National Pension Service Buys 3,142 Shares of C.H. Robinson Worldwide, Inc. $CHRW

National Pension Service grew its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 440.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,856 shares of the transportation company’s stock after purchasing an additional 3,142 shares during the quarter. National Pension Service’s holdings in C.H. Robinson Worldwide were worth $511,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in CHRW. State of Michigan Retirement System grew its holdings in C.H. Robinson Worldwide by 0.3% in the 2nd quarter. State of Michigan Retirement System now owns 32,292 shares of the transportation company’s stock worth $3,098,000 after acquiring an additional 100 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of C.H. Robinson Worldwide by 26.3% during the second quarter. Assetmark Inc. now owns 529 shares of the transportation company’s stock worth $51,000 after purchasing an additional 110 shares during the period. Mutual Advisors LLC grew its stake in shares of C.H. Robinson Worldwide by 1.4% in the second quarter. Mutual Advisors LLC now owns 9,154 shares of the transportation company’s stock worth $940,000 after purchasing an additional 123 shares during the last quarter. Fulton Bank N.A. increased its holdings in C.H. Robinson Worldwide by 4.2% during the 3rd quarter. Fulton Bank N.A. now owns 3,350 shares of the transportation company’s stock valued at $444,000 after purchasing an additional 134 shares during the period. Finally, Certuity LLC raised its position in C.H. Robinson Worldwide by 7.3% during the 2nd quarter. Certuity LLC now owns 2,203 shares of the transportation company’s stock valued at $211,000 after purchasing an additional 150 shares during the last quarter. 93.15% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other C.H. Robinson Worldwide news, insider Michael John Short sold 2,390 shares of C.H. Robinson Worldwide stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $161.91, for a total value of $386,964.90. Following the completion of the transaction, the insider directly owned 55,158 shares of the company’s stock, valued at approximately $8,930,631.78. The trade was a 4.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela K. Freeman sold 49,884 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $149.71, for a total transaction of $7,468,133.64. Following the sale, the insider directly owned 65,728 shares of the company’s stock, valued at $9,840,138.88. This trade represents a 43.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,504 shares of company stock valued at $8,070,349 over the last ninety days. Corporate insiders own 0.91% of the company’s stock.

C.H. Robinson Worldwide News Roundup

Here are the key news stories impacting C.H. Robinson Worldwide this week:

• Positive Sentiment: High-profile bullish coverage — Jim Cramer called CHRW “still a terrific stock,” raising investor attention and likely driving short-term buying interest. Jim Cramer on CH Robinson: “This one’s still a terrific stock” Jim Cramer on C.H. Robinson: “This One’s Still a Terrific Stock”
• Positive Sentiment: Analyst/style-score pieces (Zacks and syndicated MSN articles) are labeling CHRW a top-ranked momentum and strong-growth stock, which tends to pull in momentum-focused funds and retail buyers. C.H. Robinson Worldwide (CHRW) is a Great Momentum Stock: Should You Buy? Here’s Why C.H. Robinson Worldwide (CHRW) is a Strong Growth Stock
• Positive Sentiment: Technical/momentum dynamics: reported intraday volume is above the stock’s average and the shares are trading above their 50- and 200-day moving averages — conditions that often amplify momentum-driven gains. (Market/trading data)
• Neutral Sentiment: Short-interest reports flagged “significant increases” for early February but show nonsensical values (0 shares / NaN / 0.0 days to cover). This looks like a data anomaly and is unlikely to be a meaningful driver unless a validated rise in short interest is reported. (Entries dated Feb 2–3)

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CHRW shares. Morgan Stanley lifted their price objective on C.H. Robinson Worldwide from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Thursday, January 29th. Raymond James Financial reissued an “outperform” rating and set a $215.00 price objective on shares of C.H. Robinson Worldwide in a research report on Thursday, January 29th. Citigroup raised their target price on shares of C.H. Robinson Worldwide from $177.00 to $202.00 and gave the stock a “neutral” rating in a research report on Friday. Bank of America boosted their price target on shares of C.H. Robinson Worldwide from $167.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, December 24th. Finally, Truist Financial increased their price target on shares of C.H. Robinson Worldwide from $190.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, C.H. Robinson Worldwide presently has a consensus rating of “Moderate Buy” and an average price target of $181.29.

C.H. Robinson Worldwide Price Performance

CHRW stock opened at $199.71 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.59 and a current ratio of 1.53. The firm has a 50 day moving average price of $168.39 and a 200-day moving average price of $143.55. C.H. Robinson Worldwide, Inc. has a 52-week low of $84.68 and a 52-week high of $202.80. The firm has a market capitalization of $23.59 billion, a price-to-earnings ratio of 41.35, a PEG ratio of 2.09 and a beta of 0.90.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, January 28th. The transportation company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.24% and a net margin of 3.62%.The company had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same quarter last year, the company earned $1.21 EPS. The firm’s revenue for the quarter was down 6.5% on a year-over-year basis. Equities research analysts forecast that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current fiscal year.

C.H. Robinson Worldwide Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Friday, December 5th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, December 5th. This represents a $2.52 dividend on an annualized basis and a yield of 1.3%. This is an increase from C.H. Robinson Worldwide’s previous quarterly dividend of $0.62. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 52.17%.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.