Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Announces $0.20 Quarterly Dividend

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Friday, September 4th will be paid a dividend of 0.20 per share by the transportation company on Monday, September 21st. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, September 4th.

Knight-Swift Transportation has raised its dividend by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 6 consecutive years. Knight-Swift Transportation has a dividend payout ratio of 32.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Knight-Swift Transportation to earn $3.93 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 20.4%.

Knight-Swift Transportation Trading Down 2.2%

NYSE:KNX opened at $69.26 on Friday. Knight-Swift Transportation has a 52-week low of $38.63 and a 52-week high of $82.86. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $75.39 and a 200-day simple moving average of $65.91. The company has a market capitalization of $11.25 billion, a PE ratio of 266.40, a price-to-earnings-growth ratio of 0.60 and a beta of 1.18.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same period in the prior year, the company earned $0.21 EPS. The firm’s revenue was up 12.6% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. On average, equities research analysts expect that Knight-Swift Transportation will post 2.42 earnings per share for the current fiscal year.

Insider Buying and Selling at Knight-Swift Transportation

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 3,600 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $70.82, for a total value of $254,952.00. Following the completion of the transaction, the chief accounting officer directly owned 5,405 shares in the company, valued at approximately $382,782.10. The trade was a 39.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Reid Dove sold 50,000 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $70.25, for a total value of $3,512,500.00. Following the sale, the director owned 169,154 shares in the company, valued at $11,883,068.50. This trade represents a 22.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.90% of the company’s stock.

Institutional Trading of Knight-Swift Transportation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP lifted its holdings in shares of Knight-Swift Transportation by 23.6% during the 4th quarter. Wellington Management Group LLP now owns 12,918,523 shares of the transportation company’s stock worth $675,380,000 after acquiring an additional 2,468,293 shares during the period. Dimensional Fund Advisors LP grew its holdings in Knight-Swift Transportation by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company’s stock valued at $486,995,000 after purchasing an additional 60,750 shares during the period. Ensign Peak Advisors Inc increased its position in Knight-Swift Transportation by 50.4% during the fourth quarter. Ensign Peak Advisors Inc now owns 2,939,212 shares of the transportation company’s stock worth $153,662,000 after purchasing an additional 984,422 shares during the last quarter. 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. Finally, Invesco Ltd. grew its stake in shares of Knight-Swift Transportation by 513.6% during the 4th quarter. Invesco Ltd. now owns 2,416,865 shares of the transportation company’s stock valued at $126,354,000 after buying an additional 2,022,996 shares during the period. 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.