SCHEDULE 13G/A: Franklin Mutual Advisers Updates Significant Stake in Knowles Corporation

Franklin Mutual Advisers, LLC has filed an amended Schedule 13G, disclosing an 8.1% beneficial ownership stake in Knowles Corporation as of December 31, 2024.

Summary

• Franklin Mutual Advisers, LLC (FMA) reported beneficial ownership of 7,096,272 shares of Knowles Corporation common stock.
• This ownership represents 8.1% of the total outstanding shares of Knowles Corporation's common stock.
• FMA holds sole voting power over 6,675,631 shares and sole dispositive power over 7,096,272 shares.
• Franklin Small Cap Value Fund, a series of Franklin Value Investors Trust and a client of FMA, has an interest in 4,497,398 shares, which constitutes 5.1% of the class of securities.
• The filing is an Amendment No. 4 to Schedule 13G, indicating an update to a previously reported beneficial ownership position.
• FMA certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Knowles Corporation.

Sentiment

Score: 5

Explanation: The document is a neutral, factual disclosure of beneficial ownership. It neither indicates overwhelmingly positive nor negative news, but rather a routine update on an institutional holding.

Positives

• A significant institutional investor, Franklin Mutual Advisers, maintains a substantial stake (8.1%) in Knowles Corporation, indicating continued confidence in the company.
• The explicit statement that the shares are held in the ordinary course of business and not for control purposes suggests a stable, long-term investment perspective from a major holder.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Knowles Corporation's future outlook, as its primary purpose is solely to disclose beneficial ownership.

Industry Context

This filing reflects a routine disclosure by a major institutional asset manager, Franklin Mutual Advisers, regarding its passive investment stake in Knowles Corporation. It does not provide specific industry context beyond confirming continued institutional interest in the company within the broader investment landscape.

Stakeholder Impact

• Shareholders: Provides transparency on significant institutional holdings, confirming a major asset manager's continued investment in the company.

Key Dates

Keywords

Knowles Corporation, Franklin Mutual Advisers, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Investment Management, SEC Filing, 49926D109, Franklin Small Cap Value Fund