Brokerages Set Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Price Target at $84.44

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has received an average recommendation of “Moderate Buy” from the twenty research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $84.4444.

A number of brokerages have recently issued reports on KNX. UBS Group boosted their price objective on Knight-Swift Transportation from $79.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Knight-Swift Transportation in a report on Monday, July 13th. TD Cowen boosted their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Zacks Research cut Knight-Swift Transportation from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Finally, Citigroup reiterated a “market outperform” rating on shares of Knight-Swift Transportation in a research note on Wednesday, August 26th.

Insider Buying and Selling at Knight-Swift Transportation

In related news, CAO Cary M. Flanagan sold 3,600 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the sale, the chief accounting officer directly owned 5,405 shares in the company, valued at approximately $382,782.10. This represents a 39.98% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ploeg David Vander sold 2,200 shares of Knight-Swift Transportation stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total value of $115,126.00. Following the completion of the transaction, the director owned 30,252 shares of the company’s stock, valued at approximately $1,583,087.16. This trade represents a 6.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 224,954 shares of company stock worth $16,183,454 over the last ninety days. 2.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Knight-Swift Transportation

Several institutional investors and hedge funds have recently modified their holdings of KNX. Integrated Wealth Concepts LLC raised its holdings in Knight-Swift Transportation by 23.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock worth $259,000 after acquiring an additional 1,124 shares during the last quarter. Focus Partners Wealth purchased a new stake in Knight-Swift Transportation in the 1st quarter worth $451,000. Cetera Investment Advisers boosted its stake in Knight-Swift Transportation by 6.9% in the 2nd quarter. Cetera Investment Advisers now owns 13,724 shares of the transportation company’s stock worth $607,000 after purchasing an additional 882 shares during the period. Invesco Ltd. boosted its holdings in shares of Knight-Swift Transportation by 57.7% during the 2nd quarter. Invesco Ltd. now owns 1,087,719 shares of the transportation company’s stock valued at $48,110,000 after purchasing an additional 398,116 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Knight-Swift Transportation by 54.3% in the second quarter. First Trust Advisors LP now owns 491,702 shares of the transportation company’s stock worth $21,748,000 after buying an additional 172,956 shares in the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

Knight-Swift Transportation Price Performance

Shares of KNX opened at $68.45 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.88. Knight-Swift Transportation has a 52-week low of $38.63 and a 52-week high of $82.86. The stock has a 50 day simple moving average of $72.73 and a 200 day simple moving average of $67.38. The firm has a market capitalization of $11.14 billion, a PE ratio of 263.28, a P/E/G ratio of 0.56 and a beta of 1.18.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, beating 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 company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the prior year, the firm posted $0.21 EPS. The firm’s revenue for the quarter 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. Sell-side analysts predict that Knight-Swift Transportation will post 2.49 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 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.