Renaissance Technologies LLC Cuts Holdings in Knife River Corporation $KNF

Posted by on Aug 17th, 2026

Renaissance Technologies LLC trimmed its position in Knife River Corporation (NYSE:KNF – Free Report) by 93.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 7,700 shares of the company’s stock after selling 108,400 shares during the period. Renaissance Technologies LLC’s holdings in Knife River were worth $629,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KNF. Bessemer Group Inc. lifted its position in shares of Knife River by 6.9% during the 1st quarter. Bessemer Group Inc. now owns 1,852 shares of the company’s stock worth $151,000 after buying an additional 119 shares in the last quarter. DMKC Advisory Services LLC grew its holdings in shares of Knife River by 4.2% in the fourth quarter. DMKC Advisory Services LLC now owns 3,762 shares of the company’s stock valued at $265,000 after acquiring an additional 150 shares in the last quarter. TIAA Trust National Association grew its holdings in shares of Knife River by 5.6% in the fourth quarter. TIAA Trust National Association now owns 3,146 shares of the company’s stock valued at $221,000 after acquiring an additional 166 shares in the last quarter. Lido Advisors LLC increased its position in shares of Knife River by 6.0% during the first quarter. Lido Advisors LLC now owns 2,949 shares of the company’s stock valued at $241,000 after acquiring an additional 167 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in Knife River by 6.3% during the third quarter. Crossmark Global Holdings Inc. now owns 3,705 shares of the company’s stock worth $285,000 after acquiring an additional 220 shares during the period. Hedge funds and other institutional investors own 80.11% of the company’s stock.

Knife River Stock Performance

NYSE KNF opened at $66.29 on Monday. The firm has a market cap of $3.76 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 1.28 and a beta of 0.42. The company has a quick ratio of 1.60, a current ratio of 2.66 and a debt-to-equity ratio of 1.00. The company’s 50 day moving average is $78.75 and its 200-day moving average is $80.70. Knife River Corporation has a 12-month low of $58.72 and a 12-month high of $96.28.

Knife River (NYSE:KNF – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.77 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $931.39 million. During the same period last year, the business posted $0.89 earnings per share. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. Sell-side analysts predict that Knife River Corporation will post 3.08 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Weiss Ratings upgraded Knife River from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Wall Street Zen downgraded Knife River from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Stephens set a $80.00 target price on Knife River in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lowered their target price on Knife River from $95.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Finally, Wells Fargo & Company raised Knife River from an “underweight” rating to an “equal weight” rating and dropped their price target for the company from $81.00 to $73.00 in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.71.

Read Our Latest Research Report on KNF

About Knife River

(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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