Legato Capital Management LLC Takes Position in Knight-Swift Transportation Holdings Inc. $KNX

Posted by Stanley Muller on May 24th, 2026

Legato Capital Management LLC acquired a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 39,660 shares of the transportation company’s stock, valued at approximately $2,073,000.

Several other hedge funds also recently modified their holdings of KNX. Caitong International Asset Management Co. Ltd increased its stake in shares of Knight-Swift Transportation by 1,478.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 828 shares in the last quarter. MMA Asset Management LLC bought a new stake in shares of Knight-Swift Transportation in the 3rd quarter valued at $41,000. Fifth Third Bancorp increased its stake in shares of Knight-Swift Transportation by 44.4% in the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 267 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Knight-Swift Transportation by 54.2% in the 4th quarter. Farther Finance Advisors LLC now owns 956 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 336 shares in the last quarter. Finally, Danske Bank A S bought a new stake in shares of Knight-Swift Transportation in the 3rd quarter valued at $99,000. Institutional investors own 88.77% of the company’s stock.

Knight-Swift Transportation Price Performance

Shares of NYSE:KNX opened at $70.12 on Friday. The company’s 50-day moving average is $61.14 and its 200 day moving average is $56.26. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market capitalization of $11.39 billion, a P/E ratio of 333.93 and a beta of 1.15. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $38.63 and a fifty-two week high of $71.63.

Knight-Swift Transportation (NYSE:KNX – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.20). The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.85 billion. Knight-Swift Transportation had a return on equity of 2.94% and a net margin of 0.45%.Knight-Swift Transportation’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period last year, the firm posted $0.28 earnings per share. On average, equities research analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.12 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Investors of record on Monday, June 8th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, June 8th. Knight-Swift Transportation’s payout ratio is 380.95%.

Analyst Ratings Changes

KNX has been the subject of a number of recent research reports. Susquehanna boosted their price target on shares of Knight-Swift Transportation from $60.00 to $72.00 and gave the company a “neutral” rating in a research note on Wednesday, April 22nd. Robert W. Baird boosted their price target on shares of Knight-Swift Transportation from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Barclays boosted their price target on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Wells Fargo & Company boosted their price target on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. Finally, Stifel Nicolaus boosted their price target on shares of Knight-Swift Transportation from $63.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Knight-Swift Transportation currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.71.

Check Out Our Latest Research Report on KNX

Insider Buying and Selling at Knight-Swift Transportation

In related news, CFO Joshua Smith sold 5,770 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $60.91, for a total value of $351,450.70. Following the transaction, the chief financial officer directly owned 9,214 shares of the company’s stock, valued at approximately $561,224.74. The trade was a 38.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.90% of the company’s stock.

About Knight-Swift Transportation

(Free Report)

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.