Sowell Financial Services LLC increased its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Free Report) by 723.1% during the 3rd quarter, Holdings Channel reports. The fund owned 42,448 shares of the transportation company’s stock after purchasing an additional 37,291 shares during the quarter. Sowell Financial Services LLC’s holdings in C.H. Robinson Worldwide were worth $6,281,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Ascent Wealth Partners LLC purchased a new stake in C.H. Robinson Worldwide during the third quarter worth $571,000. Ervin Investment Management LLC acquired a new position in shares of C.H. Robinson Worldwide in the third quarter worth about $963,000. Evergreen Capital Management LLC raised its position in shares of C.H. Robinson Worldwide by 1,992.5% in the third quarter. Evergreen Capital Management LLC now owns 23,959 shares of the transportation company’s stock worth $3,545,000 after acquiring an additional 22,814 shares during the period. DHJJ Financial Advisors Ltd. purchased a new stake in shares of C.H. Robinson Worldwide during the 3rd quarter worth about $58,000. Finally, Bright Financial Advisors Inc. purchased a new stake in shares of C.H. Robinson Worldwide during the 3rd quarter worth about $425,000. 93.15% of the stock is currently owned by hedge funds and other institutional investors.
C.H. Robinson Worldwide Stock Performance
NASDAQ CHRW opened at $127.43 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 1.34. The stock’s fifty day moving average is $145.66 and its two-hundred day moving average is $169.81. The firm has a market capitalization of $14.89 billion, a P/E ratio of 22.88, a price-to-earnings-growth ratio of 1.06 and a beta of 0.94. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $123.93 and a fifty-two week high of $210.33.
C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The transportation company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.05. C.H. Robinson Worldwide had a net margin of 3.67% and a return on equity of 42.49%. The firm had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $4.92 billion. During the same quarter in the previous year, the company posted $1.40 EPS. The company’s revenue was up 29.5% compared to the same quarter last year. On average, research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 6.26 earnings per share for the current year.
C.H. Robinson Worldwide Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, September 4th. C.H. Robinson Worldwide’s dividend payout ratio is 48.09%.
Analysts Set New Price Targets
CHRW has been the subject of a number of analyst reports. Stifel Nicolaus reduced their price target on C.H. Robinson Worldwide from $209.00 to $198.00 and set a “buy” rating for the company in a report on Thursday. JPMorgan Chase & Co. cut their price objective on C.H. Robinson Worldwide from $198.00 to $174.00 and set an “overweight” rating for the company in a research report on Thursday. Freedom Capital raised C.H. Robinson Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft lowered C.H. Robinson Worldwide from a “buy” rating to a “hold” rating and set a $153.00 target price on the stock. in a research report on Monday, October 12th. Finally, UBS Group dropped their price target on shares of C.H. Robinson Worldwide from $230.00 to $204.00 and set a “buy” rating on the stock in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $182.92.
Check Out Our Latest Report on C.H. Robinson Worldwide
More C.H. Robinson Worldwide News
Here are the key news stories impacting C.H. Robinson Worldwide this week:
- Positive Sentiment: Third-quarter adjusted earnings were $1.80 per share, above the $1.75 consensus estimate and up from $1.40 a year earlier. Revenue rose 29.5% year over year to $5.36 billion, exceeding the $4.92 billion forecast. Higher freight pricing, market-share gains and efficiencies from the company’s Lean AI initiatives supported profitability. C.H. Robinson Reports 2026 Third Quarter Results
- Positive Sentiment: Several analysts maintained constructive ratings, including overweight ratings from JPMorgan and Wells Fargo and buy ratings from Citigroup, Truist Financial and Stifel Nicolaus. Their revised targets still imply substantial potential upside from recent trading levels. JPMorgan Analyst Rating
- Neutral Sentiment: Analysts broadly lowered their targets after the earnings report: JPMorgan cut its target to $174, Citigroup to $183, Truist to $180, Wells Fargo to $200, Stifel to $198 and Raymond James to $163. The continued buy or overweight ratings suggest confidence in the business, while the cuts indicate more cautious near-term expectations. Raymond James Price Target
- Negative Sentiment: Shares showed a muted reaction despite the earnings beat because operating expenses increased, raising concerns that higher costs could limit the benefit of stronger pricing and revenue growth. The resulting jittery trading and underperformance versus some transportation peers are weighing on sentiment. C.H. Robinson Shares Fall Despite Earnings Beat
C.H. Robinson Worldwide Company Profile
C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.
Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.
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