Hantz Financial Services Inc. lowered its stake in shares of Knowles Corporation (NYSE:KN - Free Report) by 72.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,130 shares of the communications equipment provider's stock after selling 58,096 shares during the quarter. Hantz Financial Services Inc.'s holdings in Knowles were worth $474,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Franklin Resources Inc. raised its position in shares of Knowles by 10.5% during the 3rd quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider's stock valued at $119,072,000 after buying an additional 484,500 shares in the last quarter. Cramer Rosenthal Mcglynn LLC raised its holdings in shares of Knowles by 5.6% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,421,713 shares of the communications equipment provider's stock valued at $33,140,000 after buying an additional 75,367 shares in the last quarter. Ameriprise Financial Inc. raised its holdings 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 buying an additional 1,094,715 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Knowles by 52.8% during the 3rd 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 in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Knowles by 95.9% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 96.35% of the company's stock.
Knowles Price Performance
Shares of Knowles stock opened at $38.04 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.27 and a quick ratio of 1.77. The business's 50 day simple moving average is $30.64 and its two-hundred day simple moving average is $26.35. The stock has a market capitalization of $3.26 billion, a P/E ratio of 59.44 and a beta of 1.56. Knowles Corporation has a one year low of $16.11 and a one year high of $38.40.
Knowles (NYSE:KN - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. The business had revenue of $153.10 million for the quarter, compared to analysts' expectations of $147.40 million. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The business's quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 EPS. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Analysts forecast that Knowles Corporation will post 0.94 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the company. Robert W. Baird raised their price objective on Knowles from $30.00 to $39.00 and gave the company an "outperform" rating in a report on Friday, April 24th. Weiss Ratings reissued a "hold (c)" rating on shares of Knowles in a report on Friday, May 22nd. Zacks Research raised Knowles from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 12th. Finally, Craig Hallum reissued a "buy" rating and set a $38.00 price objective on shares of Knowles in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $33.33.
Check Out Our Latest Analysis on Knowles
Insider Buying and Selling
In other Knowles news, CEO Jeffrey Niew sold 142,857 shares of Knowles stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $33.25, for a total value of $4,749,995.25. Following the transaction, the chief executive officer directly owned 883,719 shares of the company's stock, valued at $29,383,656.75. The trade was a 13.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Air A. Jr. Bastarrica sold 3,623 shares of Knowles stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total value of $111,986.93. Following the completion of the transaction, the vice president directly owned 47,569 shares in the company, valued at $1,470,357.79. This trade represents a 7.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 152,857 shares of company stock worth $5,055,254 over the last ninety days. Insiders own 2.24% of the company's stock.
About Knowles
(
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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