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HNI

HNI Corporation

Sector: industrialsBusiness Equipment & SuppliesNYSEMarket Cap: $2.29B

HNI Corporation manufactures office furniture and hearth products, with its primary political signal being $150,956 in lobbying focused on environmental regulations and federal procurement, concentrated through two Republican politicians.

Next filing → your inbox
Govt Dependence
10/100
Regulatory Density
85/100
Lobbying Intensity
65/100
Political Signal
NEUTRAL

BusinessWhat HNI does

HNI Corporation operates in two segments: workplace furnishings (office furniture) and hearth products (gas, wood, and pellet stoves, fireplaces). Its business model involves manufacturing and selling these products to commercial, institutional, and residential customers. Revenue is derived from B2B sales of office furniture and B2C/B2B sales of heating appliances.

12 months past · 3 months futureHNI activity timeline

$54$41$28 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $52.55 hi $29.25 lo $47.77 CONGRESS 8 INSIDERS 0 13F FUNDS 27 BILLS 4 Two Sigma Investments · - $647M · 2026-03-31Renaissance Technologies · - $461M · 2026-03-31D.E. Shaw & Co. · + $39M · 2025-12-31D.E. Shaw & Co. · + $24M · 2025-09-30Citadel Advisors · + $15M · 2025-09-30Citadel Advisors · - $8M · 2025-12-31Two Sigma Investments · OPENED $7M · 2025-09-30Two Sigma Investments · - $2M · 2025-12-31Renaissance Technologies · OPENED $1M · 2025-12-31 MARKUP · House Appropriations Subcommittee on Financial Services and · 2026-09-15MARKUP · House Appropriations Subcommittee on Departments of Transpor · 2026-09-15MARKUP · House Appropriations Subcommittee on National Security, Depa · 2026-09-16MARKUP · Senate Armed Services · 2026-09-17
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
248 trading days · 0 congressional trades shown · 0 insider buys · 9 13F filings · 0 past bill actions · 4 upcoming markups

Executive Branch ConflictsHNI held by Trump-administration officials

Lifetime Government AwardsHNI federal contracts

HNI doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding HNI

$1.16B
Total HNI held by tracked 13F funds
4
Funds with HNI positions
Two Sigma Investments $647M -64% 2026-03-31
Renaissance Technologies $461M -42% 2026-03-31
D.E. Shaw & Co. $39M +78% 2025-12-31
Citadel Advisors $8M -41% 2025-12-31

Politicians Trading HNIMembers of Congress with recent HNI positions

1 politicians traded HNI across 4 disclosed transactions totaling $130K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just HNI). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading HNI

2025-05-08 Jefferson Shreve R-Indiana · house Sale $15,001 - $50,000
2025-05-08 Jefferson Shreve R-Indiana · house sale $15,001 - $50,000
2025-03-31 Jefferson Shreve R-Indiana · house purchase $15,001 - $50,000
2025-03-31 Jefferson Shreve R-Indiana · house Purchase $15,001 - $50,000
2019-03-25 (unknown) sale $1,001 - $15,000
2019-03-25 (unknown) Sale $1,001 - $15,000
2014-05-07 Susan M. Collins R-Maine · senate sale $1,001 - $15,000
2014-05-07 Susan M. Collins R-Maine · senate Sale (Full) $1,001 - $15,000
8+ trades on file · most recent 2025-06-22

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Political ProfileWhere HNI sits in Washington

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STRUCTURAL: Strong committee alignment (Senate Appropriations Chair, House Transportation) and concentrated $150,956 lobbying on environmental/regulatory issues. EVIDENTIARY: No federal contracts (`get_government_precedent.federal_contracts_summary` is null), no corporate insider buys (`get_corporate_insider_signal.total_buys` is 0), and congressional trades are sales. Net: High regulatory engagement offset by lack of direct financial stakes from government or insiders.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • EPA/DOE New Source Performance Standards and potential bans on gas appliances (stoves, fireplaces).
    Environmental Protection Agency (EPA), Department of Energy (DOE)
    "`Lobbying filings touching this ticker[0].specific_issues` cites 'Broadly discussed New Source Performance Standards for wood heaters' and 'potential bans would impact hearth products'."
  • EPA Indoor AirPLUS program changes to technical language for hearth products.
    Environmental Protection Agency (EPA)
    "`Lobbying filings touching this ticker[1].specific_issues` cites 'potential change to technical language in an EPA program (Indoor AirPLUS) related to hearth products'."

Regulatory opportunities

  • Retention and clarification of the Biomass Tax Credit (Energy Efficient Home Improvement Tax Credit).
    Internal Revenue Service (IRS)
    "`Lobbying filings touching this ticker[0].specific_issues` cites 'Lobbied in support of retaining the Biomass Tax Credit... Lobbied in support of IRS REG-118264-23'."
  • Defending market share against Federal Prison Industries (UNICOR) in Department of Defense office furniture procurement.
    Department of Defense (DoD)
    "`Lobbying filings touching this ticker[0].specific_issues` cites 'Federal procurement policy relating to office furniture, specifically DoD procurement of office furniture from Federal Prison Industri"

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.

LobbyingWho's hired to advocate for HNI

HNI CORPORATION (in-house) · $151K environment
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Frequently AskedAbout HNI & political exposure

Does HNI Corporation (HNI) hold federal contracts?
No direct prime contracts reported in USASpending.gov for HNI Corporation. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own HNI stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in HNI on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded HNI stock?
8 congressional trades by 3 unique members of Congress, most recently on 2025-05-08. See the Congressional Trading panel for politician-by-politician breakdown.
What is HNI political risk profile?
Government dependence: 10/100. Lobbying intensity: 65/100. Political signal: neutral. Donor party split: R 100% / D 0%.
How does GovGreed track HNI political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. HNI data is updated daily from these official federal sources.