Key Points
- EVP Ronald Greer Woodruff sold 1,391 J.B. Hunt shares on Jan. 21 at an average of $207 for $287,937, cutting his stake by 25.71% to 4,019 shares (≈$831,933).
- Multiple insiders sold shares this week (including EVP Bradley W. Hicks and COO Nicholas Hobbs), a development that could exert near‑term selling pressure despite insiders still holding sizable positions.
- Company fundamentals and sentiment remain supportive: J.B. Hunt beat quarterly EPS expectations ($1.90 vs. $1.81), raised the quarterly dividend to $0.45, and analysts have largely increased price targets, leaving a consensus rating of “Moderate Buy.”
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Get Free Report) EVP Ronald Greer Woodruff sold 1,391 shares of J.B. Hunt Transport Services stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $207.00, for a total value of $287,937.00. Following the transaction, the executive vice president directly owned 4,019 shares in the company, valued at approximately $831,933. This trade represents a 25.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
J.B. Hunt Transport Services Price Performance
JBHT stock opened at $206.75 on Friday. The company has a market capitalization of $19.69 billion, a P/E ratio of 33.67, a PEG ratio of 1.71 and a beta of 1.27. J.B. Hunt Transport Services, Inc. has a twelve month low of $122.79 and a twelve month high of $212.00. The business has a 50 day simple moving average of $192.24 and a 200-day simple moving average of $163.74. The company has a current ratio of 0.83, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22.
J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last announced its earnings results on Thursday, January 15th. The transportation company reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.81 by $0.09. J.B. Hunt Transport Services had a net margin of 4.99% and a return on equity of 16.33%. The business had revenue of $3.10 billion for the quarter, compared to analysts' expectations of $3.10 billion. During the same period in the previous year, the company posted $1.53 EPS. The company's quarterly revenue was down 1.6% on a year-over-year basis. As a group, equities analysts anticipate that J.B. Hunt Transport Services, Inc. will post 6.37 EPS for the current year.
J.B. Hunt Transport Services announced that its Board of Directors has approved a share repurchase plan on Wednesday, October 22nd that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the transportation company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.
J.B. Hunt Transport Services Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, February 6th will be paid a $0.45 dividend. This is a boost from J.B. Hunt Transport Services's previous quarterly dividend of $0.44. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, February 6th. J.B. Hunt Transport Services's dividend payout ratio (DPR) is presently 28.66%.
Key J.B. Hunt Transport Services News
Here are the key news stories impacting J.B. Hunt Transport Services this week:
Wall Street Analyst Weigh In
JBHT has been the subject of several analyst reports. Wells Fargo & Company upped their price objective on J.B. Hunt Transport Services from $170.00 to $220.00 and gave the company an "overweight" rating in a research note on Tuesday, January 6th. BMO Capital Markets restated an "outperform" rating on shares of J.B. Hunt Transport Services in a research note on Friday, January 16th. Barclays lifted their price objective on shares of J.B. Hunt Transport Services from $150.00 to $200.00 and gave the company an "equal weight" rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. boosted their price objective on shares of J.B. Hunt Transport Services from $176.00 to $211.00 and gave the company an "overweight" rating in a research note on Monday, January 12th. Finally, The Goldman Sachs Group raised their target price on shares of J.B. Hunt Transport Services from $169.00 to $187.00 and gave the stock a "neutral" rating in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, J.B. Hunt Transport Services presently has an average rating of "Moderate Buy" and an average target price of $200.05.
View Our Latest Research Report on J.B. Hunt Transport Services
Institutional Investors Weigh In On J.B. Hunt Transport Services
Several institutional investors have recently made changes to their positions in the stock. Eldred Rock Partners LLC boosted its stake in shares of J.B. Hunt Transport Services by 11.9% during the 3rd quarter. Eldred Rock Partners LLC now owns 88,061 shares of the transportation company's stock worth $11,815,000 after acquiring an additional 9,345 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in J.B. Hunt Transport Services by 777.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 192,178 shares of the transportation company's stock valued at $25,785,000 after purchasing an additional 170,264 shares in the last quarter. Brighton Jones LLC raised its holdings in J.B. Hunt Transport Services by 105.5% during the third quarter. Brighton Jones LLC now owns 12,356 shares of the transportation company's stock worth $1,658,000 after purchasing an additional 6,344 shares during the last quarter. American Century Companies Inc. boosted its position in J.B. Hunt Transport Services by 23.8% during the second quarter. American Century Companies Inc. now owns 208,655 shares of the transportation company's stock worth $29,963,000 after purchasing an additional 40,131 shares in the last quarter. Finally, Stephens Inc. AR grew its holdings in J.B. Hunt Transport Services by 2.8% in the second quarter. Stephens Inc. AR now owns 113,935 shares of the transportation company's stock valued at $16,390,000 after purchasing an additional 3,121 shares during the last quarter. 74.95% of the stock is currently owned by hedge funds and other institutional investors.
About J.B. Hunt Transport Services
(
Get Free Report)
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.
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