Counterpoint Mutual Funds LLC Invests $485,000 in Forward Air Corporation $FWRD

Counterpoint Mutual Funds LLC purchased a new stake in Forward Air Corporation (NASDAQ:FWRD) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,932 shares of the transportation company’s stock, valued at approximately $485,000. Counterpoint Mutual Funds LLC owned approximately 0.06% of Forward Air as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clear Harbor Asset Management LLC bought a new position in Forward Air in the 3rd quarter valued at about $1,091,000. Rothschild Investment LLC boosted its position in shares of Forward Air by 337,481.3% during the 3rd quarter. Rothschild Investment LLC now owns 270,065 shares of the transportation company’s stock worth $6,924,000 after acquiring an additional 269,985 shares in the last quarter. Private Management Group Inc. increased its stake in shares of Forward Air by 8.7% in the 2nd quarter. Private Management Group Inc. now owns 1,046,226 shares of the transportation company’s stock valued at $25,674,000 after purchasing an additional 83,600 shares during the last quarter. Jefferies Financial Group Inc. raised its holdings in shares of Forward Air by 7.0% during the 2nd quarter. Jefferies Financial Group Inc. now owns 384,634 shares of the transportation company’s stock worth $9,439,000 after buying an additional 25,283 shares in the last quarter. Finally, Caxton Associates LLP lifted its position in shares of Forward Air by 124.2% during the 2nd quarter. Caxton Associates LLP now owns 107,113 shares of the transportation company’s stock worth $2,629,000 after buying an additional 59,345 shares during the last quarter. Institutional investors own 97.03% of the company’s stock.

Trending Headlines about Forward Air

Here are the key news stories impacting Forward Air this week:

• Positive Sentiment: Management said its strategic review is nearing conclusion, raising the prospect of a definitive outcome (sale, restructuring or other strategic moves) that could unlock shareholder value. Read More.
• Positive Sentiment: Earnings call commentary highlighted a rebound in margins and cost-control initiatives that management says should improve profitability going forward — a near‑term positive signal despite weak EPS. Read More.
• Positive Sentiment: Industry recognition: Forward Air was named the 2026 Surface Carrier of the Year by the Airforwarders Association, reinforcing its competitive position with freight forwarders and supporting revenue visibility in expedited ground services. Read More.
• Neutral Sentiment: Management outlined a 2026 growth strategy and technology transformation and reported stable EBITDA (~$307M), suggesting structural investments and stability but not an immediate earnings turnaround. Read More.
• Negative Sentiment: Q4 results showed a deep net loss and a large EPS miss (reported EPS -$0.91 vs. consensus around -$0.27), with revenue roughly flat but cost of sales rising sharply — a key reason for downward EPS pressure and investor concern. Read More.
• Negative Sentiment: Analyst/press snapshots emphasize the EPS miss and negative margins despite revenue roughly in line with estimates, reinforcing near‑term skepticism on profitability recovery. Read More.

Forward Air Stock Up 4.5%

NASDAQ:FWRD opened at $26.43 on Wednesday. Forward Air Corporation has a one year low of $9.78 and a one year high of $32.47. The company has a debt-to-equity ratio of 8.73, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $825.94 million, a PE ratio of -7.51 and a beta of 1.35. The firm’s 50 day simple moving average is $27.15 and its 200 day simple moving average is $25.61.

Forward Air (NASDAQ:FWRD) last released its quarterly earnings results on Monday, February 23rd. The transportation company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.64). Forward Air had a negative net margin of 4.32% and a negative return on equity of 40.10%. The business had revenue of $631.23 million for the quarter, compared to the consensus estimate of $629.60 million. During the same period in the previous year, the business posted ($1.23) EPS. Forward Air’s revenue was up 1.2% on a year-over-year basis. On average, research analysts anticipate that Forward Air Corporation will post -0.72 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on Forward Air from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Susquehanna restated a “positive” rating and issued a $42.00 price target on shares of Forward Air in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Forward Air in a report on Thursday, January 22nd. Jefferies Financial Group reiterated a “buy” rating on shares of Forward Air in a research report on Thursday, November 6th. Finally, Zacks Research lowered shares of Forward Air from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Forward Air has a consensus rating of “Hold” and an average target price of $34.00.

About Forward Air

Forward Air Corporation is a leading North American provider of expedited ground transportation and related logistics services, specializing in time-sensitive shipments. The company offers a comprehensive suite of solutions including less-than-truckload (LTL) expedited freight, consolidation and distribution services, container drayage, and final-mile delivery. By integrating transportation management with warehousing, inventory control, and technology-driven tracking, Forward Air supports customers across a variety of industries such as manufacturing, retail, automotive and chemicals.

Founded in 1981 and headquartered in Greeneville, Tennessee, Forward Air has developed a broad network of service centers, terminals and rail ramps throughout the United States, Canada and Puerto Rico.