MillerKnoll, Inc. $MLKN Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 3.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 8,027,225 shares of the company’s stock after selling 275,300 shares during the period. Vanguard Group Inc. owned about 11.85% of MillerKnoll worth $153,641,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Deprince Race & Zollo Inc. acquired a new stake in MillerKnoll during the 4th quarter worth approximately $32,283,000. LSV Asset Management lifted its holdings in MillerKnoll by 36.4% during the 1st quarter. LSV Asset Management now owns 1,280,484 shares of the company’s stock worth $24,508,000 after buying an additional 342,048 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in MillerKnoll during the 4th quarter worth approximately $6,576,000. Millennium Management LLC lifted its holdings in MillerKnoll by 43.7% during the 4th quarter. Millennium Management LLC now owns 877,809 shares of the company’s stock worth $19,830,000 after buying an additional 267,097 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in MillerKnoll by 39.9% during the 4th quarter. Wellington Management Group LLP now owns 804,105 shares of the company’s stock worth $18,165,000 after buying an additional 229,283 shares in the last quarter. Institutional investors and hedge funds own 87.50% of the company’s stock.

MillerKnoll Trading Down 1.4%

NASDAQ MLKN opened at $21.13 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.58 and a debt-to-equity ratio of 1.03. MillerKnoll, Inc. has a 52 week low of $15.25 and a 52 week high of $30.56. The firm has a 50 day moving average of $19.63 and a two-hundred day moving average of $18.94. The stock has a market capitalization of $1.43 billion, a PE ratio of -37.73, a price-to-earnings-growth ratio of 0.99 and a beta of 1.22.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings data on Wednesday, June 25th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.16. MillerKnoll had a negative net margin of 1.01% and a positive return on equity of 10.44%. The company had revenue of $961.80 million for the quarter, compared to analysts’ expectations of $913.80 million. During the same quarter last year, the company earned $0.67 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. MillerKnoll has set its Q1 2026 guidance at 0.320-0.38 EPS. As a group, research analysts expect that MillerKnoll, Inc. will post 2.12 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Sunday, August 31st will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.75 dividend on an annualized basis and a yield of 3.5%. MillerKnoll’s dividend payout ratio (DPR) is presently -133.93%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of MillerKnoll from a “hold” rating to a “buy” rating in a report on Monday, May 12th. Benchmark upgraded shares of MillerKnoll to a “hold” rating in a report on Friday, June 27th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

MillerKnoll Company Profile

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.