Key Points
- Knowles COO Daniel Giesecke sold 20,201 shares on May 27 at an average price of $37.32, generating about $753,901 and trimming his stake by 10.3%. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- Knowles reported solid first-quarter results, with EPS of $0.27 beating estimates of $0.24 and revenue of $153.1 million topping expectations. Revenue rose 15.8% year over year, and the company guided Q2 2026 EPS to a range of 0.280-0.320.
- Analyst sentiment remains constructive, with recent upgrades and price-target increases from firms including Zacks, Baird, and Craig Hallum. The stock carries a consensus rating of “Moderate Buy” and an average target price of $33.33.
Knowles Corporation (NYSE:KN - Get Free Report) COO Daniel Giesecke sold 20,201 shares of the company's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total value of $753,901.32. Following the completion of the sale, the chief operating officer owned 175,855 shares in the company, valued at $6,562,908.60. This trade represents a 10.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Knowles Trading Down 1.4%
NYSE KN opened at $37.44 on Friday. Knowles Corporation has a 12 month low of $16.11 and a 12 month high of $38.56. The company has a current ratio of 3.27, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The business's 50-day moving average price is $30.89 and its two-hundred day moving average price is $26.43. The firm has a market capitalization of $3.20 billion, a PE ratio of 58.50 and a beta of 1.56.
Knowles (NYSE:KN - Get Free Report) last announced its earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The company had revenue of $153.10 million for the quarter, compared to analyst estimates of $147.40 million. During the same quarter in the prior year, the company earned $0.18 EPS. The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. On average, analysts expect that Knowles Corporation will post 0.94 EPS for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on KN shares. Weiss Ratings restated a "hold (c)" rating on shares of Knowles in a research report on Friday, May 22nd. Zacks Research upgraded Knowles from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 12th. Robert W. Baird increased their price target on Knowles from $30.00 to $39.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Finally, Craig Hallum reiterated a "buy" rating and issued a $38.00 price target on shares of Knowles in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $33.33.
Read Our Latest Report on KN
Institutional Trading of Knowles
Several institutional investors and hedge funds have recently modified their holdings of KN. Royal Bank of Canada raised its stake in shares of Knowles by 27.0% in the first quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider's stock worth $1,064,000 after purchasing an additional 14,900 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Knowles by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider's stock worth $786,000 after purchasing an additional 2,245 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Knowles by 7.1% in the first 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 purchasing an additional 15,827 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Knowles in the first quarter worth approximately $3,335,000. Finally, Norges Bank purchased a new stake in shares of Knowles in the second quarter worth approximately $1,255,000. 96.35% of the stock is owned by hedge funds and other institutional investors.
About Knowles
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Get Free Report)
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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