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

Shares of Knowles Corporation (NYSE:KN) reached a new 52-week high on Thursday . The company traded as high as $24.70 and last traded at $24.7920, with a volume of 47210 shares traded. The stock had previously closed at $24.00.

Wall Street Analyst Weigh In

KN has been the topic of a number of recent analyst reports. Zacks Research raised shares of Knowles to a “hold” rating in a research report on Friday, December 19th. Susquehanna increased their target price on Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Craig Hallum set a $28.00 price objective on Knowles and gave the company a “buy” rating in a report on Friday, October 24th. Finally, Robert W. Baird set a $30.00 target price on Knowles in a research report on Friday, October 24th. Two equities 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, the stock has an average rating of “Hold” and a consensus target price of $27.00.

Knowles Price Performance

The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 51.17 and a beta of 1.50. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.90 and a quick ratio of 1.19. The stock has a 50-day moving average price of $22.48 and a 200 day moving average price of $21.74.

Knowles (NYSE:KN) last released its quarterly earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.08. The firm had revenue of $152.90 million for the quarter, compared to the consensus estimate of $149.08 million. Knowles had a return on equity of 8.98% and a net margin of 7.27%.The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.26 EPS. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

Insider Transactions at Knowles

In other Knowles news, CEO Jeffrey Niew sold 98,252 shares of Knowles stock in a transaction on Friday, October 31st. The shares were sold at an average price of $23.71, for a total value of $2,329,554.92. Following the transaction, the chief executive officer directly owned 939,370 shares in the company, valued at approximately $22,272,462.70. The trade was a 9.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 186,656 shares of company stock worth $4,421,469. Company insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. lifted its stake in shares of Knowles by 10.5% in the third quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock valued at $119,072,000 after purchasing an additional 484,500 shares during the period. Cramer Rosenthal Mcglynn LLC increased its holdings in Knowles by 5.6% in the third quarter. Cramer Rosenthal Mcglynn LLC now owns 1,421,713 shares of the communications equipment provider’s stock valued at $33,140,000 after buying an additional 75,367 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Knowles by 365.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock valued at $32,502,000 after acquiring an additional 1,094,715 shares during the period. Raymond James Financial Inc. lifted its position in shares of Knowles by 52.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,360,918 shares of the communications equipment provider’s stock valued at $31,723,000 after acquiring an additional 470,100 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Knowles by 6.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,220,236 shares of the communications equipment provider’s stock worth $21,635,000 after acquiring an additional 70,078 shares during the period. Institutional investors and hedge funds 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.