11,682 Shares in HNI Corporation $HNI Purchased by Vise Technologies Inc.

Posted by Francis Steltz on Nov 12th, 2026

Vise Technologies Inc. purchased a new stake in shares of HNI Corporation (NYSE:HNI – Free Report) in the third quarter, HoldingsChannel.com reports. The firm purchased 11,682 shares of the business services provider’s stock, valued at approximately $529,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in HNI in the second quarter valued at about $431,744,000. Bank of New York Mellon Corp bought a new position in shares of HNI during the second quarter worth about $37,988,000. Front Street Capital Management Inc. acquired a new position in HNI in the second quarter worth about $23,462,000. Pillsbury Lake Capital LLC acquired a new stake in HNI during the second quarter valued at approximately $16,681,571. Finally, Bank of America Corp DE bought a new position in HNI during the 2nd quarter worth approximately $15,724,000. Institutional investors and hedge funds own 75.26% of the company’s stock.

HNI Price Performance

Shares of NYSE:HNI opened at $49.01 on Thursday. The stock’s 50 day moving average price is $47.33 and its 200 day moving average price is $42.06. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.33 and a quick ratio of 0.88. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 12.14, a PEG ratio of 0.76 and a beta of 0.94. HNI Corporation has a 12 month low of $28.93 and a 12 month high of $52.79.

HNI (NYSE:HNI – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The business services provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.23. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.60 billion. HNI had a return on equity of 15.39% and a net margin of 1.00%. The company’s revenue was up 132.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.88 earnings per share. Equities research analysts anticipate that HNI Corporation will post 4.35 earnings per share for the current fiscal year.

HNI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 23rd will be issued a $0.35 dividend. The ex-dividend date of this dividend is Monday, November 23rd. This represents a $1.40 annualized dividend and a dividend yield of 2.9%. HNI’s dividend payout ratio is currently 318.18%.

Insider Activity at HNI

In related news, CEO Jeffrey Lorenger sold 1,504 shares of HNI stock in a transaction on Friday, August 28th. The stock was sold at an average price of $50.00, for a total value of $75,200.00. Following the transaction, the chief executive officer directly owned 148,490 shares in the company, valued at $7,424,500. The trade was a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 49,288 shares of company stock worth $2,468,419. 2.15% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

HNI has been the topic of several research analyst reports. Benchmark restated a “buy” rating on shares of HNI in a research note on Wednesday, July 15th. Wells Fargo & Company set a $65.00 price objective on shares of HNI in a research note on Wednesday, July 15th. Weiss Ratings upgraded HNI from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, November 4th. Finally, Wall Street Zen raised HNI from a “hold” rating to a “buy” rating in a report on Saturday, September 12th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

View Our Latest Research Report on HNI

HNI Profile

(Free Report)

HNI Corporation is a workplace furnishings and residential building products company. Its workplace furnishings business designs and manufactures office furniture and related products for businesses, government organizations, educational institutions and other customers. Its portfolio includes brands such as HON, Allsteel and Gunlocke, with products ranging from office seating and desks to workstations and storage. HNI also makes fireplaces, stoves and related hearth products through brands including Heat & Glo, Heatilator, Majestic, Harman and Quadra-Fire.