Analysts Set Hub Group, Inc. (NASDAQ:HUBG) Target Price at $43.31

Shares of Hub Group, Inc. (NASDAQ:HUBG) have been given an average rating of “Hold” by the sixteen analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $43.3077.

Several brokerages have recently issued reports on HUBG. Zacks Research raised Hub Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Hub Group in a research report on Wednesday, June 24th. Benchmark decreased their target price on Hub Group from $50.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $48.00 target price on shares of Hub Group in a report on Wednesday, April 15th.

More Hub Group News

Here are the key news stories impacting Hub Group this week:

• Positive Sentiment: The stock’s move higher, while trading above its 50-day and 200-day moving averages, suggests investors may be viewing the latest legal notices as an already recognized risk rather than a fresh deterioration in Hub Group’s operating outlook.
• Neutral Sentiment: Brokerages have assigned Hub Group a consensus “Hold” rating, indicating limited near-term conviction among analysts and no clear upgrade catalyst. Hub Group Consensus Hold Rating
• Negative Sentiment: Multiple law firms reiterated that investors who purchased HUBG securities between April 28, 2023, and May 11, 2026, may apply to lead the securities class action by August 28. The lawsuit alleges violations of federal securities laws by Hub Group and certain executives. Bronstein Gewirtz Grossman Class Action Notice
• Negative Sentiment: The allegations center on potentially erroneous financial statements and claims that Hub Group understated approximately $77 million in purchased-transportation costs across three quarters while portraying cost controls and network optimization as reducing expenses. The legal notices reference an approximately 31% historical stock decline. These claims remain allegations, and the notices do not establish liability. Hub Group Shareholder Alert

Hedge Funds Weigh In On Hub Group

A number of institutional investors and hedge funds have recently bought and sold shares of HUBG. Northwestern Mutual Wealth Management Co. raised its stake in Hub Group by 265.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 468 shares during the last quarter. Torren Management LLC acquired a new stake in Hub Group in the 4th quarter worth $31,000. Quarry LP grew its position in Hub Group by 271.5% in the 3rd quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock worth $38,000 after purchasing an additional 809 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Hub Group by 33.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after purchasing an additional 321 shares during the period. Finally, State of Wyoming bought a new position in shares of Hub Group during the 1st quarter worth about $52,000. Institutional investors own 46.77% of the company’s stock.

Hub Group Stock Performance

NASDAQ HUBG opened at $47.80 on Friday. Hub Group has a 1 year low of $32.90 and a 1 year high of $53.26. The company has a fifty day simple moving average of $46.08 and a 200 day simple moving average of $42.84. The company has a market cap of $2.92 billion, a P/E ratio of 27.63, a P/E/G ratio of 1.36 and a beta of 1.22.

Hub Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th were paid a $0.125 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.50 annualized dividend and a dividend yield of 1.0%. Hub Group’s dividend payout ratio (DPR) is presently 28.90%.

About Hub Group

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.