State of Alaska Department of Revenue Acquires 2,535 Shares of MillerKnoll, Inc. $MLKN

State of Alaska Department of Revenue increased its holdings in MillerKnoll, Inc. (NASDAQ:MLKN) by 6.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,302 shares of the company’s stock after buying an additional 2,535 shares during the period. State of Alaska Department of Revenue owned about 0.06% of MillerKnoll worth $782,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of MLKN. GAMMA Investing LLC raised its stake in MillerKnoll by 2,189.3% in the first quarter. GAMMA Investing LLC now owns 46,472 shares of the company’s stock worth $889,000 after buying an additional 44,442 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in MillerKnoll by 29.9% in the first quarter. Harbor Capital Advisors Inc. now owns 24,104 shares of the company’s stock worth $461,000 after buying an additional 5,545 shares in the last quarter. SG Americas Securities LLC bought a new position in MillerKnoll in the first quarter worth approximately $624,000. Principal Financial Group Inc. raised its stake in MillerKnoll by 1.2% in the first quarter. Principal Financial Group Inc. now owns 373,008 shares of the company’s stock worth $7,139,000 after buying an additional 4,555 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its stake in MillerKnoll by 48.6% in the first quarter. Verdence Capital Advisors LLC now owns 13,899 shares of the company’s stock worth $266,000 after buying an additional 4,543 shares in the last quarter. Institutional investors own 87.50% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MLKN. Zacks Research raised MillerKnoll from a “strong sell” rating to a “hold” rating in a research report on Monday, August 25th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MillerKnoll in a research report on Saturday, September 27th. Wall Street Zen downgraded MillerKnoll from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Benchmark raised MillerKnoll to a “hold” rating in a research report on Friday, June 27th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, MillerKnoll currently has an average rating of “Reduce”.

MillerKnoll Price Performance

Shares of MLKN opened at $16.93 on Tuesday. The firm has a market capitalization of $1.16 billion, a PE ratio of -67.72, a price-to-earnings-growth ratio of 0.77 and a beta of 1.35. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.67 and a quick ratio of 0.96. MillerKnoll, Inc. has a 1-year low of $15.25 and a 1-year high of $25.96. The company’s fifty day moving average price is $20.01 and its 200-day moving average price is $18.62.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings data on Tuesday, September 23rd. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.11. The firm had revenue of $906.40 million for the quarter, compared to analyst estimates of $910.97 million. MillerKnoll had a negative net margin of 0.41% and a positive return on equity of 10.96%. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.36 earnings per share. MillerKnoll has set its Q2 2026 guidance at 0.380-0.440 EPS. On average, equities research analysts predict that MillerKnoll, Inc. will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders 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 dividend yield of 4.4%. MillerKnoll’s payout ratio is -300.00%.

About MillerKnoll

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.