366,955 Shares in Knowles Corporation $KN Acquired by Aberdeen Group plc

Aberdeen Group plc bought a new position in shares of Knowles Corporation (NYSE:KNFree Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 366,955 shares of the communications equipment provider’s stock, valued at approximately $8,535,000. Aberdeen Group plc owned about 0.43% of Knowles at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. lifted its position in Knowles by 4.6% during the 2nd quarter. Raymond James Financial Inc. now owns 890,818 shares of the communications equipment provider’s stock worth $15,696,000 after acquiring an additional 39,066 shares during the period. Bank of America Corp DE boosted its holdings in Knowles by 25.8% during the second quarter. Bank of America Corp DE now owns 767,445 shares of the communications equipment provider’s stock worth $13,522,000 after buying an additional 157,547 shares in the last quarter. Sei Investments Co. grew its position in shares of Knowles by 34.7% during the 2nd quarter. Sei Investments Co. now owns 577,161 shares of the communications equipment provider’s stock valued at $10,170,000 after acquiring an additional 148,805 shares during the period. Nordea Investment Management AB increased its position in shares of Knowles by 3.5% in the third quarter. Nordea Investment Management AB now owns 508,933 shares of the communications equipment provider’s stock valued at $11,868,000 after buying an additional 17,274 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in Knowles by 161.4% in the 2nd quarter. American Century Companies Inc. now owns 489,101 shares of the communications equipment provider’s stock worth $8,618,000 after acquiring an additional 302,008 shares in the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.

Knowles Stock Up 0.4%

Shares of NYSE:KN opened at $27.28 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.58 and a current ratio of 2.75. The company has a market capitalization of $2.32 billion, a PE ratio of 53.49 and a beta of 1.52. Knowles Corporation has a 52 week low of $12.19 and a 52 week high of $27.73. The company’s fifty day moving average is $23.99 and its 200-day moving average is $22.89.

Knowles (NYSE:KNGet Free Report) last posted its earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $162.20 million during the quarter, compared to analysts’ expectations of $156.23 million. Knowles had a net margin of 7.45% and a return on equity of 9.76%. Knowles’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 earnings per share. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Analysts Set New Price Targets

KN has been the subject of several research reports. Craig Hallum reiterated a “buy” rating and set a $30.00 price target on shares of Knowles in a research report on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research report on Monday, December 29th. Zacks Research downgraded Knowles from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. Finally, Robert W. Baird set a $30.00 price target on shares of Knowles in a research report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Knowles has an average rating of “Hold” and an average price target of $27.67.

View Our Latest Report on KN

Insider Buying and Selling at Knowles

In related news, COO Daniel J. Giesecke sold 15,885 shares of Knowles stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $27.22, for a total value of $432,389.70. Following the completion of the sale, the chief operating officer directly owned 164,963 shares in the company, valued at $4,490,292.86. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey Niew sold 75,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $26.50, for a total transaction of $1,987,500.00. Following the completion of the transaction, the chief executive officer directly owned 739,370 shares in the company, valued at $19,593,305. This trade represents a 9.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 241,051 shares of company stock valued at $6,156,777 over the last ninety days. Company insiders own 2.54% of the company’s stock.

About Knowles

(Free Report)

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.

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Institutional Ownership by Quarter for Knowles (NYSE:KN)

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