First Trust Advisors LP Trims Holdings in MillerKnoll, Inc. $MLKN

Posted by on Aug 10th, 2026

First Trust Advisors LP reduced its stake in MillerKnoll, Inc. (NASDAQ:MLKN – Free Report) by 32.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 85,641 shares of the company’s stock after selling 40,462 shares during the quarter. First Trust Advisors LP’s holdings in MillerKnoll were worth $1,238,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its position in MillerKnoll by 7.0% in the first quarter. PNC Financial Services Group Inc. now owns 22,170 shares of the company’s stock valued at $321,000 after purchasing an additional 1,455 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in shares of MillerKnoll in the first quarter valued at $26,000. Dimensional Fund Advisors LP grew its stake in shares of MillerKnoll by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,610,776 shares of the company’s stock valued at $52,211,000 after buying an additional 103,372 shares in the last quarter. KBC Group NV raised its holdings in shares of MillerKnoll by 92.1% in the 1st quarter. KBC Group NV now owns 3,803 shares of the company’s stock valued at $55,000 after buying an additional 1,823 shares during the period. Finally, Illinois Municipal Retirement Fund raised its holdings in shares of MillerKnoll by 3.5% in the 1st quarter. Illinois Municipal Retirement Fund now owns 36,567 shares of the company’s stock valued at $529,000 after buying an additional 1,241 shares during the period. Hedge funds and other institutional investors own 87.50% of the company’s stock.

MillerKnoll Price Performance

MLKN stock opened at $24.49 on Monday. The business has a 50 day moving average price of $19.48 and a 200 day moving average price of $18.54. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 1.01 and a beta of 1.35. MillerKnoll, Inc. has a fifty-two week low of $13.77 and a fifty-two week high of $24.71. The company has a quick ratio of 0.90, a current ratio of 1.58 and a debt-to-equity ratio of 0.94.

MillerKnoll (NASDAQ:MLKN – Get Free Report) last announced its quarterly earnings results on Wednesday, June 24th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $973.87 million. MillerKnoll had a return on equity of 9.77% and a net margin of 2.38%.The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. Equities research analysts anticipate that MillerKnoll, Inc. will post 2.02 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Saturday, August 29th will be issued a $0.1875 dividend. The ex-dividend date is Friday, August 28th. This represents a $0.75 annualized dividend and a dividend yield of 3.1%. MillerKnoll’s dividend payout ratio is presently 56.82%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on MLKN shares. Weiss Ratings upgraded MillerKnoll from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Wall Street Zen cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Sunday, July 26th. Finally, Zacks Research raised shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Stock Report on MillerKnoll

MillerKnoll 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.

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Institutional Ownership by Quarter for MillerKnoll (NASDAQ:MLKN)

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