Sterling Capital Management LLC Purchases 21,966 Shares of Knowles Corporation $KN

Sterling Capital Management LLC boosted its position in Knowles Corporation (NYSE:KN) by 470.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,638 shares of the communications equipment provider’s stock after buying an additional 21,966 shares during the quarter. Sterling Capital Management LLC’s holdings in Knowles were worth $684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. 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 acquiring an additional 895 shares during the period. McMillan Office Inc. bought a new stake in Knowles in the 4th quarter valued at about $39,000. Torren Management LLC purchased a new stake in Knowles during the fourth quarter valued at about $43,000. NBC Securities Inc. purchased a new stake in Knowles during the fourth quarter valued at about $52,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Knowles in the fourth quarter worth about $54,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Insider Activity

In other Knowles news, VP Air A. Jr. Bastarrica sold 3,623 shares of Knowles stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $30.91, for a total transaction of $111,986.93. Following the completion of the sale, the vice president directly owned 47,569 shares in the company, valued at $1,470,357.79. The trade was a 7.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jeffrey Niew sold 142,857 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $33.25, for a total transaction of $4,749,995.25. Following the completion of the transaction, the chief executive officer directly owned 883,719 shares of the company’s stock, valued at approximately $29,383,656.75. This represents a 13.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 173,058 shares of company stock worth $5,809,156. 2.24% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on KN. Zacks Research lowered shares of Knowles from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Robert W. Baird boosted their target price on shares of Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Craig Hallum restated a “buy” rating and set a $38.00 target price on shares of Knowles in a research report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Knowles currently has a consensus rating of “Hold” and a consensus price target of $33.33.

Knowles Stock Down 2.3%

KN opened at $40.52 on Thursday. The company has a fifty day moving average price of $36.85 and a 200-day moving average price of $29.28. The firm has a market capitalization of $3.47 billion, a P/E ratio of 63.32 and a beta of 1.59. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.27 and a quick ratio of 1.77. Knowles Corporation has a one year low of $17.34 and a one year high of $42.93.

Knowles (NYSE:KN) last issued its quarterly earnings data on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $153.10 million for the quarter, compared to the consensus estimate of $147.40 million. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 earnings per share. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Equities research analysts expect that Knowles Corporation will post 0.94 earnings per share for the current fiscal year.

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.