WINTON GROUP Ltd Lowers Stock Holdings in Knight-Swift Transportation Holdings Inc. $KNX

WINTON GROUP Ltd cut its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 86.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 16,794 shares of the transportation company’s stock after selling 109,206 shares during the period. WINTON GROUP Ltd’s holdings in Knight-Swift Transportation were worth $1,308,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Pzena Investment Management LLC acquired a new position in shares of Knight-Swift Transportation during the 4th quarter valued at about $66,151,000. California Public Employees Retirement System lifted its holdings in shares of Knight-Swift Transportation by 3.1% during the 1st quarter. California Public Employees Retirement System now owns 291,883 shares of the transportation company’s stock worth $16,807,000 after acquiring an additional 8,653 shares during the period. First Trust Advisors LP boosted its position in shares of Knight-Swift Transportation by 36.1% in the first quarter. First Trust Advisors LP now owns 523,801 shares of the transportation company’s stock worth $30,160,000 after acquiring an additional 138,949 shares during the last quarter. William Blair Investment Management LLC boosted its position in shares of Knight-Swift Transportation by 6.7% in the fourth quarter. William Blair Investment Management LLC now owns 544,239 shares of the transportation company’s stock worth $28,453,000 after acquiring an additional 34,320 shares during the last quarter. Finally, Brandes Investment Partners LP grew its holdings in Knight-Swift Transportation by 12.3% in the fourth quarter. Brandes Investment Partners LP now owns 1,414,368 shares of the transportation company’s stock valued at $73,943,000 after purchasing an additional 154,525 shares during the period. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on KNX. The Goldman Sachs Group upped their price target on shares of Knight-Swift Transportation from $65.00 to $86.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Barclays boosted their price objective on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Sanford C. Bernstein began coverage on Knight-Swift Transportation in a report on Thursday. They set an “outperform” rating and a $91.00 price objective for the company. Stephens raised Knight-Swift Transportation to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Raymond James Financial lifted their target price on Knight-Swift Transportation from $76.00 to $91.00 and gave the company a “strong-buy” rating in a report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $84.26.

Insider Activity

In related news, CAO Cary M. Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the sale, the chief accounting officer owned 5,405 shares of the company’s stock, valued at $382,782.10. The trade was a 39.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David Vander Ploeg sold 2,200 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total transaction of $115,126.00. Following the completion of the transaction, the director owned 30,252 shares in the company, valued at $1,583,087.16. This represents a 6.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 224,954 shares of company stock worth $16,183,454. 2.90% of the stock is currently owned by company insiders.

Knight-Swift Transportation Price Performance

KNX stock opened at $67.75 on Friday. The firm has a market cap of $11.03 billion, a P/E ratio of 260.59, a price-to-earnings-growth ratio of 0.56 and a beta of 1.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 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. The stock has a 50-day simple moving average of $71.45 and a 200-day simple moving average of $67.92.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly 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. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.Knight-Swift Transportation’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. On average, equities analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.49 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, September 4th. Knight-Swift Transportation’s payout ratio is presently 307.69%.

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, intermodal services and logistics solutions for commercial and industrial customers.

The company operates a large fleet of tractors and trailers and offers dedicated and irregular-route truckload services, freight brokerage and supply-chain support. Its less-than-truckload business transports smaller shipments through regional and national networks, while its intermodal operations combine rail and highway transportation.