Knight-Swift Transportation Holdings Inc. $KNX Shares Acquired by Versor Investments LP

Versor Investments LP increased its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 38.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,016 shares of the transportation company’s stock after buying an additional 6,724 shares during the period. Versor Investments LP’s holdings in Knight-Swift Transportation were worth $1,062,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of KNX. Teacher Retirement System of Texas acquired a new position in shares of Knight-Swift Transportation in the first quarter valued at approximately $1,989,000. OMNI 360 Wealth Inc. acquired a new position in Knight-Swift Transportation during the first quarter worth approximately $200,000. Linden Thomas Advisory Services LLC increased its position in Knight-Swift Transportation by 7.8% during the first quarter. Linden Thomas Advisory Services LLC now owns 23,176 shares of the transportation company’s stock worth $1,008,000 after purchasing an additional 1,671 shares during the last quarter. Allworth Financial LP increased its position in Knight-Swift Transportation by 38.6% during the first quarter. Allworth Financial LP now owns 3,044 shares of the transportation company’s stock worth $123,000 after purchasing an additional 847 shares during the last quarter. Finally, Cerity Partners LLC increased its position in Knight-Swift Transportation by 611.7% during the first quarter. Cerity Partners LLC now owns 34,074 shares of the transportation company’s stock worth $1,482,000 after purchasing an additional 29,286 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on KNX shares. Zacks Research lowered shares of Knight-Swift Transportation from a “hold” rating to a “strong sell” rating in a research report on Friday, October 3rd. Evercore ISI dropped their price target on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a research report on Tuesday, September 30th. UBS Group lowered shares of Knight-Swift Transportation from a “buy” rating to a “neutral” rating and upped their price target for the stock from $46.00 to $51.00 in a research report on Friday, September 5th. TD Cowen upped their price target on shares of Knight-Swift Transportation from $44.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Raymond James Financial boosted their price objective on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.29.

Knight-Swift Transportation Price Performance

Knight-Swift Transportation stock opened at $45.19 on Monday. Knight-Swift Transportation Holdings Inc. has a 52-week low of $36.69 and a 52-week high of $61.51. The firm has a fifty day moving average of $43.04 and a 200-day moving average of $43.35. The firm has a market capitalization of $7.33 billion, a P/E ratio of 51.35, a PEG ratio of 0.89 and a beta of 1.14. The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 0.31.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.06). Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period last year, the firm earned $0.34 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Investors of record on Friday, September 5th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.72 annualized dividend and a yield of 1.6%. Knight-Swift Transportation’s payout ratio is 81.82%.

Insider Transactions at Knight-Swift Transportation

In related news, EVP Michael K. Liu sold 3,420 shares of Knight-Swift Transportation stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.00% of the stock is owned by company insiders.

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.