Boston Partners Has $4.37 Million Stock Position in Knight-Swift Transportation Holdings Inc. $KNX

Boston Partners increased its stake in Knight-Swift Transportation by 160.1% in Q2, owning 98,823 shares worth $4.37 million. Institutional investors hold 88.77% of KNX stock. The company reported Q3 earnings of $0.32 per share, missing estimates. Analysts have mixed ratings, with Citigroup and JPMorgan giving buy and neutral ratings, respectively. Knight-Swift announced a $0.18 quarterly dividend, yielding 1.6%. The stock opened at $45.80, with a market cap of $7.44 billion.

Boston Partners grew its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 160.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 98,823 shares of the transportation company's stock after purchasing an additional 60,830 shares during the quarter. Boston Partners owned about 0.06% of Knight-Swift Transportation worth $4,371,000 as of its most recent filing with the SEC.

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A number of other institutional investors have also made changes to their positions in the business. Brooklyn Investment Group grew its stake in shares of Knight-Swift Transportation by 93.4% in the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company's stock valued at $28,000 after purchasing an additional 310 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new position in Knight-Swift Transportation in the second quarter valued at about $55,000. UMB Bank n.a. boosted its stake in shares of Knight-Swift Transportation by 43.3% in the 2nd quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company's stock valued at $72,000 after purchasing an additional 491 shares during the last quarter. IFP Advisors Inc grew its holdings in Knight-Swift Transportation by 21.3% during the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company's stock worth $96,000 after acquiring an additional 379 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Knight-Swift Transportation in the first quarter valued at about $111,000. 88.77% of the stock is currently owned by institutional investors.

Knight-Swift Transportation Stock Performance

Shares of NYSE KNX opened at $45.80 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $7.44 billion, a P/E ratio of 52.05, a P/E/G ratio of 0.89 and a beta of 1.14. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $61.51. The stock has a 50 day moving average of $43.59 and a 200-day moving average of $43.82.

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Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.06). The company had revenue of $1.72 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 was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, equities research analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 5th will be given a $0.18 dividend. The ex-dividend date is Friday, December 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.6%. Knight-Swift Transportation's payout ratio is presently 81.82%.

Analyst Upgrades and Downgrades

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Several equities research analysts have issued reports on the company. Citigroup lowered their price target on Knight-Swift Transportation from $54.00 to $53.00 and set a "buy" rating for the company in a report on Monday, October 13th. JPMorgan Chase & Co. increased their target price on Knight-Swift Transportation from $48.00 to $49.00 and gave the stock a "neutral" rating in a research note on Thursday, October 23rd. Bank of America upgraded shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and raised their target price for the stock from $41.00 to $50.00 in a report on Thursday, October 16th. Evercore ISI reduced their price target on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an "in-line" rating for the company in a report on Tuesday, September 30th. Finally, Zacks Research downgraded shares of Knight-Swift Transportation from a "hold" rating to a "strong sell" rating in a research report on Friday, October 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Knight-Swift Transportation has a consensus rating of "Moderate Buy" and a consensus price target of $53.29.

Get Our Latest Research Report on KNX

Insider Buying and Selling

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 4,300 shares of the business's stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the completion of the transaction, the chief accounting officer directly owned 5,644 shares in the company, valued at $254,205.76. The trade was a 43.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The SEC filing for this sale provides additional information. Corporate insiders own 3.00% of the company's stock.

Knight-Swift Transportation Company Profile

(Free Report)

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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