Fox Run Management L.L.C. Buys New Position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

Market Beat
2025.08.16 12:44
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Fox Run Management L.L.C. acquired a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) during the 1st quarter, purchasing 40,647 shares valued at approximately $1.77 million. Other institutional investors also increased their holdings. Knight-Swift's stock rose 3.1% to $44.09, with a market cap of $7.16 billion. The company reported a quarterly EPS of $0.35, beating estimates, and declared a quarterly dividend of $0.18. Analysts have mixed ratings, with a consensus of "Moderate Buy" and an average target price of $53.88.

Fox Run Management L.L.C. bought a new stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 40,647 shares of the transportation company's stock, valued at approximately $1,768,000.

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Other hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC raised its holdings in 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 acquiring an additional 563 shares in the last quarter. UMB Bank n.a. raised its holdings in Knight-Swift Transportation by 40.0% in the 1st quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock valued at $49,000 after acquiring an additional 324 shares in the last quarter. Quarry LP raised its holdings in Knight-Swift Transportation by 41.6% in the 4th quarter. Quarry LP now owns 1,701 shares of the transportation company's stock valued at $90,000 after acquiring an additional 500 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Knight-Swift Transportation in the 1st quarter valued at approximately $111,000. Finally, Neo Ivy Capital Management acquired a new position in Knight-Swift Transportation in the 1st quarter valued at approximately $118,000. Institutional investors own 88.77% of the company's stock.

Knight-Swift Transportation Stock Up 3.1%

NYSE KNX opened at $44.09 on Thursday. The stock has a fifty day moving average of $44.36 and a 200-day moving average of $45.50. The stock has a market capitalization of $7.16 billion, a P/E ratio of 43.23, a price-to-earnings-growth ratio of 0.64 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $61.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.89 and a current ratio of 0.89.

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Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.87 billion. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the firm earned $0.24 EPS. On average, equities research analysts forecast 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 will be paid on Monday, September 22nd. Stockholders of record on Friday, September 5th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, September 5th. Knight-Swift Transportation's dividend payout ratio (DPR) is currently 70.59%.

Analysts Set New Price Targets

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Several equities analysts have commented on the company. UBS Group cut their price target on Knight-Swift Transportation from $63.00 to $46.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Susquehanna upped their price target on Knight-Swift Transportation from $45.00 to $52.00 and gave the company a "positive" rating in a report on Tuesday, June 24th. Barclays dropped their target price on Knight-Swift Transportation from $58.00 to $55.00 and set an "overweight" rating for the company in a report on Thursday, July 10th. Bank of America increased their target price on Knight-Swift Transportation from $47.00 to $49.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Finally, Wells Fargo & Company increased their target price on Knight-Swift Transportation from $46.00 to $50.00 and gave the stock an "overweight" rating in a report on Wednesday, May 28th. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $53.88.

View Our Latest Research Report on KNX

Knight-Swift Transportation Company 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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Want to see what other hedge funds are holding KNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report).

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