Exploring Steelcase Inc. (SCS) Investor Profile: Who’s Buying and Why?

Have you ever wondered who the major players are behind Steelcase Inc. (SCS), the well-known furniture company with $3.2 billion in revenue for fiscal year 2024? With institutional ownership at 86.75% and a total value of holdings reaching $797 million, it's worth exploring which firms are making the big moves. Are investment firms increasing their stakes, or are insiders selling off shares? Let's delve into the details of who's investing in Steelcase and the potential reasons driving their decisions.

Steelcase Inc. (SCS) Who Invests in Steelcase Inc. (SCS) and Why?

Understanding the investor profile of Steelcase Inc. (SCS) involves examining the diverse range of entities and individuals who hold the company's stock. These investors are typically categorized into retail investors, institutional investors, and sometimes hedge funds, each with their own motivations and strategies.

Key Investor Types:

The investor base of Steelcase Inc. (SCS) can be broken down into several key types:

• Retail Investors: These are individual investors who buy shares of Steelcase Inc. (SCS) for their personal accounts. Retail investors may be attracted to Steelcase Inc. (SCS) due to its brand recognition, dividend payouts, or perceived stability in the market.
• Institutional Investors: This category includes mutual funds, pension funds, insurance companies, and other large entities that invest on behalf of their clients or members. Institutional investors often hold a significant portion of Steelcase Inc. (SCS)'s outstanding shares and can influence the company's stock price.
• Hedge Funds: These are investment partnerships that use more aggressive strategies, such as leveraging or short-selling, to generate higher returns. Some hedge funds may invest in Steelcase Inc. (SCS) based on specific market opportunities or events.

Investment Motivations:

Different factors attract various investors to Steelcase Inc. (SCS):

• Growth Prospects: Investors may be drawn to Steelcase Inc. (SCS) if they believe the company has strong potential for future growth. This could be due to factors such as expanding into new markets, developing innovative products, or benefiting from favorable industry trends.
• Dividends: Steelcase Inc. (SCS) has a history of paying dividends, which can be attractive to income-seeking investors. A consistent dividend payout provides a steady stream of income and can signal the company's financial health and commitment to shareholders.
• Market Position: Steelcase Inc. (SCS)'s established position in the furniture and workspace solutions industry may appeal to investors seeking stable, long-term investments. A strong market position can provide a competitive advantage and help the company weather economic downturns.

Investment Strategies:

Investors in Steelcase Inc. (SCS) employ a variety of strategies, depending on their investment goals and risk tolerance:

• Long-Term Holding: Many institutional investors and some retail investors adopt a long-term holding strategy, buying and holding shares of Steelcase Inc. (SCS) for several years or even decades. This strategy is based on the belief that the company will generate consistent returns over the long run.
• Short-Term Trading: Some investors, particularly hedge funds and active traders, may engage in short-term trading, buying and selling shares of Steelcase Inc. (SCS) to profit from short-term price fluctuations. This strategy is more speculative and involves higher risk.
• Value Investing: Value investors seek out companies like Steelcase Inc. (SCS) that they believe are undervalued by the market. They may invest in Steelcase Inc. (SCS) if they believe the company's stock price is below its intrinsic value, with the expectation that the market will eventually recognize its true worth.

For example, according to the latest available data, institutional investors hold a significant percentage of Steelcase Inc. (SCS)'s shares. As of December 12, 2024, the aggregate value of Steelcase Inc. (SCS)'s common stocks held by institutional investors is $971,841,000.

Here is a general overview of institutional ownership in Steelcase Inc. (SCS):

Understanding who invests in Steelcase Inc. (SCS) and why provides valuable insights into the company's market dynamics and investor sentiment. By analyzing the composition of its investor base and the motivations driving investment decisions, stakeholders can gain a deeper appreciation of Steelcase Inc. (SCS)'s prospects and challenges.

To gain more insight into Steelcase Inc.'s values, review this resource: Mission Statement, Vision, & Core Values of Steelcase Inc. (SCS).

Steelcase Inc. (SCS) Institutional Ownership and Major Shareholders of Steelcase Inc. (SCS)

Understanding the ownership structure of Steelcase Inc. (SCS) is crucial for investors as it provides insights into the company's stability, strategic direction, and potential stock performance. Institutional investors, insiders, and retail investors all play a role in shaping the company's landscape.

As of recent data, the ownership structure of Steelcase (SCS) is composed of:

• Institutional Investors: Approximately 72.17%
• Insiders: Approximately 8.82%
• Retail Investors: Approximately 19.01%

Here's a detailed look at the top institutional investors in Steelcase Inc. (SCS) and their influence:

Top Institutional Investors

The largest shareholders of Steelcase Inc. (SCS) include:

• Vanguard Group Inc: Holds 9.09% of the shares with 10,341,137 shares, valued at approximately $105.27 million.
• BlackRock, Inc: Holds 7.54% of the shares with 8,580,109 shares, valued at approximately $87.35 million.
• Dimensional Fund Advisors LP: Holds 4.77% of the shares with 5,425,529 shares, valued at approximately $55.23 million.
• Pzena Investment Management LLC: Holds 4.72% of the shares with 5,373,342 shares, valued at approximately $54.70 million.
• Fifth Third Bancorp: Holds 3.15% of the shares with 3,579,117 shares, valued at approximately $36.44 million.
• Cooke & Bieler LP: Holds 3.30% of the shares with 3,755,611 shares, valued at approximately $38.23 million.
• Douglas Lane & Associates, LLC: Holds 2.67% of the shares with 3,034,625 shares, valued at approximately $30.89 million.
• American Century Companies Inc: Holds 2.66% of the shares with 3,024,828 shares, valued at approximately $30.79 million.

Combined, the top 37 institutional holders own 69.66% of Steelcase Inc. (SCS), totaling 79.3 million shares as of December 31st, 2024.

Changes in Ownership

Institutional investors frequently adjust their holdings, which can provide valuable signals about their confidence in the company's prospects.

• In the latest ownership report on December 31st, 2024, the top 37 institutional holders increased their combined ownership of SCS by 527,000 shares.
• Specifically, 12 institutions bought 1,467,661 additional shares, increasing their ownership by an average of 12.60%.
• However, 7 institutions reduced their positions, selling 940,895 shares and decreasing their ownership by an average of 6.35%.

Here's a summary of recent institutional ownership changes:

Impact of Institutional Investors

Institutional investors can significantly influence a company's stock price and strategy. Their actions often reflect in-depth research and analysis, making their investment decisions closely watched by other investors.

• Stock Price: Bulk investment actions by institutional investors can lead to price movement for the stock.
• Company Strategy: Large institutional investors may exert influence on the company's management and decision-making.
• Earnings Outlook: An increase or decrease in earnings estimates in their valuation models results in higher or lower fair value for a stock, influencing their buy or sell decisions.

For instance, a Zacks rating upgrade for Steelcase (SCS) reflects positivity about its earnings outlook, potentially translating into buying pressure and an increase in its stock price.

Keep an eye on these ownership dynamics to better understand Steelcase's potential performance and stability. Additionally, explore Breaking Down Steelcase Inc. (SCS) Financial Health: Key Insights for Investors to get a better view on the financial health.

Steelcase Inc. (SCS) Key Investors and Their Impact on Steelcase Inc. (SCS)

Understanding the investor profile of Steelcase Inc. (SCS) provides valuable insights into the company's stability, strategic direction, and potential for growth. Key investors can influence company decisions through their voting power and engagement with management. Their investment moves can also impact stock prices, reflecting market confidence or concern. Here's a look at some notable aspects of Steelcase Inc. (SCS)'s investor landscape:

Institutional ownership often represents a significant portion of Steelcase Inc. (SCS)'s shares. These institutions include mutual funds, pension funds, hedge funds, and other investment firms. Recent data indicates the following:

• Top Institutional Holders: Identifying the top institutional holders provides insights into who has the most influence on the company.
• Ownership Percentage: The percentage of shares held by institutions reflects their collective confidence in Steelcase Inc. (SCS).
• Recent Transactions: Analyzing recent buying and selling activity by these institutions can indicate their short-term and long-term outlook for the stock.

Notable institutional investors and their influence:

While specific details on activist investors or influential individuals might vary, their presence can signal potential changes in company strategy or operations. Monitoring their activity is crucial for understanding potential shifts in Steelcase Inc. (SCS)'s direction.

Recent moves by major investors can provide clues about the future performance of Steelcase Inc. (SCS). For example:

• Significant stake increases may indicate strong confidence in the company's future prospects.
• Large stake decreases could signal concerns about the company's performance or strategic direction.
• Activist investors taking positions might suggest upcoming changes or challenges to the current management.

Examining insider ownership offers insights into how much of the company is owned by its executives and board members. High insider ownership can align management's interests with those of shareholders.

The ownership structure of Steelcase Inc. (SCS) can be visualized as follows:

• Institutional Investors: Large entities holding a significant percentage of shares.
• Individual Investors: Retail investors who own smaller portions of the company.
• Insiders: Company executives and board members with vested interests.

Understanding these components offers a comprehensive view of who owns Steelcase Inc. (SCS) and why their investment decisions matter.

Here's a hypothetical overview of Steelcase Inc. (SCS)'s major shareholders based on typical ownership structures:

Delving deeper into Steelcase Inc. (SCS)'s background can provide additional context. Check out Steelcase Inc. (SCS): History, Ownership, Mission, How It Works & Makes Money.

Steelcase Inc. (SCS) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for evaluating Steelcase Inc. (SCS). Here’s a breakdown of key aspects:

Investor Sentiment:

• Currently, major shareholders' sentiment appears mixed, influenced by both positive earnings reports and broader economic uncertainties.
• An INDmoney report from March 9, 2025, to April 8, 2025, noted a -5% change in Indian investors' search interest for Steelcase stock, reflecting a downward trend in search activity.

Major Shareholders:

• Institutional investors hold a significant portion of Steelcase's stock. According to Fintel, 488 institutions and shareholders have filed 13D/G or 13F forms with the SEC, holding a total of 95,222,467 shares.
• According to WallStreetZen, institutional shareholders own 72.17% of Steelcase, while insiders own 8.82%, and retail investors hold 19.01%.
• TipRanks data indicates that approximately 24.91% of the company's stock is owned by Institutional Investors, 18.17% is owned by Insiders, and 23.88% is owned by Public Companies and Individual Investors.
• Top shareholders include:
  • Vanguard Group Inc: Holds approximately 9.09% of the shares.
  • BlackRock, Inc: Holds approximately 7.54% of the shares.
  • Dimensional Fund Advisors LP: Holds approximately 4.77% of the shares.
  • Pzena Investment Management LLC: Holds approximately 4.72% of the shares.

Recent Market Reactions:

• Steelcase's stock price as of April 16, 2025, was $9.71 per share, compared to $11.82 on April 17, 2024, representing a 17.85% decrease over that period.
• Following a strong Q4 2025 earnings report, Steelcase's stock surged 12.45% in premarket trading, reaching $11.92.
• An Investing.com article noted the stock remains below its 52-week high of $14.74 but has shown significant recovery from its low of $10.3.
• Steelcase shares have lost 4.3% year to date (YTD) against the industry's 14.2% growth according to Zacks.

Analyst Perspectives:

• Analysts' ratings are mixed, with recommendations ranging from 'Buy' to 'Hold' and 'Sell'.
• INDmoney, as of April 8, 2025, reported that 0% of analysts recommend to 'Buy', 37% recommend to 'Hold', and 62% recommend to 'Sell' Steelcase stock, based on ratings from eight Wall Street analysts.
• The average one-year price target for Steelcase is $16.83, with forecasts ranging from $16.16 to $18.90.
• Benchmark upgraded its outlook for Steelcase from 'Hold' to 'Buy' on June 14, 2024.
• The projected annual revenue for Steelcase is $3,567 million, an increase of 12.89%. The projected annual non-GAAP EPS is $1.06.
• An increase in earnings estimates typically results in a higher fair value for a stock, prompting institutional investors to buy, which leads to price movement for the stock.

Ownership Structure Impact:

• The ownership structure can impact the company's decision-making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.
• According to Steelcase's 2024 report, no single independent Steelcase dealer accounted for more than 4% of its consolidated revenue. The five largest independent Steelcase dealers collectively accounted for approximately 12% of its consolidated revenue in 2024.

Additional Resources:

For more insights into Steelcase's background, explore this resource: Steelcase Inc. (SCS): History, Ownership, Mission, How It Works & Makes Money

This information provides a comprehensive view of Steelcase's investor profile and market dynamics, helping stakeholders make informed decisions.