Kaufman Rossin Wealth LLC Invests $255,000 in Knight-Swift Transportation Holdings Inc. $KNX

Kaufman Rossin Wealth LLC bought a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 5,855 shares of the transportation company’s stock, valued at approximately $255,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC grew its stake in shares of Knight-Swift Transportation by 9,383.3% in the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock worth $25,000 after acquiring an additional 563 shares in the last quarter. Brooklyn Investment Group boosted its holdings in Knight-Swift Transportation by 93.4% in the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 310 shares during the period. UMB Bank n.a. grew its stake in Knight-Swift Transportation by 40.0% during the 1st quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company’s stock worth $49,000 after purchasing an additional 324 shares in the last quarter. Quarry LP increased its holdings in Knight-Swift Transportation by 41.6% during the 4th quarter. Quarry LP now owns 1,701 shares of the transportation company’s stock worth $90,000 after purchasing an additional 500 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Knight-Swift Transportation during the 1st quarter worth about $111,000. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Robert W. Baird upped their target price on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Wells Fargo & Company boosted their price target on shares of Knight-Swift Transportation from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, May 28th. Barclays reduced their price objective on shares of Knight-Swift Transportation from $58.00 to $55.00 and set an “overweight” rating on the stock in a report on Thursday, July 10th. Baird R W raised shares of Knight-Swift Transportation to a “strong-buy” rating in a research report on Tuesday, July 1st. Finally, The Goldman Sachs Group upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $45.00 to $65.00 in a research note on Monday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $53.88.

Knight-Swift Transportation Stock Down 3.1%

Knight-Swift Transportation stock opened at $42.11 on Thursday. The company has a market capitalization of $6.83 billion, a P/E ratio of 41.28, a PEG ratio of 0.65 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $61.51. The stock has a 50-day simple moving average of $44.19 and a 200-day simple moving average of $44.96. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.89 and a current ratio of 0.89.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.87 billion. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.The company’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 earnings per share. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. Equities research analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 22nd. Stockholders of record on Friday, September 5th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, September 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.7%. Knight-Swift Transportation’s dividend payout ratio is 70.59%.

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.