UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Position in Knowles Corporation $KN

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Knowles Corporation (NYSE:KN) by 7.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,691 shares of the communications equipment provider’s stock after acquiring an additional 14,222 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.25% of Knowles worth $8,822,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Royal Bank of Canada grew its stake in Knowles by 27.0% in the 1st 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. raised its stake in shares of 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 worth $786,000 after purchasing an additional 2,245 shares during the period. Jane Street Group LLC purchased a new position in shares of Knowles in the 1st quarter worth about $3,335,000. Norges Bank purchased a new position in shares of Knowles in the 2nd quarter worth about $1,255,000. Finally, Marshall Wace LLP grew its position in Knowles by 81.5% during the second quarter. Marshall Wace LLP now owns 415,366 shares of the communications equipment provider’s stock valued at $7,319,000 after buying an additional 186,536 shares during the period. 96.35% of the stock is currently owned by institutional investors.

Knowles Trading Down 0.1%

NYSE:KN opened at $35.44 on Tuesday. Knowles Corporation has a 1 year low of $20.57 and a 1 year high of $42.93. The stock’s fifty day moving average price is $36.53 and its two-hundred day moving average price is $33.50. 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 company has a market cap of $3.03 billion, a P/E ratio of 46.03 and a beta of 1.59.

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

Insider Transactions at Knowles

In other news, Director Cheryl L. Shavers sold 6,618 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $39.27, for a total value of $259,888.86. Following the sale, the director directly owned 35,723 shares of the company’s stock, valued at approximately $1,402,842.21. This represents a 15.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Raymond D. Cabrera sold 6,178 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $36.28, for a total transaction of $224,137.84. Following the completion of the transaction, the senior vice president owned 127,945 shares of the company’s stock, valued at $4,641,844.60. This trade represents a 4.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.24% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on KN shares. Wall Street Zen downgraded shares of Knowles from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Susquehanna boosted their target price on shares of Knowles from $33.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Robert W. Baird set a $44.00 target price on shares of Knowles in a research report on Friday, July 24th. Zacks Research upgraded shares of Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Finally, Weiss Ratings cut shares of Knowles from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $40.67.

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.