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

(
)

Calendar

28 Apr 20
4 Jul 20
2 Jan 21

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 468.7M 616.08M 625.39M 526.03M
Net income -23.9M 47.6M 46.08M 15.81M
Diluted EPS -0.56 1.1 1.07 0.36
Net profit margin -5.10% 7.73% 7.37% 3.01%
Operating income -23.73M 63.76M 60.66M 23.25M
Net change in cash -16.66M -940K 24.23M -19.09M
Cash on hand 35.41M 52.07M 53.01M 28.78M
Cost of revenue 292.69M 382.19M 387.72M 333.44M

Financial data from HNI earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
3 Jun 20 Larry B Porcellato Common Stock Sell Dispose S Yes 26.34 1,000 26.34K 48,758.961
5 May 20 Sivajee Dhanusha Common Stock Grant Aquire A No 0 3,608 0 7,570
5 May 20 Sivajee Dhanusha Common Stock Grant Aquire A No 0 287 0 3,962
5 May 20 Ronald V Waters Common Stock Grant Aquire A No 0 3,608 0 34,851.068
5 May 20 Larry B Porcellato Common Stock Grant Aquire A No 0 3,608 0 49,510.496
5 May 20 Hartnett John R. Common Stock Grant Aquire A No 0 3,608 0 19,625.944
5 May 20 Hartnett John R. Common Stock Grant Aquire A No 0 574 0 16,017.944
70.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 173 185 -6.5%
Opened positions 27 29 -6.9%
Closed positions 39 22 +77.3%
Increased positions 66 58 +13.8%
Reduced positions 51 62 -17.7%
13F shares
Current Prev Q Change
Total value 2.85B 3.67B -22.2%
Total shares 30.25M 30.84M -1.9%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
State Farm Mutual Automobile Insurance 5.63M $141.79M 0.0%
BLK BlackRock 4.89M $123.21M -2.8%
Vanguard 4.27M $107.64M +1.6%
STT State Street 1.38M $34.8M -0.6%
Dimensional Fund Advisors 1.26M $31.73M -0.8%
Frontier Capital Management 752.19K $18.95M -16.3%
NTRS Northern Trust 728.29K $18.35M +0.8%
BK Bank Of New York Mellon 709.59K $17.87M -0.7%
Geode Capital Management 608.95K $15.34M +5.9%
GS The Goldman Sachs Group, Inc. 550.64K $13.87M +4.9%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -695.45K EXIT
AMP Ameriprise Financial 282.29K +155.65K +122.9%
Frontier Capital Management 752.19K -146.05K -16.3%
BLK BlackRock 4.89M -143.37K -2.8%
NWQ Investment Management 218.21K -129.05K -37.2%
PRU Prudential Financial 144.45K +110.78K +329.1%
Grantham, Mayo, Van Otterloo & Co. 111.31K +98.85K +792.9%
APG Asset Management 88.2K +88.2K NEW
JPM JPMorgan Chase & Co. 517.89K +84.35K +19.5%
American Century Companies 109.46K +80.1K +272.8%

Financial report summary

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Competition
Kimball InternationalHerman MillerKnollRegencySteelcaseRCI
Management Discussion
  • Consolidated net sales for the first quarter of 2020 decreased 2.2 percent compared to the same quarter last year. The change was driven by a decrease in the office furniture segment partially offset by an increase in the hearth products segment. Included in the sales results for the hearth products segment was a $1.1 million impact from acquiring small hearth products businesses.
  • Gross profit as a percentage of net sales increased 220 basis points in the first quarter of 2020 compared to the same quarter last year primarily driven by price realization and net productivity, partially offset by lower office furniture volume and increased tariff expense.
  • Selling and administrative expenses as a percentage of net sales increased 100 basis points in the first quarter of 2020 compared to the same quarter last year due to $5.0 million of one-time costs related to the COVID-19 pandemic. Lower office furniture volume was fully offset by lower core SG&A spend and reduced variable compensation.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman V bad
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