HNI (NYSE:HNI) Downgraded by Wall Street Zen to “Hold”

HNI (NYSE:HNI) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Several other research analysts have also recently issued reports on HNI. Weiss Ratings raised HNI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 3rd. Benchmark restated a “buy” rating on shares of HNI in a report on Friday, January 16th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, HNI presently has an average rating of “Moderate Buy” and a consensus target price of $75.00.

HNI Price Performance

Shares of NYSE HNI opened at $45.00 on Friday. HNI has a twelve month low of $38.03 and a twelve month high of $53.29. The company has a current ratio of 1.24, a quick ratio of 0.85 and a debt-to-equity ratio of 0.70. The firm has a 50-day moving average of $46.70 and a two-hundred day moving average of $44.50. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 36.00, a PEG ratio of 0.55 and a beta of 0.94.

HNI (NYSE:HNI) last announced its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.08). HNI had a return on equity of 15.80% and a net margin of 1.91%.The business had revenue of $888.40 million during the quarter, compared to analyst estimates of $693.78 million. During the same period in the prior year, the firm earned $0.87 EPS. The business’s revenue for the quarter was up 38.3% on a year-over-year basis. As a group, analysts expect that HNI will post 3.6 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HNI. Triumph Capital Management acquired a new position in HNI during the third quarter valued at $28,000. Versant Capital Management Inc boosted its position in HNI by 433.7% during the 3rd quarter. Versant Capital Management Inc now owns 1,110 shares of the business services provider’s stock worth $52,000 after acquiring an additional 902 shares during the period. GAMMA Investing LLC grew its stake in HNI by 59.9% during the 4th quarter. GAMMA Investing LLC now owns 1,223 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 458 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new position in HNI during the 3rd quarter valued at about $203,000. Finally, Equitable Trust Co. increased its holdings in shares of HNI by 22.5% in the 3rd quarter. Equitable Trust Co. now owns 7,520 shares of the business services provider’s stock valued at $352,000 after purchasing an additional 1,380 shares during the period. Hedge funds and other institutional investors own 75.26% of the company’s stock.

HNI News Summary

Here are the key news stories impacting HNI this week:

• Positive Sentiment: Analyst upgrade and bullish coverage — Zacks upgraded HNI to a Zacks Rank #2 (Buy), and published a separate bullish piece highlighting three growth drivers that could produce above‑average returns, which may support buying interest. All You Need to Know About HNI (HNI) Rating Upgrade to Buy
• Positive Sentiment: Longer‑term estimate revisions stack up — Sidoti raised several FY2026 and FY2027 estimates (FY2026 to ~$4.06 and FY2027 to ~$4.94 EPS) and bumped some quarterly forecasts, implying stronger mid‑cycle earnings power if guidance and synergies are realized.
• Neutral Sentiment: Mixed near‑term estimates from Sidoti — while Sidoti boosted some quarters, they also trimmed estimates for other quarters (e.g., cuts to certain Q3 estimates), producing a mixed short‑term outlook that tempers conviction on the near‑term stock move.
• Neutral Sentiment: Earnings call highlights growth and synergies — management emphasized growth and cost synergies tied to the Steelcase acquisition and a $120M synergy target that supports multi‑year EPS acceleration; investors will be watching execution. HNI Corp Earnings Call Highlights Growth And Synergies
• Negative Sentiment: EPS miss and market reaction — Q4 EPS came in at $0.83 vs. consensus $0.91 despite revenue of $888.4M (a large beat); the EPS shortfall and slim net margin drove a sharp near‑term selloff. HNI signals fifth year of double‑digit EPS growth with $120M synergy target following Steelcase acquisition
• Negative Sentiment: Headline selloff coverage — commentary highlighting the drop (~9.6% on the day of the release) has amplified downside momentum and volatility as investors digest the mixed message of revenue strength versus earnings softness. Why HNI Corporation’s (HNI) Stock Is Down 9.59%

HNI Company Profile

HNI Corporation, founded in 1944 as the Heating & Novelty Company and headquartered in Muscatine, Iowa, is a leading manufacturer of office furniture and hearth products. Over its history, the company has evolved from producing gas heaters into two primary business segments: Office Furniture and Hearth & Home. HNI’s Office Furniture division operates under well-known brands such as The HON Company, Allsteel, Gunlocke and Kimball, offering a comprehensive portfolio of workstations, seating, tables, storage solutions and acoustic products tailored for corporate, education, healthcare and government markets.

In its Hearth & Home segment, HNI designs, manufactures and distributes fireplaces, stoves, fireplace inserts, logs and related accessories.