Yousif Capital Management LLC Sells 1,277 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Yousif Capital Management LLC trimmed its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,462 shares of the transportation company’s stock after selling 1,277 shares during the quarter. Yousif Capital Management LLC’s holdings in Knight-Swift Transportation were worth $2,586,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC lifted its position in Knight-Swift Transportation by 611.7% in the 1st quarter. Cerity Partners LLC now owns 34,074 shares of the transportation company’s stock valued at $1,482,000 after acquiring an additional 29,286 shares in the last quarter. Aviance Capital Partners LLC lifted its position in Knight-Swift Transportation by 6.3% in the 1st quarter. Aviance Capital Partners LLC now owns 110,932 shares of the transportation company’s stock valued at $4,824,000 after acquiring an additional 6,592 shares in the last quarter. Washington Capital Management Inc. bought a new stake in Knight-Swift Transportation in the 2nd quarter valued at $464,000. Wealth Enhancement Advisory Services LLC lifted its position in Knight-Swift Transportation by 668.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,743 shares of the transportation company’s stock valued at $1,511,000 after acquiring an additional 30,219 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in Knight-Swift Transportation by 2.8% in the 1st quarter. State of Alaska Department of Revenue now owns 18,968 shares of the transportation company’s stock valued at $824,000 after acquiring an additional 510 shares in the last quarter. 88.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on KNX shares. Raymond James Financial boosted their price objective on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “strong-buy” rating in a research report on Tuesday. Bank of America raised shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $41.00 to $50.00 in a research report on Thursday. Barclays cut their price objective on shares of Knight-Swift Transportation from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, October 2nd. Baird R W raised shares of Knight-Swift Transportation to a “strong-buy” rating in a research report on Tuesday, July 1st. Finally, UBS Group cut shares of Knight-Swift Transportation from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $46.00 to $51.00 in a research report on Friday, September 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.65.

Insider Buying and Selling at Knight-Swift Transportation

In other news, EVP Michael K. Liu sold 3,420 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.00% of the stock is owned by corporate insiders.

Knight-Swift Transportation Trading Up 0.1%

Shares of NYSE:KNX opened at $47.07 on Friday. The company’s 50-day moving average price is $42.54 and its two-hundred day moving average price is $42.95. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.89 and a quick ratio of 0.89. Knight-Swift Transportation Holdings Inc. has a one year low of $36.69 and a one year high of $61.51. The stock has a market capitalization of $7.64 billion, a PE ratio of 46.15, a price-to-earnings-growth ratio of 0.83 and a beta of 1.14.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.87 billion. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. Knight-Swift Transportation’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. On average, equities analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 22nd. Stockholders of record on Friday, September 5th were paid a dividend of $0.18 per share. The ex-dividend date was Friday, September 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.5%. Knight-Swift Transportation’s payout ratio is currently 70.59%.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.