Junto Capital Management LP Grows Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Junto Capital Management LP lifted its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 252.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,262,145 shares of the transportation company’s stock after acquiring an additional 1,620,224 shares during the quarter. Knight-Swift Transportation accounts for 1.8% of Junto Capital Management LP’s investment portfolio, making the stock its 15th largest position. Junto Capital Management LP owned 1.39% of Knight-Swift Transportation worth $89,377,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in KNX. SJS Investment Consulting Inc. raised its position in Knight-Swift Transportation by 7,100.0% in the third quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 923 shares during the period. Versant Capital Management Inc boosted its position in shares of Knight-Swift Transportation by 111.3% during the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after buying an additional 493 shares during the period. MMA Asset Management LLC purchased a new position in shares of Knight-Swift Transportation during the third quarter worth $41,000. Employees Retirement System of Texas acquired a new stake in shares of Knight-Swift Transportation in the second quarter valued at $58,000. Finally, Bartlett & CO. Wealth Management LLC grew its stake in shares of Knight-Swift Transportation by 68.7% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 2,087 shares of the transportation company’s stock valued at $82,000 after buying an additional 850 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Michael K. Liu sold 1,243 shares of the company’s 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 Securities & Exchange Commission, which can be accessed through this link. Also, CFO Joshua Smith sold 5,770 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $60.91, for a total value of $351,450.70. Following the sale, the chief financial officer directly owned 9,214 shares in the company, valued at $561,224.74. This trade represents a 38.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 42,930 shares of company stock valued at $2,581,186. 3.00% of the stock is owned by insiders.

Knight-Swift Transportation Trading Down 0.2%

NYSE KNX opened at $51.91 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $64.10. The stock has a market capitalization of $8.43 billion, a PE ratio of 126.61, a price-to-earnings-growth ratio of 0.77 and a beta of 1.11. The firm has a 50 day moving average of $58.13 and a two-hundred day moving average of $50.09.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data 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). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.90 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. Knight-Swift Transportation’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. As a group, research analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be issued a dividend of $0.20 per share. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.80 dividend on an annualized basis and a yield of 1.5%. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 195.12%.

Analyst Ratings Changes

KNX has been the topic of several research reports. UBS Group increased their target price on Knight-Swift Transportation from $51.00 to $54.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. Benchmark boosted their price target on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Citigroup raised shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 price objective for the company in a research note on Friday. Wells Fargo & Company set a $64.00 price objective on shares of Knight-Swift Transportation in a report on Friday. Finally, Stephens cut their target price on shares of Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Knight-Swift Transportation presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.78.

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.