Knowles Corporation $KN Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its holdings in shares of Knowles Corporation (NYSE:KN) by 24.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 72,170 shares of the communications equipment provider’s stock after selling 22,772 shares during the quarter. Teacher Retirement System of Texas owned 0.08% of Knowles worth $1,272,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KN. Meeder Asset Management Inc. increased its position 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 in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Knowles during the 1st quarter worth approximately $106,000. GAMMA Investing LLC increased its position in Knowles by 118.8% during the 2nd quarter. GAMMA Investing LLC now owns 6,482 shares of the communications equipment provider’s stock worth $114,000 after purchasing an additional 3,520 shares in the last quarter. CWM LLC increased its position in Knowles by 283.2% during the 2nd quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock worth $181,000 after purchasing an additional 7,586 shares in the last quarter. Finally, AlphaQuest LLC acquired a new stake in Knowles during the 1st quarter worth approximately $193,000. Institutional investors and hedge funds own 96.35% of the company’s stock.

Insider Transactions at Knowles

In related news, CEO Jeffrey Niew sold 98,252 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $23.71, for a total transaction of $2,329,554.92. Following the transaction, the chief executive officer directly owned 939,370 shares in the company, valued at $22,272,462.70. This trade represents a 9.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.54% of the stock is owned by company insiders.

Analyst Ratings Changes

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

Knowles Stock Performance

Shares of KN opened at $23.06 on Thursday. The business’s fifty day moving average price is $22.88 and its 200 day moving average price is $19.66. Knowles Corporation has a 12-month low of $12.19 and a 12-month high of $24.53. The stock has a market capitalization of $1.96 billion, a PE ratio of 48.03 and a beta of 1.53. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.90 and a quick ratio of 1.19.

Knowles (NYSE:KN) last announced its quarterly earnings data on Thursday, October 23rd. The communications equipment provider reported $0.33 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $152.90 million for the quarter, compared to analysts’ expectations of $149.08 million. During the same period last year, the business posted $0.26 earnings per share. The firm’s revenue for the quarter 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).