Andar Capital Management HK Ltd Invests $117 Million in Knowles Corporation $KN

Key Points

• Andar Capital Management HK Ltd acquired 4.85 million Knowles shares worth approximately $117 million, giving it a 5.68% stake and making Knowles its fifth-largest holding.
• Knowles reported quarterly EPS of $0.33, beating estimates by $0.02, while revenue rose 14.3% year over year to $166.8 million. The company issued third-quarter 2026 EPS guidance of $0.34–$0.38.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $40.67 price target; however, two company insiders recently sold shares under pre-arranged trading plans.

Andar Capital Management HK Ltd acquired a new stake in shares of Knowles Corporation (NYSE:KN - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,853,160 shares of the communications equipment provider's stock, valued at approximately $117,000,000. Knowles makes up approximately 0.3% of Andar Capital Management HK Ltd's holdings, making the stock its 5th biggest position. Andar Capital Management HK Ltd owned 5.68% of Knowles at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Hodges Capital Management Inc. lifted its stake in Knowles by 66.2% in the first quarter. Hodges Capital Management Inc. now owns 217,386 shares of the communications equipment provider's stock worth $5,582,000 after purchasing an additional 86,563 shares during the last quarter. Moran Wealth Management LLC purchased a new stake in Knowles during the fourth quarter valued at about $584,000. Jennison Associates LLC bought a new position in shares of Knowles during the fourth quarter valued at about $1,117,000. Sei Investments Co. grew its stake in shares of Knowles by 34.0% during the first quarter. Sei Investments Co. now owns 639,468 shares of the communications equipment provider's stock valued at $16,422,000 after buying an additional 162,092 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Knowles by 7.2% in the first quarter. Principal Financial Group Inc. now owns 435,165 shares of the communications equipment provider's stock worth $11,175,000 after buying an additional 29,221 shares during the period. 96.35% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, COO Daniel J. Giesecke sold 20,201 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total value of $753,901.32. Following the completion of the transaction, the chief operating officer directly owned 175,855 shares in the company, valued at $6,562,908.60. This trade represents a 10.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Raymond D. Cabrera sold 6,178 shares of Knowles stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $36.28, for a total transaction of $224,137.84. Following the transaction, the senior vice president directly owned 127,945 shares of the company's stock, valued at approximately $4,641,844.60. This trade represents a 4.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.24% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on KN shares. Susquehanna boosted their target price on Knowles from $33.00 to $40.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Zacks Research upgraded Knowles from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 28th. Robert W. Baird set a $44.00 price target on Knowles in a research note on Friday, July 24th. Craig Hallum reiterated a "buy" rating and issued a $38.00 price objective on shares of Knowles in a research report on Friday, April 24th. Finally, Weiss Ratings raised Knowles from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Knowles currently has a consensus rating of "Moderate Buy" and a consensus price target of $40.67.

Knowles Price Performance

Shares of KN stock opened at $38.51 on Friday. The firm has a market cap of $3.29 billion, a P/E ratio of 50.02 and a beta of 1.60. Knowles Corporation has a fifty-two week low of $20.08 and a fifty-two week high of $42.93. The business's 50 day moving average price is $38.26 and its 200-day moving average price is $32.44. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 3.20.

Knowles (NYSE:KN - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.02. Knowles had a net margin of 10.63% and a return on equity of 11.45%. The company had revenue of $166.80 million during the quarter, compared to the consensus estimate of $156.97 million. During the same period in the prior year, the firm earned $0.24 earnings per share. Knowles's revenue was up 14.3% on a year-over-year basis. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. On average, equities research analysts anticipate that Knowles Corporation will post 1.02 earnings per share for the current 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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