AE Wealth Management LLC Purchases 4,901 Shares of Knowles Corporation $KN

AE Wealth Management LLC increased its position in Knowles Corporation (NYSE:KN) by 37.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,862 shares of the communications equipment provider’s stock after purchasing an additional 4,901 shares during the quarter. AE Wealth Management LLC’s holdings in Knowles were worth $315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KN. Meeder Asset Management Inc. grew its holdings in Knowles by 47.0% during the first quarter. Meeder Asset Management Inc. now owns 3,703 shares of the communications equipment provider’s stock valued at $56,000 after purchasing an additional 1,184 shares during the period. GAMMA Investing LLC raised its stake in Knowles by 118.8% in the second quarter. GAMMA Investing LLC now owns 6,482 shares of the communications equipment provider’s stock valued at $114,000 after buying an additional 3,520 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in Knowles during the first quarter worth $106,000. CWM LLC lifted its position in Knowles by 283.2% during the second quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock worth $181,000 after acquiring an additional 7,586 shares during the last quarter. Finally, AlphaQuest LLC acquired a new position in Knowles in the 1st quarter valued at $193,000. Institutional investors own 96.35% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at Knowles

In related news, CEO Jeffrey Niew sold 98,252 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $23.71, for a total value of $2,329,554.92. Following the transaction, the chief executive officer owned 939,370 shares of the company’s stock, valued at $22,272,462.70. This represents a 9.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.54% of the company’s stock.

Knowles Stock Down 1.1%

Shares of NYSE KN opened at $21.63 on Monday. The business has a 50-day simple moving average of $23.02 and a two-hundred day simple moving average of $20.03. The company has a quick ratio of 1.19, a current ratio of 1.90 and a debt-to-equity ratio of 0.14. The company has a market cap of $1.84 billion, a P/E ratio of 45.06 and a beta of 1.53. Knowles Corporation has a 52 week low of $12.19 and a 52 week high of $24.53.

Knowles (NYSE:KN) last announced its quarterly earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.25 by $0.08. The firm had revenue of $152.90 million during the quarter, compared to the consensus estimate of $149.08 million. Knowles had a net margin of 7.27% and a return on equity of 8.98%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the firm earned $0.26 EPS. 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).