Phocas Financial Corp. purchased a new stake in shares of Knowles Corporation (NYSE:KN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 43,927 shares of the communications equipment provider's stock, valued at approximately $941,000. Phocas Financial Corp. owned 0.05% of Knowles at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of KN. Franklin Resources Inc. raised its holdings in shares of Knowles by 10.5% during the third quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider's stock valued at $119,072,000 after acquiring an additional 484,500 shares in the last quarter. Cramer Rosenthal Mcglynn LLC lifted its position in shares of Knowles by 5.6% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,421,713 shares of the communications equipment provider's stock worth $33,140,000 after purchasing an additional 75,367 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Knowles by 365.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider's stock valued at $32,502,000 after purchasing an additional 1,094,715 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Knowles by 52.8% during the third quarter. Raymond James Financial Inc. now owns 1,360,918 shares of the communications equipment provider's stock valued at $31,723,000 after buying an additional 470,100 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Knowles by 95.9% during the third quarter. American Century Companies Inc. now owns 958,387 shares of the communications equipment provider's stock valued at $22,340,000 after buying an additional 469,286 shares during the period. Hedge funds and other institutional investors own 96.35% of the company's stock.
Knowles Stock Down 0.6%
KN stock opened at $28.79 on Thursday. The business has a 50 day moving average of $26.45 and a 200 day moving average of $24.25. The firm has a market cap of $2.46 billion, a PE ratio of 56.45 and a beta of 1.49. Knowles Corporation has a twelve month low of $13.87 and a twelve month high of $29.39. The company has a quick ratio of 1.58, a current ratio of 2.75 and a debt-to-equity ratio of 0.15.
Knowles (NYSE:KN - Get Free Report) last released its earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The business had revenue of $162.20 million for the quarter, compared to the consensus estimate of $156.23 million. Knowles had a return on equity of 9.76% and a net margin of 7.45%.The company's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 earnings per share. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.
Wall Street Analyst Weigh In
KN has been the topic of a number of research analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Knowles in a report on Monday, December 29th. Craig Hallum reaffirmed a "buy" rating and issued a $30.00 price target on shares of Knowles in a research note on Friday, February 6th. Finally, Zacks Research upgraded Knowles from a "strong sell" rating to a "hold" rating in a report on Friday, April 10th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $27.67.
Get Our Latest Report on Knowles
Insider Activity
In other news, VP Air A. Jr. Bastarrica sold 12,000 shares of the business's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $26.76, for a total value of $321,120.00. Following the completion of the transaction, the vice president owned 48,200 shares in the company, valued at $1,289,832. The trade was a 19.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Daniel J. Giesecke sold 15,885 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $27.22, for a total value of $432,389.70. Following the sale, the chief operating officer directly owned 164,963 shares in the company, valued at $4,490,292.86. This trade represents a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 198,742 shares of company stock valued at $5,312,280. Company insiders own 2.24% of the company's stock.
Knowles Profile
(
Free Report)
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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Want to see what other hedge funds are holding KN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knowles Corporation (NYSE:KN - Free Report).

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