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 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 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 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.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.