Brokerages Set Knight-Swift Transportation Holdings Inc. (NYSE:KNX) PT at $84.44

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) have received an average rating of “Moderate Buy” from the twenty analysts that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $84.4444.

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen cut shares of Knight-Swift Transportation from a “buy” rating to a “hold” rating in a report on Saturday. Barclays boosted their price target on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Bank of America upped their price objective on Knight-Swift Transportation from $90.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Knight-Swift Transportation in a research report on Monday, July 13th. Finally, Susquehanna lifted their target price on Knight-Swift Transportation from $90.00 to $96.00 and gave the stock a “positive” rating in a research note on Thursday, July 23rd.

Insiders Place Their Bets

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the completion of the transaction, the chief accounting officer directly owned 5,405 shares of the company’s stock, valued at $382,782.10. The trade was a 39.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ploeg David Vander sold 2,200 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the completion of the transaction, the director owned 30,252 shares in the company, valued at approximately $1,583,087.16. This represents a 6.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 224,954 shares of company stock valued at $16,183,454 over the last ninety days. 2.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Knight-Swift Transportation in the second quarter valued at approximately $818,000. California State Teachers Retirement System lifted its holdings in Knight-Swift Transportation by 7,314.3% during the 2nd quarter. California State Teachers Retirement System now owns 14,279,801 shares of the transportation company’s stock worth $1,111,968,000 after purchasing an additional 14,087,203 shares during the last quarter. HB Wealth Management LLC boosted its stake in Knight-Swift Transportation by 64.7% in the 2nd quarter. HB Wealth Management LLC now owns 7,734 shares of the transportation company’s stock valued at $602,000 after purchasing an additional 3,037 shares during the period. Concurrent Investment Advisors LLC boosted its stake in Knight-Swift Transportation by 7.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 56,096 shares of the transportation company’s stock valued at $4,368,000 after purchasing an additional 4,088 shares during the period. Finally, AXQ Capital LP acquired a new position in Knight-Swift Transportation in the 2nd quarter valued at $6,613,000. 88.77% of the stock is owned by institutional investors.

Knight-Swift Transportation Price Performance

NYSE:KNX opened at $67.28 on Tuesday. Knight-Swift Transportation has a 1-year low of $38.63 and a 1-year high of $82.86. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. The firm has a fifty day simple moving average of $72.87 and a 200 day simple moving average of $67.26. The stock has a market capitalization of $10.95 billion, a PE ratio of 258.78, a P/E/G ratio of 0.56 and a beta of 1.18.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.12. The firm 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 company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 earnings per share. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. On average, research analysts expect that Knight-Swift Transportation will post 2.49 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.80 annualized dividend and a yield of 1.2%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 307.69%.

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.