Hsbc Holdings PLC Decreases Stock Holdings in MillerKnoll, Inc. $MLKN

Posted by Brenda Bartman on Aug 1st, 2026

Hsbc Holdings PLC lowered its stake in MillerKnoll, Inc. (NASDAQ:MLKN – Free Report) by 59.8% during the first quarter, Holdings Channel.com reports. The fund owned 32,351 shares of the company’s stock after selling 48,208 shares during the quarter. Hsbc Holdings PLC’s holdings in MillerKnoll were worth $467,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its position in MillerKnoll by 36.5% during the second quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock worth $38,000 after acquiring an additional 519 shares during the period. ProShare Advisors LLC lifted its holdings in MillerKnoll by 4.4% during the fourth quarter. ProShare Advisors LLC now owns 13,308 shares of the company’s stock valued at $243,000 after purchasing an additional 558 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in shares of MillerKnoll by 9.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 7,676 shares of the company’s stock valued at $140,000 after purchasing an additional 690 shares during the period. State of Alaska Department of Revenue grew its position in shares of MillerKnoll by 2.0% in the fourth quarter. State of Alaska Department of Revenue now owns 38,972 shares of the company’s stock valued at $711,000 after purchasing an additional 767 shares during the period. Finally, Rexford Capital Inc. increased its stake in shares of MillerKnoll by 17.0% during the fourth quarter. Rexford Capital Inc. now owns 5,500 shares of the company’s stock worth $101,000 after purchasing an additional 800 shares in the last quarter. Hedge funds and other institutional investors own 87.50% of the company’s stock.

Wall Street Analyst Weigh In

MLKN has been the subject of several research analyst reports. Zacks Research upgraded shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. Weiss Ratings upgraded MillerKnoll from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Finally, Wall Street Zen lowered MillerKnoll from a “buy” rating to a “hold” rating in a research note on Sunday, July 26th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, MillerKnoll currently has a consensus rating of “Hold”.

Get Our Latest Research Report on MillerKnoll

MillerKnoll Trading Up 0.2%

Shares of MLKN stock opened at $22.52 on Friday. The stock’s fifty day moving average is $18.67 and its two-hundred day moving average is $18.38. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.90 and a current ratio of 1.58. The firm has a market capitalization of $1.53 billion, a P/E ratio of 17.06, a PEG ratio of 0.93 and a beta of 1.36. MillerKnoll, Inc. has a fifty-two week low of $13.77 and a fifty-two week high of $23.77.

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

MillerKnoll Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Saturday, August 29th will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, August 28th. MillerKnoll’s dividend payout ratio (DPR) is currently 56.82%.

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.