Knight-Swift Transportation Holdings Inc. $KNX Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. raised its holdings in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 0.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 8,496,137 shares of the transportation company’s stock after purchasing an additional 76,342 shares during the quarter. Victory Capital Management Inc. owned 0.05% of Knight-Swift Transportation worth $335,682,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of KNX. Allspring Global Investments Holdings LLC lifted its position in shares of Knight-Swift Transportation by 21.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock valued at $169,826,000 after acquiring an additional 765,833 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Knight-Swift Transportation by 36.5% during the second quarter. AQR Capital Management LLC now owns 2,248,258 shares of the transportation company’s stock valued at $99,440,000 after purchasing an additional 601,108 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Knight-Swift Transportation by 72.1% during the second quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock valued at $95,558,000 after purchasing an additional 904,903 shares during the last quarter. Ensign Peak Advisors Inc boosted its position in shares of Knight-Swift Transportation by 17.5% in the 2nd quarter. Ensign Peak Advisors Inc now owns 2,046,820 shares of the transportation company’s stock valued at $90,531,000 after purchasing an additional 305,093 shares during the period. Finally, Frontier Capital Management Co. LLC increased its stake in Knight-Swift Transportation by 3.5% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,725,661 shares of the transportation company’s stock worth $76,326,000 after purchasing an additional 57,596 shares in the last quarter. Institutional investors own 88.77% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on KNX shares. Weiss Ratings lowered shares of Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Evercore boosted their price target on shares of Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a report on Tuesday, January 13th. Stifel Nicolaus decreased their price objective on shares of Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. UBS Group lifted their price objective on shares of Knight-Swift Transportation from $51.00 to $54.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. Finally, Susquehanna increased their target price on Knight-Swift Transportation from $58.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Insiders Place Their Bets

In related news, EVP Michael K. Liu sold 1,243 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $60.87, for a total value of $75,661.41. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO James L. Fitzsimmons sold 5,917 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $54.77, for a total transaction of $324,074.09. Following the transaction, the chief operating officer directly owned 8,716 shares in the company, valued at approximately $477,375.32. The trade was a 40.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,622 shares of company stock worth $4,608,221 in the last quarter. Corporate insiders own 3.00% of the company’s stock.

Knight-Swift Transportation Trading Down 1.2%

Shares of NYSE:KNX opened at $62.17 on Tuesday. The firm has a fifty day moving average of $57.31 and a two-hundred day moving average of $49.19. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation Holdings Inc. has a 12-month low of $36.69 and a 12-month high of $63.84. The firm has a market capitalization of $10.10 billion, a P/E ratio of 151.63, a price-to-earnings-growth ratio of 0.93 and a beta of 1.11.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data 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 firm had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.Knight-Swift Transportation’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, equities analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, March 6th. 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. Knight-Swift Transportation’s dividend payout ratio is presently 175.61%.

Knight-Swift Transportation 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.