Hsbc Holdings PLC Increases Stake in Landstar System, Inc. $LSTR

Posted by Brian Himes on Jul 28th, 2026

Hsbc Holdings PLC increased its stake in Landstar System, Inc. (NASDAQ:LSTR – Free Report) by 227.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,752 shares of the transportation company’s stock after buying an additional 6,083 shares during the period. Hsbc Holdings PLC’s holdings in Landstar System were worth $1,394,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. M&T Bank Corp boosted its position in Landstar System by 151,424.4% during the 4th quarter. M&T Bank Corp now owns 6,294,325 shares of the transportation company’s stock valued at $904,495,000 after acquiring an additional 6,290,171 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Landstar System by 185.5% in the 4th quarter. AQR Capital Management LLC now owns 987,087 shares of the transportation company’s stock worth $141,844,000 after acquiring an additional 641,319 shares in the last quarter. Millennium Management LLC raised its position in shares of Landstar System by 910.2% in the 4th quarter. Millennium Management LLC now owns 541,880 shares of the transportation company’s stock worth $77,868,000 after acquiring an additional 488,238 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Landstar System by 5,643.4% in the 4th quarter. Bank of Montreal Can now owns 386,758 shares of the transportation company’s stock valued at $55,577,000 after purchasing an additional 380,024 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in shares of Landstar System by 99.5% in the 4th quarter. Corient Private Wealth LLC now owns 742,215 shares of the transportation company’s stock valued at $105,877,000 after purchasing an additional 370,253 shares during the period. 97.95% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LSTR has been the topic of several recent research reports. Evercore set a $181.00 price target on Landstar System in a research note on Wednesday, April 29th. UBS Group raised their price objective on Landstar System from $147.00 to $185.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Morgan Stanley restated an “underweight” rating and set a $145.00 target price on shares of Landstar System in a report on Monday, July 6th. Weiss Ratings raised shares of Landstar System from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 16th. Finally, Wall Street Zen upgraded shares of Landstar System from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $192.42.

View Our Latest Analysis on Landstar System

Landstar System Price Performance

NASDAQ LSTR opened at $191.63 on Tuesday. Landstar System, Inc. has a one year low of $119.32 and a one year high of $228.46. The stock has a 50-day moving average of $208.43 and a 200 day moving average of $177.57. The company has a market capitalization of $6.50 billion, a price-to-earnings ratio of 52.94 and a beta of 0.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.88 and a current ratio of 1.88.

Landstar System (NASDAQ:LSTR – Get Free Report) last posted its earnings results on Tuesday, April 28th. The transportation company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.05. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Landstar System had a net margin of 2.62% and a return on equity of 19.49%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.95 EPS. On average, sell-side analysts forecast that Landstar System, Inc. will post 5.73 EPS for the current year.

Landstar System announced that its Board of Directors has authorized a share repurchase plan on Tuesday, April 28th that authorizes the company to buyback 1,115,195,000,000 shares. This buyback authorization authorizes the transportation company to purchase up to 3.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other news, CFO James P. Todd sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $218.17, for a total transaction of $261,804.00. Following the completion of the transaction, the chief financial officer directly owned 15,122 shares of the company’s stock, valued at $3,299,166.74. The trade was a 7.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Diana M. Murphy sold 11,246 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $221.28, for a total transaction of $2,488,514.88. Following the transaction, the director directly owned 18,853 shares of the company’s stock, valued at $4,171,791.84. The trade was a 37.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.74% of the company’s stock.

Landstar System Profile

(Free Report)

Landstar System, Inc provides integrated transportation management solutions through a network of independent agents and third-party capacity providers. The company specializes in truckload brokerage, intermodal, air and ocean freight, expedited and heavy-haul services, along with value-added offerings such as cargo insurance, customs brokerage and supply chain management. Landstar’s proprietary technology platform enables real-time load matching, shipment tracking and data analytics to optimize fleet utilization and improve customer service.

Founded in 1968 and headquartered in Jacksonville, Florida, Landstar pioneered an asset-light brokerage model that has evolved into a global logistics operation.