Voya Investment Management LLC Increases Stock Position in Knight-Swift Transportation Holdings Inc. $KNX

Voya Investment Management LLC lifted its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 3.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,288 shares of the transportation company’s stock after purchasing an additional 738 shares during the quarter. Voya Investment Management LLC’s holdings in Knight-Swift Transportation were worth $926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of KNX. AQR Capital Management LLC raised its position in shares of Knight-Swift Transportation by 8,856.8% in the 1st quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company’s stock worth $70,704,000 after purchasing an additional 1,628,760 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Knight-Swift Transportation by 54,434.0% in the 1st quarter. SG Americas Securities LLC now owns 1,103,768 shares of the transportation company’s stock worth $48,003,000 after purchasing an additional 1,101,744 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in shares of Knight-Swift Transportation by 102,633.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 922,805 shares of the transportation company’s stock worth $40,133,000 after purchasing an additional 923,705 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of 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 worth $331,813,000 after purchasing an additional 638,352 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Knight-Swift Transportation by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company’s stock worth $649,560,000 after purchasing an additional 515,212 shares during the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on KNX. Baird R W raised Knight-Swift Transportation to a “strong-buy” rating in a research report on Tuesday, July 1st. Wells Fargo & Company lifted their price objective on Knight-Swift Transportation from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, May 28th. Barclays reduced their price objective on Knight-Swift Transportation from $58.00 to $55.00 and set an “overweight” rating for the company in a report on Thursday, July 10th. UBS Group downgraded Knight-Swift Transportation from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Finally, JPMorgan Chase & Co. lifted their price objective on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.13.

Knight-Swift Transportation Trading Down 0.7%

Knight-Swift Transportation stock opened at $39.16 on Thursday. The business has a 50-day simple moving average of $42.88 and a two-hundred day simple moving average of $43.27. The company has a market cap of $6.36 billion, a P/E ratio of 38.39, a P/E/G ratio of 0.59 and a beta of 1.19. Knight-Swift Transportation Holdings Inc. has a 52-week low of $36.69 and a 52-week high of $61.51. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.30.

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

Knight-Swift Transportation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Shareholders of record on Friday, September 5th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, September 5th. Knight-Swift Transportation’s dividend payout ratio is presently 70.59%.

Knight-Swift Transportation Company Profile

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.