Knowles Corporation (NYSE:KN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

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

A number of equities research analysts have recently weighed in on the company. Zacks Research raised Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Robert W. Baird lifted their price objective on 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 research note on Friday, May 22nd. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $38.00 price objective on shares of Knowles in a research note on Friday, April 24th.

Read Our Latest Report on KN

Insider Activity

In related news, CEO Jeffrey Niew sold 142,857 shares of the business’s 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 transaction, the chief executive officer owned 883,719 shares in the company, valued at $29,383,656.75. The trade was a 13.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Daniel J. Giesecke sold 20,201 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total value of $753,901.32. Following the completion of the transaction, the chief operating officer owned 175,855 shares in the company, valued at $6,562,908.60. This trade represents a 10.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 173,058 shares of company stock valued at $5,809,156. Insiders own 2.24% of the company’s stock.

Hedge Funds Weigh In On Knowles

Several institutional investors have recently added to or reduced their stakes in KN. Royal Bank of Canada increased its position in Knowles by 27.0% in the 1st quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider’s stock valued at $1,064,000 after acquiring an additional 14,900 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Knowles by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock valued at $786,000 after acquiring an additional 2,245 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Knowles by 7.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,557 shares of the communications equipment provider’s stock valued at $3,626,000 after acquiring an additional 15,827 shares during the period. Jane Street Group LLC acquired a new position in Knowles in the 1st quarter valued at about $3,335,000. Finally, Norges Bank acquired a new position in Knowles in the 2nd quarter valued at about $1,255,000. Institutional investors and hedge funds own 96.35% of the company’s stock.

Knowles Trading Up 3.9%

Shares of NYSE KN opened at $41.32 on Tuesday. Knowles has a twelve month low of $16.77 and a twelve month high of $41.47. The company has a current ratio of 3.27, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a fifty day simple moving average of $33.81 and a 200-day simple moving average of $27.78. The stock has a market capitalization of $3.54 billion, a PE ratio of 64.56 and a beta of 1.60.

Knowles (NYSE:KNGet Free Report) last issued 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. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The business had revenue of $153.10 million during the quarter, compared to analysts’ expectations of $147.40 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The company’s revenue was up 15.8% on a year-over-year basis. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. On average, equities analysts forecast that Knowles will post 0.94 earnings per share for the current 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.

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Analyst Recommendations for Knowles (NYSE:KN)

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