Sei Investments Co. Raises Stock Position in Knight-Swift Transportation Holdings Inc. $KNX

Sei Investments Co. grew its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 24.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 842,644 shares of the transportation company’s stock after buying an additional 166,919 shares during the period. Sei Investments Co.’s holdings in Knight-Swift Transportation were worth $48,519,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of KNX. Wellington Management Group LLP raised its stake in Knight-Swift Transportation by 23.6% during the 4th quarter. Wellington Management Group LLP now owns 12,918,523 shares of the transportation company’s stock worth $675,380,000 after acquiring an additional 2,468,293 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Knight-Swift Transportation by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company’s stock valued at $486,995,000 after acquiring an additional 60,750 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Knight-Swift Transportation by 7.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,676,422 shares of the transportation company’s stock worth $244,250,000 after purchasing an additional 315,192 shares during the last quarter. Ensign Peak Advisors Inc grew its holdings in shares of Knight-Swift Transportation by 50.4% during the fourth quarter. Ensign Peak Advisors Inc now owns 2,939,212 shares of the transportation company’s stock worth $153,662,000 after purchasing an additional 984,422 shares during the last quarter. Finally, UBS Group AG increased its position in shares of Knight-Swift Transportation by 44.3% during the fourth quarter. UBS Group AG now owns 2,430,896 shares of the transportation company’s stock worth $127,087,000 after purchasing an additional 745,787 shares in the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

Knight-Swift Transportation Trading Up 0.1%

NYSE:KNX opened at $72.40 on Friday. The stock has a fifty day moving average price of $75.60 and a two-hundred day moving average price of $64.97. The stock has a market capitalization of $11.76 billion, a price-to-earnings ratio of 278.48, a PEG ratio of 0.78 and a beta of 1.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.70 and a current ratio of 0.88. Knight-Swift Transportation Holdings Inc. has a 1 year low of $38.63 and a 1 year high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last issued 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 net margin of 0.56% and a return on equity of 3.51%. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same period in the previous year, the firm earned $0.21 EPS. The business’s revenue was up 12.6% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, sell-side analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.42 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on KNX shares. Benchmark boosted their target price on Knight-Swift Transportation from $75.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, July 9th. TD Cowen lifted their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday. Raymond James Financial boosted their price objective on Knight-Swift Transportation from $76.00 to $91.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 2nd. Bank of America increased their price objective on Knight-Swift Transportation from $90.00 to $98.00 and gave the company a “buy” rating in a report on Thursday. Finally, UBS Group lifted their target price on shares of Knight-Swift Transportation from $79.00 to $94.00 and gave the company a “buy” rating in a report on Monday, June 1st. Three 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. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $84.44.

Key Headlines Impacting Knight-Swift Transportation

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

• Positive Sentiment: KNX beat Q2 estimates, reporting $0.63 EPS versus $0.49-$0.51 expected, with revenue of $2.10 billion topping forecasts of about $2.05 billion. Article: Knight-Swift Transportation Holdings (KNX) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Margins improved as truckload pricing, network efficiency and intermodal growth helped drive profitability, with truckload EBIT and EPS showing sharp year-over-year gains. Article: Knight-Swift Q2 Earnings Beat Estimates on Truckload Margin Gains
• Positive Sentiment: Several firms raised price targets after the report, including Bank of America, Stifel, Susquehanna, TD Cowen and JPMorgan, signaling improved sentiment toward KNX. Article: Analyst price target updates
• Positive Sentiment: KNX was also added to Zacks’ Rank #1 “Strong Buy” growth list, which may support investor confidence in the stock. Article: Best Growth Stocks to Buy for July 24th
• Neutral Sentiment: Market commentary notes the stock is falling today after the earnings release, likely reflecting a “buy the rumor, sell the news” reaction or investor concern about whether the strong quarter can be sustained. Article: Why Knight-Swift Transportation (KNX) stock is falling today

About Knight-Swift Transportation

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.