B. Metzler seel. Sohn & Co. AG Boosts Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• B. Metzler seel. Sohn & Co. AG has increased its stake in Knight-Swift Transportation by 110.8%, acquiring a total of 128,020 shares valued at approximately $5.57 million.
• The company reported a quarterly earnings per share (EPS) of $0.35, slightly above analysts' expectations of $0.34, while revenue was up 0.8% compared to the same quarter last year.
• Knight-Swift Transportation recently declared a quarterly dividend of $0.18 per share, representing an annualized yield of 1.6% with a payout ratio of 70.59%.

B. Metzler seel. Sohn & Co. AG grew its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 110.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 128,020 shares of the transportation company's stock after purchasing an additional 67,289 shares during the period. B. Metzler seel. Sohn & Co. AG owned 0.08% of Knight-Swift Transportation worth $5,567,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of KNX. Hsbc Holdings PLC boosted its stake in shares of Knight-Swift Transportation by 45.0% during the 4th quarter. Hsbc Holdings PLC now owns 81,011 shares of the transportation company's stock worth $4,290,000 after purchasing an additional 25,139 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Knight-Swift Transportation by 9.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 103,958 shares of the transportation company's stock worth $5,515,000 after purchasing an additional 8,987 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of Knight-Swift Transportation by 0.9% during the 4th quarter. Voya Investment Management LLC now owns 20,550 shares of the transportation company's stock worth $1,090,000 after purchasing an additional 192 shares during the last quarter. Quarry LP boosted its stake in shares of Knight-Swift Transportation by 41.6% during the 4th quarter. Quarry LP now owns 1,701 shares of the transportation company's stock worth $90,000 after purchasing an additional 500 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Knight-Swift Transportation by 28.1% during the 4th quarter. Northern Trust Corp now owns 1,470,689 shares of the transportation company's stock worth $78,005,000 after acquiring an additional 322,541 shares during the period. 88.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Susquehanna increased their price objective on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "positive" rating in a report on Tuesday, June 24th. The Goldman Sachs Group upgraded shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $45.00 to $65.00 in a report on Monday, June 2nd. Robert W. Baird increased their price objective on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Barclays cut their price objective on shares of Knight-Swift Transportation from $58.00 to $55.00 and set an "overweight" rating on the stock in a report on Thursday, July 10th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $53.88.

Knight-Swift Transportation Stock Down 0.1%

Shares of KNX traded down $0.06 during mid-day trading on Monday, reaching $43.88. 1,990,528 shares of the stock traded hands, compared to its average volume of 2,325,594. The firm has a market cap of $7.12 billion, a price-to-earnings ratio of 43.02, a P/E/G ratio of 0.66 and a beta of 1.19. The stock has a fifty day simple moving average of $44.32 and a 200 day simple moving average of $44.28. Knight-Swift Transportation Holdings Inc. has a 12-month low of $36.69 and a 12-month high of $61.51. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.30.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.87 billion. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The business's quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 earnings per share. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. Sell-side analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 22nd. Stockholders of record on Friday, September 5th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, September 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.6%. Knight-Swift Transportation's dividend payout ratio (DPR) is currently 70.59%.

Knight-Swift Transportation 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.