Knowles Corporation $KN Shares Sold by UBS Group AG

UBS Group AG reduced its stake in shares of Knowles Corporation (NYSE:KN) by 24.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 341,073 shares of the communications equipment provider’s stock after selling 110,608 shares during the quarter. UBS Group AG’s holdings in Knowles were worth $7,309,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KN. Ameriprise Financial Inc. raised its stake in Knowles by 365.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock worth $32,502,000 after acquiring an additional 1,094,715 shares in the last quarter. Harvey Partners LLC acquired a new stake in Knowles during the 3rd quarter worth $14,510,000. Franklin Resources Inc. raised its stake in Knowles by 10.5% during the 3rd quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock worth $119,072,000 after acquiring an additional 484,500 shares in the last quarter. Raymond James Financial Inc. raised its stake in 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 worth $31,723,000 after acquiring an additional 470,100 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Knowles by 95.9% during the 3rd quarter. American Century Companies Inc. now owns 958,387 shares of the communications equipment provider’s stock worth $22,340,000 after acquiring an additional 469,286 shares in the last quarter. 96.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on KN. Craig Hallum reiterated a “buy” rating and set a $38.00 price target on shares of Knowles in a research note on Friday, April 24th. Robert W. Baird lifted their price target on shares of Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Zacks Research upgraded shares of Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. One equities research 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.33.

Knowles Trading Down 1.8%

Shares of Knowles stock opened at $34.48 on Tuesday. Knowles Corporation has a 1 year low of $16.09 and a 1 year high of $37.08. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27. The company has a market capitalization of $2.95 billion, a P/E ratio of 53.88 and a beta of 1.56. The company’s fifty day moving average is $28.80 and its two-hundred day moving average is $25.60.

Knowles (NYSE:KN) last issued its quarterly earnings data on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. Knowles had a net margin of 9.10% and a return on equity of 10.66%. The company had revenue of $153.10 million for the quarter, compared to the consensus estimate of $147.40 million. During the same period last year, the firm posted $0.18 EPS. Knowles’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. Analysts forecast that Knowles Corporation will post 0.94 earnings per share for the current year.

Insider Buying and Selling at Knowles

In other Knowles news, VP Air A. Jr. Bastarrica sold 3,623 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $30.91, for a total transaction of $111,986.93. Following the transaction, the vice president directly owned 47,569 shares of the company’s stock, valued at approximately $1,470,357.79. This trade represents a 7.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jeffrey Niew sold 142,857 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $33.25, for a total transaction of $4,749,995.25. Following the transaction, the chief executive officer directly owned 883,719 shares in the company, valued at $29,383,656.75. The trade was a 13.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 210,548 shares of company stock valued at $6,635,758. Company insiders own 2.24% of the company’s stock.

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.