Knowles Corporation (NYSE:KN) Receives Consensus Rating of “Hold” from Brokerages

Shares of Knowles Corporation (NYSE:KN) have been given an average recommendation of “Hold” by the five analysts that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $33.3333.

KN has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Knowles in a research report on Friday, May 22nd. Craig Hallum restated a “buy” rating and set a $38.00 price objective on shares of Knowles in a research report on Friday, April 24th. Robert W. Baird lifted their target price on shares of Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Zacks Research downgraded shares of Knowles from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th.

Knowles Stock Performance

KN traded down $0.11 during mid-day trading on Friday, reaching $37.13. 866,699 shares of the company traded hands, compared to its average volume of 1,186,154. The company’s fifty day moving average price is $37.63 and its 200-day moving average price is $29.92. The stock has a market capitalization of $3.18 billion, a P/E ratio of 58.01 and a beta of 1.59. The company has a quick ratio of 1.77, a current ratio of 3.27 and a debt-to-equity ratio of 0.17. Knowles has a 52-week low of $17.34 and a 52-week high of $42.93.

Knowles (NYSE:KN) last released its quarterly earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. Knowles had a net margin of 9.10% and a return on equity of 10.66%. The firm had revenue of $153.10 million during the quarter, compared to analyst estimates of $147.40 million. During the same quarter in the prior year, the firm earned $0.18 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. On average, sell-side analysts expect that Knowles will post 0.94 EPS for the current year.

Insider Activity at Knowles

In related news, CEO Jeffrey Niew sold 142,857 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $33.25, for a total value of $4,749,995.25. Following the sale, the chief executive officer owned 883,719 shares in the company, valued at approximately $29,383,656.75. The trade was a 13.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Air A. Jr. Bastarrica sold 3,623 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $30.91, for a total transaction of $111,986.93. Following the sale, the vice president owned 47,569 shares in the company, valued at $1,470,357.79. This represents a 7.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 173,058 shares of company stock valued at $5,809,156. Corporate insiders own 2.24% of the company’s stock.

Hedge Funds Weigh In On Knowles

Hedge funds have recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its holdings in Knowles by 10.5% during the 3rd quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock valued at $119,072,000 after acquiring an additional 484,500 shares during the period. Goldman Sachs Group Inc. increased its stake in Knowles by 7.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,806,916 shares of the communications equipment provider’s stock worth $60,152,000 after purchasing an additional 205,573 shares during the period. Ameriprise Financial Inc. increased its stake in Knowles by 365.4% in the third quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock worth $32,502,000 after purchasing an additional 1,094,715 shares during the period. Raymond James Financial Inc. lifted its position in shares of Knowles by 52.8% during the third quarter. Raymond James Financial Inc. now owns 1,360,918 shares of the communications equipment provider’s stock worth $31,723,000 after purchasing an additional 470,100 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Knowles by 7.5% during the third quarter. Bank of America Corp DE now owns 825,344 shares of the communications equipment provider’s stock valued at $19,239,000 after purchasing an additional 57,899 shares during the period. 96.35% of the stock is currently owned by institutional investors.

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.