Whalen Wealth Management Inc. Acquires New Holdings in Knight-Swift Transportation Holdings Inc. $KNX

04 Apr 2026, 12:13 by Michael Walen · The Markets Daily

Whalen Wealth Management Inc. bought a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 8,546 shares of the transportation company’s stock, valued at approximately $447,000.

A number of other large investors also recently modified their holdings of KNX. Integrated Wealth Concepts LLC raised its holdings in shares of Knight-Swift Transportation by 23.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock valued at $259,000 after purchasing an additional 1,124 shares during the period. Focus Partners Wealth acquired a new position in shares of Knight-Swift Transportation in the 1st quarter valued at approximately $451,000. Cetera Investment Advisers increased its stake in shares of Knight-Swift Transportation by 6.9% in the 2nd quarter. Cetera Investment Advisers now owns 13,724 shares of the transportation company’s stock valued at $607,000 after purchasing an additional 882 shares during the last quarter. Norges Bank acquired a new stake in shares of Knight-Swift Transportation in the 2nd quarter valued at approximately $59,407,000. Finally, M&T Bank Corp grew its stake in shares of Knight-Swift Transportation by 33.5% during the second quarter. M&T Bank Corp now owns 9,479 shares of the transportation company’s stock worth $419,000 after buying an additional 2,379 shares during the last quarter. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Knight-Swift Transportation

In other news, COO James L. Fitzsimmons sold 5,917 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value of $324,074.09. Following the completion of the transaction, the chief operating officer owned 8,716 shares of the company’s stock, valued at $477,375.32. This represents a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Kevin P. Knight sold 30,000 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $61.00, for a total transaction of $1,830,000.00. Following the sale, the chairman directly owned 1,305,347 shares of the company’s stock, valued at approximately $79,626,167. This trade represents a 2.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 42,930 shares of company stock valued at $2,581,186 in the last quarter. 3.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have issued reports on KNX. JPMorgan Chase & Co. raised their price target on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Morgan Stanley boosted their target price on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. Stephens cut their price objective on shares of Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Wells Fargo & Company set a $64.00 price objective on Knight-Swift Transportation in a research report on Friday, March 13th. Finally, UBS Group upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and raised their price target for the stock from $54.00 to $66.00 in a research report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.78.

Check Out Our Latest Research Report on KNX

Knight-Swift Transportation Price Performance

Shares of NYSE KNX opened at $58.68 on Friday. Knight-Swift Transportation Holdings Inc. has a 1 year low of $36.69 and a 1 year high of $64.10. The stock has a market capitalization of $9.53 billion, a P/E ratio of 143.12, a P/E/G ratio of 0.88 and a beta of 1.11. The company’s 50-day moving average is $57.74 and its 200 day moving average is $51.27. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86.

Knight-Swift Transportation (NYSE:KNX – Get Free Report) last issued its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.05). The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The business’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the business earned $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, sell-side analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 1.4%. Knight-Swift Transportation’s dividend payout ratio is presently 195.12%.

Knight-Swift Transportation Profile

(Free Report)

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.