On January 28, Paradice Investment Management disclosed a new position in Knife River (NYSE:KNF), acquiring 312,743 shares in the fourth quarter in a trade valued at $22.00 million given quarter-end prices. What happened According to a Securities and Exchange Commission (SEC) filing dated January 28, Paradice Investment Management established a new stake in Knife River, purchasing 312,743 shares during the fourth quarter. The post-trade position was valued at $22.00 million at quarter end, reflecting bot ...

Group 1 - Knife River Corporation (NYSE:KNF) is highlighted as a strong infrastructure stock with significant upside potential, receiving an Equal Weight rating from Wells Fargo with a price target of $261 [1][2] - Wells Fargo's coverage of the US building materials sector indicates a preference for early-cycle beneficiaries of interest rate cuts, particularly in cement, wallboard, and home improvement [1] - Despite a cautious outlook on construction through 2026, Wells Fargo anticipates a recovery in late 2026 into 2027, with home improvement potentially recovering sooner [2] Group 2 - DA Davidson recently lowered its price target for Knife River from $105 to $95 while maintaining a Buy rating, citing weather-related challenges and market pressures in Oregon [2] - Knife River operates in the US construction materials sector, providing aggregates-led construction materials and contracting services through various segments including Pacific, Northwest, Mountain, Central, and Energy Services [3]