J.B. Hunt Transport Services (NASDAQ:JBHT – Free Report) had its target price lifted by Bank of America from $225.00 to $250.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the transportation company’s stock.
Several other research firms also recently commented on JBHT. Wolfe Research reiterated an “outperform” rating and issued a $214.00 price target on shares of J.B. Hunt Transport Services in a research report on Thursday, January 8th. Raymond James Financial reissued an “outperform” rating and set a $240.00 price objective on shares of J.B. Hunt Transport Services in a research report on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of J.B. Hunt Transport Services from $176.00 to $211.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Vertical Research cut shares of J.B. Hunt Transport Services from a “strong-buy” rating to a “hold” rating and set a $200.00 target price for the company. in a report on Thursday, January 8th. Finally, Benchmark increased their target price on shares of J.B. Hunt Transport Services from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, J.B. Hunt Transport Services has a consensus rating of “Moderate Buy” and a consensus target price of $222.14.
Check Out Our Latest Analysis on JBHT
J.B. Hunt Transport Services Trading Up 2.8%
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last posted its quarterly earnings data on Wednesday, April 15th. The transportation company reported $1.49 earnings per share for the quarter, beating the consensus estimate 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 17.30% and a net margin of 5.13%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.17 earnings per share. On average, research analysts predict that J.B. Hunt Transport Services will post 6.37 EPS 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. Investors of record on Friday, February 6th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.44. The ex-dividend date was Friday, February 6th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 27.86%.
Insider Activity
In other J.B. Hunt Transport Services news, EVP Ronald Greer Woodruff sold 1,391 shares of the business’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $207.00, for a total transaction of $287,937.00. Following the sale, the executive vice president directly owned 4,019 shares in the company, valued at approximately $831,933. The trade was a 25.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Nicholas Hobbs sold 3,038 shares of the company’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $201.97, for a total transaction of $613,584.86. Following the transaction, the chief operating officer directly owned 90,318 shares in the company, valued at approximately $18,241,526.46. This trade represents a 3.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,945 shares of company stock valued at $5,656,495 over the last three months. 2.50% of the stock is currently owned by corporate insiders.
Institutional Trading of J.B. Hunt Transport Services
Several hedge funds and other institutional investors have recently made changes to their positions in JBHT. Root Financial Partners LLC grew its position in J.B. Hunt Transport Services by 25.4% during the fourth quarter. Root Financial Partners LLC now owns 232 shares of the transportation company’s stock worth $45,000 after buying an additional 47 shares during the period. CIBC Private Wealth Group LLC increased its holdings in J.B. Hunt Transport Services by 34.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 188 shares of the transportation company’s stock valued at $37,000 after buying an additional 48 shares in the last quarter. Hartford Funds Management Co LLC lifted its position 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 during the period. Whittier Trust Co. lifted its position 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 during the period. Finally, Huntington National Bank boosted its stake 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 worth $155,000 after acquiring an additional 50 shares in the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.
Key J.B. Hunt Transport Services News
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
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.
Further Reading
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