Madison Asset Management LLC Purchases Shares of 197,472 Knowles Corporation $KN

Madison Asset Management LLC acquired a new position in shares of Knowles Corporation (NYSE:KN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 197,472 shares of the communications equipment provider’s stock, valued at approximately $8,191,000. Madison Asset Management LLC owned about 0.23% of Knowles as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in KN. BlackRock Inc. bought a new position in shares of Knowles during the second quarter worth approximately $571,614,000. Andar Capital Management HK Ltd bought a new stake in Knowles in the 2nd quarter valued at $117,000,000. Ameriprise Financial Inc. grew its holdings in Knowles by 365.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock valued at $32,502,000 after buying an additional 1,094,715 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Knowles in the 2nd quarter valued at $21,568,000. Finally, Franklin Resources Inc. grew its holdings in Knowles by 10.5% in the 3rd quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock valued at $119,072,000 after buying an additional 484,500 shares in the last quarter. Institutional investors own 96.35% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on KN shares. Susquehanna lifted their target price on Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Wall Street Zen downgraded shares of Knowles from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Zacks Research raised shares of Knowles from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded shares of Knowles from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 14th. Finally, Craig Hallum reissued a “buy” rating and issued a $38.00 price objective on shares of Knowles in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $40.67.

Knowles Stock Down 3.3%

NYSE KN opened at $34.87 on Thursday. The business has a fifty day moving average price of $38.19 and a two-hundred day moving average price of $32.76. The stock has a market capitalization of $2.98 billion, a PE ratio of 45.29 and a beta of 1.60. Knowles Corporation has a fifty-two week low of $20.10 and a fifty-two week high of $42.93. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.20 and a quick ratio of 1.75.

Knowles (NYSE:KN) last issued its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $156.97 million. During the same quarter last year, the company posted $0.24 EPS. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. Equities analysts expect that Knowles Corporation will post 1.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Knowles

In other Knowles news, COO Daniel J. Giesecke sold 20,201 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $37.32, for a total transaction of $753,901.32. Following the completion of the transaction, the chief operating officer owned 175,855 shares of the company’s stock, valued at approximately $6,562,908.60. The trade was a 10.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Cheryl L. Shavers sold 6,618 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $39.27, for a total transaction of $259,888.86. Following the completion of the transaction, the director directly owned 35,723 shares of the company’s stock, valued at $1,402,842.21. This trade represents a 15.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 32,997 shares of company stock worth $1,237,928 over the last 90 days. Insiders own 2.24% of the company’s stock.

Knowles Company 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.