Hantz Financial Services Inc. Sells 58,096 Shares of Knowles Corporation $KN

Hantz Financial Services Inc. lessened its holdings in shares of Knowles Corporation (NYSE:KN) by 72.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,130 shares of the communications equipment provider’s stock after selling 58,096 shares during the quarter. Hantz Financial Services Inc.’s holdings in Knowles were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KN. Royal Bank of Canada raised its holdings in shares of Knowles by 27.0% during the first quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider’s stock valued at $1,064,000 after acquiring an additional 14,900 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Knowles by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock valued at $786,000 after acquiring an additional 2,245 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Knowles by 7.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,557 shares of the communications equipment provider’s stock valued at $3,626,000 after acquiring an additional 15,827 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Knowles during the first quarter valued at approximately $3,335,000. Finally, Norges Bank bought a new position in shares of Knowles during the second quarter valued at approximately $1,255,000. Institutional investors own 96.35% of the company’s stock.

Knowles Trading Up 1.1%

NYSE KN opened at $38.04 on Friday. The company has a quick ratio of 1.77, a current ratio of 3.27 and a debt-to-equity ratio of 0.17. Knowles Corporation has a twelve month low of $16.11 and a twelve month high of $38.40. The firm has a market capitalization of $3.26 billion, a PE ratio of 59.44 and a beta of 1.56. The stock’s 50 day moving average is $30.64 and its 200 day moving average is $26.35.

Knowles (NYSE:KN) last released its earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The business had revenue of $153.10 million for the quarter, compared to the consensus estimate of $147.40 million. During the same period in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Research analysts forecast that Knowles Corporation will post 0.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Knowles

In other Knowles news, CEO Jeffrey Niew sold 142,857 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $33.25, for a total value of $4,749,995.25. Following the sale, the chief executive officer directly owned 883,719 shares of the company’s stock, valued at approximately $29,383,656.75. The trade was a 13.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Air A. Jr. Bastarrica sold 3,623 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total value of $111,986.93. Following the completion of the sale, the vice president directly owned 47,569 shares in the company, valued at $1,470,357.79. This trade represents a 7.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 152,857 shares of company stock worth $5,055,254 over the last three months. Corporate insiders own 2.24% of the company’s stock.

Wall Street Analysts Forecast Growth

KN has been the topic of several research reports. Robert W. Baird lifted their price target on Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a research report on Friday, May 22nd. Craig Hallum restated a “buy” rating and set a $38.00 price target on shares of Knowles in a research report on Friday, April 24th. Finally, Zacks Research upgraded Knowles from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. One 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.33.

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.