MillerKnoll, Inc. $MLKN Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board lifted its holdings in shares of MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) by 25.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 216,141 shares of the company's stock after buying an additional 43,822 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.32% of MillerKnoll worth $4,137,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Dimensional Fund Advisors LP increased its position in shares of MillerKnoll by 3.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,820,581 shares of the company's stock worth $86,306,000 after purchasing an additional 121,478 shares in the last quarter. Deprince Race & Zollo Inc. purchased a new stake in shares of MillerKnoll during the fourth quarter worth approximately $32,283,000. Charles Schwab Investment Management Inc. increased its position in shares of MillerKnoll by 2.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,343,825 shares of the company's stock worth $25,721,000 after purchasing an additional 30,880 shares in the last quarter. LSV Asset Management increased its position in shares of MillerKnoll by 36.4% during the first quarter. LSV Asset Management now owns 1,280,484 shares of the company's stock worth $24,508,000 after purchasing an additional 342,048 shares in the last quarter. Finally, Vulcan Value Partners LLC increased its position in shares of MillerKnoll by 12.8% during the fourth quarter. Vulcan Value Partners LLC now owns 1,252,093 shares of the company's stock worth $28,285,000 after purchasing an additional 141,936 shares in the last quarter. 87.50% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on MLKN shares. Wall Street Zen upgraded MillerKnoll from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Benchmark upgraded MillerKnoll to a "hold" rating in a report on Friday, June 27th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, MillerKnoll has a consensus rating of "Hold".

MillerKnoll Trading Up 5.8%

Shares of MillerKnoll stock traded up $1.20 during trading hours on Friday, hitting $22.04. The company's stock had a trading volume of 88,087 shares, compared to its average volume of 531,907. MillerKnoll, Inc. has a twelve month low of $15.25 and a twelve month high of $30.56. The firm has a fifty day moving average of $19.70 and a 200-day moving average of $18.94. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of -39.34, a P/E/G ratio of 0.97 and a beta of 1.22. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.94 and a current ratio of 1.58.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.16. MillerKnoll had a positive return on equity of 10.44% and a negative net margin of 1.01%.The firm had revenue of $961.80 million for the quarter, compared to analyst estimates of $913.80 million. During the same quarter in the prior year, the company earned $0.67 EPS. MillerKnoll's revenue was up 8.2% on a year-over-year basis. MillerKnoll has set its Q1 2026 guidance at 0.320-0.38 EPS. Research analysts forecast that MillerKnoll, Inc. will post 2.12 EPS for the current year.

MillerKnoll Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Sunday, August 31st will be paid a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Friday, August 29th. MillerKnoll's dividend payout ratio (DPR) is currently -133.93%.

MillerKnoll Profile

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.