State of Wyoming grew its stake in shares of Knowles Corporation (NYSE:KN – Free Report) by 214.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,245 shares of the communications equipment provider’s stock after buying an additional 15,857 shares during the period. State of Wyoming’s holdings in Knowles were worth $597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently modified their holdings of KN. Millstone Evans Group LLC boosted its position in shares of Knowles by 212.9% during the first quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider’s stock worth $25,000 after acquiring an additional 662 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Knowles by 94.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after acquiring an additional 895 shares during the last quarter. McMillan Office Inc. bought a new stake in Knowles in the 4th quarter valued at $39,000. Torren Management LLC bought a new stake in Knowles in the 4th quarter valued at $43,000. Finally, Meeder Asset Management Inc. purchased a new stake in Knowles in the 1st quarter worth $51,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have commented on KN shares. Robert W. Baird set a $44.00 price objective on shares of Knowles in a report on Friday. Zacks Research cut Knowles from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Susquehanna boosted their target price on Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Finally, Craig Hallum reissued a “buy” rating and set a $38.00 price target on shares of Knowles in a research note on Friday, April 24th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Knowles currently has a consensus rating of “Hold” and a consensus price target of $40.67.
Insider Activity
In related news, CEO Jeffrey Niew sold 142,857 shares of Knowles stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $33.25, for a total value of $4,749,995.25. Following the completion of the transaction, the chief executive officer owned 883,719 shares in the company, valued at approximately $29,383,656.75. This trade represents a 13.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Air A. Jr. Bastarrica sold 3,623 shares of Knowles stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $30.91, for a total value of $111,986.93. Following the completion of the transaction, the vice president owned 47,569 shares of the company’s stock, valued at approximately $1,470,357.79. This represents a 7.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 173,058 shares of company stock worth $5,809,156. 2.24% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Knowles
Here are the key news stories impacting Knowles this week:
- Positive Sentiment: Knowles beat Q2 earnings and revenue estimates, showing stronger-than-expected demand across its specialty electronic components business. Knowles (KN) Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company raised the outlook for Q3 2026, with EPS guidance of $0.34-$0.38 and revenue guidance of $167.0 million-$177.0 million, both above consensus estimates. Knowles Reports Q2 2026 Financial Results and Provides Outlook for Q3 2026
- Positive Sentiment: Commentary around a “bullish” Q2 and optimistic near-term revenue guidance reinforced the view that operating momentum is improving. Knowles (NYSE:KN) Reports Bullish Q2 CY2026, Provides Optimistic Revenue Guidance for Next Quarter
- Neutral Sentiment: The earnings call transcript and snapshot articles mainly repeat the same results and guidance, adding little new information beyond the headline beat. Knowles Corporation (KN) Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Several unrelated entertainment articles about Matthew Knowles and Destiny’s Child are not connected to Knowles Corporation’s fundamentals. Mathew Knowles Says Unreleased Destiny’s Child Remixes Are Coming
Knowles Trading Down 3.3%
Shares of KN opened at $37.52 on Friday. The stock has a market capitalization of $3.21 billion, a PE ratio of 48.72 and a beta of 1.59. The company’s fifty day moving average is $38.00 and its 200 day moving average is $30.95. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27. Knowles Corporation has a fifty-two week low of $19.28 and a fifty-two week high of $42.93.
Knowles (NYSE:KN – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The communications equipment provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. Knowles had a net margin of 10.63% and a return on equity of 11.55%. The business had revenue of $166.80 million during the quarter, compared to analyst estimates of $156.97 million. During the same quarter last year, the business earned $0.24 earnings per share. Knowles’s quarterly revenue was up 14.3% compared to the same quarter last year. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. Sell-side analysts expect that Knowles Corporation will post 0.94 earnings per share for the current fiscal year.
About Knowles
Knowles Corporation (NYSE: KN) is a leading developer and manufacturer of advanced micro-acoustic, audio processing and precision device solutions. The company’s product portfolio includes microelectromechanical systems (MEMS) microphones, balanced armature receivers, acoustic filters, and custom audio processing integrated circuits. These solutions are designed to enable clear speech, enhanced voice capture and intelligent audio performance in a variety of end markets.
Founded in 1946, Knowles has evolved from its roots in vacuum tube components to become a pure-play audio technology provider following its spin-off from Dover Corporation in 2014.
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