Ariel Small Cap Value Fund Highlights Knowles After Strong Earnings

Earnings
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Ariel Investments' Small Cap Value Fund highlighted Knowles Corporation in its second-quarter 2026 investor letter, citing a strong earnings report that exceeded revenue and profit expectations. The fund noted that performance was propelled by solid execution across segments, with Precision Devices benefiting from robust demand and MedTech & Specialty Audio delivering steady results with attractive margins. Knowles also continued returning capital to shareholders through share repurchases. The fund believes the company remains well positioned due to its focus on high-value, niche markets and improving operational execution. Knowles stock closed at approximately $36.08 per share on July 31, 2026, with a market capitalization of about $3.125 billion.

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Strong earnings exceeded expectations, with solid execution and share repurchases.