Boston Partners Increases Stock Position in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Boston Partners increased its stake in Knight-Swift Transportation Holdings Inc. by 32.4% during the first quarter, owning nearly 38,000 shares valued at approximately $1.65 million after the purchase.
• Knight-Swift's stock has seen a decline of 3.1% recently, trading at $42.11, while holding a market cap of $6.83 billion.
• The company declared a quarterly dividend of $0.18 per share, with a 1.7% dividend yield and a payout ratio of 70.59%.

Boston Partners lifted its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 32.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,993 shares of the transportation company's stock after acquiring an additional 9,296 shares during the period. Boston Partners' holdings in Knight-Swift Transportation were worth $1,652,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in KNX. Voya Investment Management LLC lifted its stake in Knight-Swift Transportation by 0.9% in the fourth 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. Benjamin Edwards Inc. lifted its stake in Knight-Swift Transportation by 3.3% in the fourth quarter. Benjamin Edwards Inc. now owns 6,687 shares of the transportation company's stock worth $355,000 after purchasing an additional 216 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Knight-Swift Transportation by 40.0% in the first quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock valued at $49,000 after purchasing an additional 324 shares during the period. Tectonic Advisors LLC boosted its holdings in shares of Knight-Swift Transportation by 0.6% in the first quarter. Tectonic Advisors LLC now owns 62,715 shares of the transportation company's stock valued at $2,727,000 after purchasing an additional 403 shares during the period. Finally, Dean Capital Management boosted its holdings in shares of Knight-Swift Transportation by 1.6% in the fourth quarter. Dean Capital Management now owns 28,815 shares of the transportation company's stock valued at $1,528,000 after purchasing an additional 446 shares during the period. Hedge funds and other institutional investors own 88.77% of the company's stock.

Knight-Swift Transportation Stock Performance

KNX traded up $2.3280 during trading on Friday, hitting $45.0480. 2,646,349 shares of the stock were exchanged, compared to its average volume of 2,854,287. The stock has a fifty day moving average price of $44.17 and a two-hundred day moving average price of $44.87. Knight-Swift Transportation Holdings Inc. has a 1-year low of $36.69 and a 1-year 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. The firm has a market capitalization of $7.31 billion, a P/E ratio of 44.21, a PEG ratio of 0.63 and a beta of 1.17.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The business had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.87 billion. During the same period in the prior year, the company earned $0.24 earnings per share. The business's revenue was up .8% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, sell-side analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 22nd. Stockholders of record on Friday, September 5th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, September 5th. Knight-Swift Transportation's dividend payout ratio is presently 70.59%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on KNX shares. Susquehanna boosted their price objective on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "positive" rating in a research note on Tuesday, June 24th. Wells Fargo & Company upped their target price on Knight-Swift Transportation from $46.00 to $50.00 and gave the company an "overweight" rating in a research report on Wednesday, May 28th. Bank of America upped their price target on shares of Knight-Swift Transportation from $47.00 to $49.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Robert W. Baird increased their target price on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Finally, Baird R W raised shares of Knight-Swift Transportation to a "strong-buy" rating in a research note on Tuesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $53.88.

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.