C.H. Robinson Worldwide (NASDAQ:CHRW) Price Target Raised to $196.00

C.H. Robinson Worldwide (NASDAQ:CHRW) had its price objective upped by JPMorgan Chase & Co. from $180.00 to $196.00 in a research note issued to investors on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the transportation company’s stock.

Other analysts have also issued reports about the stock. Wolfe Research reissued an “outperform” rating and set a $188.00 target price on shares of C.H. Robinson Worldwide in a research note on Thursday, January 8th. Stifel Nicolaus increased their target price on shares of C.H. Robinson Worldwide from $184.00 to $202.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Barclays upped their price target on shares of C.H. Robinson Worldwide from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday. Truist Financial upped their price target on shares of C.H. Robinson Worldwide from $190.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Evercore upped their price target on shares of C.H. Robinson Worldwide from $196.00 to $219.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Fifteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $192.27.

C.H. Robinson Worldwide Stock Down 2.5%

CHRW stock opened at $177.30 on Thursday. C.H. Robinson Worldwide has a 12 month low of $86.58 and a 12 month high of $203.34. The firm has a market cap of $20.89 billion, a PE ratio of 35.89, a P/E/G ratio of 1.83 and a beta of 0.94. The firm has a 50 day simple moving average of $175.82 and a 200 day simple moving average of $167.08. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.59 and a quick ratio of 1.53.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Wednesday, April 29th. The transportation company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.24 by $0.11. C.H. Robinson Worldwide had a net margin of 3.70% and a return on equity of 35.49%. The business had revenue of $4.01 billion during the quarter, compared to analyst estimates of $4.05 billion. During the same period in the prior year, the business earned $1.17 earnings per share. The business’s quarterly revenue was down .9% on a year-over-year basis. Equities research analysts forecast that C.H. Robinson Worldwide will post 6.05 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, March 6th. C.H. Robinson Worldwide’s dividend payout ratio is currently 51.01%.

Insider Transactions at C.H. Robinson Worldwide

In related news, insider Arun Rajan acquired 605 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were purchased at an average price of $167.11 per share, for a total transaction of $101,101.55. Following the purchase, the insider owned 133,656 shares in the company, valued at $22,335,254.16. This represents a 0.45% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David P. Bozeman acquired 1,223 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was bought at an average price of $163.34 per share, for a total transaction of $199,764.82. Following the purchase, the chief executive officer owned 190,600 shares in the company, valued at approximately $31,132,604. This trade represents a 0.65% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 2,422 shares of company stock worth $400,801 and have sold 17,796 shares worth $3,555,415. 0.37% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CHRW. Goldman Sachs Group Inc. increased its stake in C.H. Robinson Worldwide by 3.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 804,215 shares of the transportation company’s stock valued at $82,352,000 after buying an additional 24,788 shares during the period. United Services Automobile Association acquired a new position in shares of C.H. Robinson Worldwide during the 1st quarter worth $259,000. Empowered Funds LLC increased its stake in shares of C.H. Robinson Worldwide by 2.3% during the 1st quarter. Empowered Funds LLC now owns 15,516 shares of the transportation company’s stock worth $1,589,000 after purchasing an additional 350 shares during the last quarter. Woodline Partners LP increased its stake in shares of C.H. Robinson Worldwide by 41.3% during the 1st quarter. Woodline Partners LP now owns 10,029 shares of the transportation company’s stock worth $1,027,000 after purchasing an additional 2,930 shares during the last quarter. Finally, Focus Partners Wealth increased its stake in shares of C.H. Robinson Worldwide by 9.9% during the 1st quarter. Focus Partners Wealth now owns 3,974 shares of the transportation company’s stock worth $407,000 after purchasing an additional 359 shares during the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.

Key C.H. Robinson Worldwide News

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

• Positive Sentiment: Multiple brokerages raised targets/ratings for CHRW (Stifel raised to $207 and assigned a Buy; Wells Fargo raised to $215 and kept an Overweight; JPMorgan raised to $196 and moved to Overweight; TD Cowen to $196). These upgrades signal continued analyst confidence in CHRW’s longer-term earnings power. Price Target Raises Wells Fargo Note
• Positive Sentiment: CHRW beat on EPS (reported $1.35 vs. ~$1.25 consensus) and showed year?over?year EPS improvement — a bullish datapoint for profitability and margin recovery. Earnings Beat
• Neutral Sentiment: Zacks and other outlets published constructive write-ups on CHRW’s growth characteristics and key metrics, useful for investors assessing style/quality scores but not immediate catalysts. Zacks Growth Piece
• Neutral Sentiment: Q1 supplemental materials and the earnings?call transcript are available for detail into guidance, segment trends and margins — important for modeling but not single-day drivers. Earnings Call Transcript Presentation
• Negative Sentiment: Top-line weakness: Q1 revenue slightly missed estimates (sales below analyst estimates), driven by lower ocean and truckload volumes and weaker ocean pricing — a revenue softness that can pressure near?term multiples despite the EPS beat. Revenue Miss

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.