C.H. Robinson Worldwide (NASDAQ:CHRW) Downgraded by Wall Street Zen to Hold

Wall Street Zen lowered shares of C.H. Robinson Worldwide (NASDAQ:CHRW) from a buy rating to a hold rating in a report issued on Tuesday,Wall Street Zen reports.

A number of other brokerages have also issued reports on CHRW. Janney Montgomery Scott set a $155.00 target price on C.H. Robinson Worldwide in a research report on Tuesday, July 28th. Stifel Nicolaus increased their price objective on shares of C.H. Robinson Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a report on Friday, July 31st. Wolfe Research set a $196.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday, July 30th. JPMorgan Chase & Co. reduced their price target on shares of C.H. Robinson Worldwide from $225.00 to $198.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Stephens decreased their price target on shares of C.H. Robinson Worldwide from $225.00 to $215.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $196.00.

C.H. Robinson Worldwide Trading Down 4.0%

Shares of C.H. Robinson Worldwide stock opened at $135.05 on Tuesday. C.H. Robinson Worldwide has a 1 year low of $123.64 and a 1 year high of $210.33. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a market cap of $15.78 billion, a PE ratio of 25.77, a price-to-earnings-growth ratio of 1.18 and a beta of 0.94. The firm has a fifty day moving average price of $149.21 and a 200 day moving average price of $169.45.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Wednesday, July 29th. The transportation company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. C.H. Robinson Worldwide had a return on equity of 38.36% and a net margin of 3.73%.The firm had revenue of $4.93 billion for the quarter, compared to analyst estimates of $4.35 billion. During the same period last year, the company earned $1.29 earnings per share. C.H. Robinson Worldwide’s revenue for the quarter was up 19.3% compared to the same quarter last year. Equities research analysts predict that C.H. Robinson Worldwide will post 6.19 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 4th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, September 4th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 48.09%.

Institutional Trading of C.H. Robinson Worldwide

Hedge funds have recently modified their holdings of the stock. Byrne Asset Management LLC acquired a new stake in C.H. Robinson Worldwide in the 3rd quarter valued at about $154,000. Legacy Private Trust Co. purchased a new stake in shares of C.H. Robinson Worldwide during the third quarter worth approximately $519,000. Ridgewood Investments LLC acquired a new stake in C.H. Robinson Worldwide in the third quarter valued at approximately $341,000. Park National Corp OH raised its holdings in C.H. Robinson Worldwide by 414.8% in the third quarter. Park National Corp OH now owns 9,209 shares of the transportation company’s stock valued at $1,363,000 after acquiring an additional 7,420 shares in the last quarter. Finally, Neville Rodie & Shaw Inc. purchased a new position in C.H. Robinson Worldwide in the third quarter worth approximately $1,124,000. 93.15% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about C.H. Robinson Worldwide

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

• Positive Sentiment: The cash-and-stock acquisition would expand C.H. Robinson’s North American truck-brokerage network and create a logistics company with an enterprise value above $25 billion. Management expects approximately $300 million in annual cost synergies, stronger artificial-intelligence capabilities and earnings accretion in less than one year. C.H. Robinson to Benefit From RXO Acquisition
• Positive Sentiment: Chief Executive Officer David Boehler said rising diesel costs could accelerate consolidation among freight brokers. Greater scale could strengthen CHRW’s ability to compete, improve network efficiency and capture additional business as smaller operators face financial pressure. C.H. Robinson CEO Sees More Freight Broker Consolidation
• Neutral Sentiment: JPMorgan maintained an “overweight” rating while reducing its CHRW price target from $225 to $198. Other brokerage data cited a consensus target near $196.64, suggesting analysts still see substantial long-term upside if the acquisition is successfully integrated. JPMorgan Cuts C.H. Robinson Price Target
• Negative Sentiment: Investors are concerned that the purchase price could require additional debt and the issuance of new shares, creating dilution and increasing financial risk. The sharp reaction reflects skepticism about whether the projected synergies and rapid earnings accretion will offset the transaction’s cost and integration complexity. C.H. Robinson Falls After RXO Acquisition
• Negative Sentiment: Higher diesel prices are also a near-term industry headwind, potentially pressuring carriers, freight volumes and brokerage margins before consolidation benefits materialize. Why C.H. Robinson Stock Was Sliding

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 service providers. The company helps businesses plan, manage and execute the movement of freight across domestic and international markets.

Its services include truckload and less-than-truckload freight brokerage, intermodal transportation, ocean and air freight forwarding, customs services, and transportation management. C.H. Robinson also provides technology and data-driven tools designed to improve shipment planning, visibility, routing and logistics performance.

Founded in 1905 and headquartered in Eden Prairie, Minnesota, C.H.