Dimensional Fund Advisors LP Grows Stock Position in Knight-Swift Transportation Holdings Inc. $KNX

Dimensional Fund Advisors LP increased its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 1.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,267,687 shares of the transportation company’s stock after buying an additional 124,426 shares during the quarter. Dimensional Fund Advisors LP owned 5.09% of Knight-Swift Transportation worth $326,664,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. raised its position in Knight-Swift Transportation by 0.9% in the third quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock worth $335,682,000 after acquiring an additional 76,342 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Knight-Swift Transportation by 21.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock worth $169,826,000 after purchasing an additional 765,833 shares in the last quarter. AQR Capital Management LLC raised its holdings in Knight-Swift Transportation by 36.5% in the 2nd quarter. AQR Capital Management LLC now owns 2,248,258 shares of the transportation company’s stock worth $99,440,000 after purchasing an additional 601,108 shares during the period. Bank of New York Mellon Corp lifted its position in Knight-Swift Transportation by 72.1% during the second quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock valued at $95,558,000 after purchasing an additional 904,903 shares in the last quarter. Finally, Ensign Peak Advisors Inc grew its holdings in Knight-Swift Transportation by 17.5% during the second quarter. Ensign Peak Advisors Inc now owns 2,046,820 shares of the transportation company’s stock valued at $90,531,000 after purchasing an additional 305,093 shares during the period. 88.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Michael K. Liu sold 1,243 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $60.87, for a total transaction of $75,661.41. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO James L. Fitzsimmons sold 5,917 shares of the firm’s stock in a transaction on 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 sale, the chief operating officer owned 8,716 shares of the company’s stock, valued at approximately $477,375.32. This represents a 40.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 77,930 shares of company stock valued at $4,366,536. Insiders own 3.00% of the company’s stock.

Knight-Swift Transportation Stock Down 3.9%

Shares of KNX stock opened at $61.00 on Friday. The company’s fifty day simple moving average is $57.82 and its two-hundred day simple moving average is $49.50. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $64.10. The stock has a market cap of $9.91 billion, a P/E ratio of 148.78, a PEG ratio of 0.94 and a beta of 1.12. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the prior year, the company posted $0.36 earnings per share. The firm’s revenue was down .4% compared to the same quarter last year. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be given a $0.20 dividend. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio (DPR) is 175.61%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on KNX shares. Stephens decreased their price objective on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Barclays lifted their price target on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday. Zacks Research raised shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Stifel Nicolaus decreased their price objective on shares of Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Finally, Morgan Stanley upped their target price on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $60.56.

Knight-Swift Transportation Profile

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.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.