HNI stock icon

HNI Corp
HNI

$50.21
0.9%

Market Cap: 2.37B

 

About: HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

Employees: 8,200

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 8 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

3,816% more call options, than puts

Call options by funds: $1.21M | Put options by funds: $31K

59% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 22

7% more capital invested

Capital invested by funds: $1.53B [Q4 2023] → $1.65B (+$111M) [Q1 2024]

6% more funds holding

Funds holding: 210 [Q4 2023] → 223 (+13) [Q1 2024]

0.96% less ownership

Funds ownership: 78.77% [Q4 2023] → 77.81% (-0.96%) [Q1 2024]

15% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 78

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$54
8%
upside
Avg. target
$56
11%
upside
High target
$57
14%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Benchmark
Reuben Garner
14%upside
$57
Buy
Maintained
29 May 2024
Benchmark
Reuben Garner
8%upside
$54
Buy
Maintained
30 Apr 2024

Financial journalist opinion

Based on 8 articles about HNI published over the past 30 days