Knight-Swift Transportation Holdings Inc. $KNX Stake Increased by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. lifted its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 5.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 701,856 shares of the transportation company’s stock after acquiring an additional 38,474 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Knight-Swift Transportation were worth $27,730,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its stake in Knight-Swift Transportation by 8.1% in 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 acquiring an additional 268,761 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Knight-Swift Transportation by 36.5% in the 2nd quarter. AQR Capital Management LLC now owns 2,248,258 shares of the transportation company’s stock valued at $99,440,000 after purchasing an additional 601,108 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Knight-Swift Transportation by 72.1% in the second quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock worth $95,558,000 after purchasing an additional 904,903 shares in the last quarter. Ensign Peak Advisors Inc grew its position in Knight-Swift Transportation by 17.5% during the second quarter. Ensign Peak Advisors Inc now owns 2,046,820 shares of the transportation company’s stock valued at $90,531,000 after purchasing an additional 305,093 shares in the last quarter. Finally, Frontier Capital Management Co. LLC grew its position in Knight-Swift Transportation by 3.5% during the second quarter. Frontier Capital Management Co. LLC now owns 1,725,661 shares of the transportation company’s stock valued at $76,326,000 after purchasing an additional 57,596 shares in the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Knight-Swift Transportation Stock Down 0.5%

Shares of KNX stock opened at $53.30 on Friday. The stock’s 50 day simple moving average is $47.55 and its 200 day simple moving average is $44.87. Knight-Swift Transportation Holdings Inc. has a twelve month low of $36.69 and a twelve month high of $61.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market capitalization of $8.65 billion, a price-to-earnings ratio of 60.56, a PEG ratio of 1.06 and a beta of 1.17.

Knight-Swift Transportation (NYSE:KNX) last announced 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). Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the company earned $0.34 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, research analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, December 5th. Knight-Swift Transportation’s dividend payout ratio (DPR) is 81.82%.

Insider Buying and Selling at Knight-Swift Transportation

In other news, SVP Reed Stultz sold 4,692 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $51.51, for a total value of $241,684.92. Following the sale, the senior vice president directly owned 465 shares of the company’s stock, valued at approximately $23,952.15. This trade represents a 90.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Kevin P. Knight sold 35,000 shares of Knight-Swift Transportation stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $51.01, for a total value of $1,785,350.00. Following the completion of the transaction, the chairman owned 1,405,347 shares in the company, valued at $71,686,750.47. The trade was a 2.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 43,992 shares of company stock worth $2,220,707 over the last ninety days. Company insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

KNX has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft raised shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and lifted their target price for the company from $43.00 to $53.00 in a research note on Thursday, October 2nd. Evercore ISI lowered their target price on Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating on the stock in a research note on Tuesday, September 30th. Wells Fargo & Company raised their price target on Knight-Swift Transportation from $48.00 to $58.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Stifel Nicolaus boosted their price target on Knight-Swift Transportation from $52.00 to $59.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Finally, Susquehanna cut their price objective on shares of Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating on the stock in a research report on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $55.24.

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.