Knight-Swift Transportation Holdings Inc. $KNX Stock Holdings Decreased by Tectonic Advisors LLC

Tectonic Advisors LLC decreased its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 20.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 111,505 shares of the transportation company’s stock after selling 28,069 shares during the quarter. Tectonic Advisors LLC’s holdings in Knight-Swift Transportation were worth $7,091,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of KNX. Dimensional Fund Advisors LP increased its stake in Knight-Swift Transportation by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company’s stock worth $486,995,000 after buying an additional 60,750 shares in the last quarter. Manning & Napier Advisors LLC bought a new stake in Knight-Swift Transportation during the second quarter valued at about $173,669,000. Sei Investments Co. raised its holdings in Knight-Swift Transportation by 24.7% during the first quarter. Sei Investments Co. now owns 842,644 shares of the transportation company’s stock valued at $48,519,000 after acquiring an additional 166,919 shares during the period. Principal Financial Group Inc. lifted its position in shares of Knight-Swift Transportation by 38.9% in the first quarter. Principal Financial Group Inc. now owns 595,649 shares of the transportation company’s stock valued at $34,297,000 after acquiring an additional 166,668 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of Knight-Swift Transportation by 152.4% in the second quarter. Baird Financial Group Inc. now owns 426,026 shares of the transportation company’s stock valued at $33,175,000 after acquiring an additional 257,256 shares in the last quarter. Institutional investors own 88.77% of the company’s stock.

Knight-Swift Transportation Price Performance

NYSE KNX traded down $1.28 on Friday, reaching $61.23. The company had a trading volume of 4,742,431 shares, compared to its average volume of 3,461,346. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $9.97 billion, a PE ratio of 65.84, a price-to-earnings-growth ratio of 0.53 and a beta of 1.21. The firm’s 50 day moving average price is $66.77 and its 200 day moving average price is $69.57. Knight-Swift Transportation Holdings Inc. has a 12 month low of $41.24 and a 12 month high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.76 by $0.07. Knight-Swift Transportation had a net margin of 1.92% and a return on equity of 4.71%. The business had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the previous year, the company earned $0.32 EPS. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. As a group, equities analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.44 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 4th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, September 4th. Knight-Swift Transportation’s payout ratio is 307.69%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on KNX. Susquehanna dropped their price objective on Knight-Swift Transportation from $96.00 to $85.00 and set a “positive” rating for the company in a research note on Friday, October 2nd. UBS Group reissued a “buy” rating on shares of Knight-Swift Transportation in a research note on Thursday. Benchmark lifted their target price on Knight-Swift Transportation from $75.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Citizens Jmp initiated coverage on Knight-Swift Transportation in a report on Wednesday, July 15th. They issued a “market outperform” rating and a $90.00 price target on the stock. Finally, Sanford C. Bernstein began coverage on Knight-Swift Transportation in a research note on Thursday, September 10th. They issued an “outperform” rating and a $91.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Knight-Swift Transportation presently has an average rating of “Moderate Buy” and a consensus price target of $82.78.

Insider Transactions at Knight-Swift Transportation

In related news, Director David Vander Ploeg sold 2,200 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total transaction of $115,126.00. Following the completion of the transaction, the director directly owned 30,252 shares of the company’s stock, valued at approximately $1,583,087.16. This represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Reid Dove sold 126,864 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $73.13, for a total value of $9,277,564.32. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 224,954 shares of company stock valued at $16,183,454. 2.90% of the stock is currently owned by insiders.

Trending Headlines about Knight-Swift Transportation

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: KNX reported third-quarter adjusted EPS of $0.83, above the approximately $0.75–$0.76 analyst consensus, while revenue of $2.20 billion also exceeded expectations. EPS more than doubled from $0.32 a year earlier, supported by improving truckload pricing and early margin recovery. Knight-Swift Q3 earnings report
• Positive Sentiment: Management expects truckload operating income to improve meaningfully in the fourth quarter, and commentary pointed to tighter capacity and better pricing as potential catalysts for further earnings recovery. First look at Knight-Swift’s Q3 results
• Positive Sentiment: Several analysts still see substantial upside: Stifel raised its price target to $92 with a buy rating, while Wells Fargo maintained an overweight rating despite lowering its target to $79. A valuation analysis also suggested KNX may be significantly undervalued if the earnings recovery continues. Knight-Swift may be undervalued
• Neutral Sentiment: JPMorgan raised its target from $68 to $74 but kept a neutral rating, indicating that analysts recognize the recovery potential while remaining cautious about execution and industry conditions. JPMorgan analyst action
• Negative Sentiment: Fourth-quarter adjusted EPS guidance of $0.78–$0.84 has a midpoint of $0.81, slightly below the $0.82 consensus estimate. The guidance may be weighing on the stock because it suggests that the recovery will be gradual rather than immediate. Knight-Swift Q4 guidance

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. The company operates one of the largest truckload fleets in the United States and serves a broad range of industries through its network of company-owned equipment, independent contractors, terminals and distribution facilities.

Its services include dry-van, refrigerated and flatbed truckload transportation; dedicated and expedited delivery; less-than-truckload shipping; freight brokerage; intermodal transportation; cross-border logistics; and warehousing and other supply-chain services.