40,453 Shares in Knowles Corporation $KN Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in shares of Knowles Corporation (NYSE:KN) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 40,453 shares of the communications equipment provider’s stock, valued at approximately $1,678,000.

Other large investors have also recently bought and sold shares of the company. Millstone Evans Group LLC boosted its position in shares of Knowles by 212.9% during the first quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider’s stock worth $25,000 after purchasing an additional 662 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Knowles by 35.9% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,151 shares of the communications equipment provider’s stock valued at $48,000 after buying an additional 304 shares in the last quarter. McMillan Office Inc. bought a new stake in shares of Knowles in the 4th quarter valued at $39,000. Osaic Holdings Inc. raised its stake in 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 buying an additional 895 shares during the period. Finally, Hilltop National Bank acquired a new stake in Knowles during the 2nd quarter worth $80,000. Institutional investors own 96.35% of the company’s stock.

Knowles Price Performance

Shares of KN opened at $38.51 on Monday. The company’s 50-day moving average is $38.26 and its 200-day moving average is $32.49. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.20 and a quick ratio of 1.75. The firm has a market capitalization of $3.29 billion, a PE ratio of 50.02 and a beta of 1.60. Knowles Corporation has a fifty-two week low of $20.08 and a fifty-two week high of $42.93.

Knowles (NYSE:KN) last announced its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. The business had revenue of $166.80 million for the quarter, compared to analyst estimates of $156.97 million. Knowles had a net margin of 10.63% and a return on equity of 11.45%. Knowles’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.24 EPS. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. Equities analysts forecast that Knowles Corporation will post 1.02 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on KN shares. Susquehanna boosted their target price on Knowles from $33.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Zacks Research upgraded Knowles from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Wall Street Zen cut Knowles from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Weiss Ratings upgraded shares of Knowles from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Finally, Robert W. Baird set a $44.00 price target on shares of Knowles in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Knowles presently has an average rating of “Moderate Buy” and a consensus target price of $40.67.

Insider Buying and Selling

In other news, SVP Raymond D. Cabrera sold 6,178 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $36.28, for a total value of $224,137.84. Following the transaction, the senior vice president owned 127,945 shares of the company’s stock, valued at approximately $4,641,844.60. This represents a 4.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Daniel J. Giesecke sold 20,201 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $37.32, for a total value of $753,901.32. Following the transaction, the chief operating officer owned 175,855 shares in the company, valued at approximately $6,562,908.60. This trade represents a 10.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.24% of the company’s stock.

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.