Fiera Capital Corp Lowers Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Fiera Capital Corp reduced its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 2.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 365,614 shares of the transportation company’s stock after selling 8,905 shares during the period. Fiera Capital Corp owned approximately 0.23% of Knight-Swift Transportation worth $14,445,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. ProShare Advisors LLC boosted its stake in Knight-Swift Transportation by 3.8% during the second quarter. ProShare Advisors LLC now owns 7,529 shares of the transportation company’s stock valued at $333,000 after buying an additional 276 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of Knight-Swift Transportation by 2.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,081 shares of the transportation company’s stock valued at $519,000 after acquiring an additional 343 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Knight-Swift Transportation by 4.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 8,130 shares of the transportation company’s stock valued at $321,000 after acquiring an additional 351 shares in the last quarter. CWM LLC boosted its position in shares of Knight-Swift Transportation by 0.9% during the 3rd quarter. CWM LLC now owns 42,000 shares of the transportation company’s stock valued at $1,659,000 after acquiring an additional 391 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Knight-Swift Transportation by 14.8% during the second quarter. Allworth Financial LP now owns 3,493 shares of the transportation company’s stock worth $154,000 after purchasing an additional 449 shares in the last quarter. Institutional investors own 88.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Weiss Ratings raised shares of Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 29th. Citigroup reissued a “neutral” rating and issued a $64.00 price target on shares of Knight-Swift Transportation in a report on Friday, February 6th. Evercore raised their price objective on shares of Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a research report on Tuesday, January 13th. Susquehanna upped their target price on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. Finally, Zacks Research raised Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $60.00.

Knight-Swift Transportation Stock Up 4.3%

KNX opened at $61.73 on Friday. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $62.63. The company has a current ratio of 0.86, a quick ratio of 1.33 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average price is $56.37 and its 200-day moving average price is $48.32. The company has a market cap of $10.02 billion, a P/E ratio of 150.57, a P/E/G ratio of 0.88 and a beta of 1.15.

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

Knight-Swift Transportation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. Knight-Swift Transportation’s payout ratio is presently 175.61%.

Insider Activity

In other Knight-Swift Transportation news, Chairman Kevin P. Knight sold 35,000 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the completion of the sale, the chairman owned 1,405,347 shares of the company’s stock, valued at $71,686,750.47. This represents a 2.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO James L. Fitzsimmons sold 5,917 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the completion of the sale, the chief operating officer directly owned 8,716 shares in the company, valued at approximately $477,375.32. This trade represents a 40.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 46,852 shares of company stock valued at $2,426,770. 3.00% of the stock is owned by corporate insiders.

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.