Knight-Swift Transportation (NYSE:KNX) Reaches New 1-Year High – What’s Next?

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $62.63 and last traded at $60.69, with a volume of 817399 shares changing hands. The stock had previously closed at $59.20.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Citigroup reissued a “neutral” rating and set a $64.00 price objective on shares of Knight-Swift Transportation in a research report on Friday, February 6th. Zacks Research raised shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Stifel Nicolaus dropped their target price on Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Finally, Weiss Ratings cut Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

Knight-Swift Transportation Trading Up 4.3%

The stock has a market capitalization of $10.02 billion, a PE ratio of 150.57, a PEG ratio of 0.91 and a beta of 1.15. The company has a quick ratio of 1.33, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average is $56.37 and its two-hundred day moving average is $48.36.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. Knight-Swift Transportation’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Increases Dividend

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

Insider Buying and Selling

In related news, 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 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $60.87, for a total transaction of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 46,852 shares of company stock worth $2,426,770. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Dean Capital Management increased its position in Knight-Swift Transportation by 3.2% during the 4th quarter. Dean Capital Management now owns 44,563 shares of the transportation company’s stock worth $2,330,000 after purchasing an additional 1,392 shares during the period. Compound Planning Inc. purchased a new stake in shares of Knight-Swift Transportation in the fourth quarter valued at approximately $243,000. Invesco Ltd. boosted its stake in shares of Knight-Swift Transportation by 513.6% in the fourth quarter. Invesco Ltd. now owns 2,416,865 shares of the transportation company’s stock valued at $126,354,000 after buying an additional 2,022,996 shares in the last quarter. Alberta Investment Management Corp acquired a new position in Knight-Swift Transportation during the fourth quarter worth $1,621,000. Finally, Empowered Funds LLC raised its position in Knight-Swift Transportation by 196.3% in the fourth quarter. Empowered Funds LLC now owns 22,236 shares of the transportation company’s stock worth $1,162,000 after acquiring an additional 14,731 shares in the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

Knight-Swift Transportation Company 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.