Blair William & Co. IL Invests $213,000 in Knight-Swift Transportation Holdings Inc. $KNX

Blair William & Co. IL purchased a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) during the second quarter, according to its most recent filing with the SEC. The firm purchased 4,821 shares of the transportation company’s stock, valued at approximately $213,000.

A number of other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in Knight-Swift Transportation by 668.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,743 shares of the transportation company’s stock valued at $1,511,000 after purchasing an additional 30,219 shares in the last quarter. State of Alaska Department of Revenue raised its stake in Knight-Swift Transportation by 2.8% during the 1st quarter. State of Alaska Department of Revenue now owns 18,968 shares of the transportation company’s stock worth $824,000 after buying an additional 510 shares during the period. Econ Financial Services Corp acquired a new stake in Knight-Swift Transportation during the 1st quarter worth $1,707,000. Lecap Asset Management Ltd. bought a new position in Knight-Swift Transportation during the first quarter worth about $3,969,000. Finally, Adams Diversified Equity Fund Inc. acquired a new position in Knight-Swift Transportation in the first quarter valued at about $10,498,000. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Trading Up 0.1%

Knight-Swift Transportation stock opened at $47.07 on Friday. The company has a market cap of $7.64 billion, a price-to-earnings ratio of 46.15, a P/E/G ratio of 0.83 and a beta of 1.14. The firm has a 50-day moving average of $42.54 and a 200-day moving average of $42.94. 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 one year low of $36.69 and a one year high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last released its 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. 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 the consensus estimate of $1.87 billion. During the same quarter in the previous year, the business earned $0.24 earnings per share. Knight-Swift Transportation’s quarterly revenue was up .8% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. On average, equities analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal 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 1.5%. Knight-Swift Transportation’s dividend payout ratio is currently 70.59%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on KNX shares. Deutsche Bank Aktiengesellschaft raised Knight-Swift Transportation from a “hold” rating to a “buy” rating and raised their price target for the stock from $43.00 to $53.00 in a research report on Thursday, October 2nd. Weiss Ratings restated a “sell (d+)” rating on shares of Knight-Swift Transportation in a report on Wednesday, October 8th. Evercore ISI cut their price target on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating on the stock in a research note on Tuesday, September 30th. Stifel Nicolaus raised shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $47.00 to $45.00 in a research report on Friday, October 3rd. Finally, Susquehanna lowered shares of Knight-Swift Transportation from a “positive” rating to a “neutral” rating and dropped their price objective for the stock from $52.00 to $43.00 in a report on Wednesday, September 24th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $52.65.

Insider Buying and Selling

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

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.