Sei Investments Co. Acquires 65,292 Shares of Haverty Furniture Companies, Inc. $HVT

Key Points

• Sei Investments increased its Haverty Furniture holdings by 65.5%, purchasing 65,292 additional shares and bringing its stake to 164,994 shares, or 1.02% of the company. Institutional investors collectively own 80.57% of HVT.
• Haverty Furniture’s latest quarterly results exceeded expectations, with EPS of $0.25 versus a $0.23 estimate and revenue of $194.94 million versus $189.19 million expected.
• Analysts maintain a consensus “Hold” rating on the stock. Haverty also pays a quarterly dividend of $0.33, equivalent to a $1.32 annualized payout and a 4.6% yield, though its payout ratio is high at 97.06%.

Sei Investments Co. increased its holdings in shares of Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) by 65.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 164,994 shares of the company's stock after purchasing an additional 65,292 shares during the period. Sei Investments Co. owned 1.02% of Haverty Furniture Companies worth $3,495,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hodges Capital Management Inc. bought a new position in Haverty Furniture Companies in the fourth quarter worth approximately $4,948,000. Tectonic Advisors LLC bought a new stake in Haverty Furniture Companies during the 4th quarter valued at $1,990,000. Jane Street Group LLC boosted its position in Haverty Furniture Companies by 68.7% during the 1st quarter. Jane Street Group LLC now owns 172,099 shares of the company's stock valued at $3,394,000 after acquiring an additional 70,060 shares in the last quarter. Man Group plc purchased a new position in shares of Haverty Furniture Companies in the 3rd quarter valued at $1,425,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Haverty Furniture Companies by 21.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 371,843 shares of the company's stock valued at $8,686,000 after acquiring an additional 64,614 shares during the period. 80.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wall Street Zen cut Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. Zacks Research upgraded Haverty Furniture Companies from a "strong sell" rating to a "hold" rating in a research note on Monday, July 6th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Haverty Furniture Companies in a research note on Tuesday. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

Haverty Furniture Companies Stock Down 0.1%

Shares of HVT opened at $28.82 on Friday. The company has a market cap of $463.87 million, a price-to-earnings ratio of 21.19, a price-to-earnings-growth ratio of 1.47 and a beta of 1.20. Haverty Furniture Companies, Inc. has a twelve month low of $19.89 and a twelve month high of $29.66. The company has a 50 day moving average of $24.84 and a two-hundred day moving average of $23.82.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $194.94 million during the quarter, compared to the consensus estimate of $189.19 million. Haverty Furniture Companies had a return on equity of 7.15% and a net margin of 2.93%. On average, sell-side analysts expect that Haverty Furniture Companies, Inc. will post 1.64 EPS for the current year.

Haverty Furniture Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Monday, June 1st were given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, June 1st. Haverty Furniture Companies's dividend payout ratio (DPR) is presently 97.06%.

Key Stories Impacting Haverty Furniture Companies

Here are the key news stories impacting Haverty Furniture Companies this week:

• Positive Sentiment: Zacks upgraded HVT to Rank #2 (Buy), citing growing optimism about the company’s earnings prospects. The upgrade could provide near-term support for the stock. What Makes Haverty Furniture HVT a New Buy Stock
• Positive Sentiment: Sidoti raised its FY2027 EPS forecast to $3.02 from $2.97 and increased estimates for Q4 2026 and the first two quarters of 2027. These revisions suggest improving longer-term profit expectations, although the changes were relatively small. Haverty Furniture Companies analyst estimates
• Neutral Sentiment: Recent Zacks articles examined whether HVT offers better value than Williams-Sonoma NYSE: WSM and whether value investors should buy the stock. The coverage highlights valuation, growth, momentum and earnings-estimate trends, but does not provide a new material company announcement. HVT or WSM Which Is the Better Value Stock Right Now
• Neutral Sentiment: Unusually high options volume indicates increased trading interest in HVT, but the report does not identify whether investors are positioning for gains or declines. Haverty Furniture Companies Sees Unusually High Options Volume
• Negative Sentiment: Haverty expects 2026 gross margin of 60.5%-61% amid fuel-driven freight increases. Higher transportation costs could constrain profitability and offset some of the benefit from stronger earnings estimates. Havertys expects 2026 gross margin amid fuel-driven freight increases
• Negative Sentiment: Sidoti trimmed its Q3 2026 EPS estimate to $0.50 from $0.51 and slightly lowered its Q4 2027 forecast to $1.07 from $1.08, signaling some near-term uncertainty. Haverty Furniture Companies analyst estimates

Haverty Furniture Companies Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.

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