Fifth Third Bancorp Buys 8,046 Shares of C.H. Robinson Worldwide, Inc. $CHRW

Fifth Third Bancorp boosted its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 129.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,257 shares of the transportation company’s stock after purchasing an additional 8,046 shares during the period. Fifth Third Bancorp’s holdings in C.H. Robinson Worldwide were worth $2,292,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Danske Bank A S lifted its holdings in C.H. Robinson Worldwide by 19.7% during the 4th quarter. Danske Bank A S now owns 84,609 shares of the transportation company’s stock valued at $13,602,000 after buying an additional 13,900 shares in the last quarter. Mutual Advisors LLC lifted its holdings in C.H. Robinson Worldwide by 34.1% during the 4th quarter. Mutual Advisors LLC now owns 9,177 shares of the transportation company’s stock valued at $1,475,000 after buying an additional 2,336 shares in the last quarter. Sigma Planning Corp bought a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at about $219,000. Cullinan Associates Inc. raised its holdings in shares of C.H. Robinson Worldwide by 64.4% in the 4th quarter. Cullinan Associates Inc. now owns 50,300 shares of the transportation company’s stock valued at $8,086,000 after purchasing an additional 19,700 shares in the last quarter. Finally, New York State Teachers Retirement System raised its holdings in shares of C.H. Robinson Worldwide by 6.0% in the 4th quarter. New York State Teachers Retirement System now owns 104,269 shares of the transportation company’s stock valued at $16,762,000 after purchasing an additional 5,877 shares in the last quarter. Institutional investors own 93.15% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Weiss Ratings lowered shares of C.H. Robinson Worldwide from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. Susquehanna reduced their price target on shares of C.H. Robinson Worldwide from $220.00 to $215.00 and set a “positive” rating for the company in a report on Wednesday, April 22nd. Wolfe Research restated an “outperform” rating and issued a $188.00 price target on shares of C.H. Robinson Worldwide in a report on Thursday, January 8th. UBS Group set a $160.00 price target on shares of C.H. Robinson Worldwide in a report on Thursday, January 29th. Finally, Morgan Stanley boosted their price target on shares of C.H. Robinson Worldwide from $85.00 to $90.00 and gave the company an “underweight” rating in a report on Thursday, January 29th. Fifteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.27.

Insider Activity

In related news, insider Michael John Short sold 6,368 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $201.30, for a total transaction of $1,281,878.40. Following the completion of the transaction, the insider owned 52,101 shares in the company, valued at $10,487,931.30. The trade was a 10.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Arun Rajan acquired 605 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Thursday, February 12th. The shares were purchased at an average price of $167.11 per share, with a total value of $101,101.55. Following the purchase, the insider owned 133,656 shares in the company, valued at $22,335,254.16. This represents a 0.45% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 2,422 shares of company stock worth $400,801 over the last 90 days. 0.37% of the stock is currently owned by insiders.

C.H. Robinson Worldwide Stock Performance

NASDAQ CHRW opened at $177.30 on Monday. The company has a quick ratio of 1.53, a current ratio of 1.59 and a debt-to-equity ratio of 0.79. The firm has a market cap of $20.89 billion, a PE ratio of 35.89, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94. The company has a 50 day moving average price of $175.82 and a 200 day moving average price of $167.35. C.H. Robinson Worldwide, Inc. has a 52 week low of $86.58 and a 52 week high of $203.34.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, April 29th. The transportation company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.24 by $0.11. The firm had revenue of $4.01 billion during the quarter, compared to analyst estimates of $4.05 billion. C.H. Robinson Worldwide had a net margin of 3.70% and a return on equity of 35.49%. C.H. Robinson Worldwide’s revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.17 EPS. As a group, sell-side analysts forecast that C.H. Robinson Worldwide, Inc. will post 6.05 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Friday, March 6th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, March 6th. C.H. Robinson Worldwide’s payout ratio is 51.01%.

Key Stories Impacting C.H. Robinson Worldwide

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

• Positive Sentiment: Multiple brokerages raised targets/ratings for CHRW (Stifel raised to $207 and assigned a Buy; Wells Fargo raised to $215 and kept an Overweight; JPMorgan raised to $196 and moved to Overweight; TD Cowen to $196). These upgrades signal continued analyst confidence in CHRW’s longer-term earnings power. Price Target Raises Wells Fargo Note
• Positive Sentiment: CHRW beat on EPS (reported $1.35 vs. ~$1.25 consensus) and showed year?over?year EPS improvement — a bullish datapoint for profitability and margin recovery. Earnings Beat
• Neutral Sentiment: Zacks and other outlets published constructive write-ups on CHRW’s growth characteristics and key metrics, useful for investors assessing style/quality scores but not immediate catalysts. Zacks Growth Piece
• Neutral Sentiment: Q1 supplemental materials and the earnings?call transcript are available for detail into guidance, segment trends and margins — important for modeling but not single-day drivers. Earnings Call Transcript Presentation
• Negative Sentiment: Top-line weakness: Q1 revenue slightly missed estimates (sales below analyst estimates), driven by lower ocean and truckload volumes and weaker ocean pricing — a revenue softness that can pressure near?term multiples despite the EPS beat. Revenue Miss

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.