Vanguard Group Inc. Trims Position in Knight-Swift Transportation Holdings Inc. $KNX

Vanguard Group Inc. reduced its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 0.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,811,451 shares of the transportation company’s stock after selling 85,398 shares during the quarter. Vanguard Group Inc. owned approximately 9.13% of Knight-Swift Transportation worth $585,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Hussman Strategic Advisors Inc. acquired a new position in shares of Knight-Swift Transportation during the third quarter worth $830,000. Deprince Race & Zollo Inc. lifted its position in Knight-Swift Transportation by 5.8% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 701,856 shares of the transportation company’s stock worth $27,730,000 after acquiring an additional 38,474 shares during the period. Allspring Global Investments Holdings LLC grew its stake in Knight-Swift Transportation by 21.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock valued at $169,826,000 after purchasing an additional 765,833 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of Knight-Swift Transportation in the third quarter valued at about $749,000. Finally, Entropy Technologies LP acquired a new position in shares of Knight-Swift Transportation in the second quarter valued at about $1,232,000. 88.77% of the stock is currently owned by institutional investors.

Knight-Swift Transportation Stock Up 1.8%

Shares of NYSE:KNX opened at $60.24 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86. The company’s fifty day moving average is $56.62 and its two-hundred day moving average is $48.66. Knight-Swift Transportation Holdings Inc. has a 1-year low of $36.69 and a 1-year high of $62.63. The stock has a market capitalization of $9.78 billion, a price-to-earnings ratio of 146.93, a price-to-earnings-growth ratio of 0.88 and a beta of 1.15.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same quarter in the previous year, the company posted $0.36 earnings per share. The firm’s revenue for the quarter 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. Equities analysts anticipate that Knight-Swift Transportation Holdings Inc. 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. Stockholders of record on Friday, March 6th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, March 6th. Knight-Swift Transportation’s payout ratio is 175.61%.

Insiders Place Their Bets

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 1,243 shares of Knight-Swift Transportation stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $60.87, for a total transaction of $75,661.41. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO James L. Fitzsimmons sold 5,917 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $54.77, for a total transaction of $324,074.09. Following the transaction, the chief operating officer owned 8,716 shares in the company, valued at approximately $477,375.32. This represents a 40.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 76,852 shares of company stock valued at $4,256,770 in the last 90 days. Insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KNX. Wells Fargo & Company boosted their target price on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Citigroup reiterated a “neutral” rating and set a $64.00 target price on shares of Knight-Swift Transportation in a research report on Friday, February 6th. Zacks Research upgraded shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. TD Cowen increased their price target on Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Finally, Evercore increased their price objective on shares of Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus 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.