Knowles Corporation (NYSE:KN) Receives $27.67 Average Target Price from Brokerages

Shares of Knowles Corporation (NYSE:KNGet Free Report) have been given an average rating of “Hold” by the five brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $27.6667.

Several equities analysts recently commented on the company. Zacks Research cut Knowles from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 12th. Craig Hallum reaffirmed a “buy” rating and issued a $30.00 price target on shares of Knowles in a report on Friday, February 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Knowles in a research report on Monday, December 29th.

Get Our Latest Stock Report on KN

Knowles Stock Performance

NYSE KN opened at $24.74 on Friday. The company’s 50 day simple moving average is $25.42 and its two-hundred day simple moving average is $23.58. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.75 and a quick ratio of 1.58. Knowles has a 1 year low of $12.19 and a 1 year high of $28.74. The stock has a market capitalization of $2.10 billion, a PE ratio of 48.50 and a beta of 1.49.

Knowles (NYSE:KNGet Free Report) last released its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. Knowles had a net margin of 7.45% and a return on equity of 9.76%. The firm had revenue of $162.20 million during the quarter, compared to analyst estimates of $156.23 million. During the same period in the previous year, the business earned $0.27 EPS. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Insider Buying and Selling at Knowles

In other news, SVP Raymond D. Cabrera sold 10,000 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $26.75, for a total value of $267,500.00. Following the transaction, the senior vice president owned 102,019 shares of the company’s stock, valued at $2,729,008.25. This represents a 8.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Robert J. Perna sold 9,221 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $27.88, for a total transaction of $257,081.48. The SEC filing for this sale provides additional information. Insiders sold a total of 248,742 shares of company stock valued at $6,549,780 over the last quarter. Company insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in KN. Franklin Resources Inc. raised its position in Knowles by 10.5% during the third quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock valued at $119,072,000 after purchasing an additional 484,500 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Knowles by 7.9% in the 4th 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 in the last quarter. Cramer Rosenthal Mcglynn LLC increased its position in shares of Knowles by 5.6% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,421,713 shares of the communications equipment provider’s stock valued at $33,140,000 after purchasing an additional 75,367 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Knowles by 365.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock valued at $32,502,000 after purchasing an additional 1,094,715 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Knowles by 52.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,360,918 shares of the communications equipment provider’s stock valued at $31,723,000 after buying an additional 470,100 shares in the last quarter. Institutional investors own 96.35% of the company’s stock.

About Knowles

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Knowles (NYSE:KN)

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