Knowles Corporation $KN Shares Bought by Aberdeen Group plc

Aberdeen Group plc boosted its holdings in shares of Knowles Corporation (NYSE:KN) by 72.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 634,355 shares of the communications equipment provider’s stock after purchasing an additional 267,400 shares during the period. Aberdeen Group plc owned about 0.74% of Knowles worth $13,594,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in Knowles by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 45,669 shares of the communications equipment provider’s stock valued at $1,065,000 after purchasing an additional 622 shares during the period. Illinois Municipal Retirement Fund grew its stake in shares of Knowles by 1.8% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 44,965 shares of the communications equipment provider’s stock worth $1,048,000 after purchasing an additional 787 shares during the period. Amundi grew its stake in shares of Knowles by 4.3% during the 3rd quarter. Amundi now owns 19,691 shares of the communications equipment provider’s stock worth $481,000 after purchasing an additional 816 shares during the period. Osaic Holdings Inc. grew its stake in shares of Knowles by 94.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock worth $31,000 after purchasing an additional 895 shares during the period. Finally, CWM LLC grew its stake in shares of Knowles by 9.0% during the 3rd quarter. CWM LLC now owns 11,191 shares of the communications equipment provider’s stock worth $261,000 after purchasing an additional 926 shares during the period. 96.35% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Air A. Jr. Bastarrica sold 12,000 shares of Knowles stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $26.76, for a total value of $321,120.00. Following the sale, the vice president owned 48,200 shares in the company, valued at $1,289,832. This trade represents a 19.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Raymond D. Cabrera sold 10,000 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $26.75, for a total value of $267,500.00. Following the completion of the transaction, the senior vice president directly owned 102,019 shares of the company’s stock, valued at approximately $2,729,008.25. This represents a 8.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 248,742 shares of company stock valued at $6,549,780. 2.24% of the stock is owned by company insiders.

Knowles Stock Performance

NYSE KN opened at $26.48 on Wednesday. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 51.93 and a beta of 1.49. Knowles Corporation has a twelve month low of $12.70 and a twelve month high of $28.74. The company has a current ratio of 2.75, a quick ratio of 1.58 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average of $25.99 and a 200 day moving average of $24.04.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Zacks Research cut shares of Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Finally, Craig Hallum reaffirmed a “buy” rating and set a $30.00 price objective on shares of Knowles in a research note on Friday, February 6th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $27.67.

Knowles Profile

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.