Knowles Corporation (NYSE:KN – Get Free Report) has received a consensus recommendation of “Hold” from the five brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $27.6667.
A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Zacks Research cut Knowles from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 12th. Finally, Craig Hallum reiterated a “buy” rating and set a $30.00 price objective on shares of Knowles in a research note on Friday, February 6th.
Get Our Latest Analysis on Knowles
Knowles Trading Up 2.3%
Knowles (NYSE:KN – Get Free Report) last issued 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. Knowles had a net margin of 7.45% and a return on equity of 9.76%. The firm had revenue of $162.20 million during the quarter, compared to analyst estimates of $156.23 million. During the same quarter last year, the business earned $0.27 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.
Insider Buying and Selling at Knowles
In other news, Director Keith Barnes sold 41,048 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $27.16, for a total value of $1,114,863.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Raymond D. Cabrera sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $26.75, for a total transaction of $267,500.00. Following the transaction, the senior vice president directly owned 102,019 shares of the company’s stock, valued at approximately $2,729,008.25. This represents a 8.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 248,742 shares of company stock worth $6,549,780. 2.24% of the stock is owned by corporate insiders.
Institutional Trading of Knowles
Several institutional investors and hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. grew its position in shares of Knowles by 94.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 895 shares in the last quarter. McMillan Office Inc. purchased a new stake in shares of Knowles in the fourth quarter worth $39,000. Torren Management LLC bought a new stake in Knowles during the fourth quarter valued at $43,000. NBC Securities Inc. bought a new stake in Knowles during the fourth quarter valued at $52,000. Finally, Kestra Advisory Services LLC purchased a new position in Knowles during the fourth quarter worth about $54,000. 96.35% of the stock is currently owned by hedge funds and other institutional investors.
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.
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