Quantbot Technologies LP Purchases New Shares in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Quantbot Technologies LP acquired a new stake in Knight-Swift Transportation Holdings Inc., purchasing 93,971 shares valued at approximately $4.09 million, representing about 0.06% of the company's stock.
• Several institutional investors have significantly increased their stakes in Knight-Swift Transportation, with Interval Partners LP boosting its stake by 320.7% and SG Americas Securities LLC increasing theirs by 54,434% during recent quarters.
• Knight-Swift Transportation reported $0.35 earnings per share (EPS) for the last quarter, surpassing expectations, while the company announced a quarterly dividend of $0.18 per share with a dividend yield of 1.7%.

Quantbot Technologies LP bought a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 93,971 shares of the transportation company's stock, valued at approximately $4,087,000. Quantbot Technologies LP owned approximately 0.06% of Knight-Swift Transportation at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in Knight-Swift Transportation by 20.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 119,080 shares of the transportation company's stock worth $6,316,000 after acquiring an additional 20,183 shares in the last quarter. Raymond James Financial Inc. bought a new position in Knight-Swift Transportation in the fourth quarter valued at about $15,111,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in Knight-Swift Transportation in the fourth quarter valued at about $1,207,000. MetLife Investment Management LLC boosted its holdings in Knight-Swift Transportation by 9.1% in the fourth quarter. MetLife Investment Management LLC now owns 91,165 shares of the transportation company's stock valued at $4,835,000 after acquiring an additional 7,601 shares during the last quarter. Finally, Natixis lifted its stake in Knight-Swift Transportation by 4,230.9% in the fourth quarter. Natixis now owns 8,272 shares of the transportation company's stock valued at $439,000 after buying an additional 8,081 shares during the period. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Knight-Swift Transportation Stock Up 5.2%

Shares of NYSE:KNX traded up $2.23 during trading on Friday, hitting $44.95. 3,726,358 shares of the company were exchanged, compared to its average volume of 2,772,784. The stock has a market cap of $7.30 billion, a price-to-earnings ratio of 44.07, a P/E/G ratio of 0.64 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $61.51. The firm has a fifty day moving average price of $44.21 and a two-hundred day moving average price of $44.79. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.87 billion. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.The business's quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 22nd. Stockholders of record on Friday, September 5th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, September 5th. Knight-Swift Transportation's payout ratio is currently 70.59%.

Analyst Ratings Changes

Several equities analysts have weighed in on KNX shares. Baird R W raised Knight-Swift Transportation to a "strong-buy" rating in a research note on Tuesday, July 1st. Evercore ISI cut their target price on Knight-Swift Transportation from $49.00 to $44.00 and set an "in-line" rating on the stock in a research note on Thursday, April 24th. Susquehanna increased their target price on Knight-Swift Transportation from $45.00 to $52.00 and gave the company a "positive" rating in a research note on Tuesday, June 24th. Robert W. Baird raised their price target on Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Finally, Citigroup lifted their price objective on Knight-Swift Transportation from $53.00 to $54.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $53.88.

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.