J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) had its target price hoisted by equities researchers at Robert W. Baird from $290.00 to $320.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the transportation company’s stock. Robert W. Baird’s target price would suggest a potential upside of 15.82% from the stock’s current price.
JBHT has been the topic of a number of other reports. Benchmark raised their target price on J.B. Hunt Transport Services from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, June 26th. TD Cowen upped their price target on J.B. Hunt Transport Services from $209.00 to $228.00 and gave the stock a “hold” rating in a research report on Thursday, April 16th. Truist Financial raised their price objective on J.B. Hunt Transport Services from $230.00 to $280.00 and gave the stock a “hold” rating in a research note on Wednesday. Wells Fargo & Company reaffirmed an “overweight” rating on shares of J.B. Hunt Transport Services in a research report on Thursday. Finally, Sanford C. Bernstein upgraded J.B. Hunt Transport Services from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $192.00 to $329.00 in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $268.52.
Get Our Latest Analysis on J.B. Hunt Transport Services
J.B. Hunt Transport Services Stock Performance
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.20. J.B. Hunt Transport Services had a net margin of 5.13% and a return on equity of 17.30%. The business had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same quarter last year, the company posted $1.31 EPS. The company’s revenue was up 19.4% compared to the same quarter last year. On average, research analysts anticipate that J.B. Hunt Transport Services will post 7.32 earnings per share for the current year.
Insider Activity
In other J.B. Hunt Transport Services news, EVP David Keefauver sold 703 shares of J.B. Hunt Transport Services stock in a transaction on Friday, June 5th. The shares were sold at an average price of $285.13, for a total value of $200,446.39. Following the sale, the executive vice president directly owned 790 shares in the company, valued at approximately $225,252.70. The trade was a 47.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Bradley W. Hicks sold 7,644 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $261.91, for a total transaction of $2,002,040.04. Following the completion of the sale, the insider owned 23,982 shares in the company, valued at approximately $6,281,125.62. The trade was a 24.17% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 18,119 shares of company stock valued at $4,736,095. Company insiders own 2.50% of the company’s stock.
Institutional Investors Weigh In On J.B. Hunt Transport Services
Hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC boosted its stake in J.B. Hunt Transport Services by 411.5% during the second quarter. AQR Capital Management LLC now owns 1,799,843 shares of the transportation company’s stock valued at $258,457,000 after buying an additional 1,447,993 shares during the last quarter. Norges Bank bought a new position in shares of J.B. Hunt Transport Services during the 4th quarter valued at approximately $200,587,000. Bessemer Group Inc. grew its holdings in shares of J.B. Hunt Transport Services by 75,567.4% in the fourth quarter. Bessemer Group Inc. now owns 1,006,377 shares of the transportation company’s stock valued at $195,580,000 after purchasing an additional 1,005,047 shares in the last quarter. Qube Research & Technologies Ltd increased its position in J.B. Hunt Transport Services by 338.0% in the third quarter. Qube Research & Technologies Ltd now owns 823,089 shares of the transportation company’s stock worth $110,434,000 after purchasing an additional 635,172 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in J.B. Hunt Transport Services by 272.8% during the fourth quarter. Wellington Management Group LLP now owns 747,377 shares of the transportation company’s stock valued at $145,245,000 after purchasing an additional 546,880 shares in the last quarter. 74.95% of the stock is currently owned by hedge funds and other institutional investors.
J.B. Hunt Transport Services News Roundup
Here are the key news stories impacting J.B. Hunt Transport Services this week:
- Positive Sentiment: J.B. Hunt posted a strong Q2 earnings beat, with EPS of $1.91 and revenue of $3.5 billion topping estimates, which is fueling investor optimism. J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the Second Quarter 2026
- Positive Sentiment: Management said intermodal revenue and volume improved, with the largest segment posting a 22% revenue increase and 10% volume growth, signaling healthier demand trends. J.B. Hunt Reports Higher Profit As Revenue Grows Across Most Segments
- Positive Sentiment: Analysts responded with higher price targets after the report, including Truist at $280 and Susquehanna at $326, reinforcing a constructive near-term outlook for JBHT. J.B. Hunt Transport Services had its price target raised by Truist Financial Corporation
- Neutral Sentiment: Citizens JMP initiated coverage with a market-perform rating, which is supportive but not a strong bullish catalyst. J.B. Hunt Transport Services (NASDAQ:JBHT) Now Covered by Citizens Jmp
About J.B. Hunt Transport Services
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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