17,340 Knight-Swift Transportation Holdings Inc. $KNX Shares Acquired by New England Research & Management Inc.

Key Points

• New England Research & Management increased its Knight-Swift Transportation stake by 173.8%, purchasing 17,340 shares to hold 27,315 shares valued at approximately $1.74 million. Institutional investors collectively own 88.77% of the company.
• Knight-Swift reported quarterly EPS of $0.63, beating estimates of $0.51, while revenue rose 12.6% year over year to $2.10 billion. The company also issued third-quarter 2026 EPS guidance of $0.71 to $0.77.
• Shares recently traded at $64.88, down 0.6%, while analysts maintained a broadly positive outlook with a consensus “Moderate Buy” rating and an $82.83 price target. Meanwhile, insiders sold 224,954 shares worth $16.2 million during the latest quarter.

New England Research & Management Inc. grew its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 173.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,315 shares of the transportation company's stock after purchasing an additional 17,340 shares during the quarter. New England Research & Management Inc.'s holdings in Knight-Swift Transportation were worth $1,737,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Blue Trust Inc. boosted its stake in shares of Knight-Swift Transportation by 123.9% during the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company's stock valued at $31,000 after purchasing an additional 301 shares in the last quarter. MCF Advisors LLC increased its holdings in Knight-Swift Transportation by 55.8% during the second quarter. MCF Advisors LLC now owns 676 shares of the transportation company's stock valued at $53,000 after buying an additional 242 shares during the period. Harbor Investment Advisory LLC bought a new position in Knight-Swift Transportation in the first quarter worth approximately $72,000. Bessemer Group Inc. raised its stake in Knight-Swift Transportation by 280.2% in the first quarter. Bessemer Group Inc. now owns 2,129 shares of the transportation company's stock worth $122,000 after buying an additional 1,569 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Knight-Swift Transportation by 40.1% in the third quarter. Farther Finance Advisors LLC now owns 2,516 shares of the transportation company's stock worth $160,000 after buying an additional 720 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company's stock.

Insider Transactions at Knight-Swift Transportation

In other Knight-Swift Transportation news, CEO Reid Dove sold 126,864 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $73.13, for a total value of $9,277,564.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Vander Ploeg sold 2,200 shares of the firm's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total value of $115,126.00. Following the completion of the sale, the director directly owned 30,252 shares of the company's stock, valued at approximately $1,583,087.16. This represents a 6.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 224,954 shares of company stock valued at $16,183,454 in the last quarter. 2.90% of the stock is currently owned by corporate insiders.

Knight-Swift Transportation Stock Down 0.6%

NYSE:KNX traded down $0.40 during midday trading on Friday, reaching $64.88. 2,889,127 shares of the stock traded hands, compared to its average volume of 3,340,440. The stock has a market capitalization of $10.56 billion, a PE ratio of 249.56, a price-to-earnings-growth ratio of 0.55 and a beta of 1.21. Knight-Swift Transportation Holdings Inc. has a 12-month low of $41.24 and a 12-month high of $82.86. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.88. The business has a 50-day moving average of $67.59 and a two-hundred day moving average of $69.39.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.12. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The business's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 earnings per share. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. On average, equities analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.46 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 4th were given a $0.20 dividend. The ex-dividend date of this dividend was 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 (DPR) is presently 307.69%.

Analysts Set New Price Targets

KNX has been the topic of several recent research reports. Stifel Nicolaus increased their target price on Knight-Swift Transportation from $88.00 to $90.00 and gave the company a "buy" rating in a research report on Thursday, October 8th. TD Cowen boosted their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. UBS Group reduced their price target on Knight-Swift Transportation from $94.00 to $82.00 and set a "buy" rating for the company in a research report on Tuesday. Raymond James Financial upped their price objective on Knight-Swift Transportation from $76.00 to $91.00 and gave the stock a "strong-buy" rating in a research note on Thursday, July 2nd. Finally, Citizens Jmp assumed coverage on Knight-Swift Transportation in a research report on Wednesday, July 15th. They set a "market outperform" rating and a $90.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $82.83.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc NYSE: KNX is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, logistics and intermodal services, supporting the movement of consumer, industrial and other commercial goods.

The company operates a broad network of tractors, trailers, terminals and distribution facilities. Its truckload business provides dedicated and irregular-route services, while its less-than-truckload operations consolidate shipments from multiple customers.

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