Jacobs Levy Equity Management Inc. Buys 8,725 Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

11 May 2025, 09:49 by Jessica Moore · The Cerbat Gem

Jacobs Levy Equity Management Inc. grew its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT – Free Report) by 0.7% during the fourth quarter, HoldingsChannel reports. The firm owned 1,319,637 shares of the transportation company’s stock after purchasing an additional 8,725 shares during the quarter. J.B. Hunt Transport Services accounts for approximately 0.8% of Jacobs Levy Equity Management Inc.’s holdings, making the stock its 23rd biggest position. Jacobs Levy Equity Management Inc.’s holdings in J.B. Hunt Transport Services were worth $225,209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of JBHT. National Pension Service purchased a new position in shares of J.B. Hunt Transport Services during the 4th quarter worth approximately $30,000. BankPlus Trust Department purchased a new stake in J.B. Hunt Transport Services in the fourth quarter worth $34,000. EverSource Wealth Advisors LLC raised its holdings in J.B. Hunt Transport Services by 68.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 329 shares of the transportation company’s stock worth $56,000 after purchasing an additional 134 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in J.B. Hunt Transport Services by 33.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 340 shares of the transportation company’s stock valued at $58,000 after buying an additional 86 shares during the period. Finally, Catalyst Capital Advisors LLC boosted its holdings in shares of J.B. Hunt Transport Services by 140.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the transportation company’s stock valued at $62,000 after buying an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Trading Down 1.5 %

NASDAQ:JBHT opened at $135.44 on Friday. The company has a market cap of $13.43 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 1.61 and a beta of 1.33. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 0.24. The company has a 50 day simple moving average of $140.73 and a two-hundred day simple moving average of $163.92. J.B. Hunt Transport Services, Inc. has a 12 month low of $122.79 and a 12 month high of $200.40.

J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last released its quarterly earnings results on Tuesday, April 15th. The transportation company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.02. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.92 billion. J.B. Hunt Transport Services had a return on equity of 14.05% and a net margin of 4.72%. Research analysts forecast that J.B. Hunt Transport Services, Inc. will post 6.37 earnings per share for the current year.

J.B. Hunt Transport Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Friday, May 9th. J.B. Hunt Transport Services’s payout ratio is currently 31.94%.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, COO Nicholas Hobbs bought 1,529 shares of J.B. Hunt Transport Services stock in a transaction on Wednesday, April 23rd. The stock was acquired at an average cost of $130.75 per share, with a total value of $199,916.75. Following the completion of the acquisition, the chief operating officer now owns 91,847 shares in the company, valued at approximately $12,008,995.25. This represents a 1.69 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Darren P. Field sold 1,200 shares of J.B. Hunt Transport Services stock in a transaction on Friday, March 7th. The stock was sold at an average price of $161.67, for a total transaction of $194,004.00. Following the transaction, the executive vice president now owns 17,822 shares in the company, valued at $2,881,282.74. This represents a 6.31 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.30% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JBHT. Truist Financial decreased their price target on shares of J.B. Hunt Transport Services from $165.00 to $130.00 and set a “hold” rating for the company in a research note on Thursday, April 17th. Barclays dropped their price target on J.B. Hunt Transport Services from $180.00 to $165.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 2nd. Wells Fargo & Company reduced their price objective on J.B. Hunt Transport Services from $170.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. TD Cowen dropped their target price on J.B. Hunt Transport Services from $160.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, April 16th. Finally, Benchmark reissued a “buy” rating and issued a $175.00 target price on shares of J.B. Hunt Transport Services in a research note on Wednesday, April 16th. Nine equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $162.20.

View Our Latest Report on J.B. Hunt Transport Services

J.B. Hunt Transport Services Profile

(Free Report)