Inceptionr LLC Acquires New Position in Knight-Swift Transportation Holdings Inc. $KNX

Inceptionr LLC acquired a new stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in the 1st quarter, HoldingsChannel reports. The firm acquired 8,255 shares of the transportation company’s stock, valued at approximately $475,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted 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. raised its holdings in shares of Knight-Swift Transportation by 513.6% during the 4th 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 shares of Knight-Swift Transportation during the 4th quarter worth $92,070,000. Balyasny Asset Management L.P. lifted its position in shares of Knight-Swift Transportation by 269.7% during the 3rd 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 last quarter. Finally, Pzena Investment Management LLC bought a new stake in shares of Knight-Swift Transportation during the 4th quarter worth $66,151,000. 88.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

KNX has been the topic of a number of recent analyst reports. Bank of America lifted their target price on Knight-Swift Transportation from $90.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday. Robert W. Baird increased their target price on shares of Knight-Swift Transportation from $62.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Susquehanna raised their price target on shares of Knight-Swift Transportation from $90.00 to $96.00 and gave the company a “positive” rating in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Knight-Swift Transportation in a report on Monday, July 13th. Finally, Morgan Stanley lifted their price target on shares of Knight-Swift Transportation from $70.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Knight-Swift Transportation presently has an average rating of “Buy” and an average price target of $84.44.

More Knight-Swift Transportation News

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 Price Performance

KNX stock opened at $72.40 on Monday. The company has a fifty day moving average price of $75.60 and a 200-day moving average price of $65.05. The company has a market capitalization of $11.76 billion, a P/E ratio of 278.48, a PEG ratio of 0.62 and a beta of 1.18. Knight-Swift Transportation Holdings Inc. has a 52-week low of $38.63 and a 52-week high of $82.86. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.70 and a current ratio of 0.88.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same quarter in the previous year, the business earned $0.21 earnings per share. Knight-Swift Transportation’s 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. As a group, equities analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.42 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.80 annualized dividend and a yield of 1.1%. Knight-Swift Transportation’s payout ratio 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.