J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) had its price target lifted by research analysts at TD Cowen from $265.00 to $297.00 in a research note issued on Thursday. The brokerage currently has a “hold” rating on the transportation company’s stock. TD Cowen’s target price would suggest a potential upside of 7.50% from the stock’s previous close.
Other research analysts have also recently issued reports about the stock. BMO Capital Markets upped their price objective on shares of J.B. Hunt Transport Services from $250.00 to $320.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Argus set a $285.00 price objective on shares of J.B. Hunt Transport Services in a research report on Monday, April 20th. Benchmark lifted their price objective on shares of 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. Truist Financial upped their target price on shares of J.B. Hunt Transport Services from $230.00 to $280.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their target price on J.B. Hunt Transport Services from $227.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, J.B. Hunt Transport Services presently has an average rating of “Moderate Buy” and a consensus target price of $272.61.
Read Our Latest Research Report on J.B. Hunt Transport Services
J.B. Hunt Transport Services Trading Down 1.6%
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last issued its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.20. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.The business had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same quarter in the prior year, the firm posted $1.31 EPS. The firm’s quarterly revenue was up 19.4% on a year-over-year basis. As a group, analysts anticipate that J.B. Hunt Transport Services will post 7.32 earnings per share for the current year.
Insider Activity
In related news, EVP Spencer Frazier sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $258.20, for a total transaction of $516,400.00. Following the completion of the transaction, the executive vice president owned 4,604 shares in the company, valued at $1,188,752.80. This represents a 30.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Nicholas Hobbs sold 1,272 shares of the company’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $250.75, for a total transaction of $318,954.00. Following the completion of the transaction, the chief operating officer owned 91,736 shares of the company’s stock, valued at $23,002,802. This trade represents a 1.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 18,119 shares of company stock valued at $4,736,095. 2.50% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On J.B. Hunt Transport Services
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in J.B. Hunt Transport Services by 74.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,643 shares of the transportation company’s stock valued at $2,314,000 after acquiring an additional 6,668 shares during the period. Goldman Sachs Group Inc. boosted its holdings in J.B. Hunt Transport Services by 3.3% in the first quarter. Goldman Sachs Group Inc. now owns 433,661 shares of the transportation company’s stock worth $64,160,000 after acquiring an additional 13,729 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of J.B. Hunt Transport Services by 27.8% during the first quarter. Empowered Funds LLC now owns 1,770 shares of the transportation company’s stock valued at $262,000 after acquiring an additional 385 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in J.B. Hunt Transport Services during the 2nd quarter valued at about $539,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in J.B. Hunt Transport Services by 21.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 583 shares of the transportation company’s stock worth $84,000 after buying an additional 101 shares during the last quarter. 74.95% of the stock is owned by hedge funds and other institutional investors.
J.B. Hunt Transport Services News Summary
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.
Recommended Stories
- Five stocks we like better than J.B. Hunt Transport Services
- Japan’s Crypto Overhaul Could Open the Door to a Wave of Institutional Money
- Cintas Keeps Beating Expectations—And the Story Isn’t Over
- Which Storage Stock Is Best Positioned to Win the AI Memory War?
- Tesla’s Delivery Surprise Was Big—Earnings Need to Be Bigger
Receive News & Ratings for J.B. Hunt Transport Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.B. Hunt Transport Services and related companies with MarketBeat.com's FREE daily email newsletter.
