Voya Investment Management LLC Has $5.15 Million Stake in Knowles Corporation $KN

by · The Cerbat Gem

Voya Investment Management LLC boosted its holdings in shares of Knowles Corporation (NYSE:KN – Free Report) by 17.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,741 shares of the communications equipment provider’s stock after buying an additional 32,971 shares during the period. Voya Investment Management LLC owned about 0.26% of Knowles worth $5,145,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of KN. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Knowles by 4.1% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 14,648 shares of the communications equipment provider’s stock worth $258,000 after buying an additional 578 shares during the period. Osaic Holdings Inc. lifted its holdings 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 in the last quarter. Harbor Capital Advisors Inc. boosted its position in Knowles by 4.8% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 22,453 shares of the communications equipment provider’s stock valued at $396,000 after buying an additional 1,026 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Knowles by 6.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 22,330 shares of the communications equipment provider’s stock valued at $393,000 after buying an additional 1,352 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Knowles by 9.6% in the 1st quarter. Hsbc Holdings PLC now owns 16,095 shares of the communications equipment provider’s stock valued at $244,000 after buying an additional 1,415 shares during the period. Institutional investors own 96.35% of the company’s stock.

Knowles Stock Up 0.3%

Shares of NYSE KN opened at $22.07 on Friday. Knowles Corporation has a 52-week low of $12.19 and a 52-week high of $24.53. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.19 and a current ratio of 1.90. The stock has a market cap of $1.88 billion, a P/E ratio of 45.98 and a beta of 1.51. The firm has a 50 day moving average price of $22.69 and a 200 day moving average price of $21.15.

Knowles (NYSE:KN – Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.08. Knowles had a net margin of 7.27% and a return on equity of 8.98%. The company had revenue of $152.90 million for the quarter, compared to analysts’ expectations of $149.08 million. During the same period last year, the firm posted $0.26 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

Analysts Set New Price Targets

A number of analysts recently commented on KN shares. Wall Street Zen upgraded Knowles from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. Zacks Research raised shares of Knowles to a “hold” rating in a research note on Friday, December 19th. Weiss Ratings reissued a “hold (c-)” rating on shares of Knowles in a research note on Monday, December 15th. Robert W. Baird set a $30.00 price objective on shares of Knowles in a report on Friday, October 24th. Finally, Susquehanna lifted their target price on shares of Knowles from $18.00 to $23.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $27.00.

Get Our Latest Stock Report on Knowles

Insider Activity

In other Knowles news, CEO Jeffrey Niew sold 25,000 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $24.00, for a total value of $600,000.00. Following the completion of the sale, the chief executive officer directly owned 889,370 shares in the company, valued at $21,344,880. This represents a 2.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 186,656 shares of company stock valued at $4,421,469 in the last ninety days. 2.54% of the stock is owned by corporate insiders.

Knowles Company Profile

(Free Report)

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.

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