HNI (NYSE:HNI) Upgraded at Wall Street Zen

Posted by Brian Himes on Sep 15th, 2026

Wall Street Zen upgraded shares of HNI (NYSE:HNI – Free Report) from a hold rating to a buy rating in a report released on Saturday morning,Wall Street Zen reports.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company set a $65.00 target price on shares of HNI in a research report on Wednesday, July 15th. Benchmark restated a “buy” rating on shares of HNI in a research report on Wednesday, July 15th. Finally, Weiss Ratings upgraded shares of HNI from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $65.00.

Get Our Latest Stock Analysis on HNI

HNI Price Performance

Shares of HNI stock opened at $46.71 on Friday. HNI has a 52 week low of $28.93 and a 52 week high of $52.79. The stock has a market capitalization of $3.37 billion, a PE ratio of 519.06, a PEG ratio of 0.55 and a beta of 0.92. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.88 and a current ratio of 1.36. The stock’s fifty day moving average is $45.82 and its 200-day moving average is $39.25.

HNI (NYSE:HNI – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The business services provider reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.23. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.48 billion. HNI had a return on equity of 13.66% and a net margin of 0.10%.The firm’s revenue for the quarter was up 120.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.11 earnings per share. HNI has set its FY 2026 guidance at 4.150-4.330 EPS and its Q3 2026 guidance at 1.160-1.190 EPS. Equities research analysts expect that HNI will post 4.24 EPS for the current fiscal year.

HNI Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 28th were given a dividend of $0.35 per share. The ex-dividend date was Friday, August 28th. This represents a $1.40 annualized dividend and a dividend yield of 3.0%. HNI’s payout ratio is currently 1,555.56%.

Insider Buying and Selling at HNI

In other HNI news, CEO Jeffrey Lorenger sold 1,504 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were 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 of the company’s stock, valued at approximately $7,424,500. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 95,138 shares of company stock worth $4,648,587 over the last ninety days. Insiders own 2.15% of the company’s stock.

Institutional Trading of HNI

Several institutional investors and hedge funds have recently made changes to their positions in HNI. BlackRock Inc. acquired a new stake in shares of HNI during the second quarter worth $431,744,000. California State Teachers Retirement System lifted its stake in HNI by 3,828.7% in the second quarter. California State Teachers Retirement System now owns 3,135,008 shares of the business services provider’s stock valued at $126,686,000 after buying an additional 3,055,211 shares during the period. Bank of New York Mellon Corp acquired a new position in HNI in the second quarter valued at about $37,988,000. Cooke & Bieler LP boosted its holdings in HNI by 23.0% during the fourth quarter. Cooke & Bieler LP now owns 754,493 shares of the business services provider’s stock worth $31,719,000 after buying an additional 140,971 shares during the last quarter. Finally, Front Street Capital Management Inc. bought a new position in HNI during the second quarter worth about $23,462,000. Institutional investors own 75.26% of the company’s stock.

HNI Company Profile

(Get Free Report)

HNI Corporation (NYSE:HNI) is a workplace furnishings and building products company headquartered in Muscatine, Iowa. Through its office furniture businesses, the company designs and manufactures products for commercial workplaces, government facilities, education, healthcare and other institutional environments.

HNI’s office furnishings portfolio includes desks, tables, seating, storage, workplace accessories and related solutions. Its brands have included HON, Allsteel, Gunlocke, HBF and OFM, serving organizations through dealers, distributors, direct sales and other channels.