Knight-Swift Transportation Holdings Inc. $KNX Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC boosted its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 142.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,583 shares of the transportation company’s stock after purchasing an additional 1,518 shares during the period. GAMMA Investing LLC’s holdings in Knight-Swift Transportation were worth $114,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Knight-Swift Transportation by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company’s stock worth $649,560,000 after acquiring an additional 515,212 shares in the last quarter. Victory Capital Management Inc. increased its stake in Knight-Swift Transportation by 4.6% during the 1st quarter. Victory Capital Management Inc. now owns 8,344,372 shares of the transportation company’s stock valued at $362,897,000 after buying an additional 364,263 shares during the period. Dimensional Fund Advisors LP increased its stake in Knight-Swift Transportation by 9.1% during 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 during the period. AQR Capital Management LLC increased its stake in Knight-Swift Transportation by 8,856.8% during the 1st quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company’s stock valued at $70,704,000 after buying an additional 1,628,760 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Knight-Swift Transportation by 7.2% in the 1st quarter. American Century Companies Inc. now owns 1,330,804 shares of the transportation company’s stock worth $57,877,000 after purchasing an additional 89,582 shares during the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Knight-Swift Transportation

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 3,420 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.00% of the stock is owned by corporate insiders.

Knight-Swift Transportation Stock Performance

Shares of NYSE:KNX opened at $38.99 on Thursday. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of 38.23, a P/E/G ratio of 0.66 and a beta of 1.14. The firm’s 50 day simple moving average is $42.32 and its 200 day simple moving average is $43.03. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.89 and a quick ratio of 0.89. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.Knight-Swift Transportation’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, sell-side analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share 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 issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.72 annualized dividend and a yield of 1.8%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 70.59%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on KNX shares. Susquehanna cut shares of Knight-Swift Transportation from a “positive” rating to a “neutral” rating and reduced their target price for the stock from $52.00 to $43.00 in a report on Wednesday, September 24th. Robert W. Baird boosted their price objective on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Bank of America reduced their target price on shares of Knight-Swift Transportation from $49.00 to $41.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Baird R W upgraded shares of Knight-Swift Transportation to a “strong-buy” rating in a research note on Tuesday, July 1st. Finally, Citigroup boosted their price objective on shares of Knight-Swift Transportation from $53.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $53.00.

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.