Knowles (NYSE:KN) Stock Rating Lowered by Wall Street Zen

Knowles (NYSE:KN) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

KN has been the subject of several other reports. Craig Hallum reissued a “buy” rating and issued a $38.00 price objective on shares of Knowles in a research note on Friday, April 24th. Zacks Research raised shares of Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Weiss Ratings upgraded shares of Knowles from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Robert W. Baird set a $44.00 price target on shares of Knowles in a research note on Friday, July 24th. Finally, Susquehanna boosted their price target on shares of Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Knowles has a consensus rating of “Moderate Buy” and a consensus price target of $40.67.

Knowles Price Performance

NYSE:KN opened at $36.71 on Friday. The stock has a 50 day moving average of $38.10 and a two-hundred day moving average of $31.47. Knowles has a 12 month low of $19.29 and a 12 month high of $42.93. The firm has a market cap of $3.14 billion, a P/E ratio of 47.68 and a beta of 1.60. The company has a current ratio of 3.20, a quick ratio of 1.75 and a debt-to-equity ratio of 0.16.

Knowles (NYSE:KN) last released its earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share 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 return on equity of 11.45% and a net margin of 10.63%.The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.24 earnings per share. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. On average, analysts expect that Knowles will post 1.02 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Knowles news, SVP Raymond D. Cabrera sold 6,178 shares of the business’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $36.28, for a total transaction of $224,137.84. Following the transaction, the senior vice president owned 127,945 shares of the company’s stock, valued at approximately $4,641,844.60. The trade was a 4.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Daniel J. Giesecke sold 20,201 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was 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 of the company’s stock, valued at $6,562,908.60. This trade represents a 10.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 169,236 shares of company stock valued at $5,728,034. Insiders own 2.24% of the company’s stock.

Institutional Investors Weigh In On Knowles

Hedge funds and other institutional investors have recently bought and sold shares of the company. Millstone Evans Group LLC boosted its holdings in Knowles by 212.9% in the 1st quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider’s stock valued at $25,000 after purchasing an additional 662 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Knowles by 94.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after buying an additional 895 shares during the period. McMillan Office Inc. acquired a new stake in shares of Knowles during the 4th quarter worth approximately $39,000. Torren Management LLC acquired a new stake in shares of Knowles during the 4th quarter worth approximately $43,000. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of Knowles by 35.9% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,151 shares of the communications equipment provider’s stock valued at $48,000 after buying an additional 304 shares during the period. 96.35% of the stock is currently owned by institutional investors and hedge funds.

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.