Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Plans Quarterly Dividend of $0.20

Key Points

• Knight-Swift Transportation declared a quarterly dividend of $0.20 per share, payable September 21 to shareholders of record September 4. The annualized dividend is $0.80, yielding approximately 1.2%, and has been increased for six consecutive years.
• The company reported quarterly EPS of $0.63, beating estimates of $0.51, while revenue rose 12.6% year over year to $2.10 billion. Analysts expect full-year EPS of $2.42.
• Shares fell 2.2% to $69.26, while two company insiders sold a combined 53,600 shares. Institutional investors own approximately 88.77% of the stock.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Get Free Report) declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Friday, September 4th will be paid a dividend of 0.20 per share by the transportation company on Monday, September 21st. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, September 4th.

Knight-Swift Transportation has increased its dividend by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 6 consecutive years. Knight-Swift Transportation has a payout ratio of 32.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Knight-Swift Transportation to earn $3.93 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 20.4%.

Knight-Swift Transportation Trading Down 2.2%

Shares of Knight-Swift Transportation stock traded down $1.55 during trading on Thursday, hitting $69.26. The company's stock had a trading volume of 2,096,120 shares, compared to its average volume of 3,784,344. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.88. Knight-Swift Transportation has a 52 week low of $38.63 and a 52 week high of $82.86. The stock has a market cap of $11.25 billion, a price-to-earnings ratio of 266.40, a price-to-earnings-growth ratio of 0.61 and a beta of 1.18. The stock has a 50-day moving average price of $75.51 and a two-hundred day moving average price of $65.82.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.12. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period last year, the company earned $0.21 EPS. Knight-Swift Transportation's revenue for the quarter was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Equities research analysts anticipate that Knight-Swift Transportation will post 2.42 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Cary M. Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.82, for a total value of $254,952.00. Following the completion of the sale, the chief accounting officer owned 5,405 shares in the company, valued at $382,782.10. The trade was a 39.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Reid Dove sold 50,000 shares of the business's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.25, for a total transaction of $3,512,500.00. Following the transaction, the director owned 169,154 shares in the company, valued at $11,883,068.50. The trade was a 22.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Knight-Swift Transportation

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Handelsbanken Fonder AB raised its holdings in shares of Knight-Swift Transportation by 7.2% during the second quarter. Handelsbanken Fonder AB now owns 48,900 shares of the transportation company's stock valued at $3,808,000 after purchasing an additional 3,300 shares during the period. IFC & Insurance Marketing Inc. bought a new stake in Knight-Swift Transportation in the 2nd quarter valued at about $245,000. GAMMA Investing LLC increased its position in Knight-Swift Transportation by 20.0% in the 2nd quarter. GAMMA Investing LLC now owns 4,380 shares of the transportation company's stock valued at $341,000 after buying an additional 729 shares in the last quarter. Mader & Shannon Wealth Management Inc. raised its stake in Knight-Swift Transportation by 1.7% during the 2nd quarter. Mader & Shannon Wealth Management Inc. now owns 171,537 shares of the transportation company's stock worth $13,358,000 after buying an additional 2,818 shares during the period. Finally, DV Trading LLC bought a new position in Knight-Swift Transportation in the first quarter worth approximately $287,000. 88.77% of the stock is owned by institutional investors.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc NYSE: KNX is one of North America's largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company's core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.

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