Cookson Peirce & Co. Inc. Invests $910,000 in Knowles Corporation $KN

Cookson Peirce & Co. Inc. bought a new position in shares of Knowles Corporation (NYSE:KN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 42,446 shares of the communications equipment provider’s stock, valued at approximately $910,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. State of Wyoming lifted its holdings in shares of Knowles by 63.8% during the fourth quarter. State of Wyoming now owns 7,388 shares of the communications equipment provider’s stock worth $158,000 after buying an additional 2,878 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Knowles by 7.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,806,916 shares of the communications equipment provider’s stock worth $60,152,000 after buying an additional 205,573 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Knowles during the fourth quarter worth $125,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Knowles during the fourth quarter worth $89,000. Finally, Intech Investment Management LLC lifted its holdings in shares of Knowles by 2.2% during the fourth quarter. Intech Investment Management LLC now owns 33,251 shares of the communications equipment provider’s stock worth $713,000 after buying an additional 713 shares in the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.

Insider Buying and Selling

In related news, CEO Jeffrey Niew sold 142,857 shares of the firm’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 transaction, the chief executive officer owned 883,719 shares in the company, valued at approximately $29,383,656.75. This trade represents a 13.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Daniel J. Giesecke sold 20,201 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief operating officer owned 175,855 shares in the company, valued at $6,562,908.60. The trade was a 10.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 173,058 shares of company stock worth $5,809,156. Company insiders own 2.24% of the company’s stock.

Knowles Stock Down 0.1%

Shares of NYSE KN opened at $37.24 on Monday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27. Knowles Corporation has a 52 week low of $16.73 and a 52 week high of $39.92. The stock has a market capitalization of $3.19 billion, a P/E ratio of 58.19 and a beta of 1.60. The stock’s fifty day moving average is $32.20 and its 200 day moving average is $27.04.

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

Wall Street Analysts Forecast Growth

KN has been the subject of a number of research reports. Zacks Research raised Knowles from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a report on Friday, May 22nd. Robert W. Baird lifted their target price on Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Craig Hallum reissued a “buy” rating and set a $38.00 target price on shares of Knowles in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

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.