Nordea Investment Management AB Sells 63,044 Shares of Knowles Corporation $KN

Nordea Investment Management AB reduced its position in shares of Knowles Corporation (NYSE:KN) by 12.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 445,889 shares of the communications equipment provider’s stock after selling 63,044 shares during the period. Nordea Investment Management AB owned 0.52% of Knowles worth $9,591,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of KN. Royal Bank of Canada raised its position in Knowles by 27.0% during the 1st quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider’s stock valued at $1,064,000 after purchasing an additional 14,900 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Knowles by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock worth $786,000 after buying an additional 2,245 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Knowles by 7.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,557 shares of the communications equipment provider’s stock worth $3,626,000 after buying an additional 15,827 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Knowles during the first quarter valued at approximately $3,335,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Knowles by 6.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 22,330 shares of the communications equipment provider’s stock valued at $393,000 after acquiring an additional 1,352 shares in the last quarter. 96.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, SVP Raymond D. Cabrera sold 10,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $26.75, for a total value of $267,500.00. Following the sale, the senior vice president directly owned 102,019 shares of the company’s stock, valued at $2,729,008.25. This represents a 8.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Robert J. Perna sold 9,221 shares of Knowles stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $27.88, for a total transaction of $257,081.48. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 248,742 shares of company stock worth $6,549,780. 2.24% of the stock is currently owned by corporate insiders.

Knowles Stock Up 1.2%

KN stock opened at $26.61 on Thursday. Knowles Corporation has a fifty-two week low of $12.19 and a fifty-two week high of $28.74. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 52.18 and a beta of 1.49. The business’s 50 day moving average price is $25.75 and its two-hundred day moving average price is $23.79. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.58 and a current ratio of 2.75.

Knowles (NYSE:KN) last released its earnings results 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. Knowles had a return on equity of 9.76% and a net margin of 7.45%.The company had revenue of $162.20 million during the quarter, compared to analysts’ expectations of $156.23 million. During the same quarter last year, the business posted $0.27 EPS. The firm’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.

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.