Two Point Capital Management Inc. Acquires New Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Two Point Capital Management Inc. acquired 122,040 shares of Knight-Swift Transportation Holdings Inc., valued at approximately $5.4 million, making it the fund's 19th largest position.
• Vanguard Group Inc. increased its stake in Knight-Swift Transportation by 3.6% in Q1, solidifying its status as a major institutional investor with over $649 million in shares.
• Knight-Swift Transportation reported a $0.35 EPS for the latest quarter, beating expectations, and recently declared a $0.18 quarterly dividend with a yield of 1.8%.

Two Point Capital Management Inc. bought a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 122,040 shares of the transportation company's stock, valued at approximately $5,398,000. Knight-Swift Transportation comprises about 2.3% of Two Point Capital Management Inc.'s holdings, making the stock its 19th biggest position. Two Point Capital Management Inc. owned approximately 0.08% of Knight-Swift Transportation as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Knight-Swift Transportation by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company's stock worth $649,560,000 after acquiring an additional 515,212 shares during the last quarter. Victory Capital Management Inc. raised its position in Knight-Swift Transportation by 4.6% in the first quarter. Victory Capital Management Inc. now owns 8,344,372 shares of the transportation company's stock valued at $362,897,000 after purchasing an additional 364,263 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Knight-Swift Transportation by 9.1% during the first quarter. Dimensional Fund Advisors LP now owns 7,629,706 shares of the transportation company's stock valued at $331,813,000 after purchasing an additional 638,352 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Knight-Swift Transportation by 8,856.8% during the first quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company's stock worth $70,704,000 after purchasing an additional 1,628,760 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Knight-Swift Transportation by 7.2% in the first quarter. American Century Companies Inc. now owns 1,330,804 shares of the transportation company's stock valued at $57,877,000 after buying an additional 89,582 shares during the period. 88.77% of the stock is currently owned by institutional investors.

Knight-Swift Transportation Price Performance

Shares of KNX opened at $39.87 on Friday. The firm has a market cap of $6.47 billion, a PE ratio of 39.08, a price-to-earnings-growth ratio of 0.65 and a beta of 1.14. Knight-Swift Transportation Holdings Inc. has a 52-week low of $36.69 and a 52-week high of $61.51. The business's 50 day moving average price is $42.20 and its two-hundred day moving average price is $42.98. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.89 and a current ratio of 0.89.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the previous year, the company earned $0.24 EPS. Knight-Swift Transportation's quarterly revenue 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. On average, equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Shareholders of record on Friday, September 5th were issued a $0.18 dividend. The ex-dividend date was Friday, September 5th. This represents a $0.72 annualized dividend and a yield of 1.8%. Knight-Swift Transportation's dividend payout ratio is presently 70.59%.

Insider Buying and Selling

In other news, EVP Michael K. Liu sold 3,420 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 3.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Bank of America cut their target price on shares of Knight-Swift Transportation from $49.00 to $41.00 and set a "neutral" rating on the stock in a research report on Wednesday, September 24th. UBS Group lowered shares of Knight-Swift Transportation from a "buy" rating to a "neutral" rating and lifted their price target for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Evercore ISI cut their target price on Knight-Swift Transportation from $47.00 to $42.00 and set an "in-line" rating on the stock in a report on Tuesday. Susquehanna lowered Knight-Swift Transportation from a "positive" rating to a "neutral" rating and reduced their price target for the company from $52.00 to $43.00 in a research report on Wednesday, September 24th. Finally, Deutsche Bank Aktiengesellschaft raised Knight-Swift Transportation from a "hold" rating to a "buy" rating and increased their price target for the company from $43.00 to $53.00 in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Knight-Swift Transportation currently has an average rating of "Moderate Buy" and a consensus target price of $52.71.

About Knight-Swift Transportation

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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