Campbell & CO Investment Adviser LLC Makes New Investment 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 bought a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 109,429 shares of the transportation company's stock, valued at approximately $4,759,000. Campbell & CO Investment Adviser LLC owned 0.07% of Knight-Swift Transportation as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of KNX. Interval Partners LP raised its stake in Knight-Swift Transportation by 320.7% in the 4th quarter. Interval Partners LP now owns 1,754,822 shares of the transportation company's stock worth $93,076,000 after purchasing an additional 1,337,727 shares in the last quarter. SG Americas Securities LLC raised its stake in Knight-Swift Transportation by 54,434.0% in the 1st quarter. SG Americas Securities LLC now owns 1,103,768 shares of the transportation company's stock worth $48,003,000 after purchasing an additional 1,101,744 shares in the last quarter. Junto Capital Management LP acquired a new stake in Knight-Swift Transportation in the 4th quarter worth about $34,355,000. Dimensional Fund Advisors LP raised its stake in Knight-Swift Transportation by 9.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,629,706 shares of the transportation company's stock worth $331,813,000 after purchasing an additional 638,352 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Knight-Swift Transportation by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company's stock worth $649,560,000 after purchasing an additional 515,212 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on KNX. Citigroup lifted their price objective on shares of Knight-Swift Transportation from $53.00 to $54.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. The Goldman Sachs Group upgraded shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $45.00 to $65.00 in a research note on Monday, June 2nd. JPMorgan Chase & Co. boosted their target price on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. Wells Fargo & Company boosted their target price on shares of Knight-Swift Transportation from $46.00 to $50.00 and gave the company an "overweight" rating in a research report on Wednesday, May 28th. Finally, Bank of America boosted their target price on shares of Knight-Swift Transportation from $47.00 to $49.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $53.88.

Knight-Swift Transportation Price Performance

KNX stock traded up $0.21 during trading on Friday, reaching $44.14. 723,817 shares of the company were exchanged, compared to its average volume of 2,836,026. The company has a 50-day moving average of $44.30 and a two-hundred day moving average of $44.49. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of 43.25, a P/E/G ratio of 0.66 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a twelve month low of $36.69 and a twelve month high of $61.51. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.89 and a quick ratio of 0.89.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $1.87 billion. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The firm's quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, equities analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

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