63,349 Shares in Knight-Swift Transportation Holdings Inc. $KNX Acquired by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. purchased a new position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in the first quarter, HoldingsChannel.com reports. The firm purchased 63,349 shares of the transportation company’s stock, valued at approximately $3,648,000.

Several other large investors also recently bought and sold shares of the company. Strs Ohio boosted its stake in shares of Knight-Swift Transportation by 24.7% in the fourth quarter. Strs Ohio now owns 448,471 shares of the transportation company’s stock valued at $23,446,000 after purchasing an additional 88,707 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Knight-Swift Transportation by 7.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,676,422 shares of the transportation company’s stock worth $244,250,000 after buying an additional 315,192 shares during the period. UBS Group AG lifted its holdings in Knight-Swift Transportation by 44.3% in the 4th quarter. UBS Group AG now owns 2,430,896 shares of the transportation company’s stock worth $127,087,000 after buying an additional 745,787 shares in the last quarter. WINTON GROUP Ltd acquired a new position in Knight-Swift Transportation in the 4th quarter worth $6,551,000. Finally, Comerica Bank lifted its holdings in Knight-Swift Transportation by 68.7% in the 4th quarter. Comerica Bank now owns 130,638 shares of the transportation company’s stock worth $6,830,000 after buying an additional 53,183 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Price Performance

Shares of KNX stock opened at $76.03 on Thursday. The firm has a market cap of $12.35 billion, a P/E ratio of 362.06, a P/E/G ratio of 0.86 and a beta of 1.18. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.70 and a quick ratio of 0.70. Knight-Swift Transportation Holdings Inc. has a 1-year low of $38.63 and a 1-year high of $82.86. The firm has a fifty day moving average of $75.45 and a two-hundred day moving average of $64.78.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.12. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.05 billion. Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.94%. The company’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.21 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were issued a $0.20 dividend. 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 payout ratio is currently 380.95%.

Key Stories Impacting Knight-Swift Transportation

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: Knight-Swift beat Wall Street’s Q2 expectations, reporting adjusted EPS of $0.63 versus the $0.51 consensus and revenue of $2.10 billion versus $2.05 billion expected. The company also delivered a big year-over-year EPS improvement from $0.21, signaling stronger profitability. Article Title
• Positive Sentiment: The company raised confidence for the next quarter by guiding Q3 2026 EPS to $0.71-$0.77, above the $0.67 analyst estimate, suggesting management sees continued momentum in freight demand and operating performance. Article Title
• Neutral Sentiment: Knight-Swift was also named to Zacks’ Rank #1 (Strong Buy) growth stocks list, which may add some sentiment support, though it is less directly tied to fundamentals than the earnings release. Article Title

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Morgan Stanley raised their target price on Knight-Swift Transportation from $70.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Citizens Jmp initiated coverage on Knight-Swift Transportation in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $90.00 price target on the stock. Evercore raised Knight-Swift Transportation from an “in-line” rating to an “outperform” rating and set a $65.00 price target for the company in a report on Friday, March 27th. The Goldman Sachs Group raised their price objective on Knight-Swift Transportation from $65.00 to $86.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Stifel Nicolaus lifted their price objective on Knight-Swift Transportation from $70.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $80.44.

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.