Knowles (NYSE:KN) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Knowles (NYSE:KN) announced its quarterly earnings data on Thursday. The communications equipment provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03, FiscalAI reports. The company had revenue of $166.80 million during the quarter, compared to the consensus estimate of $156.97 million. Knowles had a net margin of 9.10% and a return on equity of 10.66%. Knowles updated its Q3 2026 guidance to 0.340-0.380 EPS.

Knowles Stock Performance

Shares of NYSE KN traded up $2.64 during midday trading on Thursday, reaching $39.25. The company’s stock had a trading volume of 2,270,327 shares, compared to its average volume of 858,768. Knowles has a 12-month low of $18.45 and a 12-month high of $42.93. The firm has a 50 day moving average price of $37.88 and a 200-day moving average price of $30.78. The stock has a market capitalization of $3.36 billion, a P/E ratio of 61.34 and a beta of 1.59. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.27 and a quick ratio of 1.77.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Zacks Research downgraded shares of Knowles from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Craig Hallum reiterated a “buy” rating and set a $38.00 price objective on shares of Knowles in a report on Friday, April 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research report on Friday, May 22nd. Finally, Robert W. Baird upped their target price on shares of Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Knowles currently has an average rating of “Hold” and a consensus target price of $33.33.

Insider Buying and Selling at Knowles

In related news, VP Air A. Jr. Bastarrica sold 3,623 shares of Knowles stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $30.91, for a total value of $111,986.93. Following the completion of the sale, the vice president owned 47,569 shares of the company’s stock, valued at approximately $1,470,357.79. This trade represents a 7.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Daniel J. Giesecke sold 20,201 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total transaction of $753,901.32. Following the completion of the sale, the chief operating officer directly owned 175,855 shares in the company, valued at approximately $6,562,908.60. This trade represents a 10.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 173,058 shares of company stock worth $5,809,156 in the last quarter. 2.24% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KN. Mangrove Partners IM LLC purchased a new stake in Knowles in the 4th quarter worth approximately $218,000. Brooklyn Investment Group purchased a new position in shares of Knowles during the 4th quarter valued at $261,000. Financiere des Professionnels Fonds d investissement inc. increased its holdings in shares of Knowles by 30.1% in the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 11,273 shares of the communications equipment provider’s stock worth $242,000 after purchasing an additional 2,610 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of Knowles in the third quarter worth $212,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Knowles in the third quarter worth $214,000. 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.