126,030 Shares in Knight-Swift Transportation Holdings Inc. $KNX Purchased by Castleark Management LLC

Castleark Management LLC purchased a new stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in the 1st quarter, Holdings Channel reports. The fund purchased 126,030 shares of the transportation company’s stock, valued at approximately $7,257,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strs Ohio boosted its holdings in shares of Knight-Swift Transportation by 24.7% in the 4th quarter. Strs Ohio now owns 448,471 shares of the transportation company’s stock worth $23,446,000 after acquiring an additional 88,707 shares in the last quarter. UBS Group AG grew its position in Knight-Swift Transportation by 44.3% during the 4th quarter. UBS Group AG now owns 2,430,896 shares of the transportation company’s stock worth $127,087,000 after acquiring an additional 745,787 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Knight-Swift Transportation by 7.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,676,422 shares of the transportation company’s stock valued at $244,250,000 after purchasing an additional 315,192 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Knight-Swift Transportation during the 4th quarter valued at $6,551,000. Finally, Comerica Bank raised its position in Knight-Swift Transportation by 68.7% in the 4th quarter. Comerica Bank now owns 130,638 shares of the transportation company’s stock valued at $6,830,000 after purchasing an additional 53,183 shares during the last quarter. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Knight-Swift Transportation Stock Down 0.1%

NYSE:KNX opened at $72.40 on Monday. The company has a market cap of $11.76 billion, a price-to-earnings ratio of 278.48, a P/E/G ratio of 0.62 and a beta of 1.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.70 and a current ratio of 0.88. The stock’s fifty day moving average price is $75.60 and its two-hundred day moving average price is $65.05. Knight-Swift Transportation Holdings Inc. has a 52-week low of $38.63 and a 52-week high of $82.86.

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

Knight-Swift Transportation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were issued a $0.20 dividend. The ex-dividend date was Monday, June 8th. This represents a $0.80 annualized dividend and a yield of 1.1%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 307.69%.

Analyst Upgrades and Downgrades

KNX has been the topic of a number of recent analyst reports. Stephens raised Knight-Swift Transportation to a “strong-buy” rating in a research note on Wednesday, July 8th. Robert W. Baird raised their target price on Knight-Swift Transportation from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Morgan Stanley lifted their price target on Knight-Swift Transportation from $70.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, July 6th. The Goldman Sachs Group upped their price target on shares of Knight-Swift Transportation from $65.00 to $86.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Raymond James Financial increased their price objective on shares of Knight-Swift Transportation from $76.00 to $91.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 2nd. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $84.44.

Knight-Swift Transportation News Roundup

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: KNX beat Q2 estimates, reporting $0.63 EPS versus $0.49-$0.51 expected, with revenue of $2.10 billion topping forecasts of about $2.05 billion. Article: Knight-Swift Transportation Holdings (KNX) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Margins improved as truckload pricing, network efficiency and intermodal growth helped drive profitability, with truckload EBIT and EPS showing sharp year-over-year gains. Article: Knight-Swift Q2 Earnings Beat Estimates on Truckload Margin Gains
• Positive Sentiment: Several firms raised price targets after the report, including Bank of America, Stifel, Susquehanna, TD Cowen and JPMorgan, signaling improved sentiment toward KNX. Article: Analyst price target updates
• Positive Sentiment: KNX was also added to Zacks’ Rank #1 “Strong Buy” growth list, which may support investor confidence in the stock. Article: Best Growth Stocks to Buy for July 24th
• Neutral Sentiment: Market commentary notes the stock is falling today after the earnings release, likely reflecting a “buy the rumor, sell the news” reaction or investor concern about whether the strong quarter can be sustained. Article: Why Knight-Swift Transportation (KNX) stock is falling today

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.