First Trust Advisors LP Lowers Stock Holdings in Hub Group, Inc. $HUBG

First Trust Advisors LP lowered its position in shares of Hub Group, Inc. (NASDAQ:HUBG) by 15.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,709 shares of the transportation company’s stock after selling 15,413 shares during the period. First Trust Advisors LP owned about 0.14% of Hub Group worth $3,053,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada lifted its position in Hub Group by 24.5% in the 1st quarter. Royal Bank of Canada now owns 11,723 shares of the transportation company’s stock worth $435,000 after buying an additional 2,305 shares during the last quarter. AQR Capital Management LLC boosted its stake in Hub Group by 4.9% in the first quarter. AQR Capital Management LLC now owns 59,029 shares of the transportation company’s stock worth $2,194,000 after buying an additional 2,761 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Hub Group by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,637 shares of the transportation company’s stock valued at $1,325,000 after acquiring an additional 1,542 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Hub Group by 3.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 135,795 shares of the transportation company’s stock valued at $5,048,000 after acquiring an additional 4,844 shares during the last quarter. Finally, Intech Investment Management LLC raised its stake in shares of Hub Group by 33.3% during the first quarter. Intech Investment Management LLC now owns 39,181 shares of the transportation company’s stock worth $1,456,000 after acquiring an additional 9,791 shares in the last quarter. 46.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Hub Group News

Here are the key news stories impacting Hub Group this week:

• Neutral Sentiment: Multiple law firms reminded investors that August 28, 2026 is the deadline to seek appointment as lead plaintiff in a federal securities class action covering purchases of Hub Group securities from April 28, 2023, through May 11, 2026. These notices are largely duplicative and do not represent new company operating results. Rosen investor notice
• Negative Sentiment: The lawsuit alleges that Hub Group made materially false or misleading statements about its financial results, accounting practices, internal controls, revenue recognition and the factors driving reported performance. Investors may view the allegations as raising uncertainty about the reliability of prior financial disclosures and potential litigation costs or damages. Hub Group shareholder class-action notice
• Negative Sentiment: One investor notice specifically alleges that the company understated approximately $77 million in purchased transportation costs over three quarters while attributing expense improvement to “strong cost controls” and “network optimization.” The claims are allegations and have not been established in court, but they increase concerns about earnings quality and internal controls. Hub Group cost understatement allegations

Hub Group Price Performance

HUBG opened at $46.23 on Friday. The stock’s 50 day simple moving average is $45.96 and its 200 day simple moving average is $42.84. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 1.36 and a beta of 1.22. Hub Group, Inc. has a 1 year low of $32.90 and a 1 year high of $53.26.

Hub Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th were issued a $0.125 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.50 annualized dividend and a dividend yield of 1.1%. Hub Group’s dividend payout ratio (DPR) is currently 28.90%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HUBG. Zacks Research upgraded shares of Hub Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Benchmark reduced their target price on shares of Hub Group from $50.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Raymond James Financial reiterated an “outperform” rating and issued a $48.00 target price on shares of Hub Group in a research report on Wednesday, April 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hub Group in a research note on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $43.31.

Hub Group Profile

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.