Mutual of America Capital Management LLC Decreases Stake in Knight-Swift Transportation Holdings Inc. $KNX

Mutual of America Capital Management LLC lessened its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 3.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 80,588 shares of the transportation company’s stock after selling 2,735 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Knight-Swift Transportation were worth $3,564,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in KNX. Larson Financial Group LLC boosted its stake in shares of Knight-Swift Transportation by 9,383.3% in the 1st 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 during the period. Brooklyn Investment Group boosted 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 buying an additional 310 shares during the period. Oliver Lagore Vanvalin Investment Group purchased a new stake in Knight-Swift Transportation during the second quarter worth approximately $55,000. UMB Bank n.a. lifted its stake 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 worth $72,000 after purchasing an additional 491 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in Knight-Swift Transportation by 21.3% during the second 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 last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Knight-Swift Transportation Trading Down 7.1%

KNX opened at $44.03 on Friday. The firm 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. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $61.51. The business’s 50 day moving average is $42.85 and its two-hundred day moving average is $43.12. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.30.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.06). The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm earned $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, research analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Dividend Announcement

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

Insider Buying and Selling at Knight-Swift Transportation

In related news, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction on Wednesday, September 3rd. The stock was 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 through this link. 3.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on KNX. Weiss Ratings restated a “sell (d+)” rating on shares of Knight-Swift Transportation in a research note on Wednesday, October 8th. Morgan Stanley decreased their target price on Knight-Swift Transportation from $68.00 to $67.00 and set an “overweight” rating for the company in a research note on Monday, October 6th. TD Cowen boosted 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. Stifel Nicolaus boosted their target price on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Susquehanna decreased their target price on Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating for the company in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Knight-Swift Transportation currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.29.

About Knight-Swift Transportation

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.