Knowles Corporation (NYSE:KN) Stock Has Average Target Price of $40.67 According to Brokerages

Shares of Knowles Corporation (NYSE:KN) have earned an average recommendation of “Hold” from the five research firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $40.67.

A number of equities analysts recently commented on the stock. Susquehanna lifted their price target on shares of Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Wall Street Zen downgraded shares of Knowles from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Zacks Research downgraded shares of Knowles from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 22nd. Weiss Ratings lowered Knowles from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 31st. Finally, Robert W. Baird set a $44.00 target price on shares of Knowles in a research note on Friday, July 24th.

Insider Activity at Knowles

In other Knowles news, SVP Raymond Cabrera sold 6,178 shares of Knowles stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $36.28, for a total transaction of $224,137.84. Following the completion of the sale, the senior vice president directly owned 127,945 shares in the company, valued at approximately $4,641,844.60. The trade was a 4.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Cheryl Shavers sold 6,618 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $39.27, for a total transaction of $259,888.86. Following the completion of the sale, the director directly owned 35,723 shares in the company, valued at approximately $1,402,842.21. The trade was a 15.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.24% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Millstone Evans Group LLC raised its position in Knowles by 212.9% during the first quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider’s stock worth $25,000 after acquiring an additional 662 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in Knowles by 35.9% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,151 shares of the communications equipment provider’s stock worth $48,000 after buying an additional 304 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Knowles during the second quarter worth about $55,000. Public Employees Retirement System of Ohio acquired a new position in Knowles in the second quarter valued at approximately $58,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Knowles during the 2nd quarter worth about $60,000. 96.35% of the stock is owned by institutional investors and hedge funds.

Knowles Stock Performance

Knowles stock opened at $38.19 on Friday. The company’s 50-day moving average price is $36.32 and its 200-day moving average price is $34.74. The company has a quick ratio of 1.75, a current ratio of 3.20 and a debt-to-equity ratio of 0.16. The company has a market cap of $3.26 billion, a PE ratio of 49.60 and a beta of 1.59. Knowles has a twelve month low of $20.57 and a twelve month high of $42.93.

Knowles (NYSE:KN) last announced its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. Knowles had a net margin of 10.63% and a return on equity of 11.45%. The firm had revenue of $166.80 million during the quarter, compared to the consensus estimate of $156.97 million. During the same quarter last year, the firm earned $0.24 EPS. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. On average, equities research analysts forecast that Knowles will post 1.02 EPS for the current fiscal year.

About Knowles

Knowles Corporation is a global supplier of advanced electronic components and audio solutions. The company develops and manufactures micro-acoustic products, including microelectromechanical systems (MEMS) microphones, speakers, receivers and related audio-processing technologies used in mobile devices, consumer electronics, communications equipment and other connected products.

Knowles also provides precision components for medical, industrial, defense, aerospace and other specialized applications.