Inspire Investing LLC Has $654,000 Stock Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Inspire Investing LLC increased its stock holdings in Knight-Swift Transportation by 98.8% to a total value of $654,000 during the first quarter.
• Knight-Swift recently reported earnings of $0.35 per share, exceeding analyst expectations, with revenue of $1.86 billion for the quarter.
• The company has announced a quarterly dividend of $0.18, resulting in an annual yield of 1.7%, with a dividend payout ratio of 70.59%.

Inspire Investing LLC boosted its holdings in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 98.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 15,049 shares of the transportation company's stock after acquiring an additional 7,479 shares during the period. Inspire Investing LLC's holdings in Knight-Swift Transportation were worth $654,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Larson Financial Group LLC grew its holdings in shares of Knight-Swift Transportation by 9,383.3% in the 1st quarter. Larson Financial Group LLC now owns 569 shares of the transportation company's stock valued at $25,000 after buying an additional 563 shares during the period. Brooklyn Investment Group grew its holdings in shares of Knight-Swift Transportation by 93.4% in the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company's stock valued at $28,000 after buying an additional 310 shares during the period. UMB Bank n.a. lifted its position in Knight-Swift Transportation by 40.0% in the 1st 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. Caitong International Asset Management Co. Ltd bought a new stake in Knight-Swift Transportation in the 1st quarter valued at $111,000. Finally, Neo Ivy Capital Management bought a new stake in Knight-Swift Transportation in the 1st quarter valued at $118,000. Institutional investors and hedge funds own 88.77% of the company's stock.

Knight-Swift Transportation Stock Performance

Shares of NYSE:KNX opened at $41.70 on Friday. The company's 50 day moving average price is $43.85 and its two-hundred day moving average price is $43.68. Knight-Swift Transportation Holdings Inc. has a 12-month low of $36.69 and a 12-month high of $61.51. The firm has a market cap of $6.77 billion, a PE ratio of 40.88, a PEG ratio of 0.64 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, topping analysts' consensus estimates 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 firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business posted $0.24 EPS. The business'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 research analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current 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 paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.72 annualized dividend and a yield of 1.7%. Knight-Swift Transportation's dividend payout ratio is presently 70.59%.

Analysts Set New Price Targets

Several research firms recently commented on KNX. The Goldman Sachs Group raised shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $45.00 to $65.00 in a research report on Monday, June 2nd. UBS Group cut shares of Knight-Swift Transportation from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $46.00 to $51.00 in a research report on Friday, September 5th. Susquehanna boosted their price target on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "positive" rating in a research report on Tuesday, June 24th. Wells Fargo & Company boosted their price target 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. Finally, Bank of America boosted their price target on shares of Knight-Swift Transportation from $47.00 to $49.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $54.19.

Insider Buying and Selling

In other news, EVP Michael K. Liu sold 3,420 shares of the firm's stock in a transaction on 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.00% of the stock is currently owned by insiders.

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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