Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Receives $61.67 Average PT from Brokerages

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) have received an average recommendation of “Moderate Buy” from the twenty analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $61.6667.

KNX has been the subject of several research reports. Wells Fargo & Company set a $64.00 target price on Knight-Swift Transportation in a research report on Friday, March 13th. Benchmark increased their price objective on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Barclays raised their price objective on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. TD Cowen lifted their target price on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Finally, Citigroup raised shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 target price on the stock in a research note on Friday, March 13th.

Insider Buying and Selling

In other Knight-Swift Transportation news, COO James L. Fitzsimmons sold 5,917 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Kevin P. Knight sold 30,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $61.00, for a total value of $1,830,000.00. Following the transaction, the chairman owned 1,305,347 shares of the company’s stock, valued at $79,626,167. This represents a 2.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 42,930 shares of company stock valued at $2,581,186. 3.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Knight-Swift Transportation

Several institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in shares of Knight-Swift Transportation by 23.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock worth $259,000 after purchasing an additional 1,124 shares in the last quarter. Focus Partners Wealth acquired a new position in Knight-Swift Transportation in the first quarter valued at about $451,000. Creative Planning boosted its position in Knight-Swift Transportation by 39.9% in the second quarter. Creative Planning now owns 33,332 shares of the transportation company’s stock valued at $1,474,000 after buying an additional 9,510 shares in the last quarter. Cetera Investment Advisers grew its stake in Knight-Swift Transportation by 6.9% during the second quarter. Cetera Investment Advisers now owns 13,724 shares of the transportation company’s stock worth $607,000 after buying an additional 882 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Knight-Swift Transportation by 1.9% during the second quarter. American Century Companies Inc. now owns 1,355,712 shares of the transportation company’s stock worth $59,963,000 after buying an additional 24,908 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Trading Down 0.3%

Shares of KNX opened at $55.41 on Friday. The stock’s 50-day moving average price is $57.68 and its 200 day moving average price is $50.94. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $9.00 billion, a price-to-earnings ratio of 135.14, a P/E/G ratio of 0.83 and a beta of 1.11. Knight-Swift Transportation has a 12-month low of $36.69 and a 12-month high of $64.10.

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

Knight-Swift Transportation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were paid a $0.20 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.80 annualized dividend and a dividend yield of 1.4%. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. Knight-Swift Transportation’s dividend payout ratio is currently 195.12%.

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.