STOCK TITAN

Pzena discloses 1.54M Hooker Furnishings (HOFT) shares, a 14.4% stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Pzena Investment Management, LLC filed Amendment No. 2 to a Schedule 13G regarding Hooker Furnishings Corp common stock. Pzena reports beneficial ownership of 1,542,623 shares, representing 14.4% of the outstanding common stock, in a statement dated 06/30/2026.

Pzena has sole voting power over 1,362,220 shares and sole dispositive power over 1,542,623 shares, with no shared voting or dispositive power. Clients of the investment manager have rights to dividends and sale proceeds, but no single client holds over five percent of the class.

Positive

  • None.

Negative

  • None.
Beneficial ownership 1,542,623 shares Common stock of Hooker Furnishings Corp reported by Pzena Investment Management, LLC
Percent of class 14.4% Portion of Hooker Furnishings Corp common stock beneficially owned
Sole voting power 1,362,220 shares Shares for which Pzena Investment Management, LLC can vote or direct the vote
Shared voting power 0 shares Shares with shared voting authority
Sole dispositive power 1,542,623 shares Shares for which Pzena can dispose or direct disposition
Shared dispositive power 0 shares Shares with shared dispositive authority
Report date 06/30/2026 Date associated with the Schedule 13G/A Amendment No. 2
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1,542,623"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole power to vote or to direct the vote: 1,362,220"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 1,542,623"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Ownership of more than 5 Percent on Behalf of Another Person."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Investment Company Act of 1940 regulatory
"investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What HOFT stake did Pzena Investment Management report in this Schedule 13G/A?

Pzena Investment Management reported beneficial ownership of 1,542,623 Hooker Furnishings (HOFT) shares, representing 14.4% of the company’s common stock. This reflects a sizeable institutional position in HOFT held on behalf of Pzena’s investment management clients.

How many HOFT shares does Pzena have voting power over?

Pzena has sole voting power over 1,362,220 Hooker Furnishings (HOFT) shares and no shared voting power. This means Pzena alone can vote these shares or direct how they are voted, subject to its obligations to its underlying clients.

What dispositive power does Pzena hold over HOFT stock?

Pzena holds sole dispositive power over 1,542,623 HOFT shares and no shared dispositive power. Sole dispositive power indicates authority to decide if and when these shares are sold or otherwise disposed of, again in its role as investment manager.

Who ultimately benefits from Pzena’s HOFT holdings?

Clients of Pzena Investment Management ultimately benefit from the HOFT position. They have the right to receive, and direct the receipt of, dividends and sale proceeds from the 1,542,623 shares, with Pzena acting as their investment manager.

Does any single Pzena client own over 5% of HOFT stock?

No single Pzena client owns over 5% of Hooker Furnishings (HOFT). The Schedule 13G/A states that while clients collectively benefit from 1,542,623 shares, no individual client’s interest exceeds five percent of the HOFT common stock class.

What is the significance of a Schedule 13G/A for HOFT shareholders?

A Schedule 13G/A shows that an institutional investor holds over 5% of HOFT’s stock in a generally passive capacity. Here, Pzena’s 14.4% beneficial stake highlights substantial institutional ownership without the detailed activist intentions typically associated with a Schedule 13D.





439038100

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



PZENA INVESTMENT MANAGEMENT LLC
Signature:s/Steven Coffey
Name/Title:Chief Legal Risk Officer & Chief Compliance Officer
Date:07/15/2026