Knowles Corporation (NYSE:KN – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $42.63 and last traded at $42.8360, with a volume of 808951 shares. The stock had previously closed at $41.37.
Analyst Ratings Changes
KN has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Robert W. Baird increased their price target on shares of Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Craig Hallum reissued a “buy” rating and set a $38.00 price objective on shares of Knowles in a research report on Friday, April 24th. Finally, Zacks Research raised Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Knowles currently has an average rating of “Moderate Buy” and an average price target of $33.33.
Get Our Latest Stock Analysis on KN
Knowles Trading Up 3.5%
Knowles (NYSE:KN – Get Free Report) last released 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. Knowles had a net margin of 9.10% and a return on equity of 10.66%. The business had revenue of $153.10 million for the quarter, compared to the consensus estimate of $147.40 million. During the same quarter last year, the firm earned $0.18 EPS. Knowles’s revenue for the quarter was up 15.8% on a year-over-year basis. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Research analysts anticipate that Knowles Corporation will post 0.94 EPS for the current year.
Insider Buying and Selling at Knowles
In other news, VP Air A. Jr. Bastarrica sold 3,623 shares of the company’s stock in a transaction dated 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 sale, the vice president 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jeffrey Niew sold 142,857 shares of the stock in a transaction dated 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 directly owned 883,719 shares in the company, valued at approximately $29,383,656.75. This represents a 13.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 173,058 shares of company stock worth $5,809,156 over the last three months. Corporate insiders own 2.24% of the company’s stock.
Institutional Investors Weigh In On Knowles
A number of large investors have recently added to or reduced their stakes in KN. Millstone Evans Group LLC raised 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 acquiring an additional 662 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of 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 during the period. McMillan Office Inc. bought a new position in Knowles in the fourth quarter worth $39,000. Torren Management LLC acquired a new stake in Knowles during the fourth quarter worth $43,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Knowles in the 1st quarter valued at $51,000. Institutional investors own 96.35% of the company’s stock.
About Knowles
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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