South Dakota Investment Council Has $4.08 Million Stock Holdings in Knight-Swift Transportation Holdings Inc. $KNX

South Dakota Investment Council trimmed its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 16.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 70,882 shares of the transportation company’s stock after selling 13,600 shares during the quarter. South Dakota Investment Council’s holdings in Knight-Swift Transportation were worth $4,081,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Strs Ohio grew its holdings in shares of Knight-Swift Transportation by 24.7% in the fourth quarter. Strs Ohio now owns 448,471 shares of the transportation company’s stock valued at $23,446,000 after purchasing an additional 88,707 shares during the period. UBS Group AG raised its stake in Knight-Swift Transportation by 44.3% during the fourth quarter. UBS Group AG now owns 2,430,896 shares of the transportation company’s stock worth $127,087,000 after purchasing an additional 745,787 shares during the period. Comerica Bank boosted its holdings 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. WINTON GROUP Ltd purchased a new stake in shares of Knight-Swift Transportation in the 4th quarter valued at approximately $6,551,000. Finally, Norris Perne & French LLP MI grew its stake in shares of Knight-Swift Transportation by 7.0% in the 4th quarter. Norris Perne & French LLP MI now owns 444,318 shares of the transportation company’s stock valued at $23,229,000 after buying an additional 28,945 shares during the period. Institutional investors own 88.77% of the company’s stock.

Knight-Swift Transportation Stock Performance

Shares of Knight-Swift Transportation stock opened at $69.76 on Friday. The stock has a market capitalization of $11.33 billion, a price-to-earnings ratio of 268.31, a price-to-earnings-growth ratio of 0.60 and a beta of 1.18. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.70. The business has a 50-day moving average of $75.65 and a 200 day moving average of $65.45. Knight-Swift Transportation Holdings Inc. has a 12 month low of $38.63 and a 12 month high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.12. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 earnings per share. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, sell-side analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.42 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 8th. Knight-Swift Transportation’s dividend payout ratio is presently 307.69%.

Analysts Set New Price Targets

Several analysts have recently commented on KNX shares. UBS Group lifted their price target on shares of Knight-Swift Transportation from $79.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Stifel Nicolaus increased their price objective on Knight-Swift Transportation from $85.00 to $88.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Barclays raised their target price on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Citigroup upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $90.00 target price on the stock in a research report on Thursday, July 9th. Finally, The Goldman Sachs Group upped their price target on Knight-Swift Transportation from $65.00 to $86.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Knight-Swift Transportation presently has an average rating of “Buy” and an average target price of $84.44.

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.