Knight-Swift Transportation (NYSE:KNX) Downgraded by Susquehanna to “Neutral”

Susquehanna downgraded shares of Knight-Swift Transportation (NYSE:KNX) from a positive rating to a neutral rating in a research note published on Wednesday, Marketbeat reports. Susquehanna currently has $43.00 price objective on the transportation company’s stock, down from their previous price objective of $52.00.

Other equities research analysts also recently issued research reports about the stock. Raymond James Financial increased their price objective on shares of Knight-Swift Transportation from $50.00 to $55.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 15th. JPMorgan Chase & Co. increased their target price on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Wells Fargo & Company lifted their price target on Knight-Swift Transportation from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, May 28th. Baird R W raised Knight-Swift Transportation to a “strong-buy” rating in a research report on Tuesday, July 1st. Finally, The Goldman Sachs Group raised Knight-Swift Transportation from a “neutral” rating to a “buy” rating and lifted their target price for the company from $45.00 to $65.00 in a research report on Monday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $53.13.

Knight-Swift Transportation Stock Down 0.7%

Shares of Knight-Swift Transportation stock opened at $39.16 on Wednesday. The company has a market capitalization of $6.36 billion, a P/E ratio of 38.39, a price-to-earnings-growth ratio of 0.59 and a beta of 1.19. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.89 and a quick ratio of 0.89. The business has a 50-day moving average of $42.88 and a two-hundred day moving average of $43.27. Knight-Swift Transportation has a 1 year low of $36.69 and a 1 year high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the business posted $0.24 EPS. Knight-Swift Transportation’s revenue for the quarter was up .8% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, equities analysts predict that Knight-Swift Transportation will post 2.13 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 22nd. Stockholders of record on Friday, September 5th were paid a dividend of $0.18 per share. The ex-dividend date was Friday, September 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.8%. Knight-Swift Transportation’s dividend payout ratio is currently 70.59%.

Insider Buying and Selling at Knight-Swift Transportation

In other news, EVP Michael K. Liu sold 3,420 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Knight-Swift Transportation

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Knight-Swift Transportation by 3.6% in the first quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company’s stock valued at $649,560,000 after buying an additional 515,212 shares during the last quarter. Victory Capital Management Inc. lifted its position in Knight-Swift Transportation by 4.6% during the first quarter. Victory Capital Management Inc. now owns 8,344,372 shares of the transportation company’s stock worth $362,897,000 after acquiring an additional 364,263 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Knight-Swift Transportation by 9.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,629,706 shares of the transportation company’s stock valued at $331,813,000 after buying an additional 638,352 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Knight-Swift Transportation by 8.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,595,397 shares of the transportation company’s stock worth $165,712,000 after buying an additional 268,761 shares in the last quarter. Finally, 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 worth $99,440,000 after buying an additional 601,108 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.