69,286 C.H. Robinson Worldwide, Inc. $CHRW Shares Purchased by Benedict Financial Advisors Inc.

Benedict Financial Advisors Inc. increased its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 553.7% during the third quarter, HoldingsChannel reports. The firm owned 81,799 shares of the transportation company’s stock after acquiring an additional 69,286 shares during the period. C.H. Robinson Worldwide comprises approximately 2.2% of Benedict Financial Advisors Inc.’s portfolio, making the stock its 10th biggest holding. Benedict Financial Advisors Inc.’s holdings in C.H. Robinson Worldwide were worth $12,103,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Kwmg LLC purchased a new stake in C.H. Robinson Worldwide in the third quarter worth $423,000. McAlister Sweet & Associates Inc. purchased a new position in shares of C.H. Robinson Worldwide during the 3rd quarter valued at $252,000. American National Bank of Texas bought a new position in shares of C.H. Robinson Worldwide during the 3rd quarter worth $230,000. American National Bank & Trust grew its stake in shares of C.H. Robinson Worldwide by 15,945.7% during the 3rd quarter. American National Bank & Trust now owns 5,616 shares of the transportation company’s stock worth $831,000 after acquiring an additional 5,581 shares during the period. Finally, Pathway Financial Advisors LLC purchased a new stake in C.H. Robinson Worldwide in the 3rd quarter worth about $530,000. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Key Stories Impacting C.H. Robinson Worldwide

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

• Positive Sentiment: C.H. Robinson agreed to acquire RXO for approximately $5.8 billion in cash and stock. Management expects the combination to generate about $300 million in annual cost synergies, expand its logistics network and improve artificial-intelligence capabilities. The company also expects the transaction to become accretive to earnings in less than one year. Why C.H. Robinson Stock Was Tumbling Today
• Positive Sentiment: Some analysts view the RXO transaction as strategically beneficial, with the larger platform potentially strengthening CHRW’s competitive position and creating operating leverage as the freight market improves. C.H. Robinson to Benefit From RXO Acquisition
• Neutral Sentiment: JPMorgan lowered its CHRW price target from $225 to $198 but maintained an “overweight” rating. The revised target still implies substantial upside from recently quoted levels, suggesting the analyst remains constructive while incorporating deal-related risks. JPMorgan Cuts C.H. Robinson Price Target
• Negative Sentiment: The stock has declined sharply since the RXO announcement because investors are concerned about the deal’s $5.8 billion price, potential shareholder dilution, financing requirements and the execution risk of integrating the businesses. Skepticism is also evident in commentary questioning whether the acquisition creates value quickly enough. C.H. Robinson Falls After RXO Acquisition
• Negative Sentiment: CHRW’s chief executive warned that rising diesel costs could accelerate consolidation among freight brokers. While consolidation may eventually benefit larger operators, higher fuel expenses and ongoing freight-market pressure could weigh on near-term margins and demand. C.H. Robinson CEO Discusses Freight Broker Consolidation

C.H. Robinson Worldwide Price Performance

C.H. Robinson Worldwide stock traded up $0.17 during midday trading on Wednesday, hitting $135.22. 1,095,276 shares of the company’s stock were exchanged, compared to its average volume of 1,969,402. The company has a market cap of $15.80 billion, a P/E ratio of 25.82, a PEG ratio of 1.18 and a beta of 0.94. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a 50-day moving average price of $149.21 and a two-hundred day moving average price of $169.45. C.H. Robinson Worldwide, Inc. has a 52-week low of $123.64 and a 52-week high of $210.33.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.08. The firm had revenue of $4.93 billion for the quarter, compared to analysts’ expectations of $4.35 billion. C.H. Robinson Worldwide had a return on equity of 38.36% and a net margin of 3.73%.The company’s revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.29 EPS. On average, equities research analysts forecast that C.H. Robinson Worldwide, Inc. will post 6.19 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 4th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, September 4th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is currently 48.09%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CHRW. Sanford C. Bernstein reiterated a “market perform” rating on shares of C.H. Robinson Worldwide in a research report on Tuesday. Susquehanna boosted their price target on shares of C.H. Robinson Worldwide from $215.00 to $226.00 and gave the company a “positive” rating in a research report on Tuesday, July 14th. BMO Capital Markets upped their price target on shares of C.H. Robinson Worldwide from $180.00 to $190.00 and gave the company a “market perform” rating in a research note on Monday, July 13th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $220.00 price objective on shares of C.H. Robinson Worldwide in a report on Tuesday. Finally, Stifel Nicolaus lifted their price objective on shares of C.H. Robinson Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $195.40.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain service providers. The company helps businesses plan, manage and execute the movement of freight across domestic and international markets.

Its services include truckload and less-than-truckload freight brokerage, intermodal transportation, ocean and air freight forwarding, customs services, and transportation management. C.H. Robinson also provides technology and data-driven tools designed to improve shipment planning, visibility, routing and logistics performance.

Founded in 1905 and headquartered in Eden Prairie, Minnesota, C.H.