<div id="readability-page-1"><p>Prudential Financial Inc. trimmed its position in  Knife River Corporation (NYSE:KNF - Free Report) by 87.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,690 shares of the company's stock after selling 63,016 shares during the quarter. Prudential Financial Inc.'s holdings in Knife River were worth $776,000 as of its most recent SEC filing.</p><p>Several other hedge funds have also made changes to their positions in the company. Brooklyn Investment Group raised its position in shares of  Knife River by 31,200.0% during the 1st quarter. Brooklyn Investment Group now owns 313 shares of the company's stock valued at $28,000 after buying an additional 312 shares during the period.  GHP Investment Advisors Inc. acquired a new stake in  Knife River during the second quarter worth $48,000.  Hilltop National Bank purchased a new stake in  Knife River in the second quarter valued at $52,000.  Huntington National Bank lifted its stake in shares of  Knife River by 35.5% in the 2nd quarter. Huntington National Bank now owns 703 shares of the company's stock valued at $57,000 after purchasing an additional 184 shares during the last quarter.  Finally, Parkside Financial Bank &amp; Trust grew its holdings in shares of  Knife River by 42.4% during the 2nd quarter. Parkside Financial Bank &amp; Trust now owns 860 shares of the company's stock worth $70,000 after purchasing an additional 256 shares during the period. Hedge funds and other institutional investors own  80.11% of the company's stock. </p><h2>Knife River Price Performance</h2><p>KNF stock opened at $74.87 on Tuesday. The business's 50-day moving average is $69.12 and its two-hundred day moving average is $78.39. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.39 and a quick ratio of 1.47. The firm has a market capitalization of $4.24 billion, a P/E ratio of 28.69, a P/E/G ratio of 1.52 and a beta of 0.43. Knife River Corporation has a 1 year low of $58.72 and a 1 year high of $108.83. </p><p>Knife River (NYSE:KNF - Get Free Report) last released its earnings results on Tuesday, November 4th. The company reported $2.52 earnings per share for the quarter, topping analysts' consensus estimates of $2.45 by $0.07. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.22 billion. Knife River had a net margin of 4.87% and a return on equity of 9.97%.  Analysts anticipate that  Knife River Corporation will post 4.11 earnings per share for the current fiscal year. </p><h2>Analyst Upgrades and Downgrades</h2><p>KNF has been the topic of a number of research analyst reports. Royal Bank Of Canada reduced their price target on shares of Knife River from $115.00 to $105.00 and set an &#34;outperform&#34; rating on the stock in a research note on Thursday, November 6th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Knife River in a research note on Wednesday, October 8th. Oppenheimer dropped their target price on Knife River from $120.00 to $100.00 and set an &#34;outperform&#34; rating for the company in a research report on Wednesday, October 1st. Wells Fargo &amp; Company upgraded shares of Knife River from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and set a $75.00 price target on the stock in a research note on Tuesday, November 4th. Finally, JPMorgan Chase &amp; Co. assumed coverage on shares of Knife River in a research note on Thursday, December 4th. They issued a &#34;neutral&#34; rating and a $83.00 price objective for the company. Six analysts have rated the stock with a Buy rating and two have issued  a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $96.33.</p><p><b>View Our Latest Stock Analysis on Knife River</b></p><h2>Knife River Profile</h2> (Free Report)<p>Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Knife River</li><li>How to Invest in the Best Canadian Stocks </li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>5 Top Rated Dividend Stocks to Consider</li><li>3 Stocks Most Likely to Split in 2026</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again</li></ul><p><strong>Want to see what other hedge funds are holding KNF?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knife River Corporation (NYSE:KNF - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtORg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtORg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Knife River Right Now?</h2><p>Before you consider Knife River, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Knife River wasn't on the list.</p><p>While Knife River currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Prudential Financial Inc. reduced its stake in Knife River Corporation by 87.9% in Q2, selling 63,016 shares. The stock opened at $74.87, with a market cap of $4.24 billion. Analysts have mixed ratings, with a consensus target price of $96.33. Knife River reported Q3 earnings of $2.52 per share, beating estimates. The company provides construction materials and services in the U.S.</p>

Knife River Corporation $KNF Shares Sold by Prudential Financial Inc.