Benchmark Issues Positive Forecast for Knight-Swift Transportation (NYSE:KNX) Stock Price

Knight-Swift Transportation (NYSE:KNX) had its price target upped by Benchmark from $65.00 to $70.00 in a report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the transportation company’s stock.

Other analysts also recently issued reports about the company. Wells Fargo & Company increased their target price on Knight-Swift Transportation from $60.00 to $65.00 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. Weiss Ratings downgraded Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Citigroup upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Friday, March 13th. Barclays raised their price target on Knight-Swift Transportation from $65.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Finally, Susquehanna raised their price target on Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $62.11.

Knight-Swift Transportation Stock Performance

Shares of KNX opened at $61.52 on Wednesday. The business’s fifty day simple moving average is $58.41 and its two-hundred day simple moving average is $52.52. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation has a 12 month low of $37.70 and a 12 month high of $64.10. The company has a market cap of $9.99 billion, a price-to-earnings ratio of 150.06, a P/E/G ratio of 0.93 and a beta of 1.11.

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

Knight-Swift Transportation Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were paid a $0.20 dividend. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date was Friday, March 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Knight-Swift Transportation’s dividend payout ratio (DPR) is 195.12%.

Insider Transactions at Knight-Swift Transportation

In related news, COO James L. Fitzsimmons sold 5,917 shares of Knight-Swift Transportation 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 directly owned 8,716 shares in the company, valued at approximately $477,375.32. The trade was a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Kevin P. Knight sold 30,000 shares of Knight-Swift Transportation stock in a transaction on Friday, February 20th. The shares were sold at an average price of $61.00, for a total value of $1,830,000.00. Following the transaction, the chairman owned 1,305,347 shares in the company, valued at $79,626,167. This trade represents a 2.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 42,930 shares of company stock valued at $2,581,186. Corporate insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Knight-Swift Transportation

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp raised its stake in Knight-Swift Transportation by 44.4% in the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock worth $45,000 after buying an additional 267 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in Knight-Swift Transportation by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 52,930 shares of the transportation company’s stock worth $2,091,000 after buying an additional 306 shares in the last quarter. Parallel Advisors LLC raised its stake in Knight-Swift Transportation by 7.9% in the fourth quarter. Parallel Advisors LLC now owns 4,240 shares of the transportation company’s stock worth $222,000 after buying an additional 309 shares in the last quarter. Lido Advisors LLC raised its stake in Knight-Swift Transportation by 0.4% in the fourth quarter. Lido Advisors LLC now owns 75,102 shares of the transportation company’s stock worth $3,926,000 after buying an additional 335 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Knight-Swift Transportation by 54.2% in the fourth quarter. Farther Finance Advisors LLC now owns 956 shares of the transportation company’s stock worth $50,000 after buying an additional 336 shares in the last quarter. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

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.