Knight-Swift Transportation Holdings Inc. $KNX Shares Bought by Versor Investments LP

Versor Investments LP grew its stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 38.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,016 shares of the transportation company’s stock after acquiring an additional 6,724 shares during the period. Versor Investments LP’s holdings in Knight-Swift Transportation were worth $1,062,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Brooklyn Investment Group lifted its position in shares of Knight-Swift Transportation by 93.4% in the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock worth $28,000 after buying an additional 310 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Knight-Swift Transportation by 21.3% in the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock worth $96,000 after buying an additional 379 shares during the last quarter. Tectonic Advisors LLC lifted its position in shares of Knight-Swift Transportation by 0.6% in the 1st quarter. Tectonic Advisors LLC now owns 62,715 shares of the transportation company’s stock worth $2,727,000 after buying an additional 403 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of Knight-Swift Transportation by 4.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 10,302 shares of the transportation company’s stock worth $456,000 after buying an additional 455 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC lifted its position in shares of Knight-Swift Transportation by 4.5% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 11,201 shares of the transportation company’s stock worth $495,000 after buying an additional 481 shares during the last quarter. 88.77% of the stock is currently owned by institutional investors.

Insider Activity at Knight-Swift Transportation

In other Knight-Swift Transportation 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 filing with the SEC, which is available through the SEC website. Company insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

KNX has been the topic of several recent research reports. 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. JPMorgan Chase & Co. lifted their price objective on shares of Knight-Swift Transportation from $48.00 to $49.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. TD Cowen lifted their price objective on shares of Knight-Swift Transportation from $44.00 to $53.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Stifel Nicolaus lifted their price objective on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Knight-Swift Transportation in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $53.29.

Knight-Swift Transportation Stock Up 3.8%

KNX stock opened at $45.19 on Monday. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $61.51. The company has a market capitalization of $7.33 billion, a price-to-earnings ratio of 51.35, a price-to-earnings-growth ratio of 0.89 and a beta of 1.14. The firm’s 50-day moving average is $43.04 and its two-hundred day moving average is $43.35. The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the firm posted $0.34 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Shareholders of record on Friday, September 5th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, September 5th. Knight-Swift Transportation’s payout ratio is 81.82%.

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.