Mader & Shannon Wealth Management Inc. Acquires 735 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Mader & Shannon Wealth Management Inc. raised its holdings in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNXFree Report) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,019 shares of the transportation company’s stock after buying an additional 735 shares during the period. Knight-Swift Transportation comprises 3.4% of Mader & Shannon Wealth Management Inc.’s investment portfolio, making the stock its 8th largest position. Mader & Shannon Wealth Management Inc.’s holdings in Knight-Swift Transportation were worth $6,282,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC lifted its position in Knight-Swift Transportation by 9,383.3% during the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock valued at $25,000 after buying an additional 563 shares in the last quarter. Brooklyn Investment Group lifted its position in Knight-Swift Transportation by 93.4% during the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after buying an additional 310 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in Knight-Swift Transportation during the second quarter valued at approximately $55,000. UMB Bank n.a. lifted its position in Knight-Swift Transportation by 43.3% during the second quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company’s stock valued at $72,000 after buying an additional 491 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of Knight-Swift Transportation by 21.3% during the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 379 shares during the period. 88.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Michael K. Liu sold 3,420 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Baird R W upgraded shares of Knight-Swift Transportation to a “strong-buy” rating in a research note on Tuesday, July 1st. UBS Group lowered shares of Knight-Swift Transportation from a “buy” rating to a “neutral” rating and boosted their target price for the company from $46.00 to $51.00 in a research note on Friday, September 5th. Evercore ISI lowered their target price on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a research note on Tuesday, September 30th. JPMorgan Chase & Co. boosted their target price on shares of Knight-Swift Transportation from $48.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Raymond James Financial boosted their target price on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “strong-buy” rating in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Knight-Swift Transportation currently has a consensus rating of “Moderate Buy” and an average price target of $53.29.

Check Out Our Latest Research Report on KNX

Knight-Swift Transportation Stock Performance

Shares of KNX opened at $44.03 on Friday. Knight-Swift Transportation Holdings Inc. has a 1 year low of $36.69 and a 1 year high of $61.51. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 50.03, a price-to-earnings-growth ratio of 0.82 and a beta of 1.14. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a fifty day moving average of $42.85 and a 200-day moving average of $43.12.

Knight-Swift Transportation (NYSE:KNXGet Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.06). Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the firm posted $0.34 EPS. The business’s revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

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

Knight-Swift Transportation 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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Institutional Ownership by Quarter for Knight-Swift Transportation (NYSE:KNX)

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