AlphaQuest LLC Trims Stock Holdings in Knight-Swift Transportation Holdings Inc. $KNX

AlphaQuest LLC lowered its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 29.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,901 shares of the transportation company’s stock after selling 13,141 shares during the period. AlphaQuest LLC’s holdings in Knight-Swift Transportation were worth $1,411,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Larson Financial Group LLC boosted its holdings in Knight-Swift Transportation by 9,383.3% in the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 563 shares during the last quarter. Brooklyn Investment Group boosted its holdings in Knight-Swift Transportation by 93.4% in the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 310 shares during the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in Knight-Swift Transportation during the 2nd quarter worth approximately $55,000. UMB Bank n.a. lifted its holdings in Knight-Swift Transportation by 43.3% during the 2nd quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company’s stock worth $72,000 after buying an additional 491 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in Knight-Swift Transportation by 21.3% during the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock worth $96,000 after buying an additional 379 shares during the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Analyst Ratings Changes

KNX has been the topic of a number of research analyst reports. Bank of America raised Knight-Swift Transportation from a “neutral” rating to a “buy” rating and increased their target price for the stock from $41.00 to $50.00 in a report on Thursday, October 16th. Wells Fargo & Company reduced their target price on Knight-Swift Transportation from $50.00 to $48.00 and set an “overweight” rating on the stock in a report on Monday, October 6th. TD Cowen increased their target price on Knight-Swift Transportation from $44.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday. Stifel Nicolaus increased their price target on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Evercore ISI dropped their price target on 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 research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $53.29.

Knight-Swift Transportation Stock Up 3.2%

KNX opened at $45.41 on Friday. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $61.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 0.89. The stock has a market cap of $7.37 billion, a P/E ratio of 51.60, a P/E/G ratio of 0.78 and a beta of 1.14. The stock’s 50 day moving average price is $42.91 and its 200 day moving average price is $43.16.

Knight-Swift Transportation (NYSE:KNX) last issued 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 net margin of 1.90% and a return on equity of 2.98%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the business posted $0.34 earnings per share. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, research analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Stockholders of record on Friday, September 5th were given a dividend of $0.18 per share. The ex-dividend date was Friday, September 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.6%. Knight-Swift Transportation’s dividend payout ratio (DPR) is 81.82%.

Insider Activity

In other news, EVP Michael K. Liu sold 3,420 shares of Knight-Swift Transportation stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 3.00% of the company’s stock.

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.