J.B. Hunt Transport Services, Inc. $JBHT Holdings Decreased by Natixis Advisors LLC

Natixis Advisors LLC trimmed its position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) by 16.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,341 shares of the transportation company’s stock after selling 2,705 shares during the quarter. Natixis Advisors LLC’s holdings in J.B. Hunt Transport Services were worth $2,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. State Street Corp increased its position in J.B. Hunt Transport Services by 7.1% in the second quarter. State Street Corp now owns 4,122,669 shares of the transportation company’s stock worth $592,015,000 after buying an additional 272,594 shares during the period. AQR Capital Management LLC increased its position in J.B. Hunt Transport Services by 77.2% in the third quarter. AQR Capital Management LLC now owns 3,189,566 shares of the transportation company’s stock worth $426,126,000 after buying an additional 1,389,723 shares during the period. JPMorgan Chase & Co. increased its position in J.B. Hunt Transport Services by 18.4% in the third quarter. JPMorgan Chase & Co. now owns 2,672,060 shares of the transportation company’s stock worth $358,510,000 after buying an additional 416,167 shares during the period. Invesco Ltd. increased its position in J.B. Hunt Transport Services by 5.4% in the third quarter. Invesco Ltd. now owns 1,612,262 shares of the transportation company’s stock worth $216,317,000 after buying an additional 82,939 shares during the period. Finally, Norges Bank acquired a new stake in J.B. Hunt Transport Services in the fourth quarter worth $200,587,000. 74.95% of the stock is owned by institutional investors and hedge funds.

J.B. Hunt Transport Services News Roundup

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

• Positive Sentiment: Zacks highlighted JBHT as a strong momentum stock, reinforcing the case for continued investor interest. Here’s Why JB Hunt (JBHT) is a Strong Momentum Stock
• Positive Sentiment: Wells Fargo raised its price target on JBHT to $310 and reiterated an overweight view, which may be helping sentiment around the stock.
• Positive Sentiment: The company’s conference presentation at Wells Fargo’s Industrials & Materials event may have reminded investors of management’s ongoing operating story and strategic positioning. J.B. Hunt Transport Services, Inc. (JBHT) Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript
• Neutral Sentiment: Short interest was reported at zero shares, so this update does not point to any meaningful bearish positioning or squeeze setup.
• Neutral Sentiment: Several articles framed JBHT as a value or “good stock to buy now” candidate, but these were largely opinion pieces rather than direct catalysts. ARCB or JBHT: Which Is the Better Value Stock Right Now?
• Negative Sentiment: EVP David Keefauver sold 703 shares, and EVP Brian Webb sold 1,500 shares, which may weigh on sentiment because of insider-selling concerns. SEC filing for David Keefauver transaction SEC filing for Brian Webb transaction

Insider Buying and Selling

In other news, COO Nicholas Hobbs sold 1,272 shares of the stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $250.75, for a total value of $318,954.00. Following the completion of the transaction, the chief operating officer owned 91,736 shares of the company’s stock, valued at approximately $23,002,802. This represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Brian Webb sold 1,500 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $284.01, for a total value of $426,015.00. Following the transaction, the executive vice president directly 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. In the last 90 days, insiders have sold 18,119 shares of company stock valued at $4,736,095. Company insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on JBHT. Barclays increased their target price on J.B. Hunt Transport Services from $200.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 16th. Wells Fargo & Company increased their target price on J.B. Hunt Transport Services from $250.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday. Raymond James Financial reaffirmed an “outperform” rating and issued a $240.00 target price on shares of J.B. Hunt Transport Services in a research report on Wednesday, April 15th. Wall Street Zen raised J.B. Hunt Transport Services from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Robert W. Baird increased their target price on J.B. Hunt Transport Services from $215.00 to $236.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $233.83.

J.B. Hunt Transport Services Trading Down 0.3%

NASDAQ:JBHT opened at $287.19 on Wednesday. J.B. Hunt Transport Services, Inc. has a 1 year low of $130.12 and a 1 year high of $293.54. The stock has a market cap of $27.08 billion, a price-to-earnings ratio of 44.46, a PEG ratio of 2.14 and a beta of 1.30. The business has a fifty day moving average of $248.42 and a 200-day moving average of $220.24. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.26 and a current ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Wednesday, April 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.04. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.The company had revenue of $3.06 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the prior year, the business posted $1.17 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. Equities analysts predict that J.B. Hunt Transport Services, Inc. will post 7.27 earnings per share for the current year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were paid a $0.45 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 0.6%. J.B. Hunt Transport Services’s dividend payout ratio is presently 27.86%.

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.