Knight-Swift Transportation Holdings Inc. $KNX Shares Newly Purchased by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management acquired 471,616 Knight-Swift shares worth approximately $30 million in the third quarter, giving it a 0.29% stake. Institutional investors collectively own 88.77% of the company.
• Knight-Swift reported quarterly EPS of $0.63, beating estimates of $0.51, while revenue rose 12.6% year over year to $2.10 billion. The company issued third-quarter 2026 EPS guidance of $0.71–$0.77.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an $82.83 price target versus the reported share price of $64.88. The company also pays a quarterly dividend of $0.20, although insiders sold more than $16 million of stock during the quarter.

Assenagon Asset Management S.A. acquired a new position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 471,616 shares of the transportation company's stock, valued at approximately $29,990,000. Assenagon Asset Management S.A. owned about 0.29% of Knight-Swift Transportation at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Blue Trust Inc. grew its position in Knight-Swift Transportation by 123.9% in the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company's stock worth $31,000 after acquiring an additional 301 shares in the last quarter. MCF Advisors LLC increased its position in shares of Knight-Swift Transportation by 55.8% during the 2nd quarter. MCF Advisors LLC now owns 676 shares of the transportation company's stock valued at $53,000 after purchasing an additional 242 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in shares of Knight-Swift Transportation during the 1st quarter valued at about $72,000. Bessemer Group Inc. increased its position in shares of Knight-Swift Transportation by 280.2% during the 1st quarter. Bessemer Group Inc. now owns 2,129 shares of the transportation company's stock valued at $122,000 after purchasing an additional 1,569 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Knight-Swift Transportation by 40.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,516 shares of the transportation company's stock valued at $160,000 after buying an additional 720 shares in the last quarter. 88.77% of the stock is currently owned by institutional investors.

Knight-Swift Transportation Stock Performance

Knight-Swift Transportation stock opened at $64.88 on Monday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. The firm has a market cap of $10.56 billion, a P/E ratio of 249.56, a P/E/G ratio of 0.55 and a beta of 1.21. Knight-Swift Transportation Holdings Inc. has a 1-year low of $41.24 and a 1-year high of $82.86. The firm has a 50-day moving average of $67.59 and a 200-day moving average of $69.49.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same quarter in the prior year, the company posted $0.21 EPS. Knight-Swift Transportation's quarterly revenue was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Sell-side analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.42 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 4th were issued a $0.20 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.80 annualized dividend and a yield of 1.2%. Knight-Swift Transportation's payout ratio is 307.69%.

Insider Activity at Knight-Swift Transportation

In other Knight-Swift Transportation news, CAO Cary Flanagan sold 3,600 shares of the business's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the transaction, the chief accounting officer directly owned 5,405 shares of the company's stock, valued at approximately $382,782.10. The trade was a 39.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Reid Dove sold 126,864 shares of the business's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $73.13, for a total transaction of $9,277,564.32. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 224,954 shares of company stock worth $16,183,454 over the last quarter. Corporate insiders own 2.90% of the company's stock.

Analyst Ratings Changes

KNX has been the topic of several research reports. Citizens Jmp assumed coverage on shares of Knight-Swift Transportation in a research note on Wednesday, July 15th. They set a "market outperform" rating and a $90.00 price target on the stock. Barclays increased their target price on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, June 25th. Benchmark lifted their target price on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a "buy" rating in a research report on Thursday, July 9th. Morgan Stanley set a $90.00 price target on shares of Knight-Swift Transportation in a research note on Wednesday, September 2nd. Finally, Stephens raised shares of Knight-Swift Transportation to a "strong-buy" rating in a research note on Wednesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Knight-Swift Transportation currently has an average rating of "Moderate Buy" and a consensus target price of $82.83.

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc NYSE: KNX is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, logistics and intermodal services, supporting the movement of consumer, industrial and other commercial goods.

The company operates a broad network of tractors, trailers, terminals and distribution facilities. Its truckload business provides dedicated and irregular-route services, while its less-than-truckload operations consolidate shipments from multiple customers.

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