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

Shares of Knowles Corporation (NYSE:KN) reached a new 52-week high on Friday . The company traded as high as $29.50 and last traded at $29.5680, with a volume of 21782 shares changing hands. The stock had previously closed at $29.00.

Wall Street Analyst Weigh In

KN has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Craig Hallum reaffirmed a “buy” rating and set a $30.00 price target on shares of Knowles in a research report on Friday, February 6th. Finally, Zacks Research raised Knowles from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Knowles presently has an average rating of “Hold” and an average target price of $27.67.

Knowles Stock Up 2.4%

The company has a quick ratio of 1.58, a current ratio of 2.75 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.54 billion, a PE ratio of 58.22 and a beta of 1.49. The stock has a 50-day moving average of $26.59 and a 200 day moving average of $24.33.

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

Insider Activity at Knowles

In other Knowles news, SVP Raymond D. Cabrera sold 10,000 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $26.75, for a total value of $267,500.00. Following the completion of the sale, the senior vice president directly owned 102,019 shares of the company’s stock, valued at $2,729,008.25. This trade represents a 8.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Keith Barnes sold 41,048 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $27.16, for a total value of $1,114,863.68. The SEC filing for this sale provides additional information. Insiders sold a total of 198,742 shares of company stock valued at $5,312,280 in the last ninety days. Insiders own 2.24% of the company’s stock.

Institutional Trading of Knowles

Large investors have recently bought and sold shares of the company. Osaic Holdings Inc. increased its position in Knowles by 94.5% in the second quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock worth $31,000 after buying an additional 895 shares during the last quarter. McMillan Office Inc. purchased a new stake in Knowles in the fourth quarter worth $39,000. Torren Management LLC purchased a new stake in Knowles in the fourth quarter worth $43,000. NBC Securities Inc. purchased a new stake in Knowles in the fourth quarter worth $52,000. Finally, Kestra Advisory Services LLC purchased a new stake in Knowles in the fourth quarter worth $54,000. 96.35% of the stock is owned by hedge funds and other 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.