KNOT Offshore Partners (NYSE:KNOP) Issues Quarterly Earnings Results

Posted by George Bondi on Sep 3rd, 2026

KNOT Offshore Partners (NYSE:KNOP – Get Free Report) issued its quarterly earnings results on Thursday. The shipping company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.06 by $0.04, Zacks reports. KNOT Offshore Partners had a return on equity of 6.36% and a net margin of 4.92%.

KNOT Offshore Partners Trading Down 0.9%

Shares of KNOP traded down $0.10 during trading hours on Thursday, hitting $11.19. 37,189 shares of the stock traded hands, compared to its average volume of 93,547. The business has a fifty day moving average of $10.53 and a 200-day moving average of $10.52. The firm has a market capitalization of $376.66 million, a PE ratio of 20.72 and a beta of -0.05. KNOT Offshore Partners has a 1-year low of $7.74 and a 1-year high of $11.78. The company has a current ratio of 0.25, a quick ratio of 0.24 and a debt-to-equity ratio of 0.93.

KNOT Offshore Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, July 27th were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $0.30 annualized dividend and a yield of 2.7%. This is a positive change from KNOT Offshore Partners’s previous quarterly dividend of $0.05. KNOT Offshore Partners’s dividend payout ratio (DPR) is currently 55.56%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Wall Street Zen lowered KNOT Offshore Partners from a “hold” rating to a “sell” rating in a research note on Saturday, August 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of KNOT Offshore Partners in a report on Wednesday, July 29th. Finally, Zacks Research upgraded shares of KNOT Offshore Partners from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.

Check Out Our Latest Report on KNOT Offshore Partners

Insider Transactions at KNOT Offshore Partners

In other KNOT Offshore Partners news, Director Trygve Seglem bought 1,250,000 shares of the stock in a transaction on Monday, June 15th. The stock was purchased at an average price of $20.00 per share, with a total value of $25,000,000.00. Following the acquisition, the director owned 1,458,333 shares of the company’s stock, valued at approximately $29,166,660. The trade was a 600.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its stake in shares of KNOT Offshore Partners by 2.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,227,035 shares of the shipping company’s stock valued at $12,700,000 after buying an additional 32,369 shares in the last quarter. Millennium Management LLC raised its position in KNOT Offshore Partners by 56.5% during the fourth quarter. Millennium Management LLC now owns 145,483 shares of the shipping company’s stock worth $1,506,000 after acquiring an additional 52,538 shares in the last quarter. Trexquant Investment LP bought a new stake in KNOT Offshore Partners during the fourth quarter worth $520,000. Jane Street Group LLC bought a new stake in KNOT Offshore Partners during the fourth quarter worth $313,000. Finally, XTX Topco Ltd acquired a new stake in KNOT Offshore Partners in the fourth quarter valued at $277,000. Institutional investors and hedge funds own 26.82% of the company’s stock.

KNOT Offshore Partners Company Profile

(Get Free Report)

KNOT Offshore Partners LP is a publicly traded limited partnership formed in 2013 to own and operate shuttle tankers under long‐term charters in the offshore oil industry. Listed on the New York Stock Exchange under the symbol KNOP, the partnership specializes in the transportation of crude oil from offshore production facilities to onshore refineries. Its fleet comprises moderne shuttle tankers equipped with dynamic positioning systems, enabling safe transfer operations in harsh weather and sea conditions.

The partnership’s vessels primarily serve fields in the North Sea, Brazil and West Africa, where they operate under multi‐year contracts with major energy producers.