Knight-Swift Transportation (NYSE:KNX) CFO Joshua Smith Sells 5,770 Shares of Stock

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) CFO Joshua Smith sold 5,770 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $60.91, for a total transaction of $351,450.70. Following the transaction, the chief financial officer directly owned 9,214 shares in the company, valued at $561,224.74. The trade was a 38.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Knight-Swift Transportation Price Performance

Shares of NYSE:KNX opened at $62.83 on Friday. Knight-Swift Transportation Holdings Inc. has a one year low of $36.69 and a one year high of $62.98. The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 153.25, a PEG ratio of 0.91 and a beta of 1.15. The company has a 50-day simple moving average of $57.14 and a 200-day simple moving average of $48.98. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date is Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 175.61%.

Wall Street Analyst Weigh In

KNX has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Morgan Stanley raised their target price on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, December 8th. Wells Fargo & Company boosted their price target on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Stifel Nicolaus cut their price target on shares of Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Finally, Stephens lowered their price objective on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $60.00.

Hedge Funds Weigh In On Knight-Swift Transportation

Several hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC grew its holdings in Knight-Swift Transportation by 23.3% in the first quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock valued at $259,000 after purchasing an additional 1,124 shares during the last quarter. Focus Partners Wealth acquired a new stake in Knight-Swift Transportation in the 1st quarter valued at about $451,000. Focus Partners Advisor Solutions LLC increased its holdings in Knight-Swift Transportation by 4.5% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 11,201 shares of the transportation company’s stock valued at $495,000 after acquiring an additional 481 shares in the last quarter. Brighton Jones LLC acquired a new position in Knight-Swift Transportation during the second quarter worth about $311,000. Finally, Teacher Retirement System of Texas lifted its holdings in shares of Knight-Swift Transportation by 11.4% in the second quarter. Teacher Retirement System of Texas now owns 50,957 shares of the transportation company’s stock valued at $2,254,000 after purchasing an additional 5,228 shares in the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

Knight-Swift Transportation Company Profile

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.