Should You Consider Investing in Knight-Swift Transportation Holdings (KNX)?

Pzena Investment Management recently released its fourth-quarter 2025 commentary for “Pzena Focused Value Strategy.” A copy of the letter can be downloaded here. The fourth quarter was defined by strong AI momentum and continued market dominance by mega-cap stocks. In this environment, Pzena Focused Value Strategy underperformed the Russell 1000® Value Index, delivering a net return of 2.5% vs. 3.8% for the Index. Given the limited leadership in the market, the firm still observes appealing valuation differences and believes the current environment is favorable for long-term value investors. In addition, you can check the Fund’s top five holdings to see its best picks for 2025.

In its fourth-quarter 2025 investor letter, Pzena Focused Value Strategy highlighted stocks like Knight-Swift Transportation Holdings Inc. (NYSE:KNX). Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is a freight transportation services provider that operates through Truckload, Less-than-truckload (LTL), Logistics, and Intermodal segments. The one-month return of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) was 1.94%, and its shares lost 1.13% of their value over the last 52 weeks. On January 30, 2026, Knight-Swift Transportation Holdings Inc. (NYSE:KNX) stock closed at $55.10 per share, with a market capitalization of $8.945 billion.

Pzena Focused Value Strategy stated the following regarding Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in its fourth quarter 2025 investor letter:

“During the quarter we initiated a position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX), North America’s largest truckload carrier. The company is operating in a prolonged freight downturn, as excess capacity added during the 2021 profit peak has persisted despite weaker demand, pressuring rates and earnings. With its scale and network efficiency, we believe profitability should recover as conditions normalize.”

Is Knight-Swift Transportation Holdings Inc. (KNX) the Best Freight Stock to Buy According to Hedge Funds?

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 44 hedge fund portfolios held Knight-Swift Transportation Holdings Inc. (NYSE:KNX) at the end of the third quarter, up from 43 in the previous quarter. While we acknowledge the risk and potential of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Knight-Swift Transportation Holdings Inc. (NYSE:KNX) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Knight-Swift Transportation Holdings Inc. (NYSE:KNX) and shared Aristotle Small Cap Equity Fund’s views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.