Forum Financial Management LP Buys 1,073 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Forum Financial Management LP raised its stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 19.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,591 shares of the transportation company’s stock after acquiring an additional 1,073 shares during the period. Forum Financial Management LP’s holdings in Knight-Swift Transportation were worth $292,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of KNX. Larson Financial Group LLC lifted its stake in Knight-Swift Transportation by 9,383.3% during the 1st quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 563 shares in the last quarter. Brooklyn Investment Group raised its stake in shares of Knight-Swift Transportation by 93.4% during the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock worth $28,000 after purchasing an additional 310 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Knight-Swift Transportation during the 2nd quarter worth $55,000. UMB Bank n.a. raised its stake in shares of Knight-Swift Transportation by 43.3% during the 2nd quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company’s stock worth $72,000 after purchasing an additional 491 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of 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 purchasing an additional 379 shares during the period. 88.77% of the stock is currently owned by institutional investors.

Knight-Swift Transportation Trading Up 3.2%

Shares of Knight-Swift Transportation stock opened at $45.41 on Monday. Knight-Swift Transportation Holdings Inc. has a 52-week low of $36.69 and a 52-week high of $61.51. The stock’s 50-day simple moving average is $42.91 and its 200 day simple moving average is $43.19. The stock has a market capitalization of $7.37 billion, a P/E ratio of 51.60, a P/E/G ratio of 0.90 and a beta of 1.14. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 1.33.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 22nd. Shareholders of record on Friday, September 5th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, September 5th. Knight-Swift Transportation’s payout ratio is presently 81.82%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on KNX shares. Zacks Research cut Knight-Swift Transportation from a “hold” rating to a “strong sell” rating in a research note on Friday, October 3rd. JPMorgan Chase & Co. lifted 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. Raymond James Financial lifted their target price on Knight-Swift Transportation from $55.00 to $59.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, October 14th. Benchmark reiterated a “buy” rating on shares of Knight-Swift Transportation in a research note on Friday. Finally, TD Cowen lifted their target price on Knight-Swift Transportation from $44.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $53.29.

Insiders Place Their Bets

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 3,420 shares of Knight-Swift Transportation 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 3.00% of the stock is owned by insiders.

Knight-Swift Transportation Profile

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.