Truist Financial Corp Decreases Position in J.B. Hunt Transport Services, Inc. $JBHT

Truist Financial Corp decreased its holdings in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 30.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,832 shares of the transportation company’s stock after selling 4,290 shares during the period. Truist Financial Corp’s holdings in J.B. Hunt Transport Services were worth $1,319,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of JBHT. AQR Capital Management LLC increased its holdings in J.B. Hunt Transport Services by 411.5% during the 2nd 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 period. Norges Bank acquired a new position in shares of J.B. Hunt Transport Services during the second quarter worth about $91,094,000. Park Presidio Capital LLC increased its stake in shares of J.B. Hunt Transport Services by 149.5% during the second quarter. Park Presidio Capital LLC now owns 670,873 shares of the transportation company’s stock worth $96,337,000 after buying an additional 401,937 shares during the period. First Trust Advisors LP increased its stake in shares of J.B. Hunt Transport Services by 178.9% during the second quarter. First Trust Advisors LP now owns 428,704 shares of the transportation company’s stock worth $61,562,000 after buying an additional 275,017 shares during the period. Finally, State Street Corp raised its holdings 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 acquiring an additional 272,594 shares in the last quarter. 74.95% of the stock is currently owned by institutional investors and hedge funds.

J.B. Hunt Transport Services Stock Performance

NASDAQ JBHT opened at $227.91 on Monday. The firm has a market cap of $21.70 billion, a P/E ratio of 37.12, a P/E/G ratio of 1.85 and a beta of 1.27. J.B. Hunt Transport Services, Inc. has a 52-week low of $122.79 and a 52-week high of $229.44. The business’s 50-day moving average price is $201.60 and its 200 day moving average price is $168.28. 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 (NASDAQ:JBHT) last posted its quarterly earnings data on Thursday, January 15th. The transportation company reported $1.90 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the prior year, the business earned $1.53 EPS. The firm’s revenue was down 1.6% compared to the same quarter last year. On average, equities research analysts expect that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services declared that its board has initiated a stock buyback program on Wednesday, October 22nd that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the transportation company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.

J.B. Hunt Transport Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, February 6th will be issued a dividend of $0.45 per share. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, February 6th. J.B. Hunt Transport Services’s dividend payout ratio is 29.32%.

Key Headlines Impacting J.B. Hunt Transport Services

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

• Positive Sentiment: Quarterly earnings beat — JBHT reported an EPS beat (reported $1.90 vs. $1.81 consensus) with modest revenue roughly in line with expectations, showing continued margin strength versus last year and supporting forward earnings estimates. This is a clear near-term positive for valuation and analyst sentiment. Read More.
• Positive Sentiment: Dividend hike — the board raised the quarterly dividend to $0.45 (annualized $1.80), a small yield but a sign of cash-flow stability and capital-return focus that can support investor confidence. Read More.
• Positive Sentiment: Analyst support — several firms have lifted price targets and issued favorable ratings (JPMorgan, Truist, BMO and others), which likely helped buying interest after the earnings release. Read More.
• Neutral Sentiment: Market context — coverage notes the stock rose on the day but has underperformed broader markets recently; that suggests momentum is mixed and broader market moves may still dominate short-term performance. Read More.
• Neutral Sentiment: Institutional ownership strong — large funds hold the bulk of shares and some institutions have added to positions, which generally supports liquidity and reduces dispersion of selling pressure. Read More.
• Negative Sentiment: Cluster of insider sales — multiple senior executives sold shares this week (CFO Albert Brad Delco sold 1,000 shares; EVP Ronald Greer Woodruff sold 331; CAO John Kuhlow sold 1,000; insider Bradley Hicks sold 4,028), roughly $1.4M+ in disclosed sales in aggregate. Large or clustered insider selling can raise governance or liquidity concerns and may cap near-term upside as investors digest motives (taxes, diversification vs. signaling). Read More. Read More. Read More.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, CAO John Kuhlow sold 3,225 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $179.76, for a total value of $579,726.00. Following the transaction, the chief accounting officer directly owned 13,095 shares of the company’s stock, valued at approximately $2,353,957.20. The trade was a 19.76% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Darren P. Field sold 9,000 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $219.76, for a total transaction of $1,977,840.00. Following the transaction, the executive vice president owned 10,736 shares of the company’s stock, valued at approximately $2,359,343.36. The trade was a 45.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,316 shares of company stock worth $6,727,749 over the last quarter. 2.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

JBHT has been the subject of several analyst reports. The Goldman Sachs Group boosted their price target on shares of J.B. Hunt Transport Services from $169.00 to $187.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Benchmark boosted their target price on shares of J.B. Hunt Transport Services from $212.00 to $220.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Argus upgraded J.B. Hunt Transport Services to a “strong-buy” rating in a research note on Thursday, January 22nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of J.B. Hunt Transport Services in a report on Friday, January 16th. Finally, Wells Fargo & Company increased their price objective on J.B. Hunt Transport Services from $170.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.