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Director Miguel M. Calado of HNI CORP (NYSE:HNI) sold 2,000 shares of common stock on June 27, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $50.0, for a total transaction value of $100,000. According to InvestingPro analysis, HNI currently appears undervalued, with a market capitalization of $2.3 billion and strong financial health metrics.
Following the transaction, Calado directly owns 31,828.415 shares of HNI CORP. The company has maintained dividend payments for 55 consecutive years and currently offers a 2.7% dividend yield. InvestingPro data reveals several more positive indicators, including a low P/E ratio relative to near-term earnings growth.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2025. In other recent news, HNI Corporation has announced a quarterly dividend of 34 cents per share, set for payment on June 11, 2025, to shareholders recorded by May 23, 2025. This move aligns with the company’s ongoing strategy to provide consistent value to its shareholders. At the company’s 2025 Annual Meeting, shareholders approved several key proposals, including the election of directors and the ratification of KPMG LLP as the independent registered public accounting firm. Additionally, Longbow Research initiated coverage on HNI Corp with a Buy rating and a price target of $70.00, citing potential growth in unit volume and improved margins. In sustainability efforts, HNI celebrated the opening of a new solar installation at its Muscatine, Iowa facility, which is expected to generate over 1,500 MWh of clean energy annually. This project marks a significant step in the company’s broader sustainability strategy. Furthermore, a recent Benchmark survey indicated a modest improvement in the commercial interiors market, relevant to HNI and other major players in the sector. These developments reflect HNI Corporation’s ongoing initiatives in financial performance, governance, sustainability, and market presence. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.