Hodges Capital Management Inc. Takes Position in Knowles Corporation $KN

Hodges Capital Management Inc. acquired a new position in Knowles Corporation (NYSE:KN) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 80,550 shares of the communications equipment provider’s stock, valued at approximately $1,878,000. Hodges Capital Management Inc. owned approximately 0.09% of Knowles as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently modified their holdings of KN. Osaic Holdings Inc. increased its position in shares of 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 acquiring an additional 895 shares during the last quarter. State of Wyoming bought a new position in Knowles in the 3rd quarter valued at $105,000. CWM LLC increased its position in shares of Knowles by 283.2% during the 2nd quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock valued at $181,000 after purchasing an additional 7,586 shares during the last quarter. LSV Asset Management bought a new stake in shares of Knowles during the 3rd quarter worth $182,000. Finally, Choreo LLC purchased a new position in shares of Knowles in the 2nd quarter worth about $202,000. Institutional investors own 96.35% of the company’s stock.

Analysts Set New Price Targets

KN has been the subject of several research analyst reports. Susquehanna raised their price target on shares of Knowles from $18.00 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Robert W. Baird set a $30.00 price objective on Knowles in a report on Friday, October 24th. Craig Hallum reaffirmed a “buy” rating and set a $30.00 price objective on shares of Knowles in a report on Friday, February 6th. Zacks Research downgraded shares of Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research report on Monday, December 29th. Two research 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $27.67.

Knowles Trading Down 0.5%

Shares of Knowles stock opened at $27.15 on Wednesday. The company’s 50-day moving average price is $23.86 and its 200-day moving average price is $22.82. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 53.23 and a beta of 1.52. 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.

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

Insiders Place Their Bets

In related news, VP Air A. Jr. Bastarrica sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $26.76, for a total value of $321,120.00. Following the sale, the vice president directly owned 48,200 shares of the company’s stock, valued at $1,289,832. This trade represents a 19.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Daniel J. Giesecke sold 15,885 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was 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 directly owned 164,963 shares of the company’s stock, valued at approximately $4,490,292.86. This represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 241,051 shares of company stock worth $6,156,777. 2.54% of the stock is owned by corporate insiders.

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.