Hodges Capital Management Inc. Has $2.80 Million Stock Position in Knowles Corporation $KN

Hodges Capital Management Inc. boosted its position in Knowles Corporation (NYSE:KN) by 62.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 130,823 shares of the communications equipment provider’s stock after purchasing an additional 50,273 shares during the period. Hodges Capital Management Inc.’s holdings in Knowles were worth $2,804,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Financiere des Professionnels Fonds d investissement inc. lifted its stake in Knowles by 30.1% in the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 11,273 shares of the communications equipment provider’s stock valued at $242,000 after purchasing an additional 2,610 shares during the last quarter. Deutsche Bank AG lifted its position in Knowles by 3.4% during the fourth quarter. Deutsche Bank AG now owns 83,165 shares of the communications equipment provider’s stock worth $1,782,000 after acquiring an additional 2,705 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in Knowles during the fourth quarter worth approximately $555,000. LPL Financial LLC lifted its position in Knowles by 7.5% during the fourth quarter. LPL Financial LLC now owns 52,654 shares of the communications equipment provider’s stock worth $1,128,000 after acquiring an additional 3,686 shares during the last quarter. Finally, Los Angeles Capital Management LLC lifted its position in Knowles by 4.8% during the fourth quarter. Los Angeles Capital Management LLC now owns 89,765 shares of the communications equipment provider’s stock worth $2,120,000 after acquiring an additional 4,072 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on KN. Zacks Research upgraded shares of Knowles from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Craig Hallum reaffirmed a “buy” rating and set a $38.00 target price on shares of Knowles in a report on Friday, April 24th. Robert W. Baird raised their target price on shares of Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.33.

Knowles Stock Down 2.3%

Shares of KN opened at $37.35 on Thursday. Knowles Corporation has a 12 month low of $16.73 and a 12 month high of $39.92. The firm’s 50 day moving average is $32.95 and its 200-day moving average is $27.40. The stock has a market capitalization of $3.20 billion, a PE ratio of 58.36 and a beta of 1.60. The company has a current ratio of 3.27, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17.

Knowles (NYSE:KN) last announced its earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 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 analysts’ expectations of $147.40 million. During the same period 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. Equities research analysts forecast that Knowles Corporation will post 0.94 EPS for the current year.

Insider Transactions at Knowles

In related news, VP Air A. Jr. Bastarrica sold 3,623 shares of Knowles stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $30.91, for a total value of $111,986.93. Following the transaction, the vice president directly owned 47,569 shares of the company’s stock, valued at $1,470,357.79. This trade represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jeffrey Niew sold 142,857 shares of Knowles stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $33.25, for a total transaction of $4,749,995.25. Following the completion of the transaction, the chief executive officer directly owned 883,719 shares in the company, valued at $29,383,656.75. This trade represents a 13.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 173,058 shares of company stock valued at $5,809,156. 2.24% of the stock is currently owned by company insiders.

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.