Teacher Retirement System of Texas Has $2.25 Million Position in Knight-Swift Transportation Holdings Inc. $KNX

Teacher Retirement System of Texas boosted its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 11.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,957 shares of the transportation company’s stock after buying an additional 5,228 shares during the period. Teacher Retirement System of Texas’ holdings in Knight-Swift Transportation were worth $2,254,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities research analysts have commented on KNX shares. TD Cowen upped their target price on shares of Knight-Swift Transportation from $44.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. 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. Morgan Stanley lowered their target price on shares of 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. Deutsche Bank Aktiengesellschaft raised shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and upped their target price for the company from $43.00 to $53.00 in a research note on Thursday, October 2nd. Finally, Citigroup lowered their target price on shares of Knight-Swift Transportation from $54.00 to $53.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Two investment 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 stock. According to MarketBeat, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and a consensus price target of $53.29.

Insider Activity

In related news, EVP Michael K. Liu sold 3,420 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total value of $148,462.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.00% of the stock is owned by corporate insiders.

Knight-Swift Transportation Stock Up 3.8%

Shares of KNX stock opened at $45.19 on Monday. The firm has a fifty day moving average of $43.04 and a 200-day moving average of $43.35. The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 0.31. Knight-Swift Transportation Holdings Inc. has a 12-month low of $36.69 and a 12-month high of $61.51. The company has a market capitalization of $7.33 billion, a price-to-earnings ratio of 51.35, a P/E/G ratio of 0.89 and a beta of 1.14.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings data 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 return on equity of 2.98% and a net margin of 1.90%.The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the company earned $0.34 EPS. The firm’s revenue was up 2.7% on a year-over-year basis. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, equities research analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 22nd. Stockholders of record on Friday, September 5th were given 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 dividend payout ratio is currently 81.82%.

Knight-Swift Transportation Company 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.