Cullen Frost Bankers Inc. Acquires Shares of 45,745 J.B. Hunt Transport Services, Inc. $JBHT

Cullen Frost Bankers Inc. bought a new position in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,745 shares of the transportation company’s stock, valued at approximately $6,138,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp boosted its stake in J.B. Hunt Transport Services by 7.1% in the second 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 lifted 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 worth $296,383,000 after acquiring an additional 11,637 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of J.B. Hunt Transport Services by 411.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,799,843 shares of the transportation company’s stock valued at $258,457,000 after purchasing an additional 1,447,993 shares in the last quarter. Park Presidio Capital LLC grew its holdings in shares of J.B. Hunt Transport Services by 149.5% during the 2nd quarter. Park Presidio Capital LLC now owns 670,873 shares of the transportation company’s stock valued at $96,337,000 after purchasing an additional 401,937 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of J.B. Hunt Transport Services during the 2nd quarter valued at approximately $91,094,000. Institutional investors own 74.95% of the company’s stock.

Insider Transactions at J.B. Hunt Transport Services

In other news, EVP David Keefauver sold 1,588 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $189.29, for a total value of $300,592.52. Following the transaction, the executive vice president owned 550 shares in the company, valued at $104,109.50. The trade was a 74.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ronald Greer Woodruff sold 1,391 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $207.00, for a total value of $287,937.00. Following the completion of the transaction, the executive vice president directly owned 4,019 shares of the company’s stock, valued at approximately $831,933. This represents a 25.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 23,457 shares of company stock worth $4,413,991. Company insiders own 2.30% of the company’s stock.

More J.B. Hunt Transport Services News

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

Wall Street Analyst Weigh In

JBHT has been the topic of a number of research analyst reports. Citigroup lowered shares of J.B. Hunt Transport Services from a “buy” rating to a “neutral” rating and raised their target price for the company from $175.00 to $221.00 in a research report on Wednesday, January 7th. Argus upgraded J.B. Hunt Transport Services to a “strong-buy” rating in a research report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of J.B. Hunt Transport Services in a research note on Monday, December 29th. The Goldman Sachs Group upped their price objective on J.B. Hunt Transport Services from $169.00 to $187.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Finally, Barclays raised their price target on shares of J.B. Hunt Transport Services from $150.00 to $200.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, J.B. Hunt Transport Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $200.05.

J.B. Hunt Transport Services Stock Down 1.9%

JBHT stock opened at $206.75 on Monday. The firm has a market capitalization of $19.69 billion, a PE ratio of 33.67, a P/E/G ratio of 1.68 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 twelve month low of $122.79 and a twelve month high of $212.00. The stock’s 50 day moving average is $192.24 and its 200-day moving average is $163.89.

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

J.B. Hunt Transport Services declared that its board has authorized a share buyback plan on Wednesday, October 22nd that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the transportation company to repurchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

J.B. Hunt Transport Services Increases Dividend

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

J.B. Hunt Transport Services 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.