Lido Advisors LLC Reduces Stake in Knight-Swift Transportation Holdings Inc. $KNX

Lido Advisors LLC reduced its stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 46.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,878 shares of the transportation company's stock after selling 35,224 shares during the quarter. Lido Advisors LLC's holdings in Knight-Swift Transportation were worth $2,296,000 as of its most recent SEC filing.

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A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KNX. Blue Trust Inc. boosted its position in shares of Knight-Swift Transportation by 123.9% during the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company's stock valued at $31,000 after buying an additional 301 shares during the period. Clearstead Advisors LLC boosted its stake in shares of Knight-Swift Transportation by 134.6% during the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company's stock valued at $35,000 after purchasing an additional 385 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in shares of Knight-Swift Transportation by 1,478.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company's stock worth $35,000 after purchasing an additional 828 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Knight-Swift Transportation in the fourth quarter worth about $39,000. Finally, Fifth Third Bancorp increased its stake in Knight-Swift Transportation by 44.4% in the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company's stock worth $45,000 after buying an additional 267 shares during the period. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KNX has been the subject of several research reports. Morgan Stanley boosted their price objective on shares of Knight-Swift Transportation from $70.00 to $100.00 and gave the company an "overweight" rating in a research report on Monday, July 6th. Wells Fargo & Company raised their target price on shares of Knight-Swift Transportation from $65.00 to $86.00 and gave the stock an "overweight" rating in a research report on Friday, June 5th. Citizens Jmp began coverage on shares of Knight-Swift Transportation in a research report on Wednesday, July 15th. They set a "market outperform" rating and a $90.00 target price on the stock. UBS Group lifted their price target on shares of Knight-Swift Transportation from $79.00 to $94.00 and gave the company a "buy" rating in a research note on Monday, June 1st. Finally, Zacks Research upgraded Knight-Swift Transportation from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 30th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $84.44.

Knight-Swift Transportation Stock Performance

KNX stock opened at $72.40 on Monday. Knight-Swift Transportation Holdings Inc. has a 1-year low of $38.63 and a 1-year high of $82.86. The business has a 50-day moving average price of $75.60 and a 200 day moving average price of $65.05. The company has a market capitalization of $11.76 billion, a P/E ratio of 278.48, a PEG ratio of 0.62 and a beta of 1.18. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.70.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.12. The company had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.05 billion. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The firm's quarterly revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities research analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.42 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 8th were paid a dividend of $0.20 per share. The ex-dividend date was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. Knight-Swift Transportation's dividend payout ratio (DPR) is currently 307.69%.

Knight-Swift Transportation News Roundup

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: KNX beat Q2 estimates, reporting $0.63 EPS versus $0.49-$0.51 expected, with revenue of $2.10 billion topping forecasts of about $2.05 billion. Article: Knight-Swift Transportation Holdings (KNX) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Margins improved as truckload pricing, network efficiency and intermodal growth helped drive profitability, with truckload EBIT and EPS showing sharp year-over-year gains. Article: Knight-Swift Q2 Earnings Beat Estimates on Truckload Margin Gains
• Positive Sentiment: Several firms raised price targets after the report, including Bank of America, Stifel, Susquehanna, TD Cowen and JPMorgan, signaling improved sentiment toward KNX. Article: Analyst price target updates
• Positive Sentiment: KNX was also added to Zacks’ Rank #1 “Strong Buy” growth list, which may support investor confidence in the stock. Article: Best Growth Stocks to Buy for July 24th
• Neutral Sentiment: Market commentary notes the stock is falling today after the earnings release, likely reflecting a “buy the rumor, sell the news” reaction or investor concern about whether the strong quarter can be sustained. Article: Why Knight-Swift Transportation (KNX) stock is falling today

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc NYSE: KNX is one of North America's largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company's core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.

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