Empowered Funds LLC Acquires 43,429 Shares of ArcBest Corporation $ARCB

Empowered Funds LLC increased its holdings in ArcBest Corporation (NASDAQ:ARCB) by 37.7% during the first quarter, Holdings Channel.com reports. The firm owned 158,742 shares of the transportation company’s stock after acquiring an additional 43,429 shares during the quarter. Empowered Funds LLC’s holdings in ArcBest were worth $15,614,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Federated Hermes Inc. boosted its position in ArcBest by 126.6% during the fourth quarter. Federated Hermes Inc. now owns 1,015 shares of the transportation company’s stock valued at $75,000 after buying an additional 567 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of ArcBest by 507.6% in the fourth quarter. Hantz Financial Services Inc. now owns 1,118 shares of the transportation company’s stock worth $83,000 after buying an additional 934 shares during the period. Canada Pension Plan Investment Board bought a new stake in shares of ArcBest in the 2nd quarter valued at about $85,000. Assetmark Inc. lifted its stake in shares of ArcBest by 5,940.0% in the 4th quarter. Assetmark Inc. now owns 1,208 shares of the transportation company’s stock valued at $90,000 after acquiring an additional 1,188 shares during the last quarter. Finally, KBC Group NV boosted its holdings in ArcBest by 69.4% during the 4th quarter. KBC Group NV now owns 1,299 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 532 shares during the period. 99.27% of the stock is owned by institutional investors.

ArcBest Stock Performance

ArcBest stock opened at $141.49 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.10. The firm has a market cap of $3.15 billion, a P/E ratio of 58.23, a P/E/G ratio of 0.53 and a beta of 1.57. ArcBest Corporation has a 1-year low of $59.43 and a 1-year high of $176.69. The firm has a 50-day moving average of $148.16 and a 200-day moving average of $119.03.

ArcBest (NASDAQ:ARCB) last announced its quarterly earnings results on Wednesday, July 29th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.12. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. ArcBest had a return on equity of 6.15% and a net margin of 1.38%.ArcBest’s revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.36 EPS. Sell-side analysts expect that ArcBest Corporation will post 6.62 EPS for the current year.

ArcBest Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 7th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, August 7th. ArcBest’s dividend payout ratio (DPR) is currently 19.75%.

Analyst Ratings Changes

Several equities analysts recently issued reports on ARCB shares. Truist Financial raised their price target on ArcBest from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Weiss Ratings downgraded ArcBest from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Stephens raised ArcBest to a “strong-buy” rating in a research note on Wednesday, July 8th. Zacks Research upgraded shares of ArcBest from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Citizens Jmp started coverage on shares of ArcBest in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $180.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $155.62.

More ArcBest News

Here are the key news stories impacting ArcBest this week:

• Positive Sentiment: ArcBest reported second-quarter adjusted earnings of $2.38 per share, above analyst estimates of roughly $2.26-$2.30 and well ahead of $1.36 a year earlier. Revenue rose 15.9% year over year to approximately $1.18 billion, slightly exceeding or matching consensus expectations. ArcBest quarterly earnings report
• Positive Sentiment: The company expects its restructuring program to produce approximately $40 million in annualized cost savings once it reaches a full run rate by the first quarter of 2027. Those savings could support margins and earnings if freight demand remains stable. ArcBest restructuring cost savings
• Neutral Sentiment: Analysts and financial coverage highlighted the strong year-over-year earnings improvement and revenue growth, while noting that the quarter’s key operating metrics were broadly in line with expectations. Investors will likely focus on freight volumes, pricing and execution of the restructuring plan. ARCB versus JBHT valuation comparison
• Negative Sentiment: ArcBest reported a second-quarter loss on a GAAP basis, primarily because of restructuring costs. The company’s 1.38% net margin and 6.15% return on equity also underscore the limited current profitability, which may have outweighed the adjusted EPS beat. ArcBest reports second-quarter loss
• Negative Sentiment: The earnings release followed a substantial 2026 rally, raising the bar for results. With the stock trading at a relatively elevated earnings multiple, investors may be taking profits and demanding clearer evidence that restructuring savings will translate into sustained margin expansion.

ArcBest Company Profile

ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.

The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.