Knowles Corporation $KN Shares Purchased by Cwm LLC

Cwm LLC increased its stake in shares of Knowles Corporation (NYSE:KN) by 283.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 10,265 shares of the communications equipment provider’s stock after acquiring an additional 7,586 shares during the period. Cwm LLC’s holdings in Knowles were worth $181,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Smartleaf Asset Management LLC increased its holdings in Knowles by 4.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 13,105 shares of the communications equipment provider’s stock worth $201,000 after purchasing an additional 592 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Knowles by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 17,110 shares of the communications equipment provider’s stock worth $260,000 after purchasing an additional 759 shares during the last quarter. Harbor Capital Advisors Inc. increased its holdings in Knowles by 4.8% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 22,453 shares of the communications equipment provider’s stock worth $396,000 after purchasing an additional 1,026 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in Knowles by 47.0% during the 1st quarter. Meeder Asset Management Inc. now owns 3,703 shares of the communications equipment provider’s stock worth $56,000 after purchasing an additional 1,184 shares during the last quarter. Finally, Hsbc Holdings PLC increased its holdings in Knowles by 9.6% during the 1st quarter. Hsbc Holdings PLC now owns 16,095 shares of the communications equipment provider’s stock worth $244,000 after purchasing an additional 1,415 shares during the last quarter. 96.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on KN. Craig Hallum set a $28.00 price target on Knowles and gave the company a “buy” rating in a report on Friday, October 24th. Wall Street Zen upgraded Knowles from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 13th. Robert W. Baird set a $30.00 price target on Knowles in a report on Friday, October 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Knowles in a report on Wednesday, October 8th. Finally, Susquehanna boosted their price target on Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.00.

Knowles Trading Up 0.3%

NYSE:KN opened at $23.57 on Thursday. Knowles Corporation has a 1 year low of $12.19 and a 1 year high of $24.53. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 49.10 and a beta of 1.53. The business has a fifty day moving average of $22.67 and a 200-day moving average of $19.35. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.19 and a current ratio of 1.90.

Knowles (NYSE:KN) last announced its earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.08. Knowles had a return on equity of 8.98% and a net margin of 7.27%.The business had revenue of $152.90 million during the quarter, compared to analysts’ expectations of $149.08 million. During the same quarter last year, the business posted $0.26 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

About Knowles

Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).