Ieq Capital LLC Takes Position in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Ieq Capital LLC made a new investment of approximately $5.05 million in Knight-Swift Transportation, acquiring 116,132 shares during the first quarter.
• A significant 88.77% of Knight-Swift Transportation's stock is owned by institutional investors and hedge funds, indicating strong institutional interest in the company.
• The company recently reported earnings of $0.35 per share for the quarter, surpassing analyst expectations, and set a guidance for Q3 2025 at $0.360-0.420 EPS.

Ieq Capital LLC acquired a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 116,132 shares of the transportation company's stock, valued at approximately $5,051,000. Ieq Capital LLC owned 0.07% of Knight-Swift Transportation as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Knight-Swift Transportation by 3.6% in the first 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 in the last quarter. Victory Capital Management Inc. raised its position in shares of Knight-Swift Transportation by 4.6% in the first quarter. Victory Capital Management Inc. now owns 8,344,372 shares of the transportation company's stock valued at $362,897,000 after buying an additional 364,263 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Knight-Swift Transportation by 9.1% in the first quarter. Dimensional Fund Advisors LP now owns 7,629,706 shares of the transportation company's stock valued at $331,813,000 after buying an additional 638,352 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of Knight-Swift Transportation by 1.8% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,556,405 shares of the transportation company's stock valued at $188,632,000 after buying an additional 63,241 shares in the last quarter. Finally, Interval Partners LP raised its position in shares of Knight-Swift Transportation by 320.7% in the fourth quarter. Interval Partners LP now owns 1,754,822 shares of the transportation company's stock valued at $93,076,000 after buying an additional 1,337,727 shares in the last quarter. Institutional investors own 88.77% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Baird R W upgraded Knight-Swift Transportation to a "strong-buy" rating in a research note on Tuesday, July 1st. Susquehanna upped their price target on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "positive" rating in a report on Tuesday, June 24th. Citigroup upped their price target on shares of Knight-Swift Transportation from $53.00 to $54.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. JPMorgan Chase & Co. upped their price target on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Finally, Wells Fargo & Company upped their price target on shares of Knight-Swift Transportation from $46.00 to $50.00 and gave the stock an "overweight" rating in a report on Wednesday, May 28th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, Knight-Swift Transportation presently has a consensus rating of "Moderate Buy" and a consensus price target of $53.88.

Knight-Swift Transportation Trading Up 1.2%

Shares of Knight-Swift Transportation stock traded up $0.53 during trading on Thursday, hitting $44.12. The company's stock had a trading volume of 2,212,106 shares, compared to its average volume of 2,236,818. 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 Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $61.51. The stock has a market cap of $7.16 billion, a price-to-earnings ratio of 43.25, a price-to-earnings-growth ratio of 0.65 and a beta of 1.19. The stock has a 50-day moving average price of $44.29 and a two-hundred day moving average price of $44.13.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its quarterly earnings data 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. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The company had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.87 billion. During the same quarter in the previous year, the firm posted $0.24 earnings per share. Knight-Swift Transportation's revenue for the quarter was up .8% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. Equities research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

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