Bridgefront Capital LLC Makes New Investment in Knight-Swift Transportation Holdings Inc. $KNX

Bridgefront Capital LLC acquired a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 15,164 shares of the transportation company’s stock, valued at approximately $599,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hussman Strategic Advisors Inc. acquired a new position in shares of Knight-Swift Transportation in the third quarter valued at approximately $830,000. Victory Capital Management Inc. raised its stake in Knight-Swift Transportation by 0.9% in the third quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock valued at $335,682,000 after purchasing an additional 76,342 shares in the last quarter. Deprince Race & Zollo Inc. lifted its holdings in shares of Knight-Swift Transportation by 5.8% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 701,856 shares of the transportation company’s stock worth $27,730,000 after acquiring an additional 38,474 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Knight-Swift Transportation by 21.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock worth $169,826,000 after purchasing an additional 765,833 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Knight-Swift Transportation during the 3rd quarter worth $749,000. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Stock Performance

Shares of Knight-Swift Transportation stock opened at $51.91 on Monday. The company has a market cap of $8.43 billion, a P/E ratio of 126.61, a PEG ratio of 0.77 and a beta of 1.11. The business has a 50-day moving average price of $58.13 and a two-hundred day moving average price of $50.09. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation Holdings Inc. has a 1-year low of $36.69 and a 1-year high of $64.10.

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

Knight-Swift Transportation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be issued a $0.20 dividend. The ex-dividend date is Friday, March 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.18. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 195.12%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on KNX shares. Weiss Ratings downgraded shares of Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 20th. Benchmark raised their price objective on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Wells Fargo & Company set a $64.00 target price on shares of Knight-Swift Transportation in a research report on Friday. Stifel Nicolaus lowered their target price on Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Finally, Barclays lifted their target price on Knight-Swift Transportation from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and a consensus price target of $60.78.

Insider Buying and Selling at Knight-Swift Transportation

In other news, CFO Joshua Smith sold 5,770 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $60.91, for a total value of $351,450.70. Following the completion of the sale, the chief financial officer directly owned 9,214 shares of the company’s stock, valued at $561,224.74. This represents a 38.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Kevin P. Knight sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $61.00, for a total value of $1,830,000.00. Following the completion of the transaction, the chairman owned 1,305,347 shares in the company, valued at $79,626,167. This represents a 2.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 42,930 shares of company stock worth $2,581,186. 3.00% of the stock is currently owned by insiders.

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.