Knife RiverKNF
Market Cap: $4.22B
About: Knife River Holding Co formerly Knife River Corp provides construction materials and contracting services throughout the western, central, and southern United States. Knife River produces and delivers aggregates and markets crushed stone, sand, gravel, and related construction materials, including ready-mix concrete, asphalt, and other value-added products. It also distributes cement and asphalt oil. It has more than 1 billion tons of aggregate reserves, 110 ready-mix plants, 50 asphalt plants, and a combined 410,000 tons of liquid asphalt and cement storage. The company also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings, and industrial parks.
Employees: 4,389
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,536% more call options, than puts
Call options by funds: $6.89M | Put options by funds: $421K
1.55% more ownership
Funds ownership: 79.71% [Q1] → 81.26% (+1.55%) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 128
9% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 55
1% less funds holding
Funds holding: 376 [Q1] → 371 (-5) [Q2]
12% less capital invested
Capital invested by funds: $3.66B [Q1] → $3.23B (-$429M) [Q2]
63% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 3 (-5) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stephens & Co. Trey Grooms 50% 1-year accuracy 12 / 24 met price target | 14%upside $85 | Overweight Initiated | 18 Jun 2024 |