Oppenheimer Asset Management Inc. Purchases 10,672 Shares of Knowles Corporation $KN

Oppenheimer Asset Management Inc. lifted its stake in Knowles Corporation (NYSE:KN) by 71.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,553 shares of the communications equipment provider’s stock after buying an additional 10,672 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Knowles were worth $450,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Ariel Investments LLC raised its stake in shares of Knowles by 3.9% in the first quarter. Ariel Investments LLC now owns 4,657,747 shares of the communications equipment provider’s stock worth $70,798,000 after buying an additional 174,549 shares during the period. Wellington Management Group LLP grew its holdings in Knowles by 3.7% during the 1st quarter. Wellington Management Group LLP now owns 2,592,223 shares of the communications equipment provider’s stock valued at $39,402,000 after buying an additional 92,792 shares in the last quarter. Royce & Associates LP grew its holdings in Knowles by 31.5% during the 1st quarter. Royce & Associates LP now owns 1,611,679 shares of the communications equipment provider’s stock valued at $24,498,000 after buying an additional 386,155 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Knowles by 6.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,220,236 shares of the communications equipment provider’s stock worth $21,635,000 after purchasing an additional 70,078 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of Knowles by 4.2% in the 1st quarter. Raymond James Financial Inc. now owns 851,752 shares of the communications equipment provider’s stock worth $12,947,000 after purchasing an additional 34,042 shares during the period. Institutional investors own 96.35% of the company’s stock.

Analyst Ratings Changes

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

Knowles Stock Up 0.1%

Knowles stock opened at $23.64 on Friday. Knowles Corporation has a fifty-two week low of $12.19 and a fifty-two week high of $24.53. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.19 and a current ratio of 1.90. The company has a market cap of $2.03 billion, a PE ratio of 49.24 and a beta of 1.53. The business’s 50-day simple moving average is $22.78 and its two-hundred day simple moving average is $19.47.

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

Knowles Company Profile

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).