Knight-Swift Transportation (NYSE:KNX) Hits New 52-Week High – Still a Buy?

Knight-Swift Transportation Holdings Inc. (NYSE:KNX)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $62.63 and last traded at $60.69, with a volume of 817399 shares changing hands. The stock had previously closed at $59.20.

Analysts Set New Price Targets

Several brokerages have weighed in on KNX. Barclays increased their price target on shares of Knight-Swift Transportation from $50.00 to $65.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Weiss Ratings upgraded Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, December 29th. Susquehanna lifted their price objective on Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. Citigroup reissued a “neutral” rating and set a $64.00 target price on shares of Knight-Swift Transportation in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. raised their price target on Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Knight-Swift Transportation Stock Up 2.5%

The stock has a market capitalization of $9.85 billion, a PE ratio of 147.66, a price-to-earnings-growth ratio of 0.88 and a beta of 1.15. The company’s fifty day moving average price is $56.20 and its 200-day moving average price is $48.19. The company has a quick ratio of 1.33, a current ratio of 0.86 and a debt-to-equity ratio of 0.30.

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

Knight-Swift Transportation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be given a $0.20 dividend. The ex-dividend date is Friday, March 6th. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a yield of 1.3%. Knight-Swift Transportation’s payout ratio is 195.12%.

Insider Activity

In other news, SVP Reed Stultz sold 4,692 shares of Knight-Swift Transportation stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total transaction of $241,684.92. Following the sale, the senior vice president owned 465 shares in the company, valued at $23,952.15. This trade represents a 90.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO James L. Fitzsimmons sold 5,917 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the transaction, the chief operating officer owned 8,716 shares of the company’s stock, valued at approximately $477,375.32. This represents a 40.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 46,852 shares of company stock worth $2,426,770 in the last quarter. 3.00% of the stock is currently owned by insiders.

Institutional Trading of Knight-Swift Transportation

Several hedge funds have recently bought and sold shares of the stock. Clearstead Advisors LLC increased its holdings in shares of Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after purchasing an additional 385 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Knight-Swift Transportation during the 4th quarter worth approximately $39,000. Fifth Third Bancorp grew its holdings in shares of Knight-Swift Transportation by 44.4% in the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after purchasing an additional 267 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 828 shares in the last quarter. Finally, SJS Investment Consulting Inc. raised its stake in Knight-Swift Transportation by 7,100.0% during the third quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 923 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

About Knight-Swift Transportation

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.