J.B. Hunt Transport Services (NASDAQ:JBHT) Price Target Raised to $250.00 at Bank of America

J.B. Hunt Transport Services (NASDAQ:JBHT) had its price objective hoisted by Bank of America from $225.00 to $250.00 in a research note published on Thursday,Benzinga reports. The firm currently has a buy rating on the transportation company’s stock.

Several other equities research analysts also recently issued reports on JBHT. UBS Group increased their price target on J.B. Hunt Transport Services from $216.00 to $221.00 and gave the stock a “neutral” rating in a report on Thursday. Evercore set a $222.00 price target on J.B. Hunt Transport Services in a report on Friday, January 16th. TD Cowen increased their price target on J.B. Hunt Transport Services from $209.00 to $228.00 and gave the stock a “hold” rating in a report on Thursday. Argus upgraded J.B. Hunt Transport Services to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, Robert W. Baird increased their price target on J.B. Hunt Transport Services from $173.00 to $215.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, J.B. Hunt Transport Services has an average rating of “Moderate Buy” and a consensus target price of $220.27.

J.B. Hunt Transport Services Trading Up 6.3%

NASDAQ JBHT opened at $238.32 on Thursday. The stock has a 50-day simple moving average of $218.16 and a 200 day simple moving average of $193.89. The company has a market capitalization of $22.55 billion, a PE ratio of 36.89, a P/E/G ratio of 1.82 and a beta of 1.22. The company has a current ratio of 0.83, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. J.B. Hunt Transport Services has a 12 month low of $123.16 and a 12 month high of $245.08.

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

J.B. Hunt Transport Services Increases Dividend

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

Insider Activity

In related news, EVP Darren P. Field sold 9,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 10,736 shares of the company’s stock, valued at approximately $2,359,343.36. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Nicholas Hobbs sold 3,038 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $201.97, for a total value of $613,584.86. Following the completion of the sale, the chief operating officer owned 90,318 shares in the company, valued at $18,241,526.46. This represents a 3.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 25,945 shares of company stock valued at $5,656,495. Corporate insiders own 2.50% of the company’s stock.

Institutional Trading of J.B. Hunt Transport Services

Institutional investors and hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC boosted its holdings in shares of J.B. Hunt Transport Services by 25.4% during the 4th quarter. Root Financial Partners LLC now owns 232 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 47 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of J.B. Hunt Transport Services by 34.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 188 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 48 shares in the last quarter. Hartford Funds Management Co LLC boosted its holdings in shares of J.B. Hunt Transport Services by 1.2% during the 4th quarter. Hartford Funds Management Co LLC now owns 4,189 shares of the transportation company’s stock valued at $814,000 after acquiring an additional 49 shares in the last quarter. Whittier Trust Co. boosted its holdings in shares of J.B. Hunt Transport Services by 39.1% during the 4th quarter. Whittier Trust Co. now owns 178 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 50 shares in the last quarter. Finally, Huntington National Bank boosted its holdings in shares of J.B. Hunt Transport Services by 6.7% during the 4th quarter. Huntington National Bank now owns 798 shares of the transportation company’s stock valued at $155,000 after acquiring an additional 50 shares in the last quarter. 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

About J.B. Hunt Transport Services

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.