Company profile

Ticker
HNI
Exchange
Website
CEO
Jeffrey D. Lorenger
Employees
Incorporated in
Location
Fiscal year end
Former names
Hon Industries Inc
SEC CIK
IRS number
420617510

HNI stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

25 Feb 20
7 Apr 20
28 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 616.08M 625.39M 526.03M 479.46M
Net income 47.6M 46.08M 15.81M 1.02M
Diluted EPS 1.1 1.07 0.36 0.02
Net profit margin 7.73% 7.37% 3.01% 0.21%
Operating income 63.76M 60.66M 23.25M 3.68M
Net change in cash -940K 24.23M
Cash on hand 52.07M 53.01M 28.78M
Cost of revenue 382.19M 387.72M 333.44M 309.84M

Financial data from HNI earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
3 Mar 20 Larry B Porcellato Common Stock Sell Dispose S 33.34 1,000 33.34K 45,902.496
24 Feb 20 Donna D Meade Common Stock Grant Aquire A 0 483 0 9,790.61
24 Feb 20 Kristin L Yates Common Stock Grant Aquire A 0 118 0 9,197.314
24 Feb 20 Vincent P Berger Common Stock Grant Aquire A 0 1,866 0 18,497.34
24 Feb 20 Steven M Bradford Common Stock Grant Aquire A 0 943 0 34,367.972
13F holders
Current Prev Q Change
Total holders 185 178 +3.9%
Opened positions 29 21 +38.1%
Closed positions 22 29 -24.1%
Increased positions 58 51 +13.7%
Reduced positions 62 72 -13.9%
13F shares
Current Prev Q Change
Total value 3.67B 3.22B +13.9%
Total shares 30.84M 30.1M +2.5%
Total puts 0 8.1K -100.0%
Total calls 0 13.8K -100.0%
Total put/call ratio 0.6
Largest owners
Shares Value Change
State Farm Mutual Automobile Insurance 5.63M $210.86M 0.0%
BLK BlackRock 5.03M $188.6M +0.4%
Vanguard 4.21M $157.62M +0.0%
STT State Street 1.39M $52.06M -0.4%
Dimensional Fund Advisors 1.27M $47.58M -2.0%
Frontier Capital Management 898.24K $33.65M -0.3%
NTRS Northern Trust 722.49K $27.07M -2.5%
BK Bank Of New York Mellon 714.93K $26.78M -10.7%
Norges Bank 695.45K $26.05M NEW
Geode Capital Management 575.08K $21.54M +3.1%
Largest transactions
Shares Bought/sold Change
Norges Bank 695.45K +695.45K NEW
Royce & Associates 1.58K -315.6K -99.5%
Millennium Management 100.55K -234.78K -70.0%
GS Goldman Sachs 525.07K +215.77K +69.8%
JPM JPMorgan Chase & Co. 433.54K +202.77K +87.9%
Renaissance Technologies 149.5K +122.4K +451.7%
Acadian Asset Management 114.02K +102.89K +925.1%
NWQ Investment Management 347.26K -97.83K -22.0%
BK Bank Of New York Mellon 714.93K -85.85K -10.7%
BAC Bank of America 189.79K -85.18K -31.0%

Financial report summary

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Competition
Kimball InternationalHerman MillerKnollRegencySteelcaseRCI
Management Discussion
  • Consolidated net sales for 2019 decreased 0.5 percent or $10.9 million compared to the prior year.  The change was driven by a decrease in both the office furniture and hearth products segments. The decrease in office furniture was driven by lower sales in the office furniture supplies-driven business, partially offset by a small increase in the office furniture contract business. Included in the sales results for the office furniture contract business was a $23.1 million negative impact from closing and divesting small office furniture companies. The hearth products segment saw decreases in both the new construction and retail businesses.
  • Consolidated net sales for 2018 increased 3.8 percent or $82.0 million compared to 2017.  The change was driven by an increase in both the office furniture and hearth products segments. Office furniture segment sales increased in both the supplies-driven and contract businesses which were partially offset by a $57.6 million negative net impact of closing and divesting small office furniture companies. The hearth products segment saw increases in both the new construction and retail businesses.
  • Gross profit as a percentage of net sales increased 10 basis points in 2019 compared to 2018 primarily driven by price realization and net productivity, offset by lower volume and higher input costs.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman V bad
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