Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Short Interest Down 17.9% in January

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 7,921,421 shares, a drop of 17.9% from the January 15th total of 9,653,685 shares. Currently, 5.0% of the shares of the company are sold short. Based on an average trading volume of 3,765,830 shares, the short-interest ratio is currently 2.1 days. Based on an average trading volume of 3,765,830 shares, the short-interest ratio is currently 2.1 days. Currently, 5.0% of the shares of the company are sold short.

Knight-Swift Transportation Trading Down 0.6%

NYSE:KNX traded down $0.37 during trading hours on Monday, reaching $59.53. 2,650,601 shares of the stock were exchanged, compared to its average volume of 3,639,196. Knight-Swift Transportation has a twelve month low of $36.69 and a twelve month high of $62.20. The business has a 50-day moving average of $55.71 and a two-hundred day moving average of $47.90. The company has a market capitalization of $9.66 billion, a price-to-earnings ratio of 145.19, a PEG ratio of 0.88 and a beta of 1.15. The company has a quick ratio of 1.33, a current ratio of 0.86 and a debt-to-equity ratio of 0.30.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.05). Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the prior year, the firm posted $0.36 EPS. Knight-Swift Transportation’s quarterly revenue was down .4% compared to the same quarter last year. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, equities analysts predict that Knight-Swift Transportation will post 2.13 EPS for the current year.

Knight-Swift Transportation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. Knight-Swift Transportation’s payout ratio is currently 175.61%.

Insider Transactions at Knight-Swift Transportation

In related news, SVP Reed Stultz sold 4,692 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total value of $241,684.92. Following the completion of the transaction, the senior vice president directly owned 465 shares in the company, valued at $23,952.15. The trade was a 90.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman Kevin P. Knight sold 35,000 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total value of $1,785,350.00. Following the sale, the chairman owned 1,405,347 shares in the company, valued at $71,686,750.47. This trade represents a 2.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 46,852 shares of company stock worth $2,426,770. 3.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Knight-Swift Transportation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its stake in shares of Knight-Swift Transportation by 23.3% in the first quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock valued at $259,000 after acquiring an additional 1,124 shares in the last quarter. Focus Partners Wealth acquired a new position in Knight-Swift Transportation during the 1st quarter worth $451,000. Blair William & Co. IL purchased a new stake in Knight-Swift Transportation during the 2nd quarter worth about $213,000. IFP Advisors Inc raised its position in Knight-Swift Transportation by 21.3% in the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 379 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its position in Knight-Swift Transportation by 20.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,811 shares of the transportation company’s stock valued at $832,000 after purchasing an additional 3,256 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KNX. Morgan Stanley boosted their price target on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. UBS Group raised their target price on shares of Knight-Swift Transportation from $51.00 to $54.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. Zacks Research upgraded Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. Wells Fargo & Company increased their price target on Knight-Swift Transportation from $58.00 to $60.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Finally, Benchmark lifted their price objective on Knight-Swift Transportation from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $60.00.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.