111 Capital Has $224,000 Stake in Knight-Swift Transportation Holdings Inc. $KNX

111 Capital trimmed its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 65.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,658 shares of the transportation company’s stock after selling 10,698 shares during the period. 111 Capital’s holdings in Knight-Swift Transportation were worth $224,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of KNX. SJS Investment Consulting Inc. increased its position in Knight-Swift Transportation by 7,100.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock worth $37,000 after buying an additional 923 shares during the period. Versant Capital Management Inc grew its stake in shares of Knight-Swift Transportation by 111.3% in the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after acquiring an additional 493 shares during the last quarter. MMA Asset Management LLC bought a new position in Knight-Swift Transportation during the third quarter worth $41,000. Employees Retirement System of Texas bought a new position in Knight-Swift Transportation during the second quarter worth $58,000. Finally, Bartlett & CO. Wealth Management LLC raised its stake in Knight-Swift Transportation by 68.7% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 2,087 shares of the transportation company’s stock valued at $82,000 after purchasing an additional 850 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Wall Street Analysts Forecast Growth

KNX has been the topic of several research analyst reports. Wells Fargo & Company raised their price target on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Stifel Nicolaus decreased their target price on Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. JPMorgan Chase & Co. boosted their price target on Knight-Swift Transportation from $49.00 to $61.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. TD Cowen raised their price objective on Knight-Swift Transportation from $53.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, Stephens decreased their price objective on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Knight-Swift Transportation currently has an average rating of “Moderate Buy” and an average price target of $60.56.

Knight-Swift Transportation Stock Up 3.1%

Shares of NYSE KNX opened at $63.50 on Thursday. Knight-Swift Transportation Holdings Inc. has a 52-week low of $36.69 and a 52-week high of $64.10. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86. The business has a fifty day moving average of $57.67 and a two-hundred day moving average of $49.42. The stock has a market cap of $10.31 billion, a PE ratio of 154.88, a PEG ratio of 0.91 and a beta of 1.12.

Knight-Swift Transportation (NYSE:KNX) last announced its earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the business earned $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. As a group, equities research analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date is Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio is presently 175.61%.

Insiders Place Their Bets

In related news, COO James L. Fitzsimmons sold 5,917 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the sale, the chief operating officer directly owned 8,716 shares in the company, valued at $477,375.32. This represents a 40.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Kevin P. Knight sold 35,000 shares of Knight-Swift Transportation stock in a transaction on 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 owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. The trade was a 2.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 77,930 shares of company stock valued at $4,366,536 over the last quarter. 3.00% of the stock is owned by insiders.

Knight-Swift Transportation Profile

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.