SG Americas Securities LLC Boosts Holdings in MillerKnoll, Inc. $MLKN

SG Americas Securities LLC increased its position in MillerKnoll, Inc. (NASDAQ:MLKN) by 14.7% during the first quarter, HoldingsChannel.com reports. The firm owned 549,173 shares of the company’s stock after acquiring an additional 70,446 shares during the quarter. SG Americas Securities LLC’s holdings in MillerKnoll were worth $7,941,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Douglas Lane & Associates LLC lifted its stake in shares of MillerKnoll by 92.4% in the fourth quarter. Douglas Lane & Associates LLC now owns 445,145 shares of the company’s stock worth $8,137,000 after buying an additional 213,816 shares in the last quarter. Deprince Race & Zollo Inc. grew its holdings in shares of MillerKnoll by 27.2% during the fourth quarter. Deprince Race & Zollo Inc. now owns 2,530,994 shares of the company’s stock valued at $46,267,000 after buying an additional 541,638 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of MillerKnoll during the fourth quarter valued at approximately $1,549,000. Vanguard Group Inc. increased its position in shares of MillerKnoll by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 8,550,194 shares of the company’s stock valued at $156,298,000 after acquiring an additional 623,035 shares in the last quarter. Finally, LSV Asset Management raised its holdings in MillerKnoll by 8.1% in the 4th quarter. LSV Asset Management now owns 1,363,446 shares of the company’s stock worth $24,924,000 after acquiring an additional 102,247 shares during the last quarter. 87.50% of the stock is currently owned by institutional investors.

MillerKnoll Price Performance

NASDAQ MLKN opened at $19.96 on Friday. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 15.12, a PEG ratio of 0.84 and a beta of 1.41. MillerKnoll, Inc. has a 1-year low of $13.77 and a 1-year high of $23.18. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.58 and a quick ratio of 0.92. The business’s fifty day moving average price is $16.02 and its 200-day moving average price is $17.76.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data on Wednesday, June 24th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.52 by $0.03. MillerKnoll had a return on equity of 9.77% and a net margin of 2.38%.The company had revenue of $1 billion during the quarter, compared to analyst estimates of $973.87 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. MillerKnoll’s revenue was up 4.4% compared to the same quarter last year. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. On average, equities analysts predict that MillerKnoll, Inc. will post 1.99 earnings per share for the current year.

MillerKnoll Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Saturday, May 30th will be paid a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, May 29th. MillerKnoll’s payout ratio is currently 56.82%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MLKN. Wall Street Zen raised MillerKnoll from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research raised MillerKnoll from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings downgraded MillerKnoll from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, MillerKnoll presently has a consensus rating of “Hold”.

Key Headlines Impacting MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: MillerKnoll’s latest quarterly report beat Wall Street estimates on both earnings and revenue, reinforcing confidence in near-term execution. MillerKnoll (MLKN) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Sidoti lifted full-year FY2027 EPS estimates to $2.01 and FY2028 EPS estimates to $2.46, suggesting analysts see improving earnings power over the next two years. MillerKnoll analyst estimate updates
• Positive Sentiment: Sidoti also raised its Q4 2027 EPS estimate to $0.74 and Q4 2028 EPS estimate to $0.85, indicating stronger expectations for later-period profitability. MillerKnoll analyst estimate updates
• Neutral Sentiment: Analysts trimmed some intermediate-quarter forecasts, including Q1 2027, Q2 2027, Q3 2027, Q1 2028, and Q2 2028, but the cuts were modest and were offset by higher long-term estimates. MillerKnoll analyst estimate updates
• Neutral Sentiment: Management’s post-earnings focus appears to be on cost control, cash flow, debt reduction, and smaller-format retail growth, which supports the longer-term story but does not immediately change results. MillerKnoll Q4 Earnings Call Puts Focus on Retail Discipline

MillerKnoll 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.