Aware Super Pty Ltd as trustee of Aware Super Makes New $8.68 Million Investment in J.B. Hunt Transport Services, Inc. $JBHT

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) during the first quarter, Holdings Channel.com reports. The fund bought 40,969 shares of the transportation company’s stock, valued at approximately $8,681,000.

Several other institutional investors and hedge funds have also recently modified their holdings of JBHT. CYBER HORNET ETFs LLC purchased a new position in J.B. Hunt Transport Services during the second quarter worth approximately $31,000. International Assets Investment Management LLC acquired a new position in J.B. Hunt Transport Services during the fourth quarter worth $32,000. MUFG Securities EMEA plc purchased a new position in J.B. Hunt Transport Services during the second quarter valued at $34,000. Whittier Trust Co. lifted its holdings in J.B. Hunt Transport Services by 39.1% during the fourth quarter. Whittier Trust Co. now owns 178 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 50 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in shares of J.B. Hunt Transport Services by 34.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 188 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 48 shares during the period. Hedge funds and other institutional investors own 74.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on JBHT. Morgan Stanley reissued an “underweight” rating and set a $200.00 target price (up from $190.00) on shares of J.B. Hunt Transport Services in a research note on Monday, July 6th. Bank of America boosted their price objective on J.B. Hunt Transport Services from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. UBS Group increased their target price on J.B. Hunt Transport Services from $286.00 to $291.00 and gave the company a “neutral” rating in a report on Thursday. Citizens Jmp began coverage on J.B. Hunt Transport Services in a research report on Wednesday. They issued a “market perform” rating on the stock. Finally, TD Cowen boosted their price target on J.B. Hunt Transport Services from $265.00 to $297.00 and gave the stock a “hold” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $286.30.

Trending Headlines about J.B. Hunt Transport Services

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

• Positive Sentiment: JBHT was added to Zacks’ “Strong Buy” momentum list, signaling improving technical and fundamental momentum. Best Momentum Stocks to Buy for July 17th
• Positive Sentiment: Analysts raised price targets after the earnings beat, including JPMorgan, Robert W. Baird, Barclays, Citigroup, and TD Cowen, reflecting confidence in the recovery and margin improvement.
• Positive Sentiment: Reports highlighted shrinking trucking capacity and a shift toward intermodal freight, which could support stronger pricing and volume trends for JBHT. J.B. Hunt Stock Could Reach $340 as Trucking Capacity Shrinks
• Positive Sentiment: JBHT was also featured on relative-strength and momentum screens, indicating that investors see it as one of the stronger names in a choppy market. 5 Top Stocks With Relative Price Strength to Buy Right Now
• Neutral Sentiment: One Zacks article cautioned that while earnings growth and estimate revisions support the rally, the stock’s premium valuation means investors should remain selective. Is JBHT Stock too Expensive or Still Attractive After Its Rally?
• Neutral Sentiment: Analysts’ consensus remains constructive, with coverage still centered around a “Moderate Buy” view.

Insider Activity at J.B. Hunt Transport Services

In other news, EVP David Keefauver sold 703 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $285.13, for a total transaction of $200,446.39. Following the sale, the executive vice president owned 790 shares of the company’s stock, valued at approximately $225,252.70. This represents a 47.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Spencer Frazier sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $258.20, for a total transaction of $516,400.00. Following the completion of the transaction, the executive vice president directly owned 4,604 shares of the company’s stock, valued at approximately $1,188,752.80. The trade was a 30.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 18,119 shares of company stock valued at $4,736,095. 2.50% of the stock is owned by company insiders.

J.B. Hunt Transport Services Stock Down 2.3%

J.B. Hunt Transport Services stock opened at $291.41 on Friday. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $130.12 and a fifty-two week high of $299.76. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a 50 day moving average price of $274.31 and a 200 day moving average price of $238.25. The company has a market capitalization of $27.48 billion, a PE ratio of 41.28, a price-to-earnings-growth ratio of 2.11 and a beta of 1.29.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.20. J.B. Hunt Transport Services had a return on equity of 18.75% and a net margin of 5.31%.The company had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same period in the prior year, the firm earned $1.31 earnings per share. The firm’s revenue was up 19.4% compared to the same quarter last year. Research analysts expect that J.B. Hunt Transport Services, Inc. will post 7.54 earnings per share for the current year.

J.B. Hunt Transport Services Dividend Announcement

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

J.B. Hunt Transport Services 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.