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

Shares of Knowles Corporation (NYSE:KNGet Free Report) have earned an average recommendation of “Moderate Buy” from the five brokerages that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $33.3333.

A number of analysts have weighed in on the stock. Robert W. Baird raised their price objective 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a report on Friday, May 22nd. Craig Hallum reaffirmed a “buy” rating and set a $38.00 price target on shares of Knowles in a report on Friday, April 24th. Finally, Zacks Research raised shares of Knowles from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th.

Read Our Latest Stock Report on KN

Insider Buying and Selling

In related news, CEO Jeffrey Niew sold 142,857 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 883,719 shares of the company’s stock, valued at approximately $29,383,656.75. This trade represents a 13.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Air A. Jr. Bastarrica sold 3,623 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total transaction of $111,986.93. Following the completion of the transaction, the vice president directly owned 47,569 shares in the company, valued at approximately $1,470,357.79. The trade was a 7.08% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 152,857 shares of company stock worth $5,055,254. 2.24% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Knowles

A number of institutional investors and hedge funds have recently made changes to their positions in KN. Millstone Evans Group LLC lifted its holdings in Knowles by 212.9% during the first 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 in the last quarter. Osaic Holdings Inc. lifted its holdings in Knowles by 94.5% during the second quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 895 shares in the last quarter. McMillan Office Inc. purchased a new position in Knowles during the fourth quarter valued at approximately $39,000. Torren Management LLC purchased a new position in Knowles during the fourth quarter valued at approximately $43,000. Finally, Meeder Asset Management Inc. purchased a new position in Knowles during the first quarter valued at approximately $51,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Knowles Stock Up 1.1%

NYSE:KN opened at $38.04 on Friday. The firm has a market cap of $3.26 billion, a P/E ratio of 59.44 and a beta of 1.56. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27. Knowles has a fifty-two week low of $16.11 and a fifty-two week high of $38.40. The firm has a 50-day simple moving average of $30.64 and a two-hundred day simple moving average of $26.35.

Knowles (NYSE:KNGet Free Report) last released its quarterly earnings data 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 business had revenue of $153.10 million during the quarter, compared to analyst estimates of $147.40 million. Knowles had a net margin of 9.10% and a return on equity of 10.66%. Knowles’s revenue was up 15.8% compared to the same quarter last year. During the same period last year, the business earned $0.18 EPS. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Analysts predict that Knowles will post 0.94 earnings per share for the current fiscal year.

Knowles Company Profile

(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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