Cramer Rosenthal Mcglynn LLC Buys 75,367 Shares of Knowles Corporation $KN

Cramer Rosenthal Mcglynn LLC boosted its stake in shares of Knowles Corporation (NYSE:KNFree Report) by 5.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,421,713 shares of the communications equipment provider’s stock after buying an additional 75,367 shares during the quarter. Knowles accounts for 2.1% of Cramer Rosenthal Mcglynn LLC’s portfolio, making the stock its 11th biggest position. Cramer Rosenthal Mcglynn LLC’s holdings in Knowles were worth $33,140,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of KN. Royal Bank of Canada boosted its stake in shares of Knowles by 27.0% during the first 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Knowles by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock valued at $786,000 after buying an additional 2,245 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Knowles by 7.1% during 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 valued at $3,626,000 after buying an additional 15,827 shares during the period. Jane Street Group LLC bought a new stake in Knowles in the 1st quarter worth $3,335,000. Finally, Envestnet Asset Management Inc. increased its position in shares of Knowles by 10.9% in the second quarter. Envestnet Asset Management Inc. now owns 45,047 shares of the communications equipment provider’s stock valued at $794,000 after acquiring an additional 4,427 shares during the period. 96.35% of the stock is owned by hedge funds and other institutional investors.

Knowles Stock Performance

Knowles stock opened at $25.72 on Friday. Knowles Corporation has a fifty-two week low of $12.19 and a fifty-two week high of $28.74. The stock’s 50 day simple moving average is $25.01 and its two-hundred day simple moving average is $23.38. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.58 and a current ratio of 2.75. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 50.43 and a beta of 1.49.

Knowles (NYSE:KNGet Free Report) last announced its earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. Knowles had a return on equity of 9.76% and a net margin of 7.45%.The firm had revenue of $162.20 million during the quarter, compared to analyst estimates of $156.23 million. During the same quarter in the prior year, the company earned $0.27 EPS. The business’s revenue was up 13.8% compared to the same quarter last year. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Trending Headlines about Knowles

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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 the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $27.88, for a total transaction of $257,081.48. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 273,742 shares of company stock worth $7,149,780. 2.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

KN has been the subject of a number of analyst reports. Craig Hallum reiterated a “buy” rating and set a $30.00 target price on shares of Knowles in a report on Friday, February 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Finally, Zacks Research cut Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Knowles has an average rating of “Hold” and an average price target of $27.67.

Read Our Latest Analysis on Knowles

Knowles Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Knowles (NYSE:KN)

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