ProShare Advisors LLC Sells 82,811 Shares of C.H. Robinson Worldwide, Inc. $CHRW

ProShare Advisors LLC lowered its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 9.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 812,199 shares of the transportation company’s stock after selling 82,811 shares during the quarter. ProShare Advisors LLC’s holdings in C.H. Robinson Worldwide were worth $120,173,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. WCM Investment Management LLC acquired a new position in C.H. Robinson Worldwide in the first quarter valued at approximately $579,922,000. Bank of New York Mellon Corp bought a new position in shares of C.H. Robinson Worldwide in the second quarter worth about $172,626,000. Hamlin Capital Management LLC bought a new stake in shares of C.H. Robinson Worldwide in the third quarter valued at about $123,176,000. Vontobel Holding Ltd. increased its stake in C.H. Robinson Worldwide by 47,894.2% in the third quarter. Vontobel Holding Ltd. now owns 831,259 shares of the transportation company’s stock valued at $122,993,000 after acquiring an additional 829,527 shares during the period. Finally, Sei Investments Co. increased its position in shares of C.H. Robinson Worldwide by 532.7% during the 1st quarter. Sei Investments Co. now owns 659,932 shares of the transportation company’s stock worth $109,594,000 after purchasing an additional 555,631 shares in the last quarter. 93.15% of the stock is currently owned by institutional investors.

C.H. Robinson Worldwide Stock Performance

Shares of CHRW stock opened at $124.61 on Friday. The firm’s 50 day moving average is $145.28 and its 200 day moving average is $169.57. The stock has a market capitalization of $14.56 billion, a P/E ratio of 22.37, a PEG ratio of 1.03 and a beta of 0.94. C.H. Robinson Worldwide, Inc. has a 12 month low of $122.21 and a 12 month high of $210.33. The company has a current ratio of 1.34, a quick ratio of 1.58 and a debt-to-equity ratio of 0.91.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Wednesday, October 28th. The transportation company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.05. C.H. Robinson Worldwide had a net margin of 3.67% and a return on equity of 42.49%. The business had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $4.92 billion. During the same period last year, the business earned $1.40 earnings per share. The business’s quarterly revenue was up 29.5% on a year-over-year basis. On average, sell-side analysts anticipate that C.H. Robinson Worldwide, Inc. will post 6.34 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 4th were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 2.0%. The ex-dividend date was Friday, September 4th. C.H. Robinson Worldwide’s dividend payout ratio is presently 45.24%.

More C.H. Robinson Worldwide News

Here are the key news stories impacting C.H. Robinson Worldwide this week:

• Positive Sentiment: Q3 earnings beat expectations: Adjusted earnings reached $1.80 per share versus the $1.75 consensus, while revenue rose 29.5% year over year to $5.36 billion, exceeding estimates of $4.92 billion. Higher freight pricing, market-share gains and efficiencies from the company’s Lean AI initiatives supported profitability. C.H. Robinson Q3 Earnings Top Estimates on Pricing and Lean AI Gains
• Positive Sentiment: Analysts remain broadly bullish: JPMorgan, Wells Fargo and other firms maintained overweight or buy ratings. Their revised targets—from $163 to $200—still imply substantial potential upside from recent trading levels.
• Neutral Sentiment: Post-earnings trading has been volatile: Reports described “jittery” trading and noted that CHRW underperformed transportation-sector peers, indicating that investors are weighing the earnings beat against concerns about the outlook and cost structure. Jittery trading on C.H. Robinson Despite an Earnings Topper
• Negative Sentiment: Multiple price targets were lowered: JPMorgan cut its target to $174 from $198, Citigroup to $183 from $185, Truist to $180 from $200, Wells Fargo to $200 from $215, and Stifel to $198 from $209. The reductions suggest analysts see less near-term upside or greater execution risk, despite retaining positive ratings. C.H. Robinson Price Target Lowered at Raymond James
• Negative Sentiment: Higher costs are limiting the earnings reaction: Although revenue and adjusted earnings increased, rising operating expenses raised concerns about margin sustainability and helped push shares lower after the report. C.H. Robinson Shares Fall Despite Q3 Earnings Beat as Operating Costs Rise

Wall Street Analyst Weigh In

CHRW has been the subject of a number of analyst reports. Truist Financial restated a “buy” rating and set a $180.00 price objective (down from $200.00) on shares of C.H. Robinson Worldwide in a report on Thursday. Bank of America reissued a “buy” rating on shares of C.H. Robinson Worldwide in a report on Thursday. Citigroup dropped their price target on C.H. Robinson Worldwide from $185.00 to $183.00 and set a “buy” rating for the company in a research note on Thursday. Stifel Nicolaus dropped their price objective on shares of C.H. Robinson Worldwide from $209.00 to $198.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Raymond James Financial set a $163.00 target price on C.H. Robinson Worldwide in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, C.H. Robinson Worldwide currently has a consensus rating of “Moderate Buy” and an average target price of $182.92.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.

Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.