Seven Six Capital Management LLC Has $4.42 Million Position in Knight-Swift Transportation Holdings Inc. $KNX

Seven Six Capital Management LLC boosted its holdings in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 12.3% during the 3rd quarter, Holdings Channel reports. The firm owned 111,950 shares of the transportation company’s stock after buying an additional 12,300 shares during the period. Knight-Swift Transportation comprises about 4.4% of Seven Six Capital Management LLC’s portfolio, making the stock its 9th biggest holding. Seven Six Capital Management LLC’s holdings in Knight-Swift Transportation were worth $4,423,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KNX. SJS Investment Consulting Inc. grew its holdings in Knight-Swift Transportation by 7,100.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after buying an additional 923 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Knight-Swift Transportation by 111.3% during the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after acquiring an additional 493 shares during the last quarter. MMA Asset Management LLC purchased a new position in Knight-Swift Transportation during the third quarter valued at $41,000. Employees Retirement System of Texas bought a new stake in Knight-Swift Transportation in the 2nd quarter valued at $58,000. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in Knight-Swift Transportation by 68.7% in the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 2,087 shares of the transportation company’s stock worth $82,000 after purchasing an additional 850 shares in the last quarter. 88.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KNX has been the subject of several research reports. Evercore increased 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 report on Tuesday, January 13th. TD Cowen lifted their price objective on Knight-Swift Transportation from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Weiss Ratings downgraded Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Wells Fargo & Company set a $64.00 target price on shares of Knight-Swift Transportation in a report on Friday. Finally, JPMorgan Chase & Co. upped their price target on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $60.78.

Knight-Swift Transportation Trading Up 1.9%

KNX traded up $1.01 during trading on Friday, reaching $53.02. The company had a trading volume of 157,719 shares, compared to its average volume of 3,261,481. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The business has a 50 day simple moving average of $58.14 and a 200-day simple moving average of $49.95. The stock has a market cap of $8.61 billion, a P/E ratio of 128.22, a PEG ratio of 0.82 and a beta of 1.12. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $64.10.

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

Knight-Swift Transportation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, March 6th. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 195.12%.

Insider Buying and Selling at Knight-Swift Transportation

In other news, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Joshua Smith sold 5,770 shares of Knight-Swift Transportation stock in a transaction that occurred on Thursday, February 26th. The shares were 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 approximately $561,224.74. The trade was a 38.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 42,930 shares of company stock worth $2,581,186. 3.00% of the stock is owned by company insiders.

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.