Knowles Corporation $KN Stock Holdings Lifted by Moran Wealth Management LLC

Moran Wealth Management LLC lifted its position in Knowles Corporation (NYSE:KN) by 63.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,494 shares of the communications equipment provider’s stock after acquiring an additional 17,250 shares during the quarter. Moran Wealth Management LLC owned approximately 0.05% of Knowles worth $1,143,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new position in Knowles during the 1st quarter worth approximately $227,000. Y Intercept Hong Kong Ltd boosted its position in shares of Knowles by 0.6% in the first quarter. Y Intercept Hong Kong Ltd now owns 76,098 shares of the communications equipment provider’s stock worth $1,954,000 after buying an additional 463 shares during the period. Sterling Capital Management LLC boosted its position in shares of Knowles by 470.2% in the first quarter. Sterling Capital Management LLC now owns 26,638 shares of the communications equipment provider’s stock worth $684,000 after buying an additional 21,966 shares during the period. Louisiana State Employees Retirement System purchased a new position in shares of Knowles during the first quarter valued at $968,000. Finally, Hsbc Holdings PLC grew its holdings in shares of Knowles by 18.3% during the fourth quarter. Hsbc Holdings PLC now owns 12,446 shares of the communications equipment provider’s stock valued at $267,000 after buying an additional 1,927 shares in the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.

Insider Activity at Knowles

In other Knowles news, COO Daniel J. Giesecke sold 20,201 shares of Knowles stock in a transaction that occurred on 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 sale, the chief operating officer directly owned 175,855 shares in the company, valued at $6,562,908.60. The trade was a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Air A. Jr. Bastarrica sold 3,623 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total transaction of $111,986.93. Following the completion of the sale, the vice president directly owned 47,569 shares of the company’s stock, valued at $1,470,357.79. This represents a 7.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 173,058 shares of company stock valued at $5,809,156. 2.24% of the stock is owned by corporate insiders.

Knowles Stock Down 7.8%

Shares of NYSE KN traded down $2.88 during mid-day trading on Tuesday, reaching $33.89. The company had a trading volume of 119,157 shares, compared to its average volume of 855,135. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27. Knowles Corporation has a twelve month low of $17.34 and a twelve month high of $42.93. The stock’s 50 day moving average is $37.19 and its 200-day moving average is $29.58. The stock has a market capitalization of $2.90 billion, a PE ratio of 52.91 and a beta of 1.59.

Knowles (NYSE:KN) last released its quarterly earnings data on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The firm had revenue of $153.10 million during the quarter, compared to analysts’ expectations of $147.40 million. During the same quarter last year, the firm earned $0.18 earnings per share. The business’s revenue for the quarter was up 15.8% on a year-over-year basis. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. As a group, equities analysts anticipate that Knowles Corporation will post 0.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

KN has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Craig Hallum reaffirmed a “buy” rating and set a $38.00 target price on shares of Knowles in a research note on Friday, April 24th. Robert W. Baird upped their target price on Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Zacks Research lowered shares of Knowles from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $33.33.

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.