Knowles (NYSE:KN) Releases Earnings Results, Beats Expectations By $0.03 EPS

Knowles (NYSE:KN) released its earnings results on Thursday. The communications equipment provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03, FiscalAI reports. The firm had revenue of $166.80 million for the quarter, compared to the consensus estimate of $156.97 million. Knowles had a net margin of 9.10% and a return on equity of 10.66%. Knowles updated its Q3 2026 guidance to 0.340-0.380 EPS.

Knowles Stock Up 7.2%

Shares of NYSE KN traded up $2.64 during midday trading on Thursday, hitting $39.25. The stock had a trading volume of 2,268,700 shares, compared to its average volume of 857,999. The business’s 50 day moving average is $37.88 and its 200-day moving average is $30.78. Knowles has a 52 week low of $18.45 and a 52 week high of $42.93. The company has a quick ratio of 1.77, a current ratio of 3.27 and a debt-to-equity ratio of 0.17. The company has a market cap of $3.36 billion, a P/E ratio of 61.34 and a beta of 1.59.

Insider Buying and Selling

In other news, VP Air A. Jr. Bastarrica sold 3,623 shares of the company’s stock in a transaction 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 transaction, the vice president directly owned 47,569 shares of the company’s stock, valued at $1,470,357.79. This represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jeffrey Niew sold 142,857 shares of Knowles stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $33.25, for a total value of $4,749,995.25. Following the completion of the sale, the chief executive officer owned 883,719 shares of the company’s stock, valued at $29,383,656.75. The trade was a 13.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 173,058 shares of company stock worth $5,809,156 in the last three months. Insiders own 2.24% of the company’s stock.

Institutional Trading of Knowles

A number of large investors have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its holdings 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 last quarter. McMillan Office Inc. purchased a new stake in Knowles in the fourth quarter worth approximately $39,000. Kestra Advisory Services LLC bought a new stake in Knowles in the 4th quarter worth approximately $54,000. Northwestern Mutual Wealth Management Co. bought a new stake in Knowles in the 4th quarter worth approximately $89,000. Finally, State of Wyoming raised its stake in Knowles by 63.8% during the 4th quarter. State of Wyoming now owns 7,388 shares of the communications equipment provider’s stock valued at $158,000 after buying an additional 2,878 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Robert W. Baird boosted their price objective on shares of Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Craig Hallum reiterated a “buy” rating and set a $38.00 target price on shares of Knowles in a report on Friday, April 24th. Finally, Zacks Research cut Knowles from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $33.33.

Knowles Company Profile

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.