Maverick Capital Ltd. Makes New Investment in Knight-Swift Transportation Holdings Inc. $KNX

Maverick Capital Ltd. bought a new stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,609 shares of the transportation company’s stock, valued at approximately $611,000.

Several other large investors have also added to or reduced their stakes in the stock. Blue Trust Inc. lifted its position in shares of Knight-Swift Transportation by 123.9% in the 1st quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock worth $31,000 after purchasing an additional 301 shares during the period. Clearstead Advisors LLC raised its stake in Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after buying an additional 385 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Knight-Swift Transportation by 1,478.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock worth $35,000 after buying an additional 828 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Knight-Swift Transportation in the fourth quarter worth about $39,000. Finally, Fifth Third Bancorp boosted its position in Knight-Swift Transportation by 44.4% during the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 267 shares in the last quarter. Institutional investors own 88.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KNX. Susquehanna increased their target price on Knight-Swift Transportation from $90.00 to $96.00 and gave the stock a “positive” rating in a research report on Thursday, July 23rd. UBS Group upped their price target on Knight-Swift Transportation from $79.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Citizens Jmp initiated coverage on Knight-Swift Transportation in a report on Wednesday, July 15th. They issued a “market outperform” rating and a $90.00 price objective for the company. Barclays raised their price objective on Knight-Swift Transportation from $75.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Finally, Morgan Stanley increased their price target on shares of Knight-Swift Transportation from $70.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $84.44.

Knight-Swift Transportation Stock Down 0.8%

KNX stock opened at $70.14 on Wednesday. The business has a 50 day moving average of $75.66 and a 200 day moving average of $65.26. The firm has a market cap of $11.40 billion, a PE ratio of 269.77, a price-to-earnings-growth ratio of 0.60 and a beta of 1.18. Knight-Swift Transportation Holdings Inc. has a twelve month low of $38.63 and a twelve month high of $82.86. The company has a quick ratio of 0.70, a current ratio of 0.88 and a debt-to-equity ratio of 0.32.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.51 by $0.12. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same period in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. On average, research analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.42 EPS for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 8th. Knight-Swift Transportation’s dividend payout ratio is 307.69%.

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.