Rep. Julie Johnson Sells Off Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Representative Julie Johnson (D-Texas) recently sold shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in J.B. Hunt Transport Services stock on April 1st. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

J.B. Hunt Transport Services Stock Performance

Shares of NASDAQ JBHT traded up $0.19 during midday trading on Friday, hitting $148.05. 849,209 shares of the company’s stock were exchanged, compared to its average volume of 984,196. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 0.94. The stock’s 50 day moving average price is $139.52 and its 200-day moving average price is $162.87. The firm has a market cap of $14.69 billion, a P/E ratio of 26.63, a PEG ratio of 1.61 and a beta of 1.33. J.B. Hunt Transport Services, Inc. has a twelve month low of $122.79 and a twelve month high of $200.40.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its earnings results on Tuesday, April 15th. The transportation company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.02. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.92 billion. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. Equities research analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current year.

J.B. Hunt Transport Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.76 annualized dividend and a dividend yield of 1.19%. J.B. Hunt Transport Services’s dividend payout ratio is presently 31.94%.

Institutional Trading of J.B. Hunt Transport Services

Several large investors have recently added to or reduced their stakes in the company. Woodline Partners LP raised its stake in J.B. Hunt Transport Services by 23.1% during the 1st quarter. Woodline Partners LP now owns 65,660 shares of the transportation company’s stock valued at $9,714,000 after purchasing an additional 12,323 shares during the period. Empowered Funds LLC increased its stake in shares of J.B. Hunt Transport Services by 27.8% in the first quarter. Empowered Funds LLC now owns 1,770 shares of the transportation company’s stock worth $262,000 after acquiring an additional 385 shares during the last quarter. MBB Public Markets I LLC acquired a new position in shares of J.B. Hunt Transport Services in the first quarter worth $319,000. United Services Automobile Association acquired a new position in shares of J.B. Hunt Transport Services in the first quarter worth $293,000. Finally, Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of J.B. Hunt Transport Services by 958.7% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 15,828 shares of the transportation company’s stock worth $2,342,000 after acquiring an additional 14,333 shares during the last quarter. 74.95% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at J.B. Hunt Transport Services

In related news, COO Nicholas Hobbs purchased 1,529 shares of the company’s stock in a transaction dated Wednesday, April 23rd. The shares were acquired at an average cost of $130.75 per share, with a total value of $199,916.75. Following the completion of the purchase, the chief operating officer now owns 91,847 shares of the company’s stock, valued at $12,008,995.25. The trade was a 1.69% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Darren P. Field sold 1,200 shares of the company’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $161.67, for a total transaction of $194,004.00. Following the completion of the transaction, the executive vice president now directly owns 17,822 shares in the company, valued at $2,881,282.74. This trade represents a 6.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

JBHT has been the subject of a number of research analyst reports. Benchmark restated a “buy” rating and issued a $175.00 target price on shares of J.B. Hunt Transport Services in a research report on Wednesday, April 16th. Raymond James cut their target price on J.B. Hunt Transport Services from $190.00 to $165.00 and set an “outperform” rating for the company in a research report on Friday, April 11th. Susquehanna set a $140.00 target price on J.B. Hunt Transport Services and gave the stock a “neutral” rating in a research report on Wednesday, April 16th. Stephens cut their target price on J.B. Hunt Transport Services from $170.00 to $165.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Finally, UBS Group cut their target price on J.B. Hunt Transport Services from $196.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, J.B. Hunt Transport Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.00.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.