51,667 Shares in Hooker Furnishings Corp. $HOFT Bought by Fifth Third Wealth Advisors LLC

Posted by Geri Gentry on Jun 28th, 2026

Fifth Third Wealth Advisors LLC bought a new stake in Hooker Furnishings Corp. (NASDAQ:HOFT – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 51,667 shares of the company’s stock, valued at approximately $665,000.

A number of other large investors have also added to or reduced their stakes in HOFT. Ameriprise Financial Inc. bought a new stake in Hooker Furnishings during the second quarter worth about $3,619,000. Gate City Capital Management LLC bought a new position in shares of Hooker Furnishings during the 4th quarter valued at about $2,472,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Hooker Furnishings by 35.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 366,761 shares of the company’s stock valued at $4,141,000 after buying an additional 95,127 shares in the last quarter. Donald Smith & CO. Inc. raised its holdings in shares of Hooker Furnishings by 7.1% during the 4th quarter. Donald Smith & CO. Inc. now owns 1,066,754 shares of the company’s stock valued at $12,044,000 after buying an additional 70,681 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new stake in Hooker Furnishings in the 2nd quarter worth approximately $635,000. Hedge funds and other institutional investors own 73.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings lowered Hooker Furnishings from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. Zacks Research raised shares of Hooker Furnishings from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. Finally, Wall Street Zen upgraded shares of Hooker Furnishings from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Get Our Latest Report on HOFT

Hooker Furnishings Trading Down 0.3%

Shares of NASDAQ:HOFT opened at $17.10 on Friday. The stock has a market capitalization of $183.65 million, a P/E ratio of -7.95, a price-to-earnings-growth ratio of 1.57 and a beta of 1.19. The stock’s 50-day moving average price is $13.53 and its 200-day moving average price is $13.07. Hooker Furnishings Corp. has a 12-month low of $8.61 and a 12-month high of $17.65.

Hooker Furnishings (NASDAQ:HOFT – Get Free Report) last released its earnings results on Thursday, June 11th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.17. The company had revenue of $69.45 million during the quarter, compared to analyst estimates of $66.31 million. Hooker Furnishings had a positive return on equity of 1.61% and a negative net margin of 7.90%. As a group, research analysts predict that Hooker Furnishings Corp. will post 0.78 EPS for the current year.

Hooker Furnishings Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 19th will be paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, June 18th. Hooker Furnishings’s payout ratio is -21.40%.

Hooker Furnishings Company Profile

(Free Report)

Hooker Furnishings, formerly known as Hooker Furniture Corporation, is a designer, marketer and distributor of high-quality home furnishings. Headquartered in Martinsville, Virginia, the company offers a broad range of wood and upholstered furniture products across bedroom, dining, home office and accent categories. Its portfolio includes solid wood and engineered wood case goods, upholstered seating, accent tables and decorative accessories, reflecting styles that range from traditional to contemporary.

The company’s operations are organized into three reportable segments: Domestic Wholesale, Retail and Logistics, and International.