Knowles (NYSE:KN) Hits New 1-Year High – What’s Next?

Shares of Knowles Corporation (NYSE:KN) hit a new 52-week high during trading on Monday . The stock traded as high as $42.63 and last traded at $42.8360, with a volume of 808951 shares changing hands. The stock had previously closed at $41.37.

Analyst Upgrades and Downgrades

Several equities analysts have commented on KN shares. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Robert W. Baird increased their price objective on Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Craig Hallum reiterated a “buy” rating and issued a $38.00 target price on shares of Knowles in a report on Friday, April 24th. Finally, Zacks Research raised Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.33.

Knowles Stock Up 0.2%

The company has a debt-to-equity ratio of 0.17, a current ratio of 3.27 and a quick ratio of 1.77. The company has a market cap of $3.44 billion, a PE ratio of 62.78 and a beta of 1.60. The business’s 50 day moving average is $35.49 and its 200-day moving average is $28.56.

Knowles (NYSE:KN) last announced its quarterly earnings data on Thursday, April 23rd. The communications equipment provider reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $153.10 million for the quarter, compared to the consensus estimate of $147.40 million. Knowles had a net margin of 9.10% and a return on equity of 10.66%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 EPS. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. As a group, analysts predict that Knowles Corporation will post 0.94 EPS for the current year.

Insiders Place Their Bets

In related news, VP Air A. Jr. Bastarrica sold 3,623 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $30.91, for a total transaction of $111,986.93. Following the completion of the sale, the vice president owned 47,569 shares in the company, valued at $1,470,357.79. The trade was a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeffrey Niew sold 142,857 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $33.25, for a total value of $4,749,995.25. Following the completion of the transaction, the chief executive officer directly owned 883,719 shares of the company’s stock, valued at $29,383,656.75. This trade represents a 13.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 173,058 shares of company stock valued at $5,809,156 in the last ninety days. Insiders own 2.24% of the company’s stock.

Institutional Trading of Knowles

Several institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. grew its position in shares of Knowles by 5.3% in the 1st quarter. Pacer Advisors Inc. now owns 12,137 shares of the communications equipment provider’s stock valued at $312,000 after buying an additional 609 shares during the last quarter. Edgestream Partners L.P. lifted its position in Knowles by 169.4% in the first quarter. Edgestream Partners L.P. now owns 274,840 shares of the communications equipment provider’s stock valued at $7,058,000 after acquiring an additional 172,819 shares during the last quarter. Amundi boosted its stake in Knowles by 239.2% in the first quarter. Amundi now owns 86,254 shares of the communications equipment provider’s stock valued at $2,215,000 after acquiring an additional 60,822 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Knowles by 30.7% in the first quarter. EverSource Wealth Advisors LLC now owns 4,397 shares of the communications equipment provider’s stock valued at $113,000 after acquiring an additional 1,033 shares in the last quarter. Finally, California State Teachers Retirement System grew its holdings in shares of Knowles by 24.9% during the first quarter. California State Teachers Retirement System now owns 104,881 shares of the communications equipment provider’s stock worth $2,693,000 after purchasing an additional 20,924 shares during the last quarter. Hedge funds and other institutional investors own 96.35% of the company’s stock.

About Knowles

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.