United Asset Strategies Inc. trimmed its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Free Report) by 29.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,991 shares of the transportation company’s stock after selling 2,875 shares during the quarter. United Asset Strategies Inc.’s holdings in C.H. Robinson Worldwide were worth $1,161,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of CHRW. Bank of Jackson Hole Trust bought a new position in shares of C.H. Robinson Worldwide during the 4th quarter worth about $25,000. Vermillion & White Wealth Management Group LLC bought a new stake in C.H. Robinson Worldwide in the 3rd quarter valued at about $27,000. DV Equities LLC acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth approximately $27,000. CYBER HORNET ETFs LLC acquired a new position in C.H. Robinson Worldwide during the 2nd quarter worth approximately $30,000. Finally, Bayban bought a new position in C.H. Robinson Worldwide in the fourth quarter worth approximately $32,000. 93.15% of the stock is owned by institutional investors.
C.H. Robinson Worldwide Stock Up 1.0%
Shares of C.H. Robinson Worldwide stock traded up $1.89 on Tuesday, hitting $190.46. The company had a trading volume of 212,081 shares, compared to its average volume of 2,014,345. The stock has a market capitalization of $22.45 billion, a price-to-earnings ratio of 38.60, a P/E/G ratio of 1.64 and a beta of 0.91. C.H. Robinson Worldwide, Inc. has a 1 year low of $96.27 and a 1 year high of $203.34. The stock has a 50 day moving average of $180.34 and a 200-day moving average of $177.38. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.59 and a current ratio of 1.59.
C.H. Robinson Worldwide Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th were paid a $0.63 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.52 annualized dividend and a dividend yield of 1.3%. C.H. Robinson Worldwide’s dividend payout ratio is presently 51.01%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. Robert W. Baird set a $230.00 price objective on C.H. Robinson Worldwide in a research note on Friday, May 1st. Wall Street Zen lowered C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. Jefferies Financial Group upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and increased their target price for the stock from $195.00 to $200.00 in a report on Wednesday, May 20th. Susquehanna reduced their price target on shares of C.H. Robinson Worldwide from $220.00 to $215.00 and set a “positive” rating for the company in a research report on Wednesday, April 22nd. Finally, UBS Group boosted their price target on shares of C.H. Robinson Worldwide from $224.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Sixteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $195.35.
Read Our Latest Report on CHRW
About C.H. Robinson Worldwide
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.
Recommended Stories
- Five stocks we like better than C.H. Robinson Worldwide
- AI Insider Activity: Are Sales Across 3 Key Stocks Noteworthy or Just Noise?
- 3 Quiet AI Revenue Accelerators With Sales Growth Outpacing Peers
- Top 135 Best Locally Owned BBQ Supply Stores in the U.S., According to Survey [2026]
- Silicon Starvation: Amazon Feasts on Legacy GPUs
Want to see what other hedge funds are holding CHRW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Free Report).
Receive News & Ratings for C.H. Robinson Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
