Deprince Race & Zollo Inc. Grows Stock Position in Knight-Swift Transportation Holdings Inc. $KNX

Deprince Race & Zollo Inc. boosted its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 5.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 701,856 shares of the transportation company’s stock after purchasing an additional 38,474 shares during the period. Deprince Race & Zollo Inc. owned approximately 0.43% of Knight-Swift Transportation worth $27,730,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. AQR Capital Management LLC grew its stake in Knight-Swift Transportation by 8,856.8% in the first 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 in the last quarter. Norges Bank bought a new position in shares of Knight-Swift Transportation during the second quarter valued at approximately $59,407,000. Clean Energy Transition LLP acquired a new stake in shares of Knight-Swift Transportation during the 2nd quarter worth approximately $51,817,000. Cubist Systematic Strategies LLC lifted its holdings 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. Finally, Bank of New York Mellon Corp boosted its position in Knight-Swift Transportation by 72.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock valued at $95,558,000 after purchasing an additional 904,903 shares during the period. Institutional investors and hedge funds own 88.77% of the company’s stock.

Insider Buying and Selling

In other Knight-Swift Transportation news, Chairman Kevin P. Knight sold 35,000 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total value of $1,785,350.00. Following the completion of the transaction, the chairman directly owned 1,405,347 shares in the company, valued at $71,686,750.47. This trade represents a 2.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Cary M. Flanagan sold 4,300 shares of the business’s stock in a transaction that occurred 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 owned 5,644 shares in the company, valued at $254,205.76. This represents a 43.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 43,992 shares of company stock valued at $2,220,707. 3.00% of the stock is owned by corporate insiders.

Knight-Swift Transportation Trading Down 0.5%

Shares of NYSE:KNX opened at $53.30 on Friday. 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 market capitalization of $8.65 billion, a price-to-earnings ratio of 60.56, a PEG ratio of 1.06 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a 1-year low of $36.69 and a 1-year high of $61.51. The company has a 50 day moving average price of $47.55 and a 200 day moving average price of $44.87.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. Knight-Swift Transportation’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company posted $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were given a $0.18 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.4%. Knight-Swift Transportation’s dividend payout ratio (DPR) is 81.82%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. increased their target price on Knight-Swift Transportation from $48.00 to $49.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Wells Fargo & Company increased their price objective on shares of Knight-Swift Transportation from $48.00 to $58.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Stifel Nicolaus boosted their target price on shares of Knight-Swift Transportation from $52.00 to $59.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Citigroup upped their target price on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft raised Knight-Swift Transportation from a “hold” rating to a “buy” rating and lifted their price target for the company from $43.00 to $53.00 in a report on Thursday, October 2nd. Two analysts have rated the stock with a Strong Buy rating, twelve have issued 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.24.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.