Company profile

Ticker
HNI
Exchange
Website
CEO
Jeffrey D. Lorenger
Employees
Incorporated
Location
Fiscal year end
Former names
HON INDUSTRIES INC
SEC CIK
IRS number
420617510

HNI stock data

(
)

Calendar

28 Jul 20
25 Oct 20
2 Jan 21

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from HNI earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
2 Oct 20 Steven M Bradford Common Stock Sell Dispose S Yes 34 7,812 265.61K 34,367.972
2 Oct 20 Steven M Bradford Common Stock Option exercise Aquire M No 31.98 7,812 249.83K 42,179.972
2 Oct 20 Steven M Bradford Non-qualifying employee stock option Common Stock Option exercise Dispose M No 31.98 7,812 249.83K 0
18 Sep 20 Steven M Bradford Common Stock Sell Dispose S Yes 34.4 100 3.44K 34,367.972
18 Sep 20 Steven M Bradford Common Stock Sell Dispose S Yes 34.388 100 3.44K 34,467.972
18 Sep 20 Steven M Bradford Common Stock Sell Dispose S Yes 34.305 100 3.43K 34,567.972
18 Sep 20 Steven M Bradford Common Stock Sell Dispose S Yes 34.295 100 3.43K 34,667.972
18 Sep 20 Steven M Bradford Common Stock Sell Dispose S Yes 34.28 100 3.43K 34,767.972
18 Sep 20 Steven M Bradford Common Stock Sell Dispose S Yes 34.275 100 3.43K 34,867.972
18 Sep 20 Steven M Bradford Common Stock Sell Dispose S Yes 34.25 100 3.43K 34,967.972
73.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 170 174 -2.3%
Opened positions 27 27
Closed positions 31 38 -18.4%
Increased positions 53 66 -19.7%
Reduced positions 63 51 +23.5%
13F shares
Current Prev Q Change
Total value 2.22B 2.85B -22.2%
Total shares 31.33M 30.26M +3.5%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
State Farm Mutual Automobile Insurance 5.63M $172.07M 0.0%
BLK BlackRock 4.84M $147.82M -1.1%
Vanguard 4.06M $124.16M -5.0%
STT State Street 1.36M $41.61M -1.5%
Dimensional Fund Advisors 1.25M $38.31M -0.5%
FMR 1.1M $33.56M +453512.8%
Charles Schwab Investment Management 854.49K $26.12M +56.9%
BK Bank of New York Mellon 740.85K $22.65M +4.4%
NTRS Northern Trust 717.31K $21.93M -1.5%
Frontier Capital Management 692.03K $21.16M -8.0%
Largest transactions
Shares Bought/sold Change
FMR 1.1M +1.1M +453512.8%
Deprince Race & Zollo 449.4K +449.4K NEW
Charles Schwab Investment Management 854.49K +309.79K +56.9%
ProShare Advisors 254.58K +254.58K NEW
Vanguard 4.06M -211.71K -5.0%
Channing Capital Management 174.79K +174.79K NEW
Ajo 61.08K -167.14K -73.2%
Merriman Wealth Management 0 -150.1K EXIT
Citadel Advisors 120.37K -137.97K -53.4%
Russell Investments 273.77K +137.14K +100.4%

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 Bad
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Removed: cancelable, comparable, discount, identified, likelihood, subsequently, type, utilizing