J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Stock Short Interest Report for September

by · The Markets Daily

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,227,884 shares, a growth of 58.5% from the September 15th total of 2,036,176 shares. Based on an average daily trading volume, of 1,535,855 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.5% of the company’s shares are short sold.

Hedge Funds Weigh In On J.B. Hunt Transport Services

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of J.B. Hunt Transport Services in the 2nd quarter valued at about $1,833,602,000. Jupiter Topco LLC bought a new stake in shares of J.B. Hunt Transport Services during the 2nd quarter valued at about $891,349,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in J.B. Hunt Transport Services during the second quarter worth approximately $287,581,000. Park Presidio Capital LLC acquired a new stake in J.B. Hunt Transport Services during the second quarter worth approximately $218,096,000. Finally, Bank of New York Mellon Corp acquired a new stake in J.B. Hunt Transport Services during the second quarter worth approximately $187,701,000. Institutional investors and hedge funds own 74.95% of the company’s stock.

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 reported third-quarter revenue of $3.68 billion, up 20.4% year over year and above the $3.59 billion consensus estimate. Earnings of $1.82 per share also narrowly exceeded the $1.81 estimate, supported by intermodal growth and stronger pricing. J.B. Hunt Q3 Earnings Beat on Intermodal Growth and Strong Pricing
  • Positive Sentiment: Citigroup raised its price target to $263 from $254 while keeping a Neutral rating. Citizens JMP also reaffirmed its Market Outperform rating with a $300 target, and JPMorgan retained an Overweight rating with a $283 target, indicating meaningful long-term upside potential.
  • Neutral Sentiment: TD Cowen modestly reduced its price target to $279 from $283. The mixed analyst actions suggest confidence in J.B. Hunt’s growth prospects but less certainty about the near-term earnings trajectory. TD Cowen Adjusts J.B. Hunt Price Target
  • Negative Sentiment: Operating expenses increased to $3.43 billion, with fuel, driver and insurance costs squeezing margins. Profit growth lagged revenue growth, making the headline earnings beat less encouraging to investors. JPMorgan also warned that markets may be overestimating how quickly margins can improve. J.B. Hunt Analysts Discuss Margin Recovery
  • Negative Sentiment: Separate law-firm announcements concerning investigations into potential investor claims add an overhang, although no findings or liability have been established. Rosen Investor Investigation Announcement

J.B. Hunt Transport Services Trading Down 2.8%

Shares of J.B. Hunt Transport Services stock traded down $6.53 during midday trading on Friday, reaching $228.78. The company had a trading volume of 1,602,646 shares, compared to its average volume of 1,036,652. The stock has a fifty day moving average price of $251.71 and a 200 day moving average price of $259.06. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a market cap of $21.49 billion, a PE ratio of 32.13, a P/E/G ratio of 1.95 and a beta of 1.31. J.B. Hunt Transport Services has a fifty-two week low of $157.82 and a fifty-two week high of $299.76.

J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last issued its quarterly earnings results on Thursday, October 15th. The transportation company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.01. J.B. Hunt Transport Services had a net margin of 5.07% and a return on equity of 18.75%. The firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same quarter in the previous year, the company earned $1.76 EPS. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. On average, equities analysts anticipate that J.B. Hunt Transport Services will post 7.34 earnings per share for the current year.

J.B. Hunt Transport Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 7th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, August 7th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 25.50%.

Wall Street Analyst Weigh In

JBHT has been the topic of several recent research reports. Stifel Nicolaus cut their target price on shares of J.B. Hunt Transport Services from $292.00 to $289.00 and set a “hold” rating on the stock in a research report on Thursday, October 8th. William Blair set a $300.00 price target on shares of J.B. Hunt Transport Services in a research report on Friday. Raymond James Financial set a $283.00 price target on shares of J.B. Hunt Transport Services in a research note on Friday. Sanford C. Bernstein cut their price target on shares of J.B. Hunt Transport Services from $329.00 to $307.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, The Goldman Sachs Group set a $261.00 price objective on shares of J.B. Hunt Transport Services in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, J.B. Hunt Transport Services currently has an average rating of “Moderate Buy” and an average price target of $274.12.

Check Out Our Latest Research Report on JBHT

J.B. Hunt Transport Services Company Profile

(Get Free Report)

J.B. Hunt Transport Services, Inc is a transportation and logistics company headquartered in Lowell, Arkansas. Founded in 1961 by Johnnie Bryan Hunt and Johnelle Hunt, the company has grown from a small trucking operation into a major provider of freight transportation and supply-chain services across North America.

The company’s primary business activities include intermodal transportation, which combines rail and truck services; dedicated contract services, which provides customized fleet and delivery operations for individual customers; and integrated capacity solutions, including freight brokerage and third-party logistics.

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