Campbell & CO Investment Adviser LLC Invests $4.76 Million in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Campbell & CO Investment Adviser LLC has acquired 109,429 shares of Knight-Swift Transportation Holdings, valued at approximately $4,759,000, increasing their stake to 0.07% of the company.
• Several hedge funds, including Vanguard Group and Victory Capital Management, have recently adjusted their positions in Knight-Swift Transportation, reflecting increased institutional interest.
• The stock currently has a consensus rating of "Moderate Buy" with an average price target of $53.88, following various upward revisions from analysts.

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 109,429 shares of the transportation company's stock, valued at approximately $4,759,000. Campbell & CO Investment Adviser LLC owned approximately 0.07% of Knight-Swift Transportation as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KNX. Larson Financial Group LLC boosted its holdings in shares of Knight-Swift Transportation by 9,383.3% in the 1st quarter. Larson Financial Group LLC now owns 569 shares of the transportation company's stock valued at $25,000 after buying an additional 563 shares during the period. Brooklyn Investment Group raised its position in shares of Knight-Swift Transportation by 93.4% during the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company's stock worth $28,000 after purchasing an additional 310 shares during the period. UMB Bank n.a. raised its position in shares of Knight-Swift Transportation by 40.0% during the 1st quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock worth $49,000 after purchasing an additional 324 shares during the period. Quarry LP raised its position 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 period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Knight-Swift Transportation during the 1st quarter worth approximately $111,000. 88.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Citigroup increased their price target on Knight-Swift Transportation from $53.00 to $54.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Robert W. Baird increased their price target on Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. The Goldman Sachs Group upgraded Knight-Swift Transportation from a "neutral" rating to a "buy" rating and raised their target price for the company from $45.00 to $65.00 in a research report on Monday, June 2nd. Raymond James Financial raised their target price on Knight-Swift Transportation from $50.00 to $55.00 and gave the company a "strong-buy" rating in a research report on Tuesday, July 15th. Finally, Susquehanna raised their target price on Knight-Swift Transportation from $45.00 to $52.00 and gave the company a "positive" rating in a research report on Tuesday, June 24th. Two 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $53.88.

Knight-Swift Transportation Price Performance

Shares of NYSE KNX traded down $0.23 during mid-day trading on Wednesday, reaching $44.23. The company had a trading volume of 1,725,515 shares, compared to its average volume of 2,656,574. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30. The stock has a market cap of $7.18 billion, a PE ratio of 43.36, a P/E/G ratio of 0.67 and a beta of 1.17. The company has a 50-day moving average price of $44.28 and a two-hundred day moving average price of $44.56. Knight-Swift Transportation Holdings Inc. has a 1-year low of $36.69 and a 1-year high of $61.51.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The business had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.87 billion. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.The company's quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. On average, equities analysts anticipate 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 given a $0.18 dividend. This represents a $0.72 annualized dividend 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 (DPR) is 70.59%.

Knight-Swift Transportation Company 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.