AdvisorShares Investments LLC bought a new stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT – Free Report) during the third quarter, Holdings Channel reports. The fund bought 3,229 shares of the transportation company’s stock, valued at approximately $433,000.
Several other hedge funds have also recently modified their holdings of JBHT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of J.B. Hunt Transport Services by 74.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,643 shares of the transportation company’s stock valued at $2,314,000 after purchasing an additional 6,668 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in J.B. Hunt Transport Services by 3.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 433,661 shares of the transportation company’s stock valued at $64,160,000 after acquiring an additional 13,729 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of J.B. Hunt Transport Services by 27.8% in the 1st quarter. Empowered Funds LLC now owns 1,770 shares of the transportation company’s stock valued at $262,000 after acquiring an additional 385 shares during the period. Sivia Capital Partners LLC bought a new position in shares of J.B. Hunt Transport Services in the 2nd quarter worth $539,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of J.B. Hunt Transport Services during the 2nd quarter worth $51,000. Hedge funds and other institutional investors own 74.95% of the company’s stock.
J.B. Hunt Transport Services Price Performance
Shares of NASDAQ:JBHT opened at $227.91 on Monday. J.B. Hunt Transport Services, Inc. has a twelve month low of $122.79 and a twelve month high of $229.44. The company has a current ratio of 0.83, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. The company has a market cap of $21.70 billion, a PE ratio of 37.12, a price-to-earnings-growth ratio of 1.85 and a beta of 1.27. The company’s 50 day moving average is $201.60 and its 200 day moving average is $168.28.
J.B. Hunt Transport Services declared that its Board of Directors has initiated a share repurchase 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 typically a sign that the company’s management believes its stock is undervalued.
J.B. Hunt Transport Services Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Friday, February 6th will be issued a $0.45 dividend. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Friday, February 6th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. J.B. Hunt Transport Services’s payout ratio is presently 29.32%.
Insider Activity
In related news, EVP Darren P. Field sold 9,000 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $219.76, for a total value of $1,977,840.00. Following the completion of the transaction, the executive vice president directly owned 10,736 shares in the company, valued at $2,359,343.36. The trade was a 45.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Ronald Greer Woodruff sold 331 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $225.57, for a total transaction of $74,663.67. Following the sale, the executive vice president owned 4,019 shares in the company, valued at approximately $906,565.83. This represents a 7.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,316 shares of company stock valued at $6,727,749 over the last 90 days. Company insiders own 2.30% of the company’s stock.
More J.B. Hunt Transport Services News
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.
Wall Street Analyst Weigh In
A number of brokerages have commented on JBHT. 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 report on Tuesday, January 20th. Stephens reissued an “overweight” rating and set a $180.00 target price on shares of J.B. Hunt Transport Services in a research report on Thursday, October 16th. TD Cowen reaffirmed a “hold” rating on shares of J.B. Hunt Transport Services in a report on Monday, January 12th. Wolfe Research reiterated an “outperform” rating and set a $214.00 price objective on shares of J.B. Hunt Transport Services in a report on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft set a $227.00 target price on J.B. Hunt Transport Services in a research note on Thursday, December 11th. One equities research 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 stock. According to MarketBeat.com, J.B. Hunt Transport Services has an average rating of “Moderate Buy” and a consensus target price of $200.05.
Check Out Our Latest Research Report on J.B. Hunt Transport Services
J.B. Hunt Transport Services 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.
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