Public Sector Pension Investment Board Has $4.69 Million Stock Holdings in MillerKnoll, Inc. $MLKN

Public Sector Pension Investment Board increased its position in MillerKnoll, Inc. (NASDAQ:MLKNFree Report) by 14.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 264,533 shares of the company’s stock after purchasing an additional 33,538 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.39% of MillerKnoll worth $4,693,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Arrowstreet Capital Limited Partnership raised its holdings in MillerKnoll by 81.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 798,349 shares of the company’s stock worth $15,504,000 after acquiring an additional 358,886 shares in the last quarter. Y Intercept Hong Kong Ltd raised its stake in shares of MillerKnoll by 711.1% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 87,330 shares of the company’s stock worth $1,549,000 after purchasing an additional 76,563 shares in the last quarter. Deprince Race & Zollo Inc. boosted its holdings in shares of MillerKnoll by 10.6% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 1,989,356 shares of the company’s stock valued at $35,291,000 after buying an additional 191,249 shares during the last quarter. LSV Asset Management grew its stake in shares of MillerKnoll by 4.0% in the second quarter. LSV Asset Management now owns 1,331,199 shares of the company’s stock valued at $25,852,000 after buying an additional 50,715 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in MillerKnoll by 704.0% during the third quarter. SG Americas Securities LLC now owns 55,992 shares of the company’s stock worth $993,000 after buying an additional 49,028 shares during the last quarter. 87.50% of the stock is owned by institutional investors and hedge funds.

MillerKnoll Price Performance

Shares of MLKN opened at $21.91 on Friday. The company’s 50-day moving average is $19.61 and its 200-day moving average is $18.49. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.66 and a quick ratio of 0.95. The firm has a market capitalization of $1.50 billion, a PE ratio of -56.18, a PEG ratio of 0.93 and a beta of 1.33. MillerKnoll, Inc. has a fifty-two week low of $13.77 and a fifty-two week high of $23.18.

MillerKnoll (NASDAQ:MLKNGet Free Report) last announced its quarterly earnings results on Wednesday, December 17th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. The business had revenue of $955.20 million for the quarter, compared to analyst estimates of $943.13 million. MillerKnoll had a negative net margin of 0.68% and a positive return on equity of 10.32%. MillerKnoll’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.55 EPS. MillerKnoll has set its Q3 2026 guidance at 0.420-0.480 EPS. Equities analysts forecast that MillerKnoll, Inc. will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Saturday, February 28th will be issued a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, February 27th. MillerKnoll’s dividend payout ratio (DPR) is presently -192.31%.

Wall Street Analysts Forecast Growth

MLKN has been the topic of several analyst reports. Zacks Research lowered shares of MillerKnoll from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Wall Street Zen cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a research note on Monday, December 29th. Finally, William Blair started coverage on MillerKnoll in a report on Tuesday, February 10th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on MLKN

MillerKnoll Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for MillerKnoll (NASDAQ:MLKN)

Receive News & Ratings for MillerKnoll Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MillerKnoll and related companies with MarketBeat.com's FREE daily email newsletter.