Knowles Corporation (NYSE:KN) Receives Average Recommendation of "Buy" from Brokerages

Key Points

• Knowles has a consensus “Buy” rating from five brokerages, with three buys, one strong buy and one hold. The average 12-month price target is $40.67, above the reported $34.22 share price.
• Knowles exceeded quarterly expectations, reporting adjusted EPS of $0.33 versus $0.31 expected and revenue of $166.8 million versus $157.0 million expected. Revenue increased 14.3% year over year, and third-quarter EPS guidance is $0.34–$0.38.
• Insiders recently sold shares, including transactions by a senior vice president and a director, while institutional investors own 96.35% of the company’s stock.

Shares of Knowles Corporation (NYSE:KN - Get Free Report) have received a consensus rating of "Buy" from the five brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $40.6667.

A number of equities analysts have recently commented on the company. Zacks Research raised Knowles from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 28th. Susquehanna increased their price objective on Knowles from $33.00 to $40.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Robert W. Baird set a $44.00 price objective on Knowles in a report on Friday, July 24th. Wall Street Zen lowered Knowles from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Finally, Weiss Ratings upgraded Knowles from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, August 14th.

Insiders Place Their Bets

In related news, SVP Raymond D. Cabrera sold 6,178 shares of Knowles stock in a transaction on Monday, July 27th. The stock was sold at an average price of $36.28, for a total transaction of $224,137.84. Following the completion of the sale, the senior vice president owned 127,945 shares of the company's stock, valued at approximately $4,641,844.60. This trade represents a 4.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Cheryl L. Shavers sold 6,618 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $39.27, for a total value of $259,888.86. Following the transaction, the director owned 35,723 shares of the company's stock, valued at approximately $1,402,842.21. The trade was a 15.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.24% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of KN. Millstone Evans Group LLC lifted its position in Knowles by 212.9% during the first quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider's stock valued at $25,000 after purchasing an additional 662 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Knowles by 94.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider's stock worth $31,000 after buying an additional 895 shares during the last quarter. McMillan Office Inc. bought a new position in shares of Knowles in the 4th quarter worth $39,000. MassMutual Private Wealth & Trust FSB raised its position in shares of 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 valued at $48,000 after buying an additional 304 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Knowles during the 1st quarter valued at $51,000. 96.35% of the stock is currently owned by institutional investors.

Knowles Stock Down 0.0%

Knowles stock opened at $34.22 on Monday. The stock has a market cap of $2.92 billion, a PE ratio of 44.44 and a beta of 1.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 3.20. The firm's 50-day simple moving average is $37.25 and its 200 day simple moving average is $33.18. Knowles has a fifty-two week low of $20.57 and a fifty-two week high of $42.93.

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

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