Knowles (NYSE:KN) Sets New 52-Week High – What’s Next?

Knowles Corporation (NYSE:KN)’s share price reached a new 52-week high on Tuesday . The company traded as high as $36.41 and last traded at $36.3490, with a volume of 1722198 shares changing hands. The stock had previously closed at $35.28.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Zacks Research raised shares of Knowles from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Robert W. Baird raised their price objective on shares of Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Craig Hallum reissued a “buy” rating and set a $38.00 price target on shares of Knowles in a research report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.33.

Knowles Price Performance

The stock has a market cap of $3.11 billion, a PE ratio of 56.80 and a beta of 1.56. 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 firm’s 50 day moving average price is $27.92 and its two-hundred day moving average price is $25.19.

Knowles (NYSE:KN) last posted its earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The firm had revenue of $153.10 million during 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 revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the company earned $0.18 earnings per share. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. On average, research analysts expect that Knowles Corporation will post 0.94 earnings per share for the current year.

Insider Activity

In related news, SVP Robert J. Perna sold 9,221 shares of the business’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Air A. Jr. Bastarrica sold 3,623 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $30.91, for a total transaction of $111,986.93. Following the transaction, the vice president directly owned 47,569 shares of the company’s stock, valued at approximately $1,470,357.79. This represents a 7.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 210,548 shares of company stock worth $6,635,758 in the last three months. Insiders own 2.24% of the company’s stock.

Hedge Funds Weigh In On Knowles

Several hedge funds have recently bought and sold shares of KN. Royal Bank of Canada grew its stake in Knowles by 27.0% during the first quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider’s stock valued at $1,064,000 after acquiring an additional 14,900 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in 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 valued at $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 grew its stake in Knowles by 7.1% during the first 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 valued at $3,626,000 after acquiring an additional 15,827 shares in the last quarter. Jane Street Group LLC bought a new stake in Knowles during the first quarter valued at approximately $3,335,000. Finally, Norges Bank bought a new stake in Knowles during the second quarter valued at approximately $1,255,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

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.