J.B. Hunt Transport Services (NASDAQ:JBHT) Now Covered by Citizens Jmp

Citizens Jmp initiated coverage on shares of J.B. Hunt Transport Services (NASDAQ:JBHT) in a research report report published on Wednesday, MarketBeat Ratings reports. The brokerage issued a market perform rating on the transportation company’s stock.

A number of other equities analysts have also recently commented on JBHT. Weiss Ratings cut shares of J.B. Hunt Transport Services from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, April 24th. UBS Group raised their price objective on shares of J.B. Hunt Transport Services from $221.00 to $286.00 and gave the stock a “neutral” rating in a research report on Monday. Wells Fargo & Company lifted their price objective on shares of J.B. Hunt Transport Services from $250.00 to $310.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. BMO Capital Markets increased their target price on shares of J.B. Hunt Transport Services from $250.00 to $320.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, Bank of America raised their price target on J.B. Hunt Transport Services from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.22.

J.B. Hunt Transport Services Stock Down 1.6%

Shares of NASDAQ JBHT opened at $276.28 on Wednesday. The business has a 50-day moving average of $272.26 and a two-hundred day moving average of $237.17. The company has a market capitalization of $26.05 billion, a price-to-earnings ratio of 42.77, a price-to-earnings-growth ratio of 2.04 and a beta of 1.29. J.B. Hunt Transport Services has a 1 year low of $130.12 and a 1 year high of $294.98. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.71 by $0.20. The firm had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.26 billion. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.31 earnings per share. On average, analysts forecast that J.B. Hunt Transport Services will post 7.32 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, May 8th. J.B. Hunt Transport Services’s dividend payout ratio is currently 27.86%.

Insider Transactions at J.B. Hunt Transport Services

In other news, COO Nicholas Hobbs sold 1,272 shares of the company’s stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $250.75, for a total transaction of $318,954.00. Following the transaction, the chief operating officer directly owned 91,736 shares of the company’s stock, valued at $23,002,802. This represents a 1.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Brian Webb sold 1,500 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $284.01, for a total transaction of $426,015.00. Following the completion of the transaction, the executive vice president owned 15,881 shares of the company’s stock, valued at $4,510,362.81. This represents a 8.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 18,119 shares of company stock valued at $4,736,095 in the last three months. Insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in JBHT. CYBER HORNET ETFs LLC acquired a new position in J.B. Hunt Transport Services in the 2nd quarter valued at $31,000. International Assets Investment Management LLC acquired a new position in shares of J.B. Hunt Transport Services in the 4th quarter valued at about $32,000. MUFG Securities EMEA plc acquired a new position in J.B. Hunt Transport Services during the second quarter valued at approximately $34,000. Whittier Trust Co. grew its stake in shares of J.B. Hunt Transport Services by 39.1% in the fourth quarter. Whittier Trust Co. now owns 178 shares of the transportation company’s stock valued at $37,000 after buying an additional 50 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in 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 purchasing an additional 48 shares in the last quarter. 74.95% of the stock is owned by hedge funds and other institutional investors.

J.B. Hunt Transport Services News Summary

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

• Positive Sentiment: Second-quarter EPS came in at $1.91, ahead of the $1.71 consensus, while revenue reached $3.50 billion versus expectations of $3.26 billion, showing better-than-expected demand and pricing. Business Wire earnings release
• Positive Sentiment: Net earnings rose to $181 million from $128.6 million a year ago, and the company said its largest segment posted a 22% revenue increase and 10% volume growth, signaling an improving freight environment. WSJ report
• Positive Sentiment: Several analysts raised price targets ahead of and after the report, including Susquehanna to $326 and Truist to $280, reflecting improved sentiment around JBHT’s earnings power. Analyst updates via Benzinga
• Neutral Sentiment: MarketWatch noted the stock underperformed some transportation peers on Wednesday, suggesting investors may be weighing the strong earnings against broader sector moves and valuation. MarketWatch comparison

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.