Paradoxiom Capital L.P. Invests $3.68 Million in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Paradoxiom Capital L.P. has acquired 84,559 shares of Knight-Swift Transportation Holdings Inc., valued at approximately $3.68 million, making it 2.4% of their investment portfolio.
• Knight-Swift Transportation recently announced its quarterly earnings, reporting $0.35 EPS and revenue of $1.86 billion, slightly below analysts' estimates.
• The company declared a quarterly dividend of $0.18 per share, resulting in an annualized yield of 1.7% and a dividend payout ratio of 70.59%.

Paradoxiom Capital L.P. bought a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 84,559 shares of the transportation company's stock, valued at approximately $3,677,000. Knight-Swift Transportation accounts for about 2.4% of Paradoxiom Capital L.P.'s holdings, making the stock its 24th largest holding. Paradoxiom Capital L.P. owned approximately 0.05% of Knight-Swift Transportation at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its stake in 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 lifted 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. grew its holdings in Knight-Swift Transportation by 40.0% during the first quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock worth $49,000 after acquiring an additional 324 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Knight-Swift Transportation in the first quarter worth $111,000. Finally, Neo Ivy Capital Management purchased a new stake in shares of Knight-Swift Transportation during the 1st quarter worth $118,000. 88.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total value of $148,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.00% of the stock is currently owned by company insiders.

Knight-Swift Transportation Trading Up 3.2%

Shares of KNX stock traded up $1.33 during trading hours on Thursday, hitting $42.98. 2,129,196 shares of the company were exchanged, compared to its average volume of 2,823,328. The firm has a fifty day moving average of $44.05 and a 200 day moving average of $43.84. 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 Holdings Inc. has a 1 year low of $36.69 and a 1 year high of $61.51. The firm has a market cap of $6.98 billion, a PE ratio of 42.14, a PEG ratio of 0.64 and a beta of 1.19.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $0.35 EPS 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 firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business posted $0.24 earnings per share. Knight-Swift Transportation's revenue for the quarter 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. Analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 22nd. Investors of record on Friday, September 5th will be issued a $0.18 dividend. The ex-dividend date is Friday, September 5th. This represents a $0.72 annualized dividend and a yield of 1.7%. Knight-Swift Transportation's dividend payout ratio (DPR) is presently 70.59%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on KNX. The Goldman Sachs Group upgraded shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and lifted their price target for the company from $45.00 to $65.00 in a research report on Monday, June 2nd. UBS Group downgraded shares of Knight-Swift Transportation from a "buy" rating to a "neutral" rating and raised their target price for the company from $46.00 to $51.00 in a report on Friday, September 5th. Wells Fargo & Company upped their price target on shares of Knight-Swift Transportation from $46.00 to $50.00 and gave the company an "overweight" rating in a report on Wednesday, May 28th. Susquehanna lifted their price objective on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "positive" rating in a research report on Tuesday, June 24th. Finally, Bank of America increased their target price on Knight-Swift Transportation from $47.00 to $49.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $54.19.

Knight-Swift Transportation Company 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.