Brokerages Set Knowles Corporation (NYSE:KN) PT at $33.33

Shares of Knowles Corporation (NYSE:KN) have earned a consensus rating of “Hold” from the five research firms that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $33.3333.

KN has been the subject of several recent research reports. Craig Hallum reissued a “buy” rating and issued a $38.00 price objective on shares of Knowles in a research note on Friday, April 24th. Robert W. Baird lifted their price objective on shares of Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Finally, Zacks Research lowered Knowles from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th.

Insider Transactions at Knowles

In other Knowles news, COO Daniel J. Giesecke sold 20,201 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total transaction 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. The trade was a 10.30% decrease in their position. The transaction 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, CEO Jeffrey Niew sold 142,857 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $33.25, for a total transaction of $4,749,995.25. Following the completion of the sale, the chief executive officer directly owned 883,719 shares in the company, valued at approximately $29,383,656.75. This represents a 13.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 173,058 shares of company stock valued at $5,809,156. 2.24% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Knowles

Several large investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in shares of 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 purchasing an additional 14,900 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Knowles by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock worth $786,000 after buying an additional 2,245 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Knowles by 7.1% during 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 worth $3,626,000 after buying an additional 15,827 shares during the last quarter. Jane Street Group LLC acquired a new position in Knowles during the first quarter worth approximately $3,335,000. Finally, Norges Bank acquired a new position in Knowles during the second quarter worth approximately $1,255,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Knowles Stock Performance

NYSE:KN opened at $36.80 on Friday. Knowles has a fifty-two week low of $17.34 and a fifty-two week high of $42.93. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27. The company has a 50 day moving average price of $37.79 and a 200 day moving average price of $30.18. The stock has a market capitalization of $3.15 billion, a P/E ratio of 57.51 and a beta of 1.59.

Knowles (NYSE:KN) last announced its earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $153.10 million for the quarter, compared to analyst estimates of $147.40 million. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.18 earnings per share. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Equities research analysts forecast that Knowles will post 0.94 EPS for the current year.

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.