Linden Thomas Advisory Services LLC Purchases 12,735 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Linden Thomas Advisory Services LLC increased its stake in Knight-Swift Transportation Holdings by 54.9%, acquiring an additional 12,735 shares, bringing its total to 35,911 shares valued at approximately $1.59 million.
• Knight-Swift Transportation reported a missed EPS estimate for the last quarter, with earnings of $0.32 compared to expectations of $0.38, but revenue increased by 2.7% year-over-year.
• Wall Street analysts have given Knight-Swift Transportation a consensus rating of "Moderate Buy" with a target price averaging $53.29, following mixed ratings from various firms.

Linden Thomas Advisory Services LLC increased its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 54.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,911 shares of the transportation company's stock after acquiring an additional 12,735 shares during the period. Linden Thomas Advisory Services LLC's holdings in Knight-Swift Transportation were worth $1,588,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC increased its holdings in Knight-Swift Transportation by 9,383.3% during the 1st quarter. Larson Financial Group LLC now owns 569 shares of the transportation company's stock worth $25,000 after acquiring an additional 563 shares during the period. Brooklyn Investment Group increased its holdings in Knight-Swift Transportation by 93.4% during the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company's stock worth $28,000 after acquiring an additional 310 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new stake in Knight-Swift Transportation during the 2nd quarter worth approximately $55,000. UMB Bank n.a. increased its holdings in Knight-Swift Transportation by 43.3% during the 2nd quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company's stock worth $72,000 after acquiring an additional 491 shares during the period. Finally, IFP Advisors Inc increased its holdings in Knight-Swift Transportation by 21.3% during the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company's stock worth $96,000 after acquiring an additional 379 shares during the period. Institutional investors own 88.77% of the company's stock.

Wall Street Analysts Forecast Growth

KNX has been the topic of a number of analyst reports. Benchmark reaffirmed a "buy" rating on shares of Knight-Swift Transportation in a report on Friday. UBS Group lowered shares of Knight-Swift Transportation from a "buy" rating to a "neutral" rating and upped their target price for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Zacks Research lowered shares of Knight-Swift Transportation from a "hold" rating to a "strong sell" rating in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft raised shares of Knight-Swift Transportation from a "hold" rating to a "buy" rating and increased their price target for the stock from $43.00 to $53.00 in a report on Thursday, October 2nd. Finally, Susquehanna decreased their price target on shares of Knight-Swift Transportation from $43.00 to $42.00 and set a "neutral" rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Knight-Swift Transportation currently has an average rating of "Moderate Buy" and a consensus target price of $53.29.

Insider Buying and Selling

In related news, EVP Michael K. Liu sold 3,420 shares of Knight-Swift Transportation stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total value of $148,462.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.00% of the stock is currently owned by insiders.

Knight-Swift Transportation Price Performance

Shares of NYSE:KNX opened at $45.41 on Friday. Knight-Swift Transportation Holdings Inc. has a one year low of $36.69 and a one year high of $61.51. The firm has a market capitalization of $7.37 billion, a price-to-earnings ratio of 51.60, a PEG ratio of 0.81 and a beta of 1.14. The company's fifty day moving average price is $42.91 and its 200-day moving average price is $43.19. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 0.89.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.06). The business had revenue of $1.93 billion during the quarter, compared to analysts' expectations of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.Knight-Swift Transportation's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, equities research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 22nd. Investors of record on Friday, September 5th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, September 5th. Knight-Swift Transportation's dividend payout ratio (DPR) is presently 81.82%.

Knight-Swift Transportation Profile

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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