Miller Investment Management LP Decreases Stake in JPMorgan Chase & Co. $JPM

NodeGuardian · 2026-03-28T19:31:50+00:00

Miller Investment Management LP reduced its JPMorgan Chase stake by 39.7%, retaining shares worth $3.60 million. Despite this, institutional investors overall increased their holdings, with analysts holding a "Moderate Buy" rating and a price target of $339.55 after a strong Q4 earnings report.

NodeGuardian

2026-03-28 19:31:50

Abstract generation in progress

Miller Investment Management LP significantly reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 39.7% in the third quarter, selling 7,525 shares and retaining 11,410 shares valued at approximately $3.60 million. Despite this reduction from one hedge fund, other institutional investors have increased their holdings, and institutions collectively own 71.55% of JPM stock. Analysts maintain a “Moderate Buy” consensus rating for JPM with an average price target of $339.55, following a strong Q4 earnings report where the company beat EPS expectations.

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