MillerKnoll, Inc. $MLKN Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its holdings in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 504,107 shares of the company’s stock after selling 39,869 shares during the period. JPMorgan Chase & Co. owned 0.74% of MillerKnoll worth $8,943,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Osaic Holdings Inc. increased its position in MillerKnoll by 36.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock valued at $38,000 after buying an additional 519 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in MillerKnoll in the third quarter worth about $72,000. Canada Pension Plan Investment Board purchased a new stake in shares of MillerKnoll during the second quarter worth about $82,000. Strs Ohio purchased a new stake in shares of MillerKnoll during the third quarter worth about $85,000. Finally, Rexford Capital Inc. acquired a new position in shares of MillerKnoll during the second quarter valued at about $101,000. Hedge funds and other institutional investors own 87.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Wall Street Zen lowered shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Zacks Research lowered shares of MillerKnoll from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. William Blair began coverage on shares of MillerKnoll in a report on Tuesday, February 10th. They issued an “outperform” rating for the company. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, MillerKnoll has a consensus rating of “Hold”.

Key MillerKnoll News

Here are the key news stories impacting MillerKnoll this week:

• Neutral Sentiment: Q3 results: revenue rose ~5.7% year‑over‑year but the company missed estimates (reported adjusted EPS $0.43 vs. $0.45 expected; revenue $926.6M vs. $941.95M expected). Official results and release. PR Newswire: Q3 Results
• Neutral Sentiment: Sidoti published out‑year model updates (quarterly EPS estimates through FY2028) — these provide new analyst visibility but are forward estimates rather than firm guidance.
• Negative Sentiment: Analyst cuts: Sidoti reduced several near‑term quarter estimates and trimmed FY2026 EPS to $1.84 from $1.94, lowering Q4‑2026, Q1‑Q3‑2027 and other quarter forecasts — a concrete downgrade to near‑term earnings expectations. MarketBeat: MLKN
• Negative Sentiment: Geopolitical & weather risks: management singled out the Iran war (and weather) as pressuring the company’s outlook and margins — this guidance risk is being priced into the stock. Investopedia: Iran war impact
• Negative Sentiment: Shareholder litigation risk: Holzer & Holzer and Johnson Fistel announced investigations into MillerKnoll following the earnings miss and outlook concerns — potential legal overhang for the stock. GlobeNewswire: Holzer & Holzer GlobeNewswire: Johnson Fistel
• Negative Sentiment: Market reaction: investors sold after the print and guidance, producing a sharp share decline and elevated volume as media coverage highlighted the earnings miss and guidance risk. Investing.com: Shares plunge

MillerKnoll Stock Performance

MLKN opened at $15.02 on Monday. The firm has a fifty day moving average price of $20.04 and a 200 day moving average price of $18.15. MillerKnoll, Inc. has a 1 year low of $13.77 and a 1 year high of $23.18. The stock has a market cap of $1.03 billion, a P/E ratio of 107.29, a P/E/G ratio of 0.69 and a beta of 1.31. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.64 and a quick ratio of 0.92.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings data on Wednesday, March 25th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.02). The firm had revenue of $926.60 million during the quarter, compared to analysts’ expectations of $941.95 million. MillerKnoll had a net margin of 0.28% and a return on equity of 10.11%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS. Equities research analysts anticipate that MillerKnoll, Inc. will post 2.12 earnings per share for the current year.

MillerKnoll Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Saturday, February 28th will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Friday, February 27th. MillerKnoll’s payout ratio is currently 535.71%.

About MillerKnoll

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.