Knowles Corporation (NYSE:KN – Get Free Report) has been assigned an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $33.3333.
A number of research firms have issued reports on KN. Craig Hallum restated a “buy” rating and issued a $38.00 target price on shares of Knowles in a report on Friday, April 24th. Robert W. Baird upped their target price on shares of Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Zacks Research upgraded shares of Knowles from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a report on Friday, May 22nd.
Get Our Latest Report on Knowles
Knowles Price Performance
Knowles (NYSE:KN – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The communications equipment provider reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $153.10 million for the quarter, compared to analysts’ expectations of $147.40 million. Knowles had a net margin of 9.10% and a return on equity of 10.66%. The firm’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 EPS. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. As a group, research analysts forecast that Knowles will post 0.94 earnings per share for the current fiscal year.
Insider Buying and Selling at Knowles
In other Knowles news, 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 value of $111,986.93. Following the transaction, the vice president directly owned 47,569 shares in the company, valued at approximately $1,470,357.79. This represents a 7.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Daniel J. Giesecke sold 20,201 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total transaction of $753,901.32. Following the completion of the transaction, the chief operating officer owned 175,855 shares in the company, valued at approximately $6,562,908.60. This trade represents a 10.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 173,058 shares of company stock worth $5,809,156. Corporate insiders own 2.24% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Millstone Evans Group LLC lifted its holdings in shares of Knowles by 212.9% during the 1st 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. Osaic Holdings Inc. lifted its holdings in shares of Knowles by 94.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock worth $31,000 after acquiring an additional 895 shares during the period. McMillan Office Inc. purchased a new position in shares of Knowles during the 4th quarter worth about $39,000. Torren Management LLC purchased a new position in shares of Knowles during the 4th quarter worth about $43,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Knowles during the 1st quarter worth about $51,000. 96.35% of the stock is currently owned by hedge funds and other 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.
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