Brian Webb Sells 1,500 Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) Stock

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) EVP Brian Webb sold 1,500 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $284.01, for a total transaction of $426,015.00. Following the sale, the executive vice president owned 15,881 shares of the company’s stock, valued at approximately $4,510,362.81. This represents a 8.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

J.B. Hunt Transport Services Stock Down 0.3%

NASDAQ:JBHT opened at $287.19 on Wednesday. The firm has a market cap of $27.08 billion, a P/E ratio of 44.46, a P/E/G ratio of 2.14 and a beta of 1.30. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.26 and a current ratio of 1.26. J.B. Hunt Transport Services, Inc. has a fifty-two week low of $130.12 and a fifty-two week high of $293.54. The firm has a 50-day simple moving average of $248.42 and a two-hundred day simple moving average of $220.24.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings data on Wednesday, April 15th. The transportation company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.04. The business had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.01 billion. J.B. Hunt Transport Services had a net margin of 5.13% and a return on equity of 17.30%. J.B. Hunt Transport Services’s revenue was up 4.6% compared to the same quarter last year. During the same period last year, the business earned $1.17 EPS. Analysts predict that J.B. Hunt Transport Services, Inc. will post 7.27 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, May 8th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 27.86%.

Trending Headlines about J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: Zacks highlighted JBHT as a strong momentum stock, reinforcing the case for continued investor interest. Here’s Why JB Hunt (JBHT) is a Strong Momentum Stock
• Positive Sentiment: Wells Fargo raised its price target on JBHT to $310 and reiterated an overweight view, which may be helping sentiment around the stock.
• Positive Sentiment: The company’s conference presentation at Wells Fargo’s Industrials & Materials event may have reminded investors of management’s ongoing operating story and strategic positioning. J.B. Hunt Transport Services, Inc. (JBHT) Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript
• Neutral Sentiment: Short interest was reported at zero shares, so this update does not point to any meaningful bearish positioning or squeeze setup.
• Neutral Sentiment: Several articles framed JBHT as a value or “good stock to buy now” candidate, but these were largely opinion pieces rather than direct catalysts. ARCB or JBHT: Which Is the Better Value Stock Right Now?
• Negative Sentiment: EVP David Keefauver sold 703 shares, and EVP Brian Webb sold 1,500 shares, which may weigh on sentiment because of insider-selling concerns. SEC filing for David Keefauver transaction SEC filing for Brian Webb transaction

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. BMO Capital Markets raised their price objective on shares of J.B. Hunt Transport Services from $250.00 to $320.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Morgan Stanley raised their price target on shares of J.B. Hunt Transport Services from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Barclays raised their price target on shares of J.B. Hunt Transport Services from $200.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Bank of America raised their price target on shares of J.B. Hunt Transport Services from $225.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Finally, Wells Fargo & Company raised their price target on shares of J.B. Hunt Transport Services from $250.00 to $310.00 and gave the company an “overweight” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $233.83.

Institutional Trading of J.B. Hunt Transport Services

A number of institutional investors have recently made changes to their positions in the stock. AdvisorShares Investments LLC purchased a new position in shares of J.B. Hunt Transport Services in the third quarter worth approximately $433,000. Krilogy Financial LLC purchased a new position in shares of J.B. Hunt Transport Services in the third quarter worth approximately $1,003,000. Savant Capital LLC boosted its holdings in shares of J.B. Hunt Transport Services by 145.6% in the third quarter. Savant Capital LLC now owns 21,689 shares of the transportation company’s stock worth $2,910,000 after buying an additional 12,857 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its holdings in shares of J.B. Hunt Transport Services by 114.1% in the third quarter. Focus Partners Advisor Solutions LLC now owns 13,310 shares of the transportation company’s stock worth $1,786,000 after buying an additional 7,094 shares during the last quarter. Finally, Greenwood Gearhart Inc. boosted its holdings in shares of J.B. Hunt Transport Services by 2.7% in the third quarter. Greenwood Gearhart Inc. now owns 193,569 shares of the transportation company’s stock worth $25,971,000 after buying an additional 5,150 shares during the last quarter. Hedge funds and other institutional investors own 74.95% of the company’s stock.

J.B. Hunt Transport Services Company Profile

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.