Y Intercept Hong Kong Ltd Raises Stake in MillerKnoll, Inc. $MLKN

Y Intercept Hong Kong Ltd increased its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 711.1% in the third quarter, HoldingsChannel.com reports. The firm owned 87,330 shares of the company’s stock after acquiring an additional 76,563 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in MillerKnoll were worth $1,549,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its position in 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 buying an additional 519 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of MillerKnoll in the 2nd quarter worth approximately $82,000. Strs Ohio purchased a new position in MillerKnoll in the 3rd quarter valued at approximately $85,000. CWM LLC raised its holdings in MillerKnoll by 346.9% during the second quarter. CWM LLC now owns 5,072 shares of the company’s stock worth $99,000 after purchasing an additional 3,937 shares during the last quarter. Finally, Rexford Capital Inc. purchased a new stake in MillerKnoll during the second quarter worth $101,000. Hedge funds and other institutional investors own 87.50% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have 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 reaffirmed a “sell (d+)” rating on shares of MillerKnoll in a research report on Monday, December 29th. Finally, Wall Street Zen lowered shares of MillerKnoll from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

MillerKnoll Stock Performance

Shares of MLKN opened at $20.08 on Friday. The firm has a fifty day moving average of $17.93 and a 200-day moving average of $18.26. The company has a market cap of $1.37 billion, a price-to-earnings ratio of -51.49, a price-to-earnings-growth ratio of 0.84 and a beta of 1.32. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.95 and a current ratio of 1.66. MillerKnoll, Inc. has a 1 year low of $13.77 and a 1 year high of $23.12.

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

MillerKnoll Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Saturday, February 28th will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, February 27th. MillerKnoll’s dividend payout ratio (DPR) is currently -192.31%.

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.