Hub Group, Inc. (NASDAQ:HUBG – Get Free Report)’s stock price shot up 5.7% on Thursday . The stock traded as high as $50.47 and last traded at $50.5150. 100,640 shares changed hands during trading, a decline of 88% from the average session volume of 830,642 shares. The stock had previously closed at $47.80.
Hub Group News Summary
Here are the key news stories impacting Hub Group this week:
- Positive Sentiment: Hub Group shares had recently surged on heavy trading volume, showing that investors were already reacting sharply to the news flow and potential for a rebound. Article Title
- Neutral Sentiment: Multiple law firms continue to notify investors of the August 28, 2026 lead-plaintiff deadline in the existing class action, keeping the issue in focus but adding no new company-specific operational update. Article Title
- Neutral Sentiment: Hagens Berman said it is investigating alleged misstatements in Hub Group’s financial reporting and internal controls, reinforcing the litigation overhang on the stock. Article Title
- Negative Sentiment: The class-action filings and investigations may increase legal costs, management distraction, and uncertainty around prior financial results, which can weigh on investor confidence in Hub Group. Article Title
Analysts Set New Price Targets
Several analysts recently commented on HUBG shares. Stifel Nicolaus raised their price target on shares of Hub Group from $27.00 to $29.00 and gave the company a “sell” rating in a research report on Thursday, April 2nd. Raymond James Financial reissued an “outperform” rating and set a $48.00 target price on shares of Hub Group in a research note on Wednesday, April 15th. Zacks Research upgraded Hub Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Benchmark cut their price target on Hub Group from $50.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Hub Group in a research note on Wednesday, June 24th. Seven 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 stock. Based on data from MarketBeat, Hub Group currently has a consensus rating of “Hold” and a consensus target price of $43.14.
Hub Group Stock Performance
The company has a market cap of $3.13 billion, a PE ratio of 29.61, a PEG ratio of 1.47 and a beta of 1.22. The firm’s 50 day moving average is $43.69 and its 200-day moving average is $42.56.
Hub Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, June 5th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, June 5th. Hub Group’s dividend payout ratio (DPR) is currently 28.90%.
Hedge Funds Weigh In On Hub Group
A number of institutional investors have recently added to or reduced their stakes in HUBG. Legacy Wealth Asset Management LLC purchased a new stake in Hub Group in the 2nd quarter valued at $218,000. Versant Capital Management Inc raised its holdings in shares of Hub Group by 10.6% during the 2nd quarter. Versant Capital Management Inc now owns 2,588 shares of the transportation company’s stock worth $113,000 after acquiring an additional 248 shares during the period. Empowered Funds LLC purchased a new stake in shares of Hub Group in the first quarter valued at about $223,000. NewEdge Advisors LLC increased its holdings in shares of Hub Group by 10.7% during the 1st quarter. NewEdge Advisors LLC now owns 6,880 shares of the transportation company’s stock worth $248,000 after buying an additional 666 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Hub Group by 8.1% in the first quarter. Bank of America Corp DE now owns 810,131 shares of the transportation company’s stock valued at $29,197,000 after acquiring an additional 61,025 shares during the last quarter. Hedge funds and other institutional investors own 46.77% of the company’s stock.
About Hub Group
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.
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