Beaconlight Capital LLC Acquires Shares of 88,047 Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Beaconlight Capital acquired 88,047 shares of Knight-Swift Transportation worth approximately $6.86 million, representing a 0.05% stake and 2.4% of the fund’s portfolio. Institutional investors collectively own 88.77% of KNX.
• 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 provided third-quarter 2026 EPS guidance of $0.71–$0.77.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $84.44 versus the stock’s reported price of $67.28. The company also declared a quarterly dividend of $0.20 per share, yielding approximately 1.2% annually.

Beaconlight Capital LLC purchased a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 88,047 shares of the transportation company's stock, valued at approximately $6,856,000. Knight-Swift Transportation makes up 2.4% of Beaconlight Capital LLC's holdings, making the stock its 13th largest holding. Beaconlight Capital LLC owned 0.05% of Knight-Swift Transportation as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in KNX. Strs Ohio grew its stake in shares of Knight-Swift Transportation by 24.7% during the fourth quarter. Strs Ohio now owns 448,471 shares of the transportation company's stock valued at $23,446,000 after purchasing an additional 88,707 shares during the last quarter. WINTON GROUP Ltd bought a new position in Knight-Swift Transportation in the 4th quarter worth approximately $6,551,000. Pzena Investment Management LLC bought a new position in Knight-Swift Transportation in the 4th quarter worth approximately $66,151,000. California Public Employees Retirement System raised its position in Knight-Swift Transportation by 3.1% in the 1st 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 last quarter. Finally, First Trust Advisors LP lifted its holdings in Knight-Swift Transportation by 36.1% during the 1st quarter. First Trust Advisors LP now owns 523,801 shares of the transportation company's stock worth $30,160,000 after buying an additional 138,949 shares in the last quarter. 88.77% of the stock is owned by institutional investors.

Insider Activity

In other Knight-Swift Transportation news, CEO Reid Dove sold 126,864 shares of the company's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $73.13, for a total value of $9,277,564.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ploeg David Vander sold 2,200 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the completion of the transaction, the director owned 30,252 shares in the company, valued at approximately $1,583,087.16. This trade represents a 6.78% decrease in their position. 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 in the last quarter. Company insiders own 2.90% of the company's stock.

Knight-Swift Transportation Trading Up 0.1%

NYSE:KNX opened at $67.28 on Monday. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $38.63 and a fifty-two week high of $82.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $10.95 billion, a PE ratio of 258.78, a price-to-earnings-growth ratio of 0.56 and a beta of 1.18. The business's 50-day simple moving average is $72.87 and its 200-day simple moving average is $67.32.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.12. The firm had revenue of $2.10 billion during 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 company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Sell-side analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.49 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, September 4th. Knight-Swift Transportation's dividend payout ratio (DPR) is 307.69%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on KNX shares. UBS Group raised their price target on Knight-Swift Transportation from $79.00 to $94.00 and gave the company a "buy" rating in a report on Monday, June 1st. Bank of America boosted their price objective on Knight-Swift Transportation from $90.00 to $98.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Weiss Ratings restated a "hold (c-)" rating on shares of Knight-Swift Transportation in a research report on Monday, July 13th. Stephens raised shares of Knight-Swift Transportation to a "strong-buy" rating in a research note on Wednesday, July 8th. Finally, Barclays lifted their price target on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $84.44.

Knight-Swift Transportation Profile

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.

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