Knight-Swift Transportation Holdings Inc. $KNX is Seven Six Capital Management LLC’s 6th Largest Position

Seven Six Capital Management LLC lowered its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 11.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,500 shares of the transportation company’s stock after selling 12,000 shares during the period. Knight-Swift Transportation comprises approximately 5.6% of Seven Six Capital Management LLC’s holdings, making the stock its 6th largest position. Seven Six Capital Management LLC owned about 0.06% of Knight-Swift Transportation worth $5,326,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its holdings in shares of Knight-Swift Transportation by 23.6% in the 4th quarter. Wellington Management Group LLP now owns 12,918,523 shares of the transportation company’s stock valued at $675,380,000 after purchasing an additional 2,468,293 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Knight-Swift Transportation by 513.6% during the fourth quarter. Invesco Ltd. now owns 2,416,865 shares of the transportation company’s stock worth $126,354,000 after buying an additional 2,022,996 shares in the last quarter. Norges Bank acquired a new position in Knight-Swift Transportation in the 4th quarter valued at $92,070,000. Balyasny Asset Management L.P. lifted its position in Knight-Swift Transportation by 269.7% during the third quarter. Balyasny Asset Management L.P. now owns 2,231,439 shares of the transportation company’s stock worth $88,164,000 after buying an additional 1,627,791 shares during the period. Finally, Pzena Investment Management LLC acquired a new stake in shares of Knight-Swift Transportation in the fourth quarter worth approximately $66,151,000. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Wall Street Analysts Forecast Growth

KNX has been the subject of several recent research reports. Susquehanna increased their price objective on shares of Knight-Swift Transportation from $90.00 to $96.00 and gave the stock a “positive” rating in a research report on Thursday, July 23rd. Raymond James Financial raised their price target on shares of Knight-Swift Transportation from $76.00 to $91.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 2nd. Wells Fargo & Company boosted their price objective on Knight-Swift Transportation from $65.00 to $86.00 and gave the company an “overweight” rating in a report on Friday, June 5th. Benchmark increased their target price on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, TD Cowen raised their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $84.44.

Knight-Swift Transportation Price Performance

Shares of NYSE:KNX opened at $71.17 on Thursday. The firm’s 50 day moving average is $75.66 and its two-hundred day moving average is $65.36. Knight-Swift Transportation Holdings Inc. has a 52 week low of $38.63 and a 52 week high of $82.86. The firm has a market capitalization of $11.56 billion, a P/E ratio of 273.74, a PEG ratio of 0.60 and a beta of 1.18. The company has a current ratio of 0.88, a quick ratio of 0.70 and a debt-to-equity ratio of 0.32.

Knight-Swift Transportation (NYSE:KNX) last announced its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.51 by $0.12. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the previous year, the company earned $0.21 earnings per share. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.42 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were given a dividend of $0.20 per share. The ex-dividend date was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 307.69%.

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.