Intech Investment Management LLC Purchases 22,238 Shares of MillerKnoll, Inc. $MLKN

Intech Investment Management LLC lifted its position in MillerKnoll, Inc. (NASDAQ:MLKN) by 20.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,134 shares of the company’s stock after acquiring an additional 22,238 shares during the quarter. Intech Investment Management LLC owned approximately 0.19% of MillerKnoll worth $2,510,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. LSV Asset Management boosted its position in MillerKnoll by 36.4% during the first quarter. LSV Asset Management now owns 1,280,484 shares of the company’s stock worth $24,508,000 after purchasing an additional 342,048 shares during the period. Jane Street Group LLC grew its position in MillerKnoll by 311.8% in the first quarter. Jane Street Group LLC now owns 414,275 shares of the company’s stock worth $7,929,000 after acquiring an additional 313,684 shares in the last quarter. Raymond James Financial Inc. grew its position in MillerKnoll by 877.9% in the first quarter. Raymond James Financial Inc. now owns 334,772 shares of the company’s stock worth $6,407,000 after acquiring an additional 300,539 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of MillerKnoll during the fourth quarter worth approximately $6,576,000. Finally, Millennium Management LLC raised its stake in shares of MillerKnoll by 43.7% during the fourth quarter. Millennium Management LLC now owns 877,809 shares of the company’s stock worth $19,830,000 after acquiring an additional 267,097 shares in the last quarter. Institutional investors own 87.50% of the company’s stock.

Analyst Ratings Changes

MLKN has been the topic of several analyst 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 upgraded shares of MillerKnoll to a “hold” rating in a report on Friday, June 27th. Finally, Wall Street Zen cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a report on Sunday. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, MillerKnoll currently has a consensus rating of “Hold”.

MillerKnoll Price Performance

NASDAQ MLKN opened at $20.47 on Tuesday. MillerKnoll, Inc. has a 52 week low of $15.25 and a 52 week high of $28.33. The firm has a market capitalization of $1.40 billion, a P/E ratio of -36.55, a PEG ratio of 0.94 and a beta of 1.25. The company has a quick ratio of 0.94, a current ratio of 1.58 and a debt-to-equity ratio of 1.03. The company has a 50-day moving average price of $20.50 and a 200-day moving average price of $18.76.

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

MillerKnoll Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Sunday, August 31st will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Friday, August 29th. MillerKnoll’s dividend payout ratio is currently -133.93%.

MillerKnoll 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.