Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Short Interest Down 17.9% in January

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 7,921,421 shares, a decrease of 17.9% from the January 15th total of 9,653,685 shares. Based on an average daily trading volume, of 3,765,830 shares, the short-interest ratio is presently 2.1 days. Approximately 5.0% of the company’s stock are short sold. Approximately 5.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,765,830 shares, the short-interest ratio is presently 2.1 days.

Analyst Ratings Changes

KNX has been the topic of a number of analyst reports. Stephens cut their price target on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Evercore increased their price objective on Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a report on Tuesday, January 13th. UBS Group raised their target price on Knight-Swift Transportation from $51.00 to $54.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. Weiss Ratings upgraded Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 29th. Finally, Susquehanna increased their price target on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $60.00.

Knight-Swift Transportation Stock Performance

Shares of KNX traded down $0.37 during mid-day trading on Monday, reaching $59.53. 2,650,601 shares of the company’s stock were exchanged, compared to its average volume of 3,639,196. The business’s fifty day simple moving average is $55.71 and its 200-day simple moving average is $47.90. The stock has a market capitalization of $9.66 billion, a PE ratio of 145.19, a price-to-earnings-growth ratio of 0.88 and a beta of 1.15. Knight-Swift Transportation has a 52-week low of $36.69 and a 52-week high of $62.20. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 1.33.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.05). The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the company earned $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, equities research analysts expect that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date is Friday, March 6th. Knight-Swift Transportation’s payout ratio is currently 175.61%.

Insider Activity

In other news, SVP Reed Stultz sold 4,692 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total value of $241,684.92. Following the sale, the senior vice president directly owned 465 shares in the company, valued at approximately $23,952.15. This trade represents a 90.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Kevin P. Knight sold 35,000 shares of Knight-Swift Transportation stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the sale, the chairman directly owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. This trade represents a 2.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 46,852 shares of company stock worth $2,426,770 in the last ninety days. 3.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Knight-Swift Transportation

Several institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC raised its stake in Knight-Swift Transportation by 23.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock valued at $259,000 after acquiring an additional 1,124 shares during the last quarter. Focus Partners Wealth purchased a new position in shares of Knight-Swift Transportation in the 1st quarter valued at approximately $451,000. Blair William & Co. IL acquired a new position in shares of Knight-Swift Transportation in the second quarter valued at approximately $213,000. IFP Advisors Inc raised its stake in shares of Knight-Swift Transportation by 21.3% during the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock worth $96,000 after purchasing an additional 379 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Knight-Swift Transportation by 20.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,811 shares of the transportation company’s stock worth $832,000 after purchasing an additional 3,256 shares during the period. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Company Profile

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.