HNI Corp (HNI)

• Market cap: $2.47B
• 1 day: 1.37%
• 5 days: -3.82%
• 1 month: -6.62%
• 3 months: -1.28%
• 6 months: 18.69%
• Year to date: 24.29%
• 1 year: 22.84%
• 5 years: 35.76%
• 10 years: 2.85%
• Sector: Consumer Discretionary
• Industry: Office Furniture, Except Wood

About: HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

Employees: 8,200

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

611% more call options, than puts

Call options by funds: $839K | Put options by funds: $118K

82% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 22

20% more capital invested

Capital invested by funds: $1.7B [Q2] → $2.04B (+$339M) [Q3]

8% more funds holding

Funds holding: 219 [Q2] → 237 (+18) [Q3]

0.41% more ownership

Funds ownership: 80.02% [Q2] → 80.43% (+0.41%) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 83