C.H. Robinson Worldwide (NASDAQ:CHRW – Free Report) had its target price decreased by Wells Fargo & Company from $215.00 to $200.00 in a research report report published on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the transportation company’s stock.
Other analysts have also issued reports about the stock. Jefferies Financial Group reiterated a “buy” rating and set a $180.00 target price on shares of C.H. Robinson Worldwide in a report on Thursday. Raymond James Financial set a $163.00 price target on C.H. Robinson Worldwide in a report on Thursday. Evercore set a $217.00 price target on C.H. Robinson Worldwide in a report on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft lowered C.H. Robinson Worldwide from a “buy” rating to a “hold” rating and set a $153.00 price target for the company. in a research report on Monday, October 12th. Finally, Wall Street Zen upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a research report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $182.92.
View Our Latest Report on CHRW
C.H. Robinson Worldwide Trading Down 2.2%
NASDAQ:CHRW opened at $124.61 on Thursday. The company has a fifty day moving average of $145.28 and a 200 day moving average of $169.57. C.H. Robinson Worldwide has a 52 week low of $122.21 and a 52 week high of $210.33. The company has a quick ratio of 1.58, a current ratio of 1.34 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $14.56 billion, a P/E ratio of 22.37, a P/E/G ratio of 1.03 and a beta of 0.94.
C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The transportation company reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.05. C.H. Robinson Worldwide had a net margin of 3.67% and a return on equity of 42.49%. The business had revenue of $5.36 billion for the quarter, compared to analyst estimates of $4.92 billion. During the same quarter last year, the firm earned $1.40 EPS. The company’s revenue was up 29.5% on a year-over-year basis. On average, research analysts predict that C.H. Robinson Worldwide will post 6.34 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. Stockholders of record on Friday, September 4th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.0%. C.H. Robinson Worldwide’s payout ratio is presently 45.24%.
Institutional Trading of C.H. Robinson Worldwide
Several institutional investors and hedge funds have recently bought and sold shares of the stock. WCM Investment Management LLC bought a new position in shares of C.H. Robinson Worldwide in the first quarter worth about $579,922,000. Dimensional Fund Advisors LP grew its stake in shares of C.H. Robinson Worldwide by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,094,992 shares of the transportation company’s stock valued at $181,810,000 after acquiring an additional 25,674 shares during the period. Bank of America Corp DE grew its stake in shares of C.H. Robinson Worldwide by 13.7% during the 1st quarter. Bank of America Corp DE now owns 1,055,602 shares of the transportation company’s stock valued at $175,304,000 after acquiring an additional 127,103 shares during the period. Bank of New York Mellon Corp bought a new position in shares of C.H. Robinson Worldwide during the 2nd quarter valued at approximately $172,626,000. Finally, Hamlin Capital Management LLC purchased a new stake in C.H. Robinson Worldwide in the 3rd quarter worth approximately $123,176,000. 93.15% of the stock is currently owned by hedge funds and other institutional investors.
C.H. Robinson Worldwide News Roundup
Here are the key news stories impacting C.H. Robinson Worldwide this week:
- Positive Sentiment: Q3 earnings beat expectations: Adjusted earnings reached $1.80 per share versus the $1.75 consensus, while revenue rose 29.5% year over year to $5.36 billion, exceeding estimates of $4.92 billion. Higher freight pricing, market-share gains and efficiencies from the company’s Lean AI initiatives supported profitability. C.H. Robinson Q3 Earnings Top Estimates on Pricing and Lean AI Gains
- Positive Sentiment: Analysts remain broadly bullish: JPMorgan, Wells Fargo and other firms maintained overweight or buy ratings. Their revised targets—from $163 to $200—still imply substantial potential upside from recent trading levels.
- Neutral Sentiment: Post-earnings trading has been volatile: Reports described “jittery” trading and noted that CHRW underperformed transportation-sector peers, indicating that investors are weighing the earnings beat against concerns about the outlook and cost structure. Jittery trading on C.H. Robinson Despite an Earnings Topper
- Negative Sentiment: Multiple price targets were lowered: JPMorgan cut its target to $174 from $198, Citigroup to $183 from $185, Truist to $180 from $200, Wells Fargo to $200 from $215, and Stifel to $198 from $209. The reductions suggest analysts see less near-term upside or greater execution risk, despite retaining positive ratings. C.H. Robinson Price Target Lowered at Raymond James
- Negative Sentiment: Higher costs are limiting the earnings reaction: Although revenue and adjusted earnings increased, rising operating expenses raised concerns about margin sustainability and helped push shares lower after the report. C.H. Robinson Shares Fall Despite Q3 Earnings Beat as Operating Costs Rise
About C.H. Robinson Worldwide
C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.
Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.
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