American Century Companies Inc. Buys 469,286 Shares of Knowles Corporation $KN

American Century Companies Inc. raised its stake in shares of Knowles Corporation (NYSE:KN) by 95.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 958,387 shares of the communications equipment provider’s stock after buying an additional 469,286 shares during the quarter. American Century Companies Inc. owned about 1.13% of Knowles worth $22,340,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Aberdeen Group plc bought a new stake in shares of Knowles during the third quarter valued at approximately $8,535,000. Hodges Capital Management Inc. bought a new position in Knowles in the 3rd quarter valued at approximately $1,878,000. Creative Planning boosted its stake in Knowles by 26.9% during the 2nd quarter. Creative Planning now owns 247,826 shares of the communications equipment provider’s stock valued at $4,367,000 after purchasing an additional 52,552 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in shares of Knowles by 13.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 334,980 shares of the communications equipment provider’s stock worth $7,808,000 after purchasing an additional 38,451 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Knowles in the 3rd quarter worth $1,388,000. 96.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Zacks Research downgraded Knowles from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. Craig Hallum reiterated a “buy” rating and issued a $30.00 price objective on shares of Knowles in a report on Friday, February 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.67.

Knowles Price Performance

NYSE KN opened at $25.16 on Tuesday. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 49.32 and a beta of 1.48. Knowles Corporation has a 1-year low of $12.19 and a 1-year high of $28.74. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.75 and a quick ratio of 1.58. The business’s fifty day moving average price is $25.13 and its 200-day moving average price is $23.49.

Knowles (NYSE:KN) last posted its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.36 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 return on equity of 9.76% and a net margin of 7.45%.Knowles’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 earnings per share. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Insider Buying and Selling

In related news, Director Keith Barnes sold 41,048 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $27.16, for a total transaction of $1,114,863.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Daniel J. Giesecke sold 15,885 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $27.22, for a total transaction of $432,389.70. Following the completion of the transaction, the chief operating officer owned 164,963 shares in the company, valued at $4,490,292.86. The trade was a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 273,742 shares of company stock valued at $7,149,780 in the last 90 days. 2.54% of the stock is owned by insiders.

About Knowles

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.