Public Sector Pension Investment Board Increases Position in Knowles Corporation $KN

Public Sector Pension Investment Board grew its holdings in shares of Knowles Corporation (NYSE:KN) by 13.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 334,980 shares of the communications equipment provider’s stock after purchasing an additional 38,451 shares during the period. Public Sector Pension Investment Board’s holdings in Knowles were worth $7,808,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Osaic Holdings Inc. raised its stake in Knowles by 94.5% during the second quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after buying an additional 895 shares during the last quarter. State of Wyoming purchased a new position in shares of Knowles in the 3rd quarter worth about $105,000. CWM LLC raised its position in shares of Knowles by 283.2% in the 2nd quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock worth $181,000 after purchasing an additional 7,586 shares during the last quarter. LSV Asset Management bought a new position in Knowles in the 3rd quarter worth about $182,000. Finally, Choreo LLC purchased a new stake in Knowles during the 2nd quarter valued at about $202,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Wall Street Analysts Forecast Growth

KN has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Susquehanna increased their price target on shares of Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Robert W. Baird set a $30.00 price objective on shares of Knowles in a report on Friday, October 24th. Zacks Research cut Knowles from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 12th. Finally, Craig Hallum restated a “buy” rating and issued a $30.00 price target on shares of Knowles in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Knowles presently has an average rating of “Hold” and an average target price of $27.67.

Knowles Stock Down 0.5%

NYSE KN opened at $27.15 on Wednesday. Knowles Corporation has a 12 month low of $12.19 and a 12 month high of $27.73. 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 market cap of $2.30 billion, a PE ratio of 53.23 and a beta of 1.52. The stock’s 50 day moving average is $23.86 and its 200 day moving average is $22.82.

Knowles (NYSE:KN) last announced its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $156.23 million. During the same period last year, the firm posted $0.27 EPS. The company’s revenue was up 13.8% on a year-over-year basis. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Insider Buying and Selling

In other Knowles news, COO Daniel J. Giesecke sold 15,885 shares of the stock in a transaction dated Monday, February 9th. The shares were 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 of the company’s stock, valued at $4,490,292.86. This represents a 8.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey Niew sold 75,000 shares of Knowles stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $26.50, for a total value of $1,987,500.00. Following the completion of the sale, the chief executive officer directly owned 739,370 shares in the company, valued at $19,593,305. This trade represents a 9.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 241,051 shares of company stock worth $6,156,777 in the last 90 days. 2.54% of the stock is owned by company insiders.

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.