Hudson Bay Capital Management LP Has $19.05 Million Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Hudson Bay Capital Management LP increased its holdings in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 161.0% during the second quarter, Holdings Channel reports. The fund owned 430,605 shares of the transportation company’s stock after purchasing an additional 265,605 shares during the period. Hudson Bay Capital Management LP’s holdings in Knight-Swift Transportation were worth $19,046,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Knight-Swift Transportation by 9.1% in the first quarter. Dimensional Fund Advisors LP now owns 7,629,706 shares of the transportation company’s stock worth $331,813,000 after purchasing an additional 638,352 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Knight-Swift Transportation by 8.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,595,397 shares of the transportation company’s stock worth $165,712,000 after buying an additional 268,761 shares in the last quarter. AQR Capital Management LLC grew its holdings in Knight-Swift Transportation by 36.5% during the 2nd quarter. AQR Capital Management LLC now owns 2,248,258 shares of the transportation company’s stock worth $99,440,000 after acquiring an additional 601,108 shares during the last quarter. Bank of New York Mellon Corp increased its position in Knight-Swift Transportation by 72.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock valued at $95,558,000 after acquiring an additional 904,903 shares in the last quarter. Finally, Ensign Peak Advisors Inc raised its stake in shares of Knight-Swift Transportation by 17.5% in the second quarter. Ensign Peak Advisors Inc now owns 2,046,820 shares of the transportation company’s stock worth $90,531,000 after acquiring an additional 305,093 shares during the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Zacks Research raised shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Wells Fargo & Company lifted their target price on Knight-Swift Transportation from $48.00 to $58.00 and gave the company an “overweight” rating in a research note on Thursday. Citigroup upped their price target on Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft upgraded Knight-Swift Transportation from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $43.00 to $53.00 in a research report on Thursday, October 2nd. Finally, Stifel Nicolaus upped their target price on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $54.82.

Knight-Swift Transportation Stock Up 1.3%

Shares of Knight-Swift Transportation stock opened at $53.15 on Friday. The business has a fifty day simple moving average of $45.79 and a 200 day simple moving average of $44.26. The stock has a market cap of $8.63 billion, a PE ratio of 60.40, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.31. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last issued its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.Knight-Swift Transportation’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Research 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 announced a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, December 5th. Knight-Swift Transportation’s dividend payout ratio is presently 81.82%.

Insiders Place Their Bets

In related news, SVP Reed Stultz sold 4,692 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $51.51, for a total transaction of $241,684.92. Following the sale, the senior vice president owned 465 shares of the company’s stock, valued at approximately $23,952.15. This trade represents a 90.98% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Cary M. Flanagan sold 4,300 shares of Knight-Swift Transportation stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $45.04, for a total value of $193,672.00. Following the transaction, the chief accounting officer owned 5,644 shares in the company, valued at approximately $254,205.76. This represents a 43.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 43,992 shares of company stock worth $2,220,707. Company insiders own 3.00% of the company’s stock.

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.