Vise Technologies Inc. increased its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Free Report) by 104.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,666 shares of the transportation company’s stock after buying an additional 9,041 shares during the quarter. Vise Technologies Inc.’s holdings in Knight-Swift Transportation were worth $1,123,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of KNX. Dimensional Fund Advisors LP raised its stake in shares of Knight-Swift Transportation by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company’s stock valued at $486,995,000 after purchasing an additional 60,750 shares during the period. Manning & Napier Advisors LLC acquired a new stake in Knight-Swift Transportation during the 2nd quarter valued at $173,669,000. Sei Investments Co. grew its holdings in Knight-Swift Transportation by 24.7% during the 1st quarter. Sei Investments Co. now owns 842,644 shares of the transportation company’s stock valued at $48,519,000 after purchasing an additional 166,919 shares in the last quarter. Principal Financial Group Inc. increased its stake in Knight-Swift Transportation by 38.9% during the 1st quarter. Principal Financial Group Inc. now owns 595,649 shares of the transportation company’s stock worth $34,297,000 after buying an additional 166,668 shares during the period. Finally, Baird Financial Group Inc. increased its stake in Knight-Swift Transportation by 152.4% during the 2nd quarter. Baird Financial Group Inc. now owns 426,026 shares of the transportation company’s stock worth $33,175,000 after buying an additional 257,256 shares during the period. 88.77% of the stock is currently owned by hedge funds and other institutional investors.
Knight-Swift Transportation Trading Down 0.1%
NYSE:KNX opened at $58.38 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $64.94 and its two-hundred day moving average is $66.05. Knight-Swift Transportation Holdings Inc. has a 52 week low of $41.24 and a 52 week high of $82.86. The company has a market cap of $9.50 billion, a PE ratio of 62.77, a P/E/G ratio of 0.48 and a beta of 1.20.
Knight-Swift Transportation (NYSE:KNX – Get Free Report) last issued its earnings results on Wednesday, October 21st. The transportation company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.76 by $0.07. Knight-Swift Transportation had a return on equity of 4.71% and a net margin of 1.92%. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same quarter last year, the firm earned $0.32 EPS. The business’s revenue was up 14.2% on a year-over-year basis. On average, analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.47 EPS for the current year.
Knight-Swift Transportation Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Monday, December 7th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, December 7th. Knight-Swift Transportation’s payout ratio is currently 86.02%.
Knight-Swift Transportation News Summary
Here are the key news stories impacting Knight-Swift Transportation this week:
- Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $2.55 from $2.45 and lifted estimates for FY2027 and FY2028 to $3.66 and $5.01, respectively. The upgrades suggest better longer-term earnings expectations, although Zacks maintained a Hold rating. Knight-Swift stock coverage
- Neutral Sentiment: The company kept its quarterly cash dividend at $0.20 per share, payable Dec. 21 to shareholders of record Dec. 7. The steady payout supports income investors but is not an increase. Dividend announcement
- Negative Sentiment: Zacks trimmed its Q4 2026 EPS estimate to $0.79 from $0.81, a modest near-term downgrade that partly offsets the broader upward revisions.
Insider Buying and Selling at Knight-Swift Transportation
In other news, CEO Reid Dove sold 126,864 shares of Knight-Swift Transportation stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $73.13, for a total value of $9,277,564.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Vander Ploeg sold 2,200 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the sale, the director directly owned 30,252 shares of the company’s stock, valued at approximately $1,583,087.16. This represents a 6.78% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 171,354 shares of company stock valued at $12,416,002. 2.90% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Stifel Nicolaus boosted their price objective on shares of Knight-Swift Transportation from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Morgan Stanley set a $90.00 target price on Knight-Swift Transportation in a research note on Wednesday, September 2nd. Citizens Jmp began coverage on Knight-Swift Transportation in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $90.00 target price on the stock. Citigroup reiterated a “market outperform” rating on shares of Knight-Swift Transportation in a research note on Thursday, October 22nd. Finally, Sanford C. Bernstein initiated coverage on Knight-Swift Transportation in a report on Thursday, September 10th. They issued an “outperform” rating and a $91.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Knight-Swift Transportation has an average rating of “Moderate Buy” and an average price target of $83.22.
Get Our Latest Analysis on Knight-Swift Transportation
About Knight-Swift Transportation
Knight-Swift Transportation Holdings is a transportation and logistics company providing freight services primarily across North America. Its offerings include truckload transportation, less-than-truckload shipping, freight brokerage, logistics and intermodal services.
The company’s truckload operations serve a range of shipping needs, including dry van, refrigerated, flatbed and dedicated transportation. Its network also supports cross-border freight movements between the United States, Mexico and Canada.
Knight-Swift was formed in 2017 through the merger of Knight Transportation and Swift Transportation.
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