Anchor Capital Management Company LLC bought a new stake in shares of Knowles Corporation (NYSE:KN – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 189,817 shares of the communications equipment provider’s stock, valued at approximately $4,875,000. Knowles accounts for 5.3% of Anchor Capital Management Company LLC’s holdings, making the stock its 7th biggest holding.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KN. Franklin Resources Inc. grew its position in shares of Knowles by 10.5% during the 3rd quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock valued at $119,072,000 after acquiring an additional 484,500 shares during the period. Goldman Sachs Group Inc. raised its holdings in Knowles by 7.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,806,916 shares of the communications equipment provider’s stock worth $60,152,000 after purchasing an additional 205,573 shares during the period. Ameriprise Financial Inc. raised its holdings in Knowles by 365.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock worth $32,502,000 after purchasing an additional 1,094,715 shares during the period. Raymond James Financial Inc. lifted its position in Knowles by 52.8% during the third quarter. Raymond James Financial Inc. now owns 1,360,918 shares of the communications equipment provider’s stock valued at $31,723,000 after purchasing an additional 470,100 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Knowles by 7.5% during the third quarter. Bank of America Corp DE now owns 825,344 shares of the communications equipment provider’s stock valued at $19,239,000 after purchasing an additional 57,899 shares in the last quarter. 96.35% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. Zacks Research lowered Knowles from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Robert W. Baird set a $44.00 price objective on Knowles in a research note on Friday. Susquehanna lifted their price objective on Knowles from $33.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday. Craig Hallum reiterated a “buy” rating and set a $38.00 price objective on shares of Knowles in a research note on Friday, April 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $40.67.
Knowles Stock Down 3.3%
KN opened at $37.52 on Friday. The stock has a market cap of $3.21 billion, a price-to-earnings ratio of 48.72 and a beta of 1.59. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27. The firm’s fifty day moving average is $38.00 and its 200 day moving average is $30.95. Knowles Corporation has a fifty-two week low of $19.28 and a fifty-two week high of $42.93.
Knowles (NYSE:KN – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The business had revenue of $166.80 million during the quarter, compared to analyst estimates of $156.97 million. Knowles had a return on equity of 11.55% and a net margin of 10.63%.Knowles’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 EPS. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. On average, sell-side analysts forecast that Knowles Corporation will post 0.94 earnings per share for the current fiscal year.
Insider Transactions at Knowles
In related news, VP Air A. Jr. Bastarrica sold 3,623 shares of Knowles stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total transaction of $111,986.93. Following the sale, the vice president owned 47,569 shares of the company’s stock, valued at approximately $1,470,357.79. This trade represents a 7.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Daniel J. Giesecke sold 20,201 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $37.32, for a total value of $753,901.32. Following the completion of the transaction, the chief operating officer directly owned 175,855 shares in the company, valued at approximately $6,562,908.60. This represents a 10.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 173,058 shares of company stock valued at $5,809,156 over the last 90 days. Company insiders own 2.24% of the company’s stock.
Key Stories Impacting Knowles
Here are the key news stories impacting Knowles this week:
- Positive Sentiment: Knowles beat Q2 earnings and revenue estimates, showing stronger-than-expected demand across its specialty electronic components business. Knowles (KN) Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company raised the outlook for Q3 2026, with EPS guidance of $0.34-$0.38 and revenue guidance of $167.0 million-$177.0 million, both above consensus estimates. Knowles Reports Q2 2026 Financial Results and Provides Outlook for Q3 2026
- Positive Sentiment: Commentary around a “bullish” Q2 and optimistic near-term revenue guidance reinforced the view that operating momentum is improving. Knowles (NYSE:KN) Reports Bullish Q2 CY2026, Provides Optimistic Revenue Guidance for Next Quarter
- Neutral Sentiment: The earnings call transcript and snapshot articles mainly repeat the same results and guidance, adding little new information beyond the headline beat. Knowles Corporation (KN) Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Several unrelated entertainment articles about Matthew Knowles and Destiny’s Child are not connected to Knowles Corporation’s fundamentals. Mathew Knowles Says Unreleased Destiny’s Child Remixes Are Coming
Knowles Company 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.
Featured Articles
- Five stocks we like better than Knowles
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Want to see what other hedge funds are holding KN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knowles Corporation (NYSE:KN – Free Report).
Receive News & Ratings for Knowles Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knowles and related companies with MarketBeat.com's FREE daily email newsletter.
