Stock events for HNI Corp. (HNI)
HNI Corp.'s stock price experienced fluctuations, including a decline of 14.95% between January and December 2025. Key events include the acquisition of Steelcase Inc., expected to enhance earnings growth, and positive Q3 2025 earnings with increased revenues in the Workplace Furnishings segment. Plant consolidation efforts were announced to improve operational efficiency. The company anticipated revenue growth and EPS growth for Q4 2024 and fiscal year 2025, respectively.
Demand Seasonality affecting HNI Corp.’s stock price
Demand seasonality for HNI Corp. is influenced by trends in commercial and residential markets. The Workplace Furnishings segment benefits from office conversions and rising office absorption. The Residential Building Products segment is affected by housing market conditions, with remodel growth partially offsetting housing softness. Historically, a seasonal chart analysis suggests a period of strength between May and July.
Overview of HNI Corp.’s business
HNI Corp. manufactures workplace furnishings and residential building products in the United States and Canada. It operates in two segments: Workplace Furnishings, offering furniture systems, seating, and storage under brands like HON and Allsteel, and Residential Building Products, specializing in hearth products under brands like Heatilator and Majestic.
HNI’s Geographic footprint
HNI Corp. is headquartered in Muscatine, Iowa, and has a business presence in the United States, Canada, Mexico, Singapore, India, and China.
HNI Corporate Image Assessment
HNI Corp. has a strong brand reputation, particularly in corporate social responsibility. It has been recognized by Newsweek as one of America's Most Responsible Companies for six consecutive years, highlighting its commitment to environmental sustainability, social responsibility, and corporate governance.
Ownership
Institutional investors hold a significant portion of HNI Corp.'s stock, ranging from 53.28% to 92.80%. BlackRock, Inc. is the largest shareholder with approximately 14.49%, followed by Vanguard Group Inc. with about 11.99%. The general public holds between 18% and 45.22% of the stock, while insiders own approximately 1.51%.
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$45.32
