Knight-Swift Transportation Holdings Inc. (KNX) To Go Ex-Dividend on March 6th

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) declared a quarterly dividend on Thursday, February 12th. Investors of record on Friday, March 6th will be given a dividend of 0.20 per share by the transportation company on Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, March 6th. This is a 11.1% increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18.

Knight-Swift Transportation has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 6 consecutive years. Knight-Swift Transportation has a dividend payout ratio of 32.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Knight-Swift Transportation to earn $3.50 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 22.9%.

Knight-Swift Transportation Trading Down 1.1%

KNX stock opened at $61.57 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. Knight-Swift Transportation has a 1-year low of $36.69 and a 1-year high of $63.84. The business has a 50 day simple moving average of $57.47 and a two-hundred day simple moving average of $49.32. The company has a market capitalization of $10.00 billion, a price-to-earnings ratio of 150.17, a PEG ratio of 0.92 and a beta of 1.12.

Knight-Swift Transportation (NYSE:KNX) last released its 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). Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same period last year, the firm posted $0.36 EPS. Knight-Swift Transportation’s quarterly revenue was down .4% compared to the same quarter last year. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Research analysts anticipate that Knight-Swift Transportation will post 2.13 EPS for the current fiscal year.

Insider Activity

In related news, COO James L. Fitzsimmons sold 5,917 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the sale, the chief operating officer owned 8,716 shares in the company, valued at approximately $477,375.32. This represents a 40.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael K. Liu sold 1,243 shares of Knight-Swift Transportation stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $60.87, for a total transaction of $75,661.41. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 82,622 shares of company stock worth $4,608,221. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Knight-Swift Transportation

A number of large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its stake in Knight-Swift Transportation by 23.3% in the first quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock worth $259,000 after purchasing an additional 1,124 shares during the last quarter. Focus Partners Wealth bought a new position in shares of Knight-Swift Transportation during the first quarter valued at approximately $451,000. Arkadios Wealth Advisors raised its holdings in shares of Knight-Swift Transportation by 4.6% in the second quarter. Arkadios Wealth Advisors now owns 10,302 shares of the transportation company’s stock worth $456,000 after buying an additional 455 shares during the period. Atria Investments Inc raised its holdings in shares of Knight-Swift Transportation by 6.2% in the second quarter. Atria Investments Inc now owns 45,401 shares of the transportation company’s stock worth $2,008,000 after buying an additional 2,660 shares during the period. Finally, South Dakota Investment Council lifted its stake in shares of Knight-Swift Transportation by 14.5% during the 2nd quarter. South Dakota Investment Council now owns 98,582 shares of the transportation company’s stock worth $4,360,000 after acquiring an additional 12,500 shares during the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

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.