137,144 Werner Enterprises, Inc. $WERN Shares Acquired by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. lifted its position in shares of Werner Enterprises, Inc. (NASDAQ:WERN) by 69.2% during the third quarter, HoldingsChannel reports. The fund owned 335,406 shares of the transportation company’s stock after acquiring an additional 137,144 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Werner Enterprises were worth $11,397,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in WERN. Allworth Financial LP purchased a new position in Werner Enterprises during the second quarter worth about $38,000. Farther Finance Advisors LLC lifted its position in Werner Enterprises by 185.4% in the third quarter. Farther Finance Advisors LLC now owns 1,216 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 790 shares during the period. Global Retirement Partners LLC acquired a new stake in Werner Enterprises in the second quarter valued at about $45,000. Integrated Wealth Concepts LLC purchased a new stake in Werner Enterprises in the 2nd quarter valued at approximately $65,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Werner Enterprises by 40.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,266 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 942 shares in the last quarter. 89.32% of the stock is currently owned by institutional investors and hedge funds.

Werner Enterprises News Roundup

Here are the key news stories impacting Werner Enterprises this week:

• Neutral Sentiment: Werner guided for third-quarter 2026 revenue of $946 million to $951 million, slightly below the $954.7 million consensus estimate. This suggests revenue is holding relatively close to expectations, but does not offset the earnings shortfall.
• Neutral Sentiment: Barclays reduced its price target from $40 to $38 while maintaining an “equal weight” rating. The new target remains materially above the recent share price, indicating potential valuation upside, but the target cut signals more cautious expectations. Werner Enterprises earnings expectations
• Neutral Sentiment: A broader article describes Werner’s role in the U.S. supply chain, but provides limited new information about near-term earnings or valuation. The Heartbeat of the American Supply Chain
• Negative Sentiment: Werner cut third-quarter EPS guidance to $0.15–$0.16, far below the $0.36 analyst consensus. The substantial earnings gap is the clearest reason for recent selling pressure and raises concerns about margins and operating leverage. Werner Enterprises third-quarter earnings guidance
• Negative Sentiment: Robert W. Baird downgraded Werner from “strong buy” to “hold,” adding to the caution surrounding the stock.
• Negative Sentiment: An early third-quarter readout reportedly missed expectations, reinforcing concerns ahead of the full earnings release. Werner Enterprises Shares Slump as Early Third-Quarter Readout Misses Expectations

Werner Enterprises Stock Performance

Shares of WERN opened at $29.88 on Thursday. The company has a 50-day simple moving average of $35.84 and a 200-day simple moving average of $37.98. The company has a quick ratio of 1.42, a current ratio of 1.45 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $1.79 billion, a PE ratio of -39.32 and a beta of 1.29. Werner Enterprises, Inc. has a 52-week low of $23.06 and a 52-week high of $47.49.

Werner Enterprises (NASDAQ:WERN) last announced its quarterly earnings data on Tuesday, July 28th. The transportation company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). The company had revenue of $813.36 million during the quarter, compared to analyst estimates of $931.12 million. Werner Enterprises had a negative net margin of 1.42% and a positive return on equity of 1.18%. The firm’s revenue for the quarter was up 24.0% on a year-over-year basis. During the same quarter last year, the business earned $0.11 EPS. Equities research analysts predict that Werner Enterprises, Inc. will post 0.98 earnings per share for the current fiscal year.

Werner Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Monday, October 5th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, October 5th. Werner Enterprises’s dividend payout ratio is presently -73.68%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on WERN shares. TD Cowen dropped their target price on Werner Enterprises from $43.00 to $41.00 and set a “hold” rating on the stock in a research report on Wednesday, July 29th. Evercore raised Werner Enterprises from an “underperform” rating to an “in-line” rating in a research note on Wednesday, July 1st. Bank of America reduced their price target on Werner Enterprises from $40.00 to $32.00 and set an “underperform” rating for the company in a report on Tuesday. Citigroup decreased their price target on Werner Enterprises from $43.00 to $37.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Werner Enterprises in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Werner Enterprises has an average rating of “Hold” and an average target price of $38.85.

About Werner Enterprises

Werner Enterprises, Inc is a transportation and logistics company headquartered in Omaha, Nebraska. Founded in 1956 by Clarence L. Werner, the company provides freight transportation and supply chain services to customers across North America.

The company’s operations include truckload transportation, dedicated transportation, and regional truckload services. Werner also provides logistics services, including freight brokerage, intermodal transportation, cross-border transportation, and supply chain management solutions.