Junto Capital Management LP Boosts Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Junto Capital Management LP increased its stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 252.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 2,262,145 shares of the transportation company’s stock after purchasing an additional 1,620,224 shares during the quarter. Knight-Swift Transportation comprises about 1.8% of Junto Capital Management LP’s portfolio, making the stock its 15th biggest position. Junto Capital Management LP’s holdings in Knight-Swift Transportation were worth $89,377,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Dean Capital Management grew its holdings in shares of Knight-Swift Transportation by 10.7% during the third quarter. Dean Capital Management now owns 43,171 shares of the transportation company’s stock worth $1,706,000 after purchasing an additional 4,190 shares during the last quarter. Bridgefront Capital LLC acquired a new stake in shares of Knight-Swift Transportation in the 3rd quarter valued at about $599,000. Aristotle Capital Boston LLC boosted its position in shares of Knight-Swift Transportation by 412.0% in the 3rd quarter. Aristotle Capital Boston LLC now owns 301,450 shares of the transportation company’s stock valued at $11,910,000 after purchasing an additional 242,573 shares during the period. Alliancebernstein L.P. grew its stake in Knight-Swift Transportation by 57.0% during the 3rd quarter. Alliancebernstein L.P. now owns 343,488 shares of the transportation company’s stock worth $13,571,000 after buying an additional 124,643 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Knight-Swift Transportation by 5.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 808,871 shares of the transportation company’s stock worth $31,958,000 after buying an additional 43,715 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Insider Activity

In other Knight-Swift Transportation news, COO James L. Fitzsimmons sold 5,917 shares of the business’s stock in a transaction that occurred 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 transaction, the chief operating officer owned 8,716 shares in the company, valued at approximately $477,375.32. The trade was a 40.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Kevin P. Knight sold 30,000 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $61.00, for a total value of $1,830,000.00. Following the transaction, the chairman directly owned 1,305,347 shares of the company’s stock, valued at approximately $79,626,167. This trade represents a 2.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 42,930 shares of company stock valued at $2,581,186. 3.00% of the stock is owned by insiders.

Knight-Swift Transportation Trading Down 0.2%

NYSE:KNX opened at $51.91 on Monday. Knight-Swift Transportation Holdings Inc. has a 12-month low of $36.69 and a 12-month high of $64.10. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30. The stock’s 50 day simple moving average is $58.13 and its 200-day simple moving average is $50.09. The firm has a market cap of $8.43 billion, a P/E ratio of 126.61, a PEG ratio of 0.77 and a beta of 1.11.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share 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 for the quarter, compared to analyst estimates of $1.90 billion. Knight-Swift Transportation’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 1.5%. Knight-Swift Transportation’s payout ratio is presently 195.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Wells Fargo & Company set a $64.00 price objective on Knight-Swift Transportation in a research note on Friday. Zacks Research raised shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Barclays upped their price target on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Weiss Ratings cut shares of Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Finally, Stifel Nicolaus dropped their price objective on shares of Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $60.78.

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.