Chicago Partners Investment Group LLC Buys 2,436 Shares of J.B. Hunt Transport Services, Inc. $JBHT

Chicago Partners Investment Group LLC lifted its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 49.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,361 shares of the transportation company’s stock after purchasing an additional 2,436 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in J.B. Hunt Transport Services were worth $988,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in J.B. Hunt Transport Services by 7.1% during the 2nd quarter. State Street Corp now owns 4,122,669 shares of the transportation company’s stock valued at $592,015,000 after buying an additional 272,594 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of J.B. Hunt Transport Services by 0.6% in the second quarter. Geode Capital Management LLC now owns 2,072,500 shares of the transportation company’s stock valued at $296,383,000 after purchasing an additional 11,637 shares in the last quarter. AQR Capital Management LLC increased its position in J.B. Hunt Transport Services by 411.5% in the second quarter. AQR Capital Management LLC now owns 1,799,843 shares of the transportation company’s stock worth $258,457,000 after purchasing an additional 1,447,993 shares during the last quarter. Park Presidio Capital LLC increased its position in J.B. Hunt Transport Services by 149.5% in the second quarter. Park Presidio Capital LLC now owns 670,873 shares of the transportation company’s stock worth $96,337,000 after purchasing an additional 401,937 shares during the last quarter. Finally, Norges Bank purchased a new stake in J.B. Hunt Transport Services during the second quarter valued at $91,094,000. 74.95% of the stock is owned by institutional investors.

Trending Headlines about J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: Board raised the quarterly dividend to $0.45 (2.3% increase), payable Feb. 20 with an ex-dividend/record date of Feb. 6 — reinforces cash return policy and signals confidence in cash flow. J. B. Hunt Transport Services, Inc. Announces Increase to Quarterly Dividend
• Positive Sentiment: Analyst upgrades and coverage pushed the stock to a new 12‑month high after firms raised price targets and reiterated overweight/outperform views — supports further upside from improved sentiment. J.B. Hunt Transport Services (NASDAQ:JBHT) Sets New 12-Month High on Analyst Upgrade
• Positive Sentiment: High-profile bullish commentary (Jim Cramer) saying J.B. Hunt could “make a fortune” when freight turns around likely adds retail interest and momentum. Jim Cramer Says “When the Freight Market Turns Around, J.B.Hunt Should Be Able to Make a Fortune”
• Neutral Sentiment: Brokerage coverage is mixed-to-positive overall (consensus “Moderate Buy”); some firms raised targets substantially while others remain cautious — implies upside but not unanimous. MarketBeat JBHT Coverage Summary
• Negative Sentiment: Multiple insiders sold stock this week: EVP Bradley W. Hicks sold 3,919 shares at ~$210; EVP Ronald Greer Woodruff sold 1,391 shares at ~$207; COO Nicholas Hobbs sold 3,038 shares at ~$201. Collective insider selling can be interpreted as a near-term negative signal, though insiders still retain sizable holdings. Bradley W. Hicks Insider Sale Filing SEC Filing (Hicks)
• Negative Sentiment: Additional insider sale filings: Ronald Greer Woodruff (SEC filing) and COO Nicholas Hobbs sold shares in separate transactions, reducing individual stakes by double-digit and low-single-digit percentages respectively — could add selling pressure. SEC Filing (Woodruff) COO Nicholas Hobbs Insider Sale

Insider Buying and Selling

In related news, COO Nicholas Hobbs sold 3,038 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $201.97, for a total transaction of $613,584.86. Following the transaction, the chief operating officer directly owned 90,318 shares of the company’s stock, valued at $18,241,526.46. This trade represents a 3.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Bradley W. Hicks sold 3,919 shares of the company’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $210.13, for a total value of $823,499.47. Following the sale, the insider owned 26,580 shares of the company’s stock, valued at approximately $5,585,255.40. This represents a 12.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 23,457 shares of company stock valued at $4,413,991 over the last quarter. 2.30% of the stock is owned by company insiders.

J.B. Hunt Transport Services Price Performance

JBHT opened at $206.75 on Friday. The business has a fifty day moving average of $192.24 and a 200 day moving average of $163.74. The stock has a market cap of $19.69 billion, a P/E ratio of 33.67, a PEG ratio of 1.71 and a beta of 1.27. The company has a quick ratio of 0.87, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. J.B. Hunt Transport Services, Inc. has a 52-week low of $122.79 and a 52-week high of $212.00.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its earnings results on Thursday, January 15th. The transportation company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.09. J.B. Hunt Transport Services had a return on equity of 16.33% and a net margin of 4.99%.The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the firm posted $1.53 earnings per share. The business’s revenue was down 1.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current year.

J.B. Hunt Transport Services announced that its Board of Directors has authorized a share repurchase plan on Wednesday, October 22nd that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the transportation company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

J.B. Hunt Transport Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, February 6th will be given a dividend of $0.45 per share. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. J.B. Hunt Transport Services’s dividend payout ratio is presently 28.66%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Vertical Research cut shares of J.B. Hunt Transport Services from a “strong-buy” rating to a “hold” rating and set a $200.00 price objective for the company. in a research note on Thursday, January 8th. Sanford C. Bernstein lifted their price target on J.B. Hunt Transport Services from $158.00 to $195.00 and gave the stock a “market perform” rating in a research report on Friday, January 9th. Wells Fargo & Company boosted their price objective on J.B. Hunt Transport Services from $170.00 to $220.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Bank of America raised their price objective on J.B. Hunt Transport Services from $153.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Finally, Deutsche Bank Aktiengesellschaft set a $227.00 price target on J.B. Hunt Transport Services in a report on Thursday, December 11th. Twelve equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $200.05.

J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.