C.H. Robinson Worldwide (NASDAQ:CHRW – Free Report) had its price objective trimmed by JPMorgan Chase & Co. from $198.00 to $174.00 in a report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the transportation company’s stock.
Several other research firms also recently issued reports on CHRW. Wolfe Research set a $196.00 price target on C.H. Robinson Worldwide in a research note on Thursday, July 30th. Truist Financial restated a “buy” rating and set a $180.00 target price (down from $200.00) on shares of C.H. Robinson Worldwide in a report on Thursday. Jefferies Financial Group restated a “buy” rating and set a $180.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday. Susquehanna upped their price target on shares of C.H. Robinson Worldwide from $215.00 to $226.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Finally, Citizens Jmp began coverage on shares of C.H. Robinson Worldwide in a research report on Wednesday, July 15th. They issued a “market perform” rating and a $235.00 price target on the stock. One investment 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $182.92.
Get Our Latest Analysis on CHRW
C.H. Robinson Worldwide Price Performance
Shares of NASDAQ:CHRW opened at $124.61 on Thursday. The business’s 50 day simple moving average is $145.28 and its 200-day simple moving average is $169.57. The firm has a market capitalization of $14.56 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.34 and a quick ratio of 1.58. C.H. Robinson Worldwide has a 12 month low of $122.21 and a 12 month high of $210.33.
C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The transportation company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.05. The business had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $4.92 billion. C.H. Robinson Worldwide had a return on equity of 42.49% and a net margin of 3.67%. The company’s revenue was up 29.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.40 EPS. As a group, equities analysts forecast that C.H. Robinson Worldwide will post 6.34 earnings per share for the current fiscal year.
C.H. Robinson Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were given a $0.63 dividend. 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 currently 45.24%.
Hedge Funds Weigh In On C.H. Robinson Worldwide
Several institutional investors have recently added to or reduced their stakes in the business. Burkett Financial Services LLC bought a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $25,000. Millstone Evans Group LLC lifted its position in shares of C.H. Robinson Worldwide by 79.8% during the first quarter. Millstone Evans Group LLC now owns 160 shares of the transportation company’s stock worth $27,000 after purchasing an additional 71 shares during the last quarter. Continuum Advisory LLC bought a new position in shares of C.H. Robinson Worldwide during the second quarter worth about $27,000. NBH Bank bought a new position in shares of C.H. Robinson Worldwide during the second quarter worth about $29,000. Finally, Reyes Financial Architecture Inc. acquired a new position in C.H. Robinson Worldwide in the third quarter worth about $30,000. 93.15% of the stock is currently owned by institutional investors and hedge funds.
C.H. Robinson Worldwide News Summary
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
C.H. Robinson Worldwide Company Profile
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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