Knowles Corporation (NYSE:KN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Knowles Corporation (NYSE:KN) have earned a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $40.6667.

A number of analysts have recently commented on the company. Wall Street Zen cut Knowles from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Susquehanna increased their target price on Knowles from $33.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Robert W. Baird set a $44.00 price target on shares of Knowles in a research note on Friday, July 24th. Zacks Research raised shares of Knowles from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings cut shares of Knowles from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday.

Knowles Price Performance

NYSE:KN opened at $35.44 on Monday. The company has a quick ratio of 1.75, a current ratio of 3.20 and a debt-to-equity ratio of 0.16. Knowles has a 52 week low of $20.57 and a 52 week high of $42.93. The stock’s 50-day moving average price is $36.64 and its 200-day moving average price is $33.40. The stock has a market capitalization of $3.03 billion, a PE ratio of 46.03 and a beta of 1.59.

Knowles (NYSE:KN) last released its quarterly earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The company had revenue of $166.80 million during the quarter, compared to analysts’ expectations of $156.97 million. Knowles had a return on equity of 11.45% and a net margin of 10.63%.Knowles’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 EPS. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. As a group, equities analysts expect that Knowles will post 1.02 EPS for the current fiscal year.

Insider Activity

In related news, SVP Raymond Cabrera sold 6,178 shares of Knowles stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $36.28, for a total value of $224,137.84. Following the sale, the senior vice president directly owned 127,945 shares in the company, valued at approximately $4,641,844.60. The trade was a 4.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Cheryl Shavers sold 6,618 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $39.27, for a total value of $259,888.86. Following the completion of the transaction, the director owned 35,723 shares in the company, valued at approximately $1,402,842.21. This trade represents a 15.63% 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. Insiders own 2.24% of the company’s stock.

Institutional Investors Weigh In On Knowles

A number of large investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in Knowles during the 2nd quarter valued at about $571,614,000. Andar Capital Management HK Ltd acquired a new stake in shares of Knowles in the 2nd quarter worth $117,000,000. California State Teachers Retirement System raised its holdings in shares of Knowles by 3,937.0% during the 2nd quarter. California State Teachers Retirement System now owns 4,234,030 shares of the communications equipment provider’s stock worth $175,628,000 after acquiring an additional 4,129,149 shares during the period. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Knowles in the second quarter valued at about $102,398,000. Finally, Ameriprise Financial Inc. increased its position in Knowles by 365.4% during the third quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock worth $32,502,000 after purchasing an additional 1,094,715 shares during the last quarter. Hedge funds and other institutional investors own 96.35% of the company’s stock.

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.