Knight-Swift Transportation (NYSE:KNX) Reaches New 52-Week High – Here’s Why

Knight-Swift Transportation Holdings Inc. (NYSE:KNX)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $62.72 and last traded at $62.3560, with a volume of 1524497 shares changing hands. The stock had previously closed at $61.70.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on KNX shares. Citigroup reiterated a “neutral” rating and set a $64.00 target price on shares of Knight-Swift Transportation in a research report on Friday, February 6th. TD Cowen raised their price target on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Wells Fargo & Company boosted their price objective on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. JPMorgan Chase & Co. upped their target price on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Finally, Stephens decreased their price target on shares of Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Knight-Swift Transportation presently has a consensus rating of “Moderate Buy” and an average target price of $60.00.

Knight-Swift Transportation Stock Up 1.8%

The business’s 50 day moving average is $57.14 and its 200 day moving average is $49.02. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The company has a market cap of $10.21 billion, a P/E ratio of 153.25, a P/E/G ratio of 0.93 and a beta of 1.15.

Knight-Swift Transportation (NYSE:KNX) last announced its earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.05). The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate 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 was down .4% compared to the same quarter last year. During the same period last year, the business posted $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. As a group, equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be issued a $0.20 dividend. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio is presently 175.61%.

Insiders Place Their Bets

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 1,243 shares of Knight-Swift Transportation stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Joshua Smith sold 5,770 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $60.91, for a total value of $351,450.70. Following the sale, the chief financial officer owned 9,214 shares of the company’s stock, valued at approximately $561,224.74. This represents a 38.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 82,622 shares of company stock worth $4,608,221. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clearstead Advisors LLC raised its stake in Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after buying an additional 385 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 828 shares in the last quarter. SJS Investment Consulting Inc. raised its position in shares of Knight-Swift Transportation by 7,100.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 923 shares during the last quarter. Versant Capital Management Inc boosted its stake in Knight-Swift Transportation by 111.3% in the 3rd quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after purchasing an additional 493 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in Knight-Swift Transportation in the 4th quarter worth approximately $39,000. 88.77% of the stock is currently owned by hedge funds and other 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.