Focus Partners Advisor Solutions LLC Makes New Investment in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Focus Partners Advisor Solutions LLC has invested approximately $466,000 in Knight-Swift Transportation Holdings Inc. by purchasing 10,720 shares during the first quarter.
• Several institutional investors have significantly increased their stakes in Knight-Swift, with holdings showing evidence of increased interest in the stock, which is predominantly owned (88.77%) by hedge funds and institutional investors.
• Knight-Swift recently announced a dividend of $0.18 per share, with the ex-dividend date set for September 5th, reflecting an annualized yield of 1.7%.

Focus Partners Advisor Solutions LLC purchased a new position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,720 shares of the transportation company's stock, valued at approximately $466,000.

Several other institutional investors have also recently made changes to their positions in KNX. Interval Partners LP raised its holdings in shares of Knight-Swift Transportation by 320.7% during the fourth 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 during the last quarter. SG Americas Securities LLC raised its holdings in shares of Knight-Swift Transportation by 54,434.0% during the first 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 during the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Knight-Swift Transportation by 102,633.9% during the first quarter. Cubist Systematic Strategies LLC now owns 922,805 shares of the transportation company's stock worth $40,133,000 after purchasing an additional 923,705 shares during the last quarter. Junto Capital Management LP purchased a new position in shares of Knight-Swift Transportation during the fourth quarter worth $34,355,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Knight-Swift Transportation by 9.1% during the first 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 during the last quarter. Hedge funds and other institutional investors own 88.77% of the company's stock.

Analyst Upgrades and Downgrades

KNX has been the subject of several recent research reports. Barclays reduced their target price on shares of Knight-Swift Transportation from $58.00 to $55.00 and set an "overweight" rating for the company in a report on Thursday, July 10th. Robert W. Baird raised their target price on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Citigroup raised their price target on shares of Knight-Swift Transportation from $53.00 to $54.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Raymond James Financial raised their price target on shares of 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, Bank of America raised their price target 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, ten have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, Knight-Swift Transportation has an average rating of "Moderate Buy" and an average price target of $54.19.

Insiders Place Their Bets

In related news, EVP Michael K. Liu sold 3,420 shares of the business's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.00% of the company's stock.

Knight-Swift Transportation Stock Down 2.2%

Shares of NYSE KNX opened at $43.13 on Friday. The company's 50-day simple moving average is $44.25 and its 200-day simple moving average is $44.05. Knight-Swift Transportation Holdings Inc. has a 52-week low of $36.69 and a 52-week high of $61.51. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 42.28, a price-to-earnings-growth ratio of 0.66 and a beta of 1.19. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.30.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $1.87 billion. During the same quarter last year, the business earned $0.24 earnings per share. The company's revenue for the quarter 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 predict that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Friday, September 5th. This represents a $0.72 dividend on an annualized basis and a yield of 1.7%. Knight-Swift Transportation's payout ratio is presently 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.

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