Cwm LLC cut its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 25.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,609 shares of the transportation company's stock after selling 14,538 shares during the period. Cwm LLC's holdings in Knight-Swift Transportation were worth $1,840,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of KNX. AQR Capital Management LLC boosted its stake in Knight-Swift Transportation by 8,856.8% during the first quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company's stock valued at $70,704,000 after buying an additional 1,628,760 shares during the last quarter. Cubist Systematic Strategies LLC increased its holdings in shares of Knight-Swift Transportation by 102,633.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 922,805 shares of the transportation company's stock valued at $40,133,000 after acquiring an additional 923,705 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of 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. Vanguard Group Inc. lifted its holdings in shares of 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 valued at $649,560,000 after buying an additional 515,212 shares during the period. Finally, Nuveen LLC acquired a new position in Knight-Swift Transportation in the 1st quarter worth about $21,181,000. Institutional investors own 88.77% of the company's stock.
Knight-Swift Transportation Price Performance
Shares of KNX opened at $47.07 on Monday. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $61.51. The firm has a market capitalization of $7.64 billion, a PE ratio of 46.15, a PEG ratio of 0.81 and a beta of 1.14. The company's 50-day moving average is $42.54 and its 200-day moving average is $42.96. 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 posted its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the company earned $0.24 EPS. The firm'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. Equities analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.
Knight-Swift Transportation Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 22nd. Stockholders of record on Friday, September 5th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, September 5th. Knight-Swift Transportation's payout ratio is presently 70.59%.
Analysts Set New Price Targets
A number of research analysts recently commented on KNX shares. Barclays decreased their price objective on Knight-Swift Transportation from $55.00 to $50.00 and set an "overweight" rating on the stock in a report on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of Knight-Swift Transportation from a "hold" rating to a "buy" rating and lifted their price target for the company from $43.00 to $53.00 in a research report on Thursday, October 2nd. Morgan Stanley lowered their price objective on shares of Knight-Swift Transportation from $68.00 to $67.00 and set an "overweight" rating for the company in a research note on Monday, October 6th. Baird R W upgraded shares of Knight-Swift Transportation to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, Zacks Research cut shares of Knight-Swift Transportation from a "hold" rating to a "strong sell" rating in a research report on Friday, October 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $52.65.
Check Out Our Latest Analysis on KNX
Insider Buying and Selling at Knight-Swift Transportation
In other news, EVP Michael K. Liu sold 3,420 shares of the firm's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.00% of the company's stock.
About Knight-Swift Transportation
(
Free Report)
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.
Read More
Want to see what other hedge funds are holding KNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Knight-Swift Transportation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Knight-Swift Transportation wasn't on the list.
While Knight-Swift Transportation currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
