38,104 Shares in Knife River Corporation $KNF Purchased by Public Employees Retirement System of Ohio

Posted by Geri Gentry on Sep 5th, 2026

Public Employees Retirement System of Ohio acquired a new position in Knife River Corporation (NYSE:KNF – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,104 shares of the company’s stock, valued at approximately $3,187,000. Public Employees Retirement System of Ohio owned 0.07% of Knife River as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in shares of Knife River by 284.9% in the 1st quarter. Jones Financial Companies Lllp now owns 6,390 shares of the company’s stock worth $576,000 after purchasing an additional 4,730 shares in the last quarter. Empowered Funds LLC bought a new position in Knife River during the 1st quarter valued at approximately $424,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Knife River by 16.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 227,565 shares of the company’s stock valued at $20,529,000 after buying an additional 32,762 shares during the last quarter. State Street Corp raised its stake in Knife River by 0.6% during the second quarter. State Street Corp now owns 2,101,198 shares of the company’s stock valued at $171,542,000 after buying an additional 12,308 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Knife River by 71.0% in the second quarter. Raymond James Financial Inc. now owns 354,860 shares of the company’s stock worth $28,971,000 after acquiring an additional 147,387 shares in the last quarter. Institutional investors own 80.11% of the company’s stock.

Knife River Stock Down 0.3%

KNF opened at $61.97 on Friday. The stock has a market capitalization of $3.52 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 1.20 and a beta of 0.38. The firm has a 50 day moving average price of $73.24 and a 200-day moving average price of $79.56. Knife River Corporation has a twelve month low of $58.72 and a twelve month high of $96.28. The company has a quick ratio of 1.60, a current ratio of 2.66 and a debt-to-equity ratio of 1.00.

Knife River (NYSE:KNF – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.77 earnings per share (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 company had revenue of $938.57 million during the quarter, compared to analysts’ expectations of $931.39 million. During the same quarter in the prior year, the business posted $0.89 EPS. The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. Equities research analysts forecast that Knife River Corporation will post 3.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Oppenheimer started coverage on Knife River in a report on Thursday, May 28th. They set an “outperform” rating and a $95.00 price target for the company. Wells Fargo & Company upgraded shares of Knife River from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $81.00 to $73.00 in a research note on Wednesday, August 5th. Zacks Research downgraded shares of Knife River from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Wall Street Zen cut shares of Knife River from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, JPMorgan Chase & Co. downgraded shares of Knife River from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $80.00 to $73.00 in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $85.86.

Get Our Latest Stock Analysis 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.