Deprince Race & Zollo Inc. Raises Stock Holdings in MillerKnoll, Inc. $MLKN

Deprince Race & Zollo Inc. raised its position in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 10.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,989,356 shares of the company’s stock after buying an additional 191,249 shares during the period. Deprince Race & Zollo Inc. owned about 2.90% of MillerKnoll worth $35,291,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MLKN. Osaic Holdings Inc. boosted its holdings in shares of MillerKnoll by 36.5% during the second quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock worth $38,000 after purchasing an additional 519 shares during the period. Legal & General Group Plc raised its position in MillerKnoll by 0.4% during the 2nd quarter. Legal & General Group Plc now owns 192,219 shares of the company’s stock valued at $3,733,000 after purchasing an additional 678 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in MillerKnoll by 7.8% in the 1st quarter. Hsbc Holdings PLC now owns 10,350 shares of the company’s stock worth $201,000 after buying an additional 753 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in MillerKnoll by 2.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,480 shares of the company’s stock worth $775,000 after buying an additional 801 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of MillerKnoll by 6.6% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,393 shares of the company’s stock worth $338,000 after buying an additional 1,082 shares during the last quarter. Hedge funds and other institutional investors own 87.50% of the company’s stock.

MillerKnoll Stock Performance

Shares of MillerKnoll stock opened at $18.08 on Friday. The company has a current ratio of 1.66, a quick ratio of 0.95 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $1.24 billion, a P/E ratio of -46.36, a P/E/G ratio of 0.78 and a beta of 1.32. The business has a fifty day simple moving average of $16.07 and a two-hundred day simple moving average of $18.24. MillerKnoll, Inc. has a 12 month low of $13.77 and a 12 month high of $23.47.

MillerKnoll (NASDAQ:MLKN) last released its earnings results on Wednesday, December 17th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. The firm had revenue of $955.20 million for the quarter, compared to the consensus estimate of $943.13 million. MillerKnoll had a negative net margin of 0.68% and a positive return on equity of 10.32%. The company’s revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 EPS. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. On average, equities analysts forecast that MillerKnoll, Inc. will post 2.12 earnings per share for the current fiscal year.

MillerKnoll Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Saturday, November 29th will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.1%. MillerKnoll’s dividend payout ratio (DPR) is currently -192.31%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Zacks Research lowered MillerKnoll from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Weiss Ratings restated a “sell (d)” rating on shares of MillerKnoll in a report on Monday, December 15th. Finally, Wall Street Zen raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a research note on Sunday, November 2nd. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, MillerKnoll currently has an average rating of “Reduce”.

MillerKnoll Company Profile

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.