Hsbc Holdings PLC Has $201,000 Holdings in MillerKnoll, Inc. $MLKN

Hsbc Holdings PLC raised its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 7.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,350 shares of the company’s stock after acquiring an additional 753 shares during the quarter. Hsbc Holdings PLC’s holdings in MillerKnoll were worth $201,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Studio Investment Management LLC increased its position in MillerKnoll by 29.9% in the 4th quarter. Studio Investment Management LLC now owns 2,149 shares of the company’s stock valued at $49,000 after acquiring an additional 495 shares in the last quarter. PNC Financial Services Group Inc. increased its position in MillerKnoll by 3.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 23,877 shares of the company’s stock valued at $457,000 after acquiring an additional 859 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in MillerKnoll by 4.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,679 shares of the company’s stock valued at $896,000 after acquiring an additional 1,508 shares in the last quarter. State of Wyoming increased its position in MillerKnoll by 23.6% in the 4th quarter. State of Wyoming now owns 11,241 shares of the company’s stock valued at $254,000 after acquiring an additional 2,149 shares in the last quarter. Finally, Cresset Asset Management LLC increased its position in MillerKnoll by 4.0% in the 4th quarter. Cresset Asset Management LLC now owns 62,639 shares of the company’s stock valued at $1,427,000 after acquiring an additional 2,433 shares in the last quarter. Institutional investors and hedge funds own 87.50% of the company’s stock.

MillerKnoll Stock Up 1.3%

MillerKnoll stock opened at $21.44 on Friday. The company’s 50 day simple moving average is $20.51 and its 200 day simple moving average is $18.87. MillerKnoll, Inc. has a fifty-two week low of $15.25 and a fifty-two week high of $28.33. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of -38.29, a PEG ratio of 0.97 and a beta of 1.25. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.58 and a quick ratio of 0.94.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings results on Wednesday, June 25th. The company reported $0.60 earnings per share for the quarter, beating 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 firm had revenue of $961.80 million for the quarter, compared to analyst estimates of $913.80 million. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The business’s revenue 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, sell-side analysts anticipate that MillerKnoll, Inc. will post 2.12 EPS for the current year.

MillerKnoll Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Sunday, August 31st will be paid a $0.1875 dividend. 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 payout ratio is presently -133.93%.

Analyst Upgrades and Downgrades

MLKN has been the topic of several recent research reports. Zacks Research raised shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a research note on Monday, August 25th. Benchmark raised shares of MillerKnoll to a “hold” rating in a research note on Friday, June 27th. Finally, Wall Street Zen raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a research note on Saturday. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently 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.