Versor Investments LP Acquires 6,592 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Versor Investments LP has increased its holdings in Knight-Swift Transportation Holdings Inc. by 61.6%, now owning 17,292 shares worth $752,000.
• Institutional investors hold 88.77% of Knight-Swift's stock, indicating strong institutional interest in the transportation company.
• The company reported a quarterly earnings per share of $0.35, exceeding analysts' expectations, while revenue reached $1.86 billion.

Versor Investments LP boosted its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 61.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,292 shares of the transportation company's stock after buying an additional 6,592 shares during the period. Versor Investments LP's holdings in Knight-Swift Transportation were worth $752,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Voya Investment Management LLC grew its position in Knight-Swift Transportation by 0.9% in the 4th quarter. Voya Investment Management LLC now owns 20,550 shares of the transportation company's stock worth $1,090,000 after purchasing an additional 192 shares in the last quarter. Benjamin Edwards Inc. grew its position in Knight-Swift Transportation by 3.3% in the 4th quarter. Benjamin Edwards Inc. now owns 6,687 shares of the transportation company's stock worth $355,000 after purchasing an additional 216 shares in the last quarter. UMB Bank n.a. grew its position in Knight-Swift Transportation by 40.0% in the 1st quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock worth $49,000 after purchasing an additional 324 shares in the last quarter. Tectonic Advisors LLC grew its position in Knight-Swift Transportation by 0.6% in the 1st quarter. Tectonic Advisors LLC now owns 62,715 shares of the transportation company's stock worth $2,727,000 after purchasing an additional 403 shares in the last quarter. Finally, Dean Capital Management grew its position in Knight-Swift Transportation by 1.6% in the 4th quarter. Dean Capital Management now owns 28,815 shares of the transportation company's stock worth $1,528,000 after purchasing an additional 446 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company's stock.

Knight-Swift Transportation Price Performance

Shares of Knight-Swift Transportation stock traded up $2.23 on Friday, hitting $44.95. 3,726,358 shares of the company traded hands, compared to its average volume of 2,861,774. The firm's 50-day simple moving average is $44.17 and its 200 day simple moving average is $44.87. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30. The company has a market cap of $7.30 billion, a P/E ratio of 44.07, a P/E/G ratio of 0.63 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a 12-month low of $36.69 and a 12-month high of $61.51.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. The firm had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.87 billion. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The business's quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the company posted $0.24 EPS. 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 fiscal year.

Knight-Swift Transportation Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on KNX shares. Baird R W raised shares of Knight-Swift Transportation to a "strong-buy" rating in a research report on Tuesday, July 1st. Bank of America upped their price objective on shares of Knight-Swift Transportation from $47.00 to $49.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Evercore ISI reduced their price objective on shares of Knight-Swift Transportation from $49.00 to $44.00 and set an "in-line" rating for the company in a research report on Thursday, April 24th. TD Securities reduced their price objective on shares of Knight-Swift Transportation from $55.00 to $49.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Finally, Barclays reduced their price objective on shares of Knight-Swift Transportation from $58.00 to $55.00 and set an "overweight" rating for the company in a research report on Thursday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Knight-Swift Transportation currently has an average rating of "Moderate Buy" and a consensus target price of $53.88.

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.