Knowles (NYSE:KN) Stock Price Breaks Above Fifty Day Moving Average – Here’s What Happened

Knowles Corporation (NYSE:KN)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $36.37 and traded as high as $40.28. Knowles shares last traded at $40.0290, with a volume of 751,346 shares traded.

Analyst Upgrades and Downgrades

Several research firms recently commented on KN. Zacks Research lowered shares of Knowles from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 22nd. Wall Street Zen cut Knowles from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Robert W. Baird set a $44.00 price objective on Knowles in a research report on Friday, July 24th. Susquehanna boosted their target price on Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, Weiss Ratings downgraded Knowles from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 31st. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $40.67.

Knowles Price Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 3.20 and a quick ratio of 1.75. The company has a market capitalization of $3.42 billion, a PE ratio of 51.99 and a beta of 1.59. The firm has a 50-day moving average of $36.37 and a 200 day moving average of $34.78.

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

Insider Buying and Selling at Knowles

In related news, Director Cheryl L. Shavers sold 6,618 shares of Knowles stock in a transaction on Monday, August 17th. The stock was sold at an average price of $39.27, for a total value of $259,888.86. Following the completion of the sale, the director owned 35,723 shares of the company’s stock, valued at $1,402,842.21. The trade was a 15.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Raymond D. Cabrera sold 6,178 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $36.28, for a total value of $224,137.84. Following the completion of the transaction, the senior vice president directly owned 127,945 shares in the company, valued at approximately $4,641,844.60. This represents a 4.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.24% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Knowles

Large investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Knowles during the 2nd quarter worth $571,614,000. Hodges Capital Management Inc. raised its holdings in Knowles by 66.2% in the 1st quarter. Hodges Capital Management Inc. now owns 217,386 shares of the communications equipment provider’s stock worth $5,582,000 after purchasing an additional 86,563 shares during the period. Legal & General Group Plc bought a new position in Knowles in the 2nd quarter worth $8,698,000. Andar Capital Management HK Ltd purchased a new position in Knowles during the second quarter valued at $4,853,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Knowles during the second quarter valued at $21,025,000. 96.35% of the stock is currently owned by institutional investors.

Knowles Company Profile

Knowles Corporation is a global supplier of advanced electronic components and audio solutions. The company develops and manufactures micro-acoustic products, including microelectromechanical systems (MEMS) microphones, speakers, receivers and related audio-processing technologies used in mobile devices, consumer electronics, communications equipment and other connected products.

Knowles also provides precision components for medical, industrial, defense, aerospace and other specialized applications.