Eisler Capital Management Ltd. Invests $7.20 Million in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Eisler Capital Management Ltd. acquired 165,548 shares of Knight-Swift Transportation Holdings Inc., valued at approximately $7.2 million, representing 0.10% of the company's stock as of its latest SEC filing.
• The company reported $0.35 earnings per share (EPS) in its recent quarterly results, exceeding the consensus estimate of $0.34, with revenues of $1.86 billion.
• Several hedge funds increased their stakes in Knight-Swift, with Larson Financial Group's position jumping by 9,383% in the first quarter, illustrating growing institutional interest in the stock.

Eisler Capital Management Ltd. purchased a new stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 165,548 shares of the transportation company's stock, valued at approximately $7,195,000. Eisler Capital Management Ltd. owned approximately 0.10% of Knight-Swift Transportation as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Voya Investment Management LLC increased its position in shares of Knight-Swift Transportation by 0.9% during the fourth quarter. Voya Investment Management LLC now owns 20,550 shares of the transportation company's stock valued at $1,090,000 after acquiring an additional 192 shares in the last quarter. Benjamin Edwards Inc. increased its position in shares of Knight-Swift Transportation by 3.3% during the fourth quarter. Benjamin Edwards Inc. now owns 6,687 shares of the transportation company's stock valued at $355,000 after acquiring an additional 216 shares in the last quarter. Brooklyn Investment Group increased its position in shares of Knight-Swift Transportation by 93.4% during the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company's stock valued at $28,000 after acquiring an additional 310 shares in the last quarter. UMB Bank n.a. increased its position in shares of Knight-Swift Transportation by 40.0% during the first quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock valued at $49,000 after acquiring an additional 324 shares in the last quarter. Finally, Tectonic Advisors LLC increased its position in shares of Knight-Swift Transportation by 0.6% during the first quarter. Tectonic Advisors LLC now owns 62,715 shares of the transportation company's stock valued at $2,727,000 after acquiring an additional 403 shares in the last quarter. Institutional investors own 88.77% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on KNX. Barclays reduced their price target on shares of Knight-Swift Transportation from $58.00 to $55.00 and set an "overweight" rating for the company in a research report on Thursday, July 10th. Wells Fargo & Company lifted their target price on shares of Knight-Swift Transportation from $46.00 to $50.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 28th. Citigroup lifted their target price on shares of Knight-Swift Transportation from $53.00 to $54.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. The Goldman Sachs Group raised shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $45.00 to $65.00 in a research report on Monday, June 2nd. Finally, Baird R W raised shares of Knight-Swift Transportation to a "strong-buy" rating in a research report on Tuesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Knight-Swift Transportation has a consensus rating of "Moderate Buy" and an average target price of $53.88.

Knight-Swift Transportation Stock Performance

Shares of Knight-Swift Transportation stock traded down $0.06 on Monday, hitting $43.88. 1,990,528 shares of the company's stock were exchanged, compared to its average volume of 2,325,594. The company has a 50-day simple moving average of $44.32 and a 200-day simple moving average of $44.28. The stock has a market capitalization of $7.12 billion, a PE ratio of 43.02, a PEG ratio of 0.66 and a beta of 1.19. 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 debt-to-equity ratio of 0.30, a quick ratio of 0.89 and a current ratio of 0.89.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share for the quarter, topping the consensus estimate 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 net margin of 2.22% and a return on equity of 3.03%. The company's revenue was up .8% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 22nd. Stockholders of record on Friday, September 5th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, September 5th. Knight-Swift Transportation's dividend payout ratio (DPR) is currently 70.59%.

About Knight-Swift Transportation

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.