Natixis Advisors LLC cut its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT – Free Report) by 16.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 13,341 shares of the transportation company’s stock after selling 2,705 shares during the period. Natixis Advisors LLC’s holdings in J.B. Hunt Transport Services were worth $2,593,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of JBHT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in J.B. Hunt Transport Services by 74.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,643 shares of the transportation company’s stock worth $2,314,000 after acquiring an additional 6,668 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in J.B. Hunt Transport Services by 3.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 433,661 shares of the transportation company’s stock worth $64,160,000 after acquiring an additional 13,729 shares in the last quarter. Empowered Funds LLC lifted its position in J.B. Hunt Transport Services by 27.8% during the 1st quarter. Empowered Funds LLC now owns 1,770 shares of the transportation company’s stock worth $262,000 after acquiring an additional 385 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in J.B. Hunt Transport Services during the 2nd quarter worth approximately $539,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in J.B. Hunt Transport Services by 21.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 583 shares of the transportation company’s stock worth $84,000 after acquiring an additional 101 shares in the last quarter. 74.95% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, EVP Darren P. Field sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $254.49, for a total value of $1,017,960.00. Following the completion of the sale, the executive vice president directly owned 8,696 shares in the company, valued at approximately $2,213,045.04. The trade was a 31.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Brian Webb sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $284.01, for a total value of $426,015.00. Following the completion of the sale, the executive vice president owned 15,881 shares of the company’s stock, valued at $4,510,362.81. This trade represents a 8.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 18,119 shares of company stock worth $4,736,095. Corporate insiders own 2.50% of the company’s stock.
J.B. Hunt Transport Services Stock Performance
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last announced its earnings results on Wednesday, April 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the prior year, the company posted $1.17 EPS. J.B. Hunt Transport Services’s quarterly revenue was up 4.6% on a year-over-year basis. Analysts forecast that J.B. Hunt Transport Services, Inc. will post 7.27 EPS for the current fiscal year.
J.B. Hunt Transport Services Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, May 8th. J.B. Hunt Transport Services’s payout ratio is 27.86%.
Analyst Ratings Changes
Several equities analysts recently commented on JBHT shares. Weiss Ratings lowered J.B. Hunt Transport Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Barclays boosted their price target 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. Robert W. Baird upped their target price on J.B. Hunt Transport Services from $215.00 to $236.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Bank of America upped their target price on J.B. Hunt Transport Services from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Finally, Susquehanna upped their target price on J.B. Hunt Transport Services from $250.00 to $290.00 and gave the company a “positive” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, J.B. Hunt Transport Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.83.
Check Out Our Latest Stock Report on JBHT
Key Stories Impacting J.B. Hunt Transport Services
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. Get Our Latest Analysis on JBHT
- 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
About J.B. Hunt Transport Services
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.
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