<div id="readability-page-1"><p>Invesco Ltd. boosted its holdings in  Knife River Corporation (NYSE:KNF - Free Report) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund owned 1,272,829 shares of the company's stock after purchasing an additional 35,900 shares during the period. Invesco Ltd. owned approximately 2.25% of Knife River worth $103,914,000 at the end of the most recent reporting period.</p><p>Other hedge funds also recently made changes to their positions in the company. Brady Martz Wealth Solutions LLC boosted its holdings in  Knife River by 2.3% in the second quarter. Brady Martz Wealth Solutions LLC now owns 6,786 shares of the company's stock valued at $554,000 after acquiring an additional 152 shares in the last quarter.  Unified Investment Management lifted its holdings in  Knife River by 2.6% in the second quarter. Unified Investment Management now owns 5,968 shares of the company's stock worth $487,000 after buying an additional 153 shares during the period.  Focus Partners Advisor Solutions LLC boosted its position in  Knife River by 2.0% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 8,004 shares of the company's stock valued at $722,000 after acquiring an additional 159 shares in the last quarter.  Nisa Investment Advisors LLC grew its holdings in  Knife River by 1.3% in the second quarter. Nisa Investment Advisors LLC now owns 13,292 shares of the company's stock worth $1,085,000 after purchasing an additional 167 shares during the period.  Finally, PNC Financial Services Group Inc. increased its position in  Knife River by 3.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,497 shares of the company's stock valued at $367,000 after buying an additional 170 shares in the last quarter. 80.11% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analyst Ratings Changes</h2><p>KNF has been the topic of several analyst reports. JPMorgan Chase &amp; Co. initiated coverage on Knife River in a report on Thursday, December 4th. They issued a &#34;neutral&#34; rating and a $83.00 target price on the stock. Wells Fargo &amp; Company raised Knife River from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and set a $75.00 target price on the stock in a report on Tuesday, November 4th. Oppenheimer reduced their target price on shares of Knife River from $120.00 to $100.00 and set an &#34;outperform&#34; rating for the company in a report on Wednesday, October 1st. Wall Street Zen cut Knife River from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Tuesday, December 2nd. Finally, Royal Bank Of Canada lowered their price objective on Knife River from $115.00 to $105.00 and set an &#34;outperform&#34; rating on the stock in a research report on Thursday, November 6th. Six investment analysts have rated the stock with a Buy rating and two have issued  a Hold rating to the stock. According to data from MarketBeat, Knife River  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $96.33.</p><p><b>View Our Latest Stock Analysis on KNF</b></p><h2>Knife River Trading Down 0.6%</h2><p>Shares of NYSE KNF opened at $74.28 on Wednesday. Knife River Corporation has a 1-year low of $58.72 and a 1-year high of $108.83. The business has a fifty day moving average price of $69.07 and a 200 day moving average price of $78.24. The stock has a market capitalization of $4.21 billion, a P/E ratio of 28.46, a price-to-earnings-growth ratio of 1.51 and a beta of 0.43. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.39 and a quick ratio of 1.47. </p><p>Knife River (NYSE:KNF - Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $2.52 EPS for the quarter, beating analysts' consensus estimates of $2.45 by $0.07. Knife River had a net margin of 4.87% and a return on equity of 9.97%. The company had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.22 billion.  Equities research analysts expect that  Knife River Corporation will post 4.11 EPS for the current fiscal year. </p><h2>Knife River Company 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 Stories</h2><ul><li>Five stocks we like better than Knife River</li><li>Retail Stocks Investing, Explained</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Using the MarketBeat Dividend Tax Calculator</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><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>Invesco Ltd. increased its stake in Knife River Corporation by 2.9% in Q2, acquiring 35,900 shares, totaling 1,272,829 shares worth $103.9 million. Other hedge funds also adjusted their positions. Knife River's stock has a consensus rating of "Moderate Buy" with an average target price of $96.33. The company reported Q3 EPS of $2.52, surpassing estimates, with a net margin of 4.87% and revenue of $1.20 billion.</p>

Invesco Ltd. Acquires 35,900 Shares of Knife River Corporation $KNF