State of Alaska Department of Revenue Has $802,000 Stock Holdings in Knight-Swift Transportation Holdings Inc. $KNX

State of Alaska Department of Revenue lessened its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 4.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,153 shares of the transportation company’s stock after selling 815 shares during the quarter. State of Alaska Department of Revenue’s holdings in Knight-Swift Transportation were worth $802,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Larson Financial Group LLC lifted its stake in shares of Knight-Swift Transportation by 9,383.3% during the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 563 shares during the period. Brooklyn Investment Group lifted its stake in shares of Knight-Swift Transportation by 93.4% during the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 310 shares during the period. UMB Bank n.a. lifted its stake in shares of Knight-Swift Transportation by 40.0% during the first quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 324 shares during the period. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Knight-Swift Transportation during the second quarter valued at $55,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Knight-Swift Transportation during the first quarter valued at $111,000. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Stock Up 4.4%

Shares of Knight-Swift Transportation stock opened at $43.23 on Tuesday. Knight-Swift Transportation Holdings Inc. has a 1 year low of $36.69 and a 1 year high of $61.51. The business has a 50-day moving average of $42.11 and a two-hundred day moving average of $42.92. The company has a market capitalization of $7.02 billion, a P/E ratio of 42.38, a price-to-earnings-growth ratio of 0.70 and a beta of 1.14. 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 (NYSE:KNX) last announced its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.01. The company 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 company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 earnings per share. 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 Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 22nd. Investors of record on Friday, September 5th were issued 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 1.7%. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 70.59%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Susquehanna downgraded Knight-Swift Transportation from a “positive” rating to a “neutral” rating and dropped their price objective for the company from $52.00 to $43.00 in a report on Wednesday, September 24th. Stifel Nicolaus upgraded Knight-Swift Transportation from a “hold” rating to a “buy” rating and dropped their price objective for the company from $47.00 to $45.00 in a report on Friday. Morgan Stanley dropped their price objective on Knight-Swift Transportation from $68.00 to $67.00 and set an “overweight” rating for the company in a report on Monday. Citigroup upped their price objective on Knight-Swift Transportation from $53.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Finally, Bank of America dropped their price objective on Knight-Swift Transportation from $49.00 to $41.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $52.18.

Insider Activity

In related news, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction dated 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 is available through this hyperlink. Insiders own 3.00% of the company’s stock.

Knight-Swift Transportation 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.