Knight-Swift Transportation Holdings Inc. $KNX Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lessened its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 86.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,794 shares of the transportation company’s stock after selling 109,206 shares during the quarter. WINTON GROUP Ltd’s holdings in Knight-Swift Transportation were worth $1,308,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pzena Investment Management LLC acquired a new position in shares of Knight-Swift Transportation in the 4th quarter worth approximately $66,151,000. California Public Employees Retirement System boosted its holdings in Knight-Swift Transportation by 3.1% in the first quarter. California Public Employees Retirement System now owns 291,883 shares of the transportation company’s stock worth $16,807,000 after purchasing an additional 8,653 shares during the period. First Trust Advisors LP increased its stake in Knight-Swift Transportation by 36.1% during the first quarter. First Trust Advisors LP now owns 523,801 shares of the transportation company’s stock valued at $30,160,000 after purchasing an additional 138,949 shares during the last quarter. William Blair Investment Management LLC raised its holdings in shares of Knight-Swift Transportation by 6.7% during the fourth quarter. William Blair Investment Management LLC now owns 544,239 shares of the transportation company’s stock worth $28,453,000 after purchasing an additional 34,320 shares during the period. Finally, Brandes Investment Partners LP lifted its position in shares of Knight-Swift Transportation by 12.3% in the 4th quarter. Brandes Investment Partners LP now owns 1,414,368 shares of the transportation company’s stock worth $73,943,000 after buying an additional 154,525 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on KNX. Susquehanna boosted their price objective on shares of Knight-Swift Transportation from $90.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, July 23rd. Citigroup reaffirmed a “market outperform” rating on shares of Knight-Swift Transportation in a report on Wednesday, August 26th. Benchmark increased their price target on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. TD Cowen raised their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Bank of America upped their price objective on Knight-Swift Transportation from $90.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $84.26.

Insider Transactions at Knight-Swift Transportation

In related news, Director David Vander Ploeg sold 2,200 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total transaction of $115,126.00. Following the transaction, the director directly owned 30,252 shares of the company’s stock, valued at approximately $1,583,087.16. The trade was a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Cary M. Flanagan sold 3,600 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $70.82, for a total value of $254,952.00. Following the completion of the sale, the chief accounting officer directly owned 5,405 shares of the company’s stock, valued at approximately $382,782.10. This represents a 39.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 224,954 shares of company stock valued at $16,183,454 over the last quarter. Company insiders own 2.90% of the company’s stock.

Knight-Swift Transportation Price Performance

NYSE KNX opened at $67.75 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. Knight-Swift Transportation Holdings Inc. has a 1 year low of $38.63 and a 1 year high of $82.86. The company has a market cap of $11.03 billion, a PE ratio of 260.59, a PEG ratio of 0.56 and a beta of 1.18. The stock’s 50-day moving average price is $71.45 and its two-hundred day moving average price is $67.92.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same period last year, the firm posted $0.21 earnings per share. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. On average, analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.49 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be issued a $0.20 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Knight-Swift Transportation’s dividend payout ratio is presently 307.69%.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, intermodal services and logistics solutions for commercial and industrial customers.

The company operates a large fleet of tractors and trailers and offers dedicated and irregular-route truckload services, freight brokerage and supply-chain support. Its less-than-truckload business transports smaller shipments through regional and national networks, while its intermodal operations combine rail and highway transportation.