Key Points
- Knowles director Cheryl Shavers sold 6,618 shares for approximately $259,889, reducing her position by 15.63% to 35,723 shares. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
- Knowles reported quarterly EPS of $0.33, beating estimates by $0.02, while revenue rose 14.3% year over year to $166.8 million. The company guided to third-quarter EPS of $0.34–$0.38.
- Analysts maintain a generally positive outlook, with the stock carrying an average “Buy” rating and a $40.67 average price target, compared with a recent opening price of $36.10.
Knowles Corporation (NYSE:KN - Get Free Report) Director Cheryl Shavers sold 6,618 shares of Knowles stock in a transaction that occurred 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 transaction, the director owned 35,723 shares of the company's stock, valued at approximately $1,402,842.21. This trade represents a 15.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Knowles Stock Performance
NYSE:KN opened at $36.10 on Wednesday. The stock's fifty day moving average is $38.24 and its 200 day moving average is $32.68. Knowles Corporation has a fifty-two week low of $20.10 and a fifty-two week high of $42.93. The firm has a market capitalization of $3.08 billion, a PE ratio of 46.89 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.
Knowles (NYSE:KN - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The communications equipment provider reported $0.33 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 period in the previous year, the firm earned $0.24 earnings per share. 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. On average, sell-side analysts anticipate that Knowles Corporation will post 1.02 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in KN. MassMutual Private Wealth & Trust FSB raised its stake in shares of Knowles by 35.9% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,151 shares of the communications equipment provider's stock worth $48,000 after purchasing an additional 304 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its position in Knowles by 0.6% in the first quarter. Y Intercept Hong Kong Ltd now owns 76,098 shares of the communications equipment provider's stock valued at $1,954,000 after buying an additional 463 shares during the last quarter. ProShare Advisors LLC increased its holdings in Knowles by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 16,612 shares of the communications equipment provider's stock worth $356,000 after buying an additional 504 shares during the period. Pacer Advisors Inc. raised its position in Knowles by 5.3% during the 1st quarter. Pacer Advisors Inc. now owns 12,137 shares of the communications equipment provider's stock worth $312,000 after buying an additional 609 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Knowles by 1.2% during the 4th quarter. Royal Bank of Canada now owns 53,002 shares of the communications equipment provider's stock worth $1,136,000 after buying an additional 638 shares during the last quarter. Hedge funds and other institutional investors own 96.35% of the company's stock.
Wall Street Analysts Forecast Growth
KN has been the topic of several analyst reports. Robert W. Baird set a $44.00 price target on shares of Knowles in a report on Friday, July 24th. Wall Street Zen downgraded shares of Knowles from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings upgraded Knowles from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday. Craig Hallum reaffirmed a "buy" rating and set a $38.00 target price on shares of Knowles in a research note on Friday, April 24th. Finally, Zacks Research upgraded Knowles from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $40.67.
Get Our Latest Stock Analysis on KN
Knowles Company Profile
(
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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