Conestoga Capital Advisors Adds Knowles Corporation to Small Cap Portfolio

Conestoga Capital Advisors added Knowles Corporation to its Small Cap Composite portfolio during the second quarter of 2026. In its Q2 2026 investor letter, the asset management firm attributed the decision to Knowles Corporation's accelerating organic growth and expanding margins.

Conestoga identified the company's exposure to long-term secular trends in medical, defense, industrial, and electrification applications as primary investment drivers. The firm specifically highlighted strong order activity within the Precision Devices business, which has maintained a book-to-bill ratio above 1.0x for six consecutive quarters.

As of August 4, 2026, Knowles Corporation had a share price of $40.40 and a market capitalization of $3.45 billion.