to a "hold" position and increased its price target from $215.00 to $220.00.

Furthermore, UBS Group raised its target price from $276.00 to $287.00, rating the stock as a "buy." Overall, ten analysts suggest holding the stock while another ten name it a buy. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" with an average price target of $252.89.

Overview of Stock Performance

JPMorgan Chase currently 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. The firm's beta is 1.10, indicating its volatility compared to the broader market. As of recent trading, the stock’s 50-day moving average price is $257.83, in contrast to the 200-day moving average price of $239.11. The company also disclosed a debt-to-equity ratio of 1.24, with a current ratio of 0.88 and a quick ratio of 0.89.

JPMorgan Chase last announced its quarterly earnings on January 15, 2025, reporting earnings per share of $4.81, which surpassed the consensus estimate of $4.03 by $0.78. This quarter also reflected revenues of $42.77 billion, exceeding analyst expectations of $41.90 billion. The firm achieved a return on equity of 16.99% and a net margin of 20.96%, with revenue increasing 10.9% year-over-year. Analysts predict that JPMorgan Chase will report earnings of 18.1 EPS for the ongoing fiscal year.

Insider Activity

Recent insider activities drew attention as General Counsel Stacey Friedman sold 3,303 shares on January 16, 2025, at an average price of $253.94, totaling approximately $838,763.82. Post-transaction, she retains 47,620 shares valued at around $12,092,622.80, marking a 6.49% reduction in her holdings. Similarly, insider Robin Leopold sold 1,250 shares on February 20, 2025, at $270.09 each, amounting to $337,612.50, reducing her stock position by 2.42%. Over the last quarter, insiders have sold 46,326 shares valued at $12,448,445, with insiders owning 0.79% of the company’s stock.

Institutional Investors and Shareholder Changes

Recent activity among institutional investors shows some shifting in stakes. Principal Financial Group Inc. increased its holdings in JPMorgan Chase by 3.2% in the third quarter, acquiring an additional 182,648 shares, leading to total ownership of 5,824,289 shares worth approximately $1.23 billion. United Bank raised its stake by 2.5%, now holding 25,354 shares valued at $5.35 million. Also, Maxwell Wealth Strategies Inc. boosted its position by 21.9%, now owning 32,622 shares valued at $7.23 million. Overall, institutional investors hold 71.55% of the company’s total shares.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. is a prominent financial holding company that provides a wide range of financial services, including investment banking. The firm offers various investment banking products and services across all capital markets, focusing on advising corporate strategy, capital raising, risk management, market making in securities, derivatives, and brokerage services.

JPMorgan, Stock, Dividend