LOWELL, Ark.—James K. Thompson, honorary founding director at J.B. Hunt Transport Services Inc. (NASDAQ:JBHT), a $17.6 billion transportation company that has maintained dividend payments for 21 consecutive years, recently executed a sale of 4,400 shares of common stock. The transaction, which took place on January 21, 2025, was conducted at a weighted average price of $175.37 per share, resulting in a total sale value of approximately $771,626. Following this transaction, Thompson retains ownership of 23,559.45 shares directly.
The sale was executed in multiple trades with prices ranging from $174.81 to $175.75, as noted in the filing.
In other recent news, J.B. Hunt Transport Services has been the subject of numerous analyst adjustments following its latest earnings report. The company reported fourth-quarter earnings per share (EPS) of $1.53, falling short of both Benchmark's and consensus estimates. However, the adjusted EPS, excluding an impairment charge from the BNSF acquisition, was $1.66, surpassing expectations. Despite a 4.5% increase in intermodal volume in the fourth quarter, J.B. Hunt anticipates a 20%-25% sequential decline in first-quarter operating income, prompting Benchmark to lower their EPS estimates for 2025 and 2026.
TD (TSX:TD) Cowen maintained a Hold rating on J.B. Hunt but reduced the price target from $180.00 to $171.00, citing a more cautious outlook for growth in 2025. Stifel analysts increased the stock's price target to $174 and maintained a Hold rating, noting that revenue was in line with expectations despite an earnings miss. BMO (TSX:BMO) Capital Markets reduced its price target from $205.00 to $200.00 but sustained an Outperform rating, anticipating a positive turn in the freight cycle.
Bernstein SocGen analysts reduced their price target from $190.00 to $180.00, expressing concern over the first quarter EBIT guidance. Despite these adjustments, analysts from Goldman Sachs (NYSE:GS) maintained their Buy rating and $188 price target, expressing optimism for the latter half of the year. These are recent developments, and investors are advised to monitor the situation closely.
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