Knowles (NYSE:KN) SVP Robert Perna Sells 9,221 Shares of Stock

Knowles Corporation (NYSE:KN) SVP Robert Perna sold 9,221 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $27.88, for a total transaction of $257,081.48. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Knowles Stock Down 1.9%

Shares of NYSE KN opened at $27.94 on Friday. The company’s 50 day moving average price is $24.55 and its 200-day moving average price is $23.17. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.58 and a current ratio of 2.75. Knowles Corporation has a 52-week low of $12.19 and a 52-week high of $28.74. The company has a market capitalization of $2.37 billion, a P/E ratio of 54.79 and a beta of 1.52.

Knowles (NYSE:KN) last announced its earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $162.20 million during the quarter, compared to the consensus estimate of $156.23 million. Knowles had a net margin of 7.45% and a return on equity of 9.76%. Knowles’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 earnings per share. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on KN. Craig Hallum reiterated a “buy” rating and issued a $30.00 target price on shares of Knowles in a report on Friday, February 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Finally, Zacks Research lowered shares of Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Knowles presently has a consensus rating of “Hold” and a consensus price target of $27.67.

Hedge Funds Weigh In On Knowles

Large investors have recently modified their holdings of the company. Royal Bank of Canada increased its stake in Knowles by 27.0% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Knowles by 4.5% during 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 acquiring an additional 2,245 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Knowles by 7.1% in 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 acquiring an additional 15,827 shares during the last quarter. Jane Street Group LLC bought a new position in Knowles in the 1st quarter valued at about $3,335,000. Finally, CWM LLC boosted its stake in Knowles by 283.2% during the 2nd quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock valued at $181,000 after purchasing an additional 7,586 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors.

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.