Exploring MillerKnoll, Inc. (MLKN) Investor Profile: Who’s Buying and Why?

Have you ever wondered who the major players are behind MillerKnoll Inc. (MLKN), and what their investment decisions might signal? As of July 19, 2024, there were approximately 40,000 shareholders of record. Institutional investors have increased their holdings from 95.73% to 97.78% in September 2024, reflecting a strong institutional interest in the company. Big names like BlackRock Inc. hold approximately 16.12% of the shares, valued at around $180.78 million, and The Vanguard Group Inc. holds about 12.26%, worth approximately $137.41 million. But what exactly are these investors seeing in MillerKnoll, and how might their actions influence the company's future? Read on to find out!

MillerKnoll, Inc. (MLKN) Who Invests in MillerKnoll, Inc. (MLKN) and Why?

Understanding the investor profile of MillerKnoll, Inc. (MLKN) provides valuable insights into market sentiment and potential stock performance. Investors are generally categorized into retail investors, institutional investors, and hedge funds, each with varying motivations and strategies.

Key Investor Types:

Retail Investors: These individual investors often trade in smaller volumes and may be influenced by factors like brand recognition, product satisfaction, or general market trends. Their investment decisions can be driven by:

• Growth Prospects: Interest in MillerKnoll, Inc. (MLKN)’s potential for revenue and earnings growth.
• Dividends: Attractiveness of any dividend payouts offered by the company.
• Market Position: Confidence in MillerKnoll, Inc. (MLKN)’s standing and reputation in the furniture and design industry.

Institutional Investors: These include mutual funds, pension funds, insurance companies, and other large entities that invest on behalf of others. Their decisions are typically based on in-depth research and analysis. As of the 2024 fiscal year, institutional investors held a significant portion of MillerKnoll, Inc. (MLKN)’s shares. For instance, Vanguard Group held 10.7 million shares, representing about 14.5% ownership, and BlackRock Inc. held 6.3 million shares, accounting for approximately 8.6% ownership.

Hedge Funds: These are investment partnerships that use pooled funds and employ various strategies to generate active returns for their investors. Their investment horizons can vary widely, from short-term trading to long-term positions, depending on their specific strategies and market outlook. Citadel Advisors LLC, for example, held 1.1 million shares of MillerKnoll, Inc. (MLKN) as of the 2024 fiscal year.

Investment Motivations:

Several factors attract investors to MillerKnoll, Inc. (MLKN):

• Growth Prospects: Investors are drawn to MillerKnoll, Inc. (MLKN)'s potential for expanding its market share and increasing revenue through strategic initiatives and product innovation.
• Dividends: For income-seeking investors, MillerKnoll, Inc. (MLKN)'s dividend payouts can be an appealing factor, providing a steady stream of income.
• Market Position: The company's established reputation and strong presence in the furniture and design industry instill confidence among investors, who see it as a stable and reliable investment.

Investment Strategies:

Different investors adopt various strategies when investing in MillerKnoll, Inc. (MLKN):

• Long-Term Holding: Some investors, particularly institutional investors like Vanguard and BlackRock, may adopt a long-term holding strategy, viewing MillerKnoll, Inc. (MLKN) as a stable investment with potential for steady growth over time.
• Short-Term Trading: Hedge funds and other active traders may engage in short-term trading strategies, seeking to capitalize on price fluctuations and market volatility to generate quick profits.
• Value Investing: Value investors may be attracted to MillerKnoll, Inc. (MLKN) if they believe the stock is undervalued by the market, based on metrics such as price-to-earnings ratio, price-to-book ratio, and dividend yield.

The following table summarizes the holdings of major institutional investors in MillerKnoll, Inc. (MLKN) as of the 2024 fiscal year:

Understanding these different investor profiles, their motivations, and strategies can help stakeholders gain a more comprehensive view of the dynamics influencing MillerKnoll, Inc. (MLKN)’s stock performance.

For further insights into the financial health of MillerKnoll, Inc. (MLKN), consider exploring: Breaking Down MillerKnoll, Inc. (MLKN) Financial Health: Key Insights for Investors

MillerKnoll, Inc. (MLKN) Institutional Ownership and Major Shareholders of MillerKnoll, Inc. (MLKN)

Institutional ownership in MillerKnoll, Inc. (MLKN) reflects the extent to which large financial institutions, such as mutual funds, hedge funds, and pension funds, hold shares in the company. Analyzing this ownership can provide insights into market sentiment and potential stock performance.

As of December 31, 2024, the top institutional investors in MillerKnoll, Inc. (MLKN) include:

• Vanguard Group: Holding approximately 3.8 million shares, representing about 6.6% ownership.
• BlackRock Fund Advisors: Holding approximately 3.5 million shares, representing about 6.1% ownership.
• Dimensional Fund Advisors LP: Holding approximately 2.2 million shares, representing about 3.8% ownership.
• State Street Global Advisors: Holding approximately 1.9 million shares, representing about 3.3% ownership.

These major institutional holders collectively own a significant portion of MillerKnoll, Inc. (MLKN), indicating strong institutional interest in the company. Changes in their positions can influence the stock's trading volume and price.

Recent changes in institutional ownership can signal shifts in investor confidence. For example:

• Increases in holdings by institutional investors may suggest a positive outlook on MillerKnoll, Inc. (MLKN)'s future performance, driven by factors like strong financial results, strategic initiatives, or favorable industry trends.
• Conversely, decreases in holdings could indicate concerns about the company’s prospects, possibly due to missed earnings expectations, increased competition, or broader economic uncertainties.

Institutional investors play a crucial role in MillerKnoll, Inc. (MLKN)’s stock performance and corporate strategy:

• Price Impact: Large institutional trades can significantly impact MillerKnoll, Inc. (MLKN)’s stock price, creating upward or downward pressure depending on the direction of the trades.
• Influence on Strategy: As major shareholders, institutional investors have the ability to influence corporate governance and strategic decisions through voting rights and engagement with management. Their views on key issues such as executive compensation, mergers and acquisitions, and capital allocation can shape the company’s direction.
• Stability: High institutional ownership can sometimes reduce stock volatility, as these investors tend to have longer investment horizons and conduct thorough research before making investment decisions.

Here’s a detailed breakdown of significant shareholders as of the latest filings:

Understanding the composition and activities of MillerKnoll, Inc. (MLKN)’s institutional investors is essential for assessing the company's market dynamics and potential future performance.

More insights about MillerKnoll, Inc. (MLKN) are available here: MillerKnoll, Inc. (MLKN): History, Ownership, Mission, How It Works & Makes Money

MillerKnoll, Inc. (MLKN) Key Investors and Their Impact on MillerKnoll, Inc. (MLKN)

Understanding the investor profile of MillerKnoll, Inc. (MLKN) is crucial for grasping the dynamics influencing its stock performance and strategic decisions. Key investors can range from institutional giants to individual activist shareholders, each wielding varying degrees of influence.

Institutional investors form a significant portion of MillerKnoll, Inc. (MLKN)'s shareholder base. These entities, which include mutual funds, pension funds, and hedge funds, often hold large blocks of shares. Their investment decisions are driven by in-depth financial analysis and can significantly impact MillerKnoll, Inc. (MLKN)'s stock price. For instance, a major fund increasing its stake signals confidence in the company's future, potentially attracting other investors and driving up the stock price. Conversely, a large sell-off can trigger price declines.

Activist investors can also play a pivotal role. These shareholders acquire significant stakes in a company with the goal of influencing its management and strategic direction. They may push for changes such as:

• Cost-cutting measures
• Asset sales
• Changes in executive compensation
• Strategic shifts

Activist interventions can create both opportunities and risks for other investors. While successful activism can unlock value and improve company performance, it can also lead to uncertainty and volatility in the short term.

Recent moves by key investors provide valuable insights into their sentiment regarding MillerKnoll, Inc. (MLKN). Monitoring these actions, such as buying or selling large stakes, can offer clues about the company's prospects. For example, a cluster of insider buying (purchases by company executives or board members) often indicates a belief that the stock is undervalued.

The influence of major investors on MillerKnoll, Inc. (MLKN) is multifaceted:

• Voting Power: Large shareholders have a significant say in corporate governance matters, including the election of directors and approval of major transactions.
• Market Sentiment: Their investment decisions can sway market perception of the company, impacting its stock price and access to capital.
• Strategic Direction: Activist investors can directly influence the company's strategy through public campaigns or private negotiations with management.

Here's a hypothetical illustration of significant shareholders and their potential impact:

Analyzing the composition and behavior of MillerKnoll, Inc. (MLKN)'s investor base is essential for understanding the forces shaping its future. By tracking the moves of key investors and assessing their potential influence, stakeholders can gain a deeper appreciation of the company's prospects and risks.

To gain more insight into MillerKnoll, Inc. (MLKN), explore: MillerKnoll, Inc. (MLKN): History, Ownership, Mission, How It Works & Makes Money

MillerKnoll, Inc. (MLKN) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for assessing the potential future performance of MillerKnoll, Inc. (MLKN). Here's an overview of the current investor landscape:

• Major Shareholders: As of April 2025, institutional investors hold a significant portion of MillerKnoll's stock. Key shareholders include BlackRock Inc. with 15.31%, Vanguard Fiduciary Trust Co. with 12.18%, and AllianceBernstein L.P. Mission Statement, Vision, & Core Values of MillerKnoll, Inc. (MLKN). with 7.61%.
• Institutional Ownership: Institutional investors own approximately 94.76% of MillerKnoll, while insiders hold 4.26%, and retail investors account for the remaining 0.97%.
• Insider Activity: Recent insider activity shows net buying. For example, in January 2025, Heidi J. Manheimer, Candace S. Matthews, and Michael R. Smith, all directors, purchased shares of MLKN at $21.90 per share.

Recent market reactions to company announcements and financial performance provide insights into investor sentiment.

• Q3 2025 Earnings: MillerKnoll reported Q3 2025 earnings, meeting EPS expectations at $0.44 but missing revenue forecasts at $876.2 million. The stock reacted negatively, declining 1.29% during regular trading and an additional 2.51% in after-hours trading.
• Stock Performance: The stock has experienced volatility. As of April 2025, the current share price is around $16.28. The 52-week high is $31.73, while the 52-week low is $15.43.
• Year-to-Date Performance: MillerKnoll's stock has underperformed the US market over the past year. The stock is down approximately 37.42% year-over-year.

Analysts' perspectives offer valuable insights into the potential impact of key investors and the company's future prospects.

• Analyst Ratings: The consensus rating for MillerKnoll is 'Hold.' The average price target from analysts is $30.50, suggesting a potential upside of 94.52% from the current price.
• Price Targets: Based on ratings from two Wall Street analysts, the 12-month price targets range from a high of $38.00 to a low of $23.00.
• Growth Forecasts: Analysts predict earnings and revenue growth of 70.1% and 3% per annum, respectively. EPS is expected to grow by 70.8% per annum, with a return on equity forecast to be 11.1% in 3 years.

Recent analyst updates reflect adjustments in expectations and price targets.

• EPS Estimates: Consensus EPS estimates have fallen by 54% as of April 2025.
• Price Target Adjustments: The price target was decreased by 7.6% to $30.50 in March 2025.

Institutional investors have been actively adjusting their positions in MillerKnoll, reflecting varied sentiment.

Overall, the investor sentiment towards MillerKnoll is mixed. While major shareholders maintain significant positions, recent market reactions to earnings reports have been negative. Analyst ratings suggest a potential upside, but lowered guidance and mixed demand across segments contribute to uncertainty.