Jupiter Topco LLC Takes $1.66 Million Position in Knowles Corporation $KN

Key Points

• Jupiter Topco LLC acquired 39,958 Knowles shares worth approximately $1.66 million during the second quarter. Institutional investors collectively own 96.35% of the company.
• Knowles exceeded quarterly expectations, reporting adjusted EPS of $0.33 versus the $0.31 consensus and revenue of $166.8 million, up 14.3% year over year. The company issued third-quarter 2026 EPS guidance of $0.34–$0.38.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $40.67, although some firms recently downgraded the stock to hold or reduced their ratings.

Jupiter Topco LLC purchased 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 institutional investor purchased 39,958 shares of the communications equipment provider's stock, valued at approximately $1,658,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Millstone Evans Group LLC increased its holdings in Knowles by 212.9% during the 1st quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider's stock worth $25,000 after purchasing an additional 662 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Knowles by 35.9% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,151 shares of the communications equipment provider's stock worth $48,000 after buying an additional 304 shares during the period. Global Retirement Partners LLC bought a new position in shares of Knowles during the 2nd quarter worth $60,000. McMillan Office Inc. purchased a new position in shares of Knowles during the fourth quarter valued at $39,000. Finally, Osaic Holdings Inc. increased its stake in shares of Knowles by 94.5% during the second quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider's stock valued at $31,000 after buying an additional 895 shares during the period. 96.35% of the stock is currently owned by institutional investors.

Insider Transactions at Knowles

In related news, SVP Raymond Cabrera sold 6,178 shares of the firm's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $36.28, for a total value of $224,137.84. Following the completion of the sale, the senior vice president owned 127,945 shares in the company, valued at $4,641,844.60. This trade represents a 4.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Cheryl Shavers sold 6,618 shares of the company's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $39.27, for a total transaction of $259,888.86. Following the transaction, the director owned 35,723 shares in the company, valued at $1,402,842.21. The trade was a 15.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.24% of the company's stock.

Knowles Price Performance

Shares of NYSE KN opened at $35.44 on Friday. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 46.03 and a beta of 1.59. The stock's 50-day moving average is $36.64 and its two-hundred day moving average is $33.40. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.20 and a quick ratio of 1.75. Knowles Corporation has a 1-year low of $20.57 and a 1-year high of $42.93.

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Susquehanna raised their price objective on Knowles from $33.00 to $40.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Robert W. Baird set a $44.00 price objective on shares of Knowles in a report on Friday, July 24th. Weiss Ratings cut Knowles from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday. Wall Street Zen cut Knowles from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Finally, Zacks Research upgraded shares of Knowles from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $40.67.

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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