Dimensional Fund Advisors LP Acquires 124,426 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Dimensional Fund Advisors LP lifted its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 1.5% during the third quarter, HoldingsChannel reports. The firm owned 8,267,687 shares of the transportation company’s stock after purchasing an additional 124,426 shares during the period. Dimensional Fund Advisors LP owned 0.05% of Knight-Swift Transportation worth $326,664,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in KNX. ProShare Advisors LLC boosted its position in Knight-Swift Transportation by 3.8% in the 2nd quarter. ProShare Advisors LLC now owns 7,529 shares of the transportation company’s stock valued at $333,000 after buying an additional 276 shares during the period. Jones Financial Companies Lllp increased its position in shares of Knight-Swift Transportation by 2.7% during the third quarter. Jones Financial Companies Lllp now owns 13,081 shares of the transportation company’s stock worth $519,000 after acquiring an additional 343 shares during the period. Benjamin Edwards Inc. raised its stake in shares of Knight-Swift Transportation by 4.5% during the third quarter. Benjamin Edwards Inc. now owns 8,130 shares of the transportation company’s stock valued at $321,000 after acquiring an additional 351 shares in the last quarter. CWM LLC boosted its holdings in shares of Knight-Swift Transportation by 0.9% in the third quarter. CWM LLC now owns 42,000 shares of the transportation company’s stock valued at $1,659,000 after purchasing an additional 391 shares during the period. Finally, Allworth Financial LP grew its stake in Knight-Swift Transportation by 14.8% in the second quarter. Allworth Financial LP now owns 3,493 shares of the transportation company’s stock worth $154,000 after purchasing an additional 449 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Joshua Smith sold 5,770 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $60.91, for a total transaction of $351,450.70. Following the transaction, the chief financial officer directly owned 9,214 shares in the company, valued at $561,224.74. The trade was a 38.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 77,930 shares of company stock valued at $4,366,536. Company insiders own 3.00% of the company’s stock.

Knight-Swift Transportation Price Performance

KNX opened at $61.00 on Friday. The business’s 50-day moving average is $57.82 and its two-hundred day moving average is $49.50. Knight-Swift Transportation Holdings Inc. has a 1 year low of $36.69 and a 1 year high of $64.10. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $9.91 billion, a PE ratio of 148.78, a price-to-earnings-growth ratio of 0.94 and a beta of 1.12.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $1.90 billion. During the same period in the previous year, the company posted $0.36 earnings per share. The business’s quarterly 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. Research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be issued 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 of this dividend is Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio is presently 175.61%.

Wall Street Analysts Forecast Growth

KNX has been the subject of a number of research analyst reports. Evercore lifted their target price on Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a research report on Tuesday, January 13th. Stephens decreased their price objective on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. JPMorgan Chase & Co. increased their target price 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. Weiss Ratings downgraded shares of Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Finally, TD Cowen boosted their price target on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.