HNI (HNI)
Makes office furniture and residential hearth products through a multi-brand portfolio.
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Sells workplace furnishings and residential building products through dealer, distributor, direct, government, and retail channels. Workplace furnishings is the larger segment, expanded by Kimball and Steelcase, while hearth products depend on residential construction and remodeling demand.
Operates two segments: Workplace Furnishings and Residential Building Products. Workplace lines include furniture systems, seating, benching, tables, storage, architectural products, hospitality items, and social-collaborative products under brands including HON, Allsteel, Kimball, and Steelcase.
Hearth & Home Technologies makes gas, wood, electric, and pellet fireplaces, inserts, stoves, outdoor fire products, and accessories under brands such as Heatilator, Heat & Glo, Majestic, Vermont Castings, and Fireside Hearth & Home.
Sales are concentrated in North America, with workplace channels spanning independent dealers, company-owned dealers, distributors, direct end users, and government customers. Execution rests on a member culture, lean manufacturing, and integration of Kimball and Steelcase; demand is tied to office furniture cycles, residential construction, remodeling, tariffs, and supplier costs.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 15, 2026 | Wells Fargo | Target | Target: — | Target: $65 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 4, 2026Cash & short-term investments $108.2M · Total debt $1.68B · Total assets $4.82B · Shareholders' equity $1.81B
- Revenue
- $1.47B
- Operating income
- $114.2M
- Net income
- $51.1M
HistoryDividendAnnual yield
| Institutions | 89.21% | 64.39M shares | |
|---|---|---|---|
| 279 holders · as of Jun 30, 2026 | |||
| Insiders | 1.72% | 1.24M shares | |
| 23 holders · as of Sep 16, 2026 | |||
| Other | 9.07% | 6.55M shares | |
| remainder | |||
72.18M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.80% | 10.68M | as of Jun 30, 2026 |
FMR LLCInstitution | 14.73% | 10.63M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.62% | 4.78M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.46% | 3.22M | as of Jun 30, 2026 |
State Farm Mutual Automobile Insurance CoInstitution | 4.05% | 2.92M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 28, 2026 | Jeffrey D. Lorenger | director, officer: President & CEO | −1,504 | $50.00 |
| Aug 27, 2026 | Jeffrey D. Lorenger | director, officer: President & CEO | −39,576 | $50.09 |
| Aug 26, 2026 | Jeffrey D. Lorenger | director, officer: President & CEO | −7,508 | $50.06 |
| Aug 24, 2026 | Jeffrey D. Lorenger | director, officer: President & CEO | −700 | $50.01 |
| Aug 3, 2026 | Jeffrey D. Lorenger | director, officer: President & CEO | −45,850 | $47.55 |
- MillerKnoll
Largest public contract-furniture rival across North America and global channels
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| HNI | $46.66 | −2.36% | $3.45B | 531.0 | 10.6 | 0.8 | +120.7% |
| MillerKnoll | $19.73 | −2.76% | $1.38B | 14.4 | 9.5 | 0.4 | −3.4% |
| Median | 14.4 | 9.5 | 0.4 | −3.4% |