223,897 Shares in Hub Group, Inc. $HUBG Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new position in shares of Hub Group, Inc. (NASDAQ:HUBG) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 223,897 shares of the transportation company’s stock, valued at approximately $8,069,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Hub Group by 265.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the transportation company’s stock worth $27,000 after acquiring an additional 468 shares during the period. Torren Management LLC purchased a new stake in Hub Group in the fourth quarter valued at $31,000. Quarry LP grew its position in Hub Group by 271.5% during 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 period. Smartleaf Asset Management LLC grew its position in 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, NewEdge Advisors LLC raised its position in Hub Group by 333.8% during the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 1,145 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Hub Group

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

• Neutral Sentiment: Hub Group is expected to report quarterly earnings on Thursday. The results and management’s comments on its financial controls, restated results and outlook could provide the next significant catalyst for the shares. Hub Group expected to post earnings
• Negative Sentiment: Shareholder law firms, including Rosen, Hagens Berman, Kaplan Fox, Bronstein Gewirtz & Grossman and others, are soliciting investors who purchased HUBG securities between April 28, 2023, and May 11, 2026, in connection with a pending securities-fraud class action. The allegations concern potentially false or misleading statements about financial reporting, revenue recognition and internal controls; the claims have not been proven. Hagens Berman class action notice
• Negative Sentiment: The legal notices cite corrective disclosures involving approximately $77 million in understated costs and unreliable financial statements covering 2023–2025. Law firms say the disclosures contributed to a substantial prior share-price decline, increasing potential litigation, restatement and investor-confidence risks for Hub Group. Hub Group securities fraud class action

Analysts Set New Price Targets

A number of equities analysts recently weighed in on HUBG shares. Zacks Research raised Hub Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Hub Group in a research note on Wednesday, June 24th. Stifel Nicolaus boosted their price target on shares of Hub Group from $27.00 to $29.00 and gave the stock a “sell” rating in a research report on Thursday, April 2nd. Raymond James Financial reaffirmed an “outperform” rating and set a $48.00 price objective on shares of Hub Group in a research note on Wednesday, April 15th. Finally, Benchmark cut their price objective on shares of Hub Group from $50.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Hub Group currently has an average rating of “Hold” and a consensus target price of $43.31.

Hub Group Trading Down 0.1%

HUBG opened at $47.69 on Thursday. The stock’s 50-day moving average price is $45.40 and its 200 day moving average price is $42.85. Hub Group, Inc. has a 12-month low of $32.46 and a 12-month high of $53.26. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 1.36 and a beta of 1.22.

Hub Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders 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 payout ratio is 28.90%.

Hub Group Company Profile

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.