Knowles (NYSE:KN) Stock Gets Price Target Trim from Susquehanna

Key Points

• Susquehanna lowered Knowles’ price target from $40 to $35 while maintaining a “neutral” rating, implying roughly 2.07% upside from the prior close.
• Analyst sentiment remains moderately positive, with three Buy ratings and two Holds; the consensus target is $39, above the stock’s $34.29 opening price.
• Knowles recently exceeded quarterly expectations, reporting $0.33 in EPS versus a $0.31 consensus and $166.8 million in revenue, up 14.3% year over year.

Knowles (NYSE:KN - Get Free Report) had its target price lowered by analysts at Susquehanna from $40.00 to $35.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a "neutral" rating on the communications equipment provider's stock. Susquehanna's price objective would indicate a potential upside of 2.07% from the stock's previous close.

Several other analysts have also commented on the company. Robert W. Baird set a $44.00 price target on Knowles in a research note on Friday, July 24th. Zacks Research lowered Knowles from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 22nd. Weiss Ratings upgraded Knowles from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. Finally, Wall Street Zen cut Knowles from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $39.00.

Knowles Stock Down 1.0%

Shares of KN opened at $34.29 on Wednesday. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 33.96 and a beta of 1.59. 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 12 month low of $20.57 and a 12 month high of $42.93. The company has a 50-day moving average price of $36.03 and a two-hundred day moving average price of $35.78.

Knowles (NYSE:KN - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.02. Knowles had a return on equity of 11.45% and a net margin of 10.63%. The company had revenue of $166.80 million for the quarter, compared to the consensus estimate of $156.97 million. During the same period in the previous year, the business earned $0.24 earnings per share. The company's quarterly revenue was up 14.3% on a year-over-year basis. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. Equities analysts predict that Knowles will post 1.02 EPS for the current fiscal year.

Insider Activity

In other news, Director Cheryl L. Shavers sold 6,618 shares of Knowles 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. The trade was a 15.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 Knowles stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $36.28, for a total transaction of $224,137.84. Following the completion of the transaction, the senior vice president owned 127,945 shares of the company's stock, valued at $4,641,844.60. This trade represents a 4.61% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.24% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of KN. Millstone Evans Group LLC raised its position in Knowles by 212.9% in the 1st quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider's stock worth $25,000 after purchasing an additional 662 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Knowles by 35.9% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,151 shares of the communications equipment provider's stock worth $48,000 after buying an additional 304 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in Knowles during the 2nd quarter worth $55,000. Public Employees Retirement System of Ohio bought a new position in Knowles in the 2nd quarter valued at $58,000. Finally, Global Retirement Partners LLC bought a new position in Knowles in the 2nd quarter valued at $60,000. 96.35% of the stock is owned by institutional investors and hedge funds.

Knowles Company Profile

Knowles Corporation NYSE: KN is a global manufacturer of advanced electronic components and solutions for audio, communications, medical, industrial and other specialized applications. The company develops products that support sound capture, audio processing, signal management and high-performance connectivity in a range of electronic devices and systems.

Its portfolio includes microelectromechanical systems (MEMS) microphones, audio processors, speakers, receivers, balanced armature drivers and other acoustic components.

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