Arrowstreet Capital Limited Partnership Acquires 399,054 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Arrowstreet Capital Limited Partnership boosted its stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 101.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 794,344 shares of the transportation company’s stock after purchasing an additional 399,054 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.49% of Knight-Swift Transportation worth $35,134,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Brooklyn Investment Group raised its holdings in Knight-Swift Transportation by 93.4% in the 1st 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. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Knight-Swift Transportation during the second quarter worth approximately $55,000. Employees Retirement System of Texas acquired a new stake in Knight-Swift Transportation during the 2nd quarter worth approximately $58,000. UMB Bank n.a. boosted its stake in Knight-Swift Transportation by 43.3% in the 2nd quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 491 shares during the period. Finally, IFP Advisors Inc grew its holdings in Knight-Swift Transportation by 21.3% in the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after buying an additional 379 shares in the last quarter. 88.77% of the stock is owned by institutional investors.

Insider Transactions at Knight-Swift Transportation

In related news, SVP Reed Stultz sold 4,692 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $51.51, for a total value of $241,684.92. Following the sale, the senior vice president directly owned 465 shares in the company, valued at approximately $23,952.15. The trade was a 90.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Cary M. Flanagan sold 4,300 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the sale, the chief accounting officer directly owned 5,644 shares in the company, valued at $254,205.76. The trade was a 43.24% decrease in their position. The SEC filing for this sale provides additional information. 3.00% of the stock is currently owned by insiders.

Knight-Swift Transportation Trading Up 0.7%

Shares of KNX stock opened at $51.28 on Friday. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $61.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a 50 day simple moving average of $44.63 and a two-hundred day simple moving average of $43.98. The company has a market cap of $8.32 billion, a P/E ratio of 58.27, a PEG ratio of 1.03 and a beta of 1.17.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.06). Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the previous year, the company posted $0.34 EPS. The firm’s revenue was up 2.7% on a year-over-year basis. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Research 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 business also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, December 5th. Knight-Swift Transportation’s payout ratio is 81.82%.

Analyst Upgrades and Downgrades

KNX has been the topic of a number of analyst reports. Susquehanna decreased their target price on shares of Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating on the stock in a research report on Thursday, October 23rd. TD Cowen increased their price target on Knight-Swift Transportation from $44.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. raised their price objective on Knight-Swift Transportation from $48.00 to $49.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Citigroup cut their target price on Knight-Swift Transportation from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Finally, Evercore ISI reduced 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 report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Knight-Swift Transportation presently has a consensus rating of “Moderate Buy” and an average target price of $53.29.

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.