J.B. Hunt Transport Services (NASDAQ:JBHT) Price Target Raised to $230.00 at Truist Financial

J.B. Hunt Transport Services (NASDAQ:JBHT) had its target price hoisted by Truist Financial from $205.00 to $230.00 in a report published on Thursday morning, MarketBeat.com reports. The brokerage currently has a hold rating on the transportation company’s stock.

Several other research firms have also commented on JBHT. TD Cowen upped their price objective on J.B. Hunt Transport Services from $209.00 to $228.00 and gave the stock a “hold” rating in a research note on Thursday. Robert W. Baird upped their price objective on J.B. Hunt Transport Services from $173.00 to $215.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Bank of America reduced their price objective on J.B. Hunt Transport Services from $228.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Barclays upped their price objective on J.B. Hunt Transport Services from $200.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, Morgan Stanley upped their price objective on J.B. Hunt Transport Services from $165.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $220.27.

J.B. Hunt Transport Services Price Performance

NASDAQ JBHT opened at $238.32 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.81. The stock has a market capitalization of $22.55 billion, a price-to-earnings ratio of 36.89, a PEG ratio of 1.82 and a beta of 1.22. J.B. Hunt Transport Services has a 1-year low of $123.16 and a 1-year high of $245.08. The business’s fifty day moving average price is $218.16 and its 200-day moving average price is $193.89.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings data on Wednesday, April 15th. The transportation company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.45 by $0.04. The firm had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.01 billion. J.B. Hunt Transport Services had a return on equity of 17.29% and a net margin of 5.13%.J.B. Hunt Transport Services’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 EPS. On average, equities analysts predict that J.B. Hunt Transport Services will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 6th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, February 6th. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 29.32%.

Insiders Place Their Bets

In other J.B. Hunt Transport Services news, SVP Jennifer Boattini sold 2,238 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $232.00, for a total value of $519,216.00. Following the completion of the sale, the senior vice president owned 16,650 shares in the company, valued at approximately $3,862,800. This represents a 11.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO John Kuhlow sold 1,000 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $225.68, for a total value of $225,680.00. Following the completion of the sale, the chief accounting officer owned 17,931 shares of the company’s stock, valued at $4,046,668.08. The trade was a 5.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 25,945 shares of company stock worth $5,656,495 in the last three months. 2.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On J.B. Hunt Transport Services

A number of institutional investors have recently bought and sold shares of JBHT. AQR Capital Management LLC boosted its holdings in shares of 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 valued at $258,457,000 after purchasing an additional 1,447,993 shares during the last quarter. Norges Bank bought a new position in shares of J.B. Hunt Transport Services during the 4th quarter valued at about $200,587,000. Bessemer Group Inc. boosted its holdings in shares of J.B. Hunt Transport Services by 75,567.4% during the 4th quarter. Bessemer Group Inc. now owns 1,006,377 shares of the transportation company’s stock valued at $195,580,000 after purchasing an additional 1,005,047 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of J.B. Hunt Transport Services by 338.0% during the 3rd quarter. Qube Research & Technologies Ltd now owns 823,089 shares of the transportation company’s stock valued at $110,434,000 after purchasing an additional 635,172 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of J.B. Hunt Transport Services by 272.8% during the 4th quarter. Wellington Management Group LLP now owns 747,377 shares of the transportation company’s stock valued at $145,245,000 after purchasing an additional 546,880 shares during the last quarter. Hedge funds and other institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services News Summary

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

• Positive Sentiment: Q1 beat on top and bottom line: EPS $1.49 vs. $1.45 est.; revenue $3.06B, +4.6% YoY — the core beat/revenue growth is the main catalyst supporting the rally. Business Wire Q1 release
• Positive Sentiment: Record Intermodal volumes and productivity-driven margin improvement highlighted on the call — signals operational leverage if volumes continue to recover. Yahoo Finance highlights
• Positive Sentiment: First sales gain since 2022 noted by multiple outlets — market interprets this as evidence the freight downturn may be turning. MSN article
• Positive Sentiment: Analyst support: Bank of America raised its price target to $250 and keeps a Buy — adds upward pressure and investor confidence. Bank of America PT raise
• Neutral Sentiment: Additional analyst PT moves were mixed: Truist and TD Cowen raised targets but maintained Hold ratings — provides support but not unanimous bullish conviction. Benzinga / The Fly mentions
• Neutral Sentiment: Conference call/transcripts reiterate execution and capacity comments; useful for run-rate visibility but no major guidance shift disclosed. Seeking Alpha call transcript coverage
• Negative Sentiment: Valuation and downside risk flagged — some analysts and commentators warn further upside is risky given a high P/E and sensitivity to macro/freight demand; this tempers a full bullish consensus. Seeking Alpha cautionary piece

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.