Knowles Corporation (NYSE:KN) Given Consensus Rating of “Hold” by Analysts

Shares of Knowles Corporation (NYSE:KNGet Free Report) have earned an average recommendation of “Hold” from the five brokerages that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $33.3333.

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

Read Our Latest Stock Report on KN

Insider Activity at Knowles

In related news, VP Air A. Jr. Bastarrica sold 3,623 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total value of $111,986.93. Following the completion of the transaction, the vice president directly owned 47,569 shares of the company’s stock, valued at $1,470,357.79. This trade represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Daniel J. Giesecke sold 20,201 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $6,562,908.60. This represents a 10.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 173,058 shares of company stock worth $5,809,156. 2.24% of the stock is owned by corporate insiders.

Institutional Trading of Knowles

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harvey Partners LLC acquired a new stake in Knowles in the 3rd quarter valued at $14,510,000. Phocas Financial Corp. acquired a new position in Knowles during the fourth quarter worth $941,000. Hodges Capital Management Inc. raised its stake in Knowles by 66.2% during the first quarter. Hodges Capital Management Inc. now owns 217,386 shares of the communications equipment provider’s stock worth $5,582,000 after acquiring an additional 86,563 shares in the last quarter. Moran Wealth Management LLC bought a new position in shares of Knowles during the fourth quarter valued at $584,000. Finally, Jennison Associates LLC bought a new position in shares of Knowles during the fourth quarter valued at $1,117,000. Institutional investors own 96.35% of the company’s stock.

Knowles Trading Down 1.4%

Shares of Knowles stock opened at $35.46 on Friday. Knowles has a 1 year low of $17.53 and a 1 year high of $42.93. The company’s fifty day simple moving average is $37.86 and its 200-day simple moving average is $30.37. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 55.41 and a beta of 1.59. The company has a current ratio of 3.27, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17.

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

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.

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Analyst Recommendations for Knowles (NYSE:KN)

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