Pzena Investment Management LLC Makes New $62.05 Million Investment in MillerKnoll, Inc. $MLKN

Posted by Brenda Bartman on Aug 18th, 2026

Pzena Investment Management LLC purchased a new position in shares of MillerKnoll, Inc. (NASDAQ:MLKN – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,032,700 shares of the company’s stock, valued at approximately $62,049,000.

A number of other institutional investors have also recently made changes to their positions in the business. Osaic Holdings Inc. grew its stake in MillerKnoll by 36.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock worth $38,000 after buying an additional 519 shares during the last quarter. ProShare Advisors LLC increased its position in MillerKnoll by 4.4% during the 4th quarter. ProShare Advisors LLC now owns 13,308 shares of the company’s stock valued at $243,000 after buying an additional 558 shares in the last quarter. State of Alaska Department of Revenue raised its stake in 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 buying an additional 767 shares during the last quarter. Versant Capital Management Inc raised its stake in MillerKnoll by 166.5% in the second quarter. Versant Capital Management Inc now owns 1,250 shares of the company’s stock valued at $26,000 after buying an additional 781 shares during the last quarter. Finally, Rexford Capital Inc. raised its stake in MillerKnoll by 17.0% in the fourth quarter. Rexford Capital Inc. now owns 5,500 shares of the company’s stock valued at $101,000 after buying an additional 800 shares during the last quarter. Institutional investors and hedge funds own 87.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on MLKN shares. Wall Street Zen lowered MillerKnoll from a “buy” rating to a “hold” rating in a research note on Sunday, July 26th. Weiss Ratings raised shares of MillerKnoll from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. Finally, Zacks Research upgraded shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, MillerKnoll currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on MLKN

MillerKnoll Price Performance

NASDAQ MLKN opened at $23.34 on Tuesday. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 0.98 and a beta of 1.35. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.58 and a quick ratio of 0.90. The stock’s fifty day moving average price is $20.55 and its 200 day moving average price is $18.72. MillerKnoll, Inc. has a 1 year low of $13.77 and a 1 year high of $24.71.

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

MillerKnoll Dividend Announcement

The company also recently disclosed 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 3.2%. The ex-dividend date is Friday, August 28th. MillerKnoll’s dividend payout ratio (DPR) is presently 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.