HNI HNI
HNI is a leading global provider and designer of office furniture and the nation's leading manufacturer and marketer of hearth products. HNI sells the broadest and deepest selection of quality office furniture solutions available to meet the needs of every customer through an extensive portfolio of well-known and trusted brands. Its hearth products are the strongest, most respected brands in the industry and include a full array of gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories.
Company profile
Ticker
HNI
Exchange
Website
CEO
Jeffrey Lorenger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Steelcase ...
Former names
HON INDUSTRIES INC
SEC CIK
Corporate docs
IRS number
420617510
HNI stock data
()
News
Stocks That Hit 52-Week Highs On Monday
15 Mar 21
Stocks That Hit 52-Week Highs On Friday
12 Mar 21
Sidoti & Co. Upgrades HNI to Buy, Announces $48 Price Target
8 Mar 21
HNI Corp. Reports Partnership With Marxent For Release Of Several New 3D Commerce Apps
3 Mar 21
What Does HNI's Debt Look Like?
2 Mar 21
Press releases
HNI Corporation First Quarter Fiscal 2021 Results Conference Call
8 Apr 21
HNI Partners with Marxent for 3D Product Configurator and 3D Home Office Planner Apps
3 Mar 21
HNI Corp. to Host Earnings Call
1 Mar 21
HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2020
1 Mar 21
HNI Corporation Announces Quarterly Dividend
16 Feb 21
Calendar
2 Mar 21
18 Apr 21
2 Jan 22
Financial summary
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Jan 21 | Sep 20 | Jun 20 | Mar 20 | |
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Jan 21 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from HNI earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mar 21 | Steven M Bradford | Common Stock | Grant | Aquire A | No | No | 0 | 1,262 | 0 | 54,771.896 |
| 1 Mar 21 | Kurt A Tjaden | Common Stock | Grant | Aquire A | No | No | 0 | 1,407 | 0 | 74,944.97 |
| 1 Mar 21 | Vincent P Berger | Common Stock | Grant | Aquire A | No | No | 0 | 1,461 | 0 | 56,863.892 |
| 1 Mar 21 | Marshall H Bridges | Common Stock | Grant | Aquire A | No | No | 0 | 1,494 | 0 | 66,074.699 |
| 1 Mar 21 | Bishop Brandon Bullock III | Common Stock | Grant | Aquire A | No | No | 0 | 594 | 0 | 18,099 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
74.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 177 |
| Opened positions | 31 |
| Closed positions | 11 |
| Increased positions | 58 |
| Reduced positions | 58 |
13F shares |
Current |
|---|---|
| Total value | 1.1B |
| Total shares | 31.86M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| State Farm Mutual Automobile Insurance | 5.63M | $193.97M |
| BLK Blackrock | 4.78M | $164.82M |
| Vanguard | 3.95M | $136.03M |
| FMR | 1.67M | $57.39M |
| STT State Street | 1.34M | $46.26M |
| Dimensional Fund Advisors | 1.23M | $42.36M |
| Charles Schwab Investment Management | 925.25K | $31.88M |
| BK Bank Of New York Mellon | 780.18K | $26.88M |
| Frontier Capital Management | 705.47K | $24.31M |
| NTRS Northern Trust | 680.08K | $23.44M |
Financial report summary
?Management Discussion
- Consolidated net sales for 2020 decreased 13.0 percent compared to the prior year. The change was driven by a decrease in the workplace furnishings segment, partially offset by an increase in the residential building products segment. Included in the 2020 sales results was a $9.4 million favorable impact from acquiring residential building products distributors.
- Gross profit as a percentage of net sales decreased 20 basis points in 2020 compared to 2019, primarily driven by lower workplace furnishings volume, partially offset by net productivity and higher residential building products volume.
- Selling and administrative expenses as a percentage of net sales increased 150 basis points in 2020 compared to 2019, primarily driven by $6.8 million of one-time costs incurred as a result of the COVID-19 pandemic (of which $1.6 million was recorded as a corporate charge) and lower workplace furnishings volume, partially offset by lower core SG&A and freight and distribution productivity.
Content analysis
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H.S. freshman V bad
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New words:
aggressive, alter, architect, attendance, attorney, body, breadth, broadening, carbon, cessation, cleaning, commentary, compact, comparison, complicated, confusion, consummated, deep, deeply, digital, digitally, disinfection, distancing, distinct, divert, Dongguan, DPG, earned, effortlessly, elevated, embrace, emission, Excellence, facet, FCA, floor, forfeiture, fostering, foundation, friendly, greenhouse, half, healthy, heritage, inconsistent, Intentionally, joined, journey, Lake, landfill, link, metric, mindset, native, navigate, online, onset, payroll, people, platform, propane, quickly, rapidly, reach, rebranded, referenced, remote, rental, retention, robust, scale, showed, shutdown, signatory, slower, SMB, spread, talent, talented, timeframe, travel, USD, Wayland, worker, Wuhan
Removed:
adjacent, analyzed, artcobell, assert, attain, Brian, Bulletin, buy, cellular, closed, closure, Colville, complementary, connection, constant, consumption, continually, continuously, correlative, decision, deepening, delivering, detailed, divest, documenting, downsizing, dual, enacted, enhanced, existed, extract, extracting, filing, filled, final, financially, gained, generated, GILTI, Holding, identifying, Indiana, initiative, intermediate, Kentucky, KI, knowledgeable, legacy, mandatory, Maxon, modernizing, move, nonrecurring, notational, occasionally, OFM, Paoli, pretax, publicly, realization, recovered, reinvestment, released, remeasurement, repatriation, request, resource, SAB, science, shift, shipped, Stern, streamlining, sustainability, systematically, tangible, taxation, terminal, territorial, transformation, treat, treatment, trend, unaudited, unremitted, vertical, Washington
Financial reports
10-K
2020 FY
Annual report
2 Mar 21
10-Q
2020 Q3
Quarterly report
27 Oct 20
10-Q
2020 Q2
Quarterly report
28 Jul 20
10-Q
2020 Q1
Quarterly report
28 Apr 20
10-K
2019 FY
Annual report
25 Feb 20
10-Q
2019 Q3
Quarterly report
29 Oct 19
10-Q
2019 Q2
Quarterly report
30 Jul 19
10-Q
2019 Q1
Quarterly report
30 Apr 19
10-K
2018 FY
Annual report
26 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
Current reports
8-K
Hni Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2020
1 Mar 21
8-K
Announces Closing on Acquisition of
4 Jan 21
8-K
Announces Agreement to Acquire
1 Dec 20
8-K
Hni Corporation Reports Earnings
19 Oct 20
8-K
Hni Corporation Reports Earnings
22 Jul 20
8-K
Hni Corporation Provides Update on Q2 Order Trends, Announces Participation In Virtual Investor Events
3 Jun 20
8-K
Submission of Matters to a Vote of Security Holders
7 May 20
8-K
Hni Corporation Provides Pandemic Response Update; Reports Strong First Quarter 2020 Results
22 Apr 20
8-K
Other Events
6 Apr 20
8-K
Hni Corporation Reports Strong Profitability for Fourth Quarter Fiscal Year 2019
19 Feb 20
Registration and prospectus
S-8
Registration of securities for employees
8 May 17
S-8
Registration of securities for employees
24 Aug 15
S-8
Registration of securities for employees
14 Aug 13
S-8
Registration of securities for employees
10 Aug 10
S-8
Registration of securities for employees
10 Aug 10
S-8
Registration of securities for employees
10 Aug 10
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Aug 10
15-12G
Securities registration termination
30 Nov 09
25-NSE
Exchange delisting
30 Nov 09
S-8
Registration of securities for employees
11 Jun 09
Proxies
DEFA14A
Additional proxy soliciting materials
12 Apr 21
DEF 14A
Definitive proxy
12 Apr 21
DEFA14A
Additional proxy soliciting materials
17 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Mar 20
DEF 14A
Definitive proxy
26 Mar 20
DEF 14A
Definitive proxy
21 Mar 19
DEFA14A
Additional proxy soliciting materials
21 Mar 19
DEFA14A
Additional proxy soliciting materials
19 Apr 18
DEF 14A
Definitive proxy
22 Mar 18
DEFA14A
Additional proxy soliciting materials
30 Mar 17
Other
SD
Conflict minerals disclosure
1 Jun 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
31 May 15
SD
Conflict minerals disclosure
1 Jun 14
UPLOAD
Letter from SEC
5 Apr 12
CORRESP
Correspondence with SEC
28 Mar 12
UPLOAD
Letter from SEC
21 Mar 12
Ownership
SC 13G/A
HNI / VANGUARD ownership change
10 Mar 21
SC 13G/A
HNI / BlackRock ownership change
9 Mar 21
4
HNI / Jeffrey D Lorenger ownership change
3 Mar 21
4
HNI / Jason Dean Hagedorn ownership change
3 Mar 21
4
HNI / Marshall H Bridges ownership change
3 Mar 21
4
HNI / Bishop Brandon Bullock III ownership change
3 Mar 21
4
HNI / Donna D Meade ownership change
3 Mar 21
4
HNI / Steven M Bradford ownership change
3 Mar 21
4
HNI / Kurt A Tjaden ownership change
3 Mar 21
4
HNI / Vincent P Berger ownership change
3 Mar 21
Patents
GRANT
Utility
Modular wall system
23 Feb 21
A wall panel of a moveable and demountable frameless wall panel system that is secured between a floor of a room and a ceiling rail secured to a ceiling of the room.
GRANT
Design
Seating furniture
2 Feb 21
Inventors: Funi Ding, Matthew Hern, Yorgo Lykouria
GRANT
Utility
Chair with activated back flex
19 Jan 21
A chair back that includes a back support, an upright frame, and at least one flex wing.
GRANT
Design
Filing pedestal
4 Jan 21
Inventors: Mitchell R. Bakker
GRANT
Design
Drawer
28 Dec 20
Inventors: Mitchell R. Bakker
Transcripts
2020 Q4
Earnings call transcript
1 Mar 21
2020 Q3
Earnings call transcript
19 Oct 20
2020 Q3
Earnings call transcript
19 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
23 Apr 20
2019 Q4
Earnings call transcript
21 Feb 20
2019 Q3
Earnings call transcript
24 Oct 19
2019 Q2
Earnings call transcript
25 Jul 19
2019 Q1
Earnings call transcript
22 Apr 19
2018 Q4
Earnings call transcript
26 Feb 19
Reddit threads
Daily Discussion Thread - March 1st, 2021
1 Mar 21
Daily Discussion Thread - February 26th, 2021
26 Feb 21
Daily Discussion Thread - February 25th, 2021
25 Feb 21
Daily Discussion Thread - February 24th, 2021
24 Feb 21
Daily Discussion Thread - February 17th, 2021
17 Feb 21
Daily Discussion Thread - February 16th, 2021
16 Feb 21
Daily Discussion Thread - February 15th, 2021
15 Feb 21
Here's a list of Brokers you should know to avoid if at all possible
28 Jan 21
Daily Discussion Thread - November 13th, 2020
13 Nov 20
Daily Discussion Thread - November 12th, 2020
12 Nov 20