J.B. Hunt Transport Services (NASDAQ:JBHT – Free Report) had its price target increased by TD Cowen from $209.00 to $228.00 in a report released on Thursday morning, Marketbeat.com reports. They currently have a hold rating on the transportation company’s stock.
A number of other equities analysts have also recently issued reports on JBHT. Sanford C. Bernstein lifted their target price on J.B. Hunt Transport Services from $158.00 to $195.00 and gave the stock a “market perform” rating in a report on Friday, January 9th. Citigroup upped their target price on J.B. Hunt Transport Services from $228.00 to $236.00 and gave the company a “neutral” rating in a report on Thursday. UBS Group increased their price target on J.B. Hunt Transport Services from $174.00 to $196.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Weiss Ratings restated a “hold (c)” rating on shares of J.B. Hunt Transport Services in a report on Friday, March 27th. Finally, Stifel Nicolaus raised their target price on shares of J.B. Hunt Transport Services from $201.00 to $205.00 and gave the stock a “hold” rating in a report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $222.14.
Get Our Latest Analysis on J.B. Hunt Transport Services
J.B. Hunt Transport Services Stock Up 2.8%
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last posted its quarterly earnings results on Wednesday, April 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.04. The firm had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.01 billion. J.B. Hunt Transport Services had a net margin of 5.13% and a return on equity of 17.30%. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.17 earnings per share. Equities research analysts forecast that J.B. Hunt Transport Services will post 6.37 earnings per share for the current fiscal year.
J.B. Hunt Transport Services Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were paid a $0.45 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 annualized dividend and a yield of 0.7%. This is an increase 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 27.86%.
Insider Activity
In other J.B. Hunt Transport Services news, SVP Jennifer Boattini sold 2,238 shares of J.B. Hunt Transport Services stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $232.00, for a total transaction of $519,216.00. Following the transaction, the senior vice president owned 16,650 shares of the company’s stock, valued at $3,862,800. The trade was a 11.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Bradley W. Hicks sold 4,028 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $225.13, for a total value of $906,823.64. Following the completion of the transaction, the insider owned 30,395 shares in the company, valued at $6,842,826.35. This represents a 11.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 25,945 shares of company stock worth $5,656,495. Corporate insiders own 2.50% of the company’s stock.
Institutional Investors Weigh In On J.B. Hunt Transport Services
Institutional investors have recently modified their holdings of the stock. State Street Corp grew its holdings in shares of J.B. Hunt Transport Services by 7.1% during the 2nd 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. Janus Henderson Group PLC raised its holdings in shares of J.B. Hunt Transport Services by 2.2% during the fourth quarter. Janus Henderson Group PLC now owns 3,940,833 shares of the transportation company’s stock worth $765,862,000 after acquiring an additional 84,149 shares in the last quarter. AQR Capital Management LLC boosted its position in J.B. Hunt Transport Services by 17.7% during the fourth quarter. AQR Capital Management LLC now owns 3,755,171 shares of the transportation company’s stock valued at $729,780,000 after purchasing an additional 565,605 shares during the last quarter. JPMorgan Chase & Co. boosted its position in J.B. Hunt Transport Services by 18.4% during the third quarter. JPMorgan Chase & Co. now owns 2,672,060 shares of the transportation company’s stock valued at $358,510,000 after purchasing an additional 416,167 shares during the last quarter. Finally, Invesco Ltd. grew its stake in J.B. Hunt Transport Services by 5.4% in the third quarter. Invesco Ltd. now owns 1,612,262 shares of the transportation company’s stock valued at $216,317,000 after purchasing an additional 82,939 shares in the last quarter. Institutional investors and hedge funds 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: JBHT reported $1.49 EPS vs. $1.45 expected and $3.06B revenue (roughly +4.6% YoY); management cited productivity-driven margin gains and record intermodal volume. Zacks: Q1 Earnings & Revenues Top Estimates
- Positive Sentiment: Management commentary and outlook-affirming remarks have the stock in rally mode, with bullish coverage arguing JBHT could head toward a $300 target as markets price in freight recovery. MarketBeat: JBHT Burns Rubber…
- Positive Sentiment: Analyst upgrades/price‑target lifts: Bank of America and Benchmark raised targets to $250 and issued “buy” ratings, adding short‑term upside support. TickerReport / Benzinga coverage
- Neutral Sentiment: Mixed analyst positioning: several firms raised targets but kept neutral/hold ratings (e.g., TD Cowen and Truist adjusted PTs upward while maintaining cautious stances). AmericanBankingNews: TD Cowen Forecast
- Neutral Sentiment: Operational context: press coverage highlights cost cuts and improved volumes offsetting fuel headwinds, supporting margin improvement but leaving sensitivity to fuel and spot market dynamics. MSN: Higher Quarterly Profit
- Negative Sentiment: Valuation concerns: several analysts/commentaries argue JBHT looks richly valued after the rally, warning upside beyond near‑term targets may be limited unless durable revenue momentum continues. Seeking Alpha: Valuation Seems Rich
- Negative Sentiment: Some price targets still imply downside — e.g., Truist’s updated $230 target suggests potential pullback from current levels, highlighting analyst disagreement on sustainable upside. Benzinga: Analyst Targets
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.
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