Knowles Corporation (NYSE:KN) Given Average Rating of “Moderate Buy” by Analysts

Knowles Corporation (NYSE:KN) has received a consensus rating of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $40.6667.

Several equities research analysts recently issued reports on KN shares. Weiss Ratings upgraded Knowles from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Robert W. Baird set a $44.00 target price on Knowles in a report on Friday, July 24th. Susquehanna raised their target price on Knowles from $33.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Wall Street Zen lowered Knowles from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Craig Hallum reiterated a “buy” rating and set a $38.00 price target on shares of Knowles in a research report on Friday, April 24th.

Knowles Price Performance

Shares of NYSE KN opened at $39.57 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 3.20. The firm has a fifty day moving average of $38.20 and a 200 day moving average of $31.79. The firm has a market cap of $3.38 billion, a PE ratio of 51.39 and a beta of 1.60. Knowles has a one year low of $19.29 and a one year high of $42.93.

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

Insiders Place Their Bets

In other news, COO Daniel J. Giesecke sold 20,201 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total value of $753,901.32. Following the completion of the sale, the chief operating officer directly owned 175,855 shares in the company, valued at $6,562,908.60. This represents a 10.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Raymond D. Cabrera sold 6,178 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $36.28, for a total transaction of $224,137.84. Following the completion of the transaction, the senior vice president directly owned 127,945 shares in the company, valued at approximately $4,641,844.60. This represents a 4.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.24% of the company’s stock.

Institutional Trading of Knowles

Large investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its holdings in shares of Knowles by 27.0% during the 1st quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider’s stock worth $1,064,000 after purchasing an additional 14,900 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Knowles by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock valued at $786,000 after purchasing an additional 2,245 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Knowles by 7.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,557 shares of the communications equipment provider’s stock valued at $3,626,000 after purchasing an additional 15,827 shares during the last quarter. Jane Street Group LLC purchased a new position in Knowles during the first quarter worth approximately $3,335,000. Finally, Norges Bank acquired a new position in Knowles during the second quarter worth $1,255,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Knowles Company Profile

Knowles Corporation (NYSE: KN) is a leading developer and manufacturer of advanced micro-acoustic, audio processing and precision device solutions. The company’s product portfolio includes microelectromechanical systems (MEMS) microphones, balanced armature receivers, acoustic filters, and custom audio processing integrated circuits. These solutions are designed to enable clear speech, enhanced voice capture and intelligent audio performance in a variety of end markets.

Founded in 1946, Knowles has evolved from its roots in vacuum tube components to become a pure-play audio technology provider following its spin-off from Dover Corporation in 2014.