Hantz Financial Services Inc. reduced its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Free Report) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,831 shares of the transportation company’s stock after selling 1,322 shares during the quarter. Hantz Financial Services Inc.’s holdings in Knight-Swift Transportation were worth $1,806,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Knight-Swift Transportation by 3.6% in the first quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company’s stock worth $649,560,000 after acquiring an additional 515,212 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Knight-Swift Transportation by 4.6% during the first quarter. Victory Capital Management Inc. now owns 8,344,372 shares of the transportation company’s stock worth $362,897,000 after buying an additional 364,263 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Knight-Swift Transportation by 9.1% during the first quarter. Dimensional Fund Advisors LP now owns 7,629,706 shares of the transportation company’s stock worth $331,813,000 after buying an additional 638,352 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Knight-Swift Transportation by 8.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,595,397 shares of the transportation company’s stock worth $165,712,000 after buying an additional 268,761 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Knight-Swift Transportation by 8,856.8% during the first quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company’s stock worth $70,704,000 after buying an additional 1,628,760 shares in the last quarter. 88.77% of the stock is currently owned by institutional investors.
Insider Activity
In other news, EVP Michael K. Liu sold 3,420 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total value of $148,462.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.00% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Knight-Swift Transportation
Knight-Swift Transportation Stock Up 3.8%
KNX stock opened at $45.19 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 0.31. The business has a 50 day moving average price of $43.04 and a two-hundred day moving average price of $43.29. The company has a market cap of $7.33 billion, a price-to-earnings ratio of 51.35, a P/E/G ratio of 0.89 and a beta of 1.14. Knight-Swift Transportation Holdings Inc. has a twelve month low of $36.69 and a twelve month high of $61.51.
Knight-Swift Transportation (NYSE:KNX – Get Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.
Knight-Swift Transportation Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 22nd. Stockholders of record on Friday, September 5th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, September 5th. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 81.82%.
Knight-Swift Transportation Company Profile
Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.
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