Diamond Hill Capital Management LLC Investment Advisor Takes $21.24 Million Position in Knife River Corporation $KNF

Posted by on Aug 17th, 2026

Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in Knife River Corporation (NYSE:KNF – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 253,941 shares of the company’s stock, valued at approximately $21,242,000.

Other institutional investors have also recently added to or reduced their stakes in the company. McMillan Office Inc. acquired a new position in Knife River during the fourth quarter worth about $36,000. Hantz Financial Services Inc. increased its holdings in Knife River by 66.3% in the fourth quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $40,000 after buying an additional 226 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Knife River by 1,088.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 594 shares of the company’s stock valued at $42,000 after acquiring an additional 544 shares during the period. Harbor Investment Advisory LLC purchased a new stake in shares of Knife River during the 2nd quarter worth approximately $50,000. Finally, Larson Financial Group LLC boosted its stake in shares of Knife River by 198.5% during the 4th quarter. Larson Financial Group LLC now owns 806 shares of the company’s stock worth $57,000 after acquiring an additional 536 shares in the last quarter. Hedge funds and other institutional investors own 80.11% of the company’s stock.

Knife River Stock Down 0.2%

Shares of NYSE KNF opened at $66.29 on Monday. The firm’s 50-day moving average is $78.75 and its two-hundred day moving average is $80.70. The company has a market capitalization of $3.76 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 1.28 and a beta of 0.42. Knife River Corporation has a 12-month low of $58.72 and a 12-month high of $96.28. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.66 and a quick ratio of 1.60.

Knife River (NYSE:KNF – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.36). Knife River had a return on equity of 8.73% and a net margin of 4.23%.The business had revenue of $938.57 million for the quarter, compared to analysts’ expectations of $931.39 million. During the same period last year, the business earned $0.89 earnings per share. The company’s revenue for the quarter was up 12.6% on a year-over-year basis. Equities analysts anticipate that Knife River Corporation will post 3.08 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Wall Street Zen downgraded Knife River from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Royal Bank Of Canada decreased their target price on Knife River from $107.00 to $103.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Weiss Ratings raised Knife River from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Oppenheimer initiated coverage on Knife River in a report on Thursday, May 28th. They issued an “outperform” rating and a $95.00 target price on the stock. Finally, Zacks Research cut Knife River from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Knife River has a consensus rating of “Moderate Buy” and an average price target of $89.71.

Read Our Latest Report on KNF

Knife River Company Profile

(Free Report)

Knife River Corporation, headquartered in Bismarck, North Dakota, is a leading integrated construction materials and contracting company in the western United States. The company specializes in producing and supplying aggregates, asphalt mix, ready-mixed concrete and other heavy construction materials used in highway, commercial and residential projects.

In addition to material production, Knife River offers a comprehensive suite of contracting services, including heavy civil construction, road building, underground and open-pit mining and logistics support.

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Institutional Ownership by Quarter for Knife River (NYSE:KNF)

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