MillerKnoll, Inc. $MLKN Stake Raised by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 704.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,992 shares of the company’s stock after acquiring an additional 49,028 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of MillerKnoll worth $993,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MLKN. Arrowstreet Capital Limited Partnership increased its holdings in MillerKnoll by 81.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 798,349 shares of the company’s stock worth $15,504,000 after buying an additional 358,886 shares during the last quarter. Jane Street Group LLC lifted its position in shares of MillerKnoll by 311.8% during the 1st quarter. Jane Street Group LLC now owns 414,275 shares of the company’s stock worth $7,929,000 after purchasing an additional 313,684 shares during the last quarter. Deprince Race & Zollo Inc. grew its holdings in MillerKnoll by 10.6% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 1,989,356 shares of the company’s stock valued at $35,291,000 after buying an additional 191,249 shares during the last quarter. Forager Capital Management LLC lifted its holdings in shares of MillerKnoll by 10.2% during the second quarter. Forager Capital Management LLC now owns 1,301,841 shares of the company’s stock worth $25,282,000 after buying an additional 120,000 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of MillerKnoll by 12.7% in the second quarter. Bank of America Corp DE now owns 1,040,492 shares of the company’s stock worth $20,206,000 after acquiring an additional 117,000 shares during the last quarter. 87.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on MLKN shares. Zacks Research lowered MillerKnoll from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, MillerKnoll has a consensus rating of “Reduce”.

MillerKnoll Stock Performance

NASDAQ:MLKN opened at $19.30 on Monday. MillerKnoll, Inc. has a 1 year low of $13.77 and a 1 year high of $23.47. The company has a market capitalization of $1.32 billion, a P/E ratio of -49.49, a P/E/G ratio of 0.84 and a beta of 1.32. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.66 and a quick ratio of 0.95. The business has a fifty day simple moving average of $16.89 and a two-hundred day simple moving average of $18.32.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings data on Wednesday, December 17th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.03. The firm had revenue of $955.20 million for the quarter, compared to analysts’ expectations of $943.13 million. MillerKnoll had a negative net margin of 0.68% and a positive return on equity of 10.32%. The business’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the company posted $0.55 EPS. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. On average, analysts expect that MillerKnoll, Inc. will post 2.12 earnings per share for the current year.

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.