Moran Wealth Management LLC Has $1.14 Million Stake in Knowles Corporation $KN

Moran Wealth Management LLC lifted its stake in Knowles Corporation (NYSE:KN) by 63.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,494 shares of the communications equipment provider’s stock after acquiring an additional 17,250 shares during the period. Moran Wealth Management LLC’s holdings in Knowles were worth $1,143,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KN. Private Advisor Group LLC acquired a new position in Knowles during the first quarter valued at approximately $227,000. Y Intercept Hong Kong Ltd lifted its stake in shares of Knowles by 0.6% in the first quarter. Y Intercept Hong Kong Ltd now owns 76,098 shares of the communications equipment provider’s stock worth $1,954,000 after buying an additional 463 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of Knowles by 470.2% during the 1st quarter. Sterling Capital Management LLC now owns 26,638 shares of the communications equipment provider’s stock worth $684,000 after buying an additional 21,966 shares during the period. Louisiana State Employees Retirement System bought a new stake in shares of Knowles during the 1st quarter worth $968,000. Finally, Hsbc Holdings PLC grew its stake in Knowles by 18.3% in the 4th quarter. Hsbc Holdings PLC now owns 12,446 shares of the communications equipment provider’s stock valued at $267,000 after buying an additional 1,927 shares during the last quarter. Institutional investors own 96.35% of the company’s stock.

Knowles Stock Performance

NYSE KN traded down $2.88 during midday trading on Tuesday, hitting $33.89. The company had a trading volume of 119,157 shares, compared to its average volume of 855,135. The firm has a fifty day simple moving average of $37.19 and a two-hundred day simple moving average of $29.58. Knowles Corporation has a fifty-two week low of $17.34 and a fifty-two week high of $42.93. The company has a quick ratio of 1.77, a current ratio of 3.27 and a debt-to-equity ratio of 0.17. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 52.91 and a beta of 1.59.

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

Insiders Place Their Bets

In related news, CEO Jeffrey Niew sold 142,857 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $33.25, for a total value of $4,749,995.25. Following the completion of the transaction, the chief executive officer directly owned 883,719 shares in the company, valued at approximately $29,383,656.75. This represents a 13.92% 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, VP Air A. Jr. Bastarrica sold 3,623 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total value of $111,986.93. Following the completion of the transaction, the vice president directly 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 173,058 shares of company stock worth $5,809,156. 2.24% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

About Knowles

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.