Seven Six Capital Management LLC decreased its holdings in shares of ArcBest Corporation (NASDAQ:ARCB – Free Report) by 17.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 42,608 shares of the transportation company’s stock after selling 9,050 shares during the quarter. ArcBest makes up 4.4% of Seven Six Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Seven Six Capital Management LLC’s holdings in ArcBest were worth $4,191,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of the business. Federated Hermes Inc. grew its stake in ArcBest by 126.6% during the 4th quarter. Federated Hermes Inc. now owns 1,015 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 567 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of ArcBest during the second quarter worth approximately $85,000. Hantz Financial Services Inc. boosted its holdings in shares of ArcBest by 507.6% during the fourth quarter. Hantz Financial Services Inc. now owns 1,118 shares of the transportation company’s stock worth $83,000 after purchasing an additional 934 shares during the period. Assetmark Inc. grew its position in ArcBest by 5,940.0% during the fourth quarter. Assetmark Inc. now owns 1,208 shares of the transportation company’s stock valued at $90,000 after purchasing an additional 1,188 shares in the last quarter. Finally, KBC Group NV increased its stake in ArcBest by 69.4% in the 4th quarter. KBC Group NV now owns 1,299 shares of the transportation company’s stock valued at $96,000 after buying an additional 532 shares during the period. 99.27% of the stock is owned by institutional investors and hedge funds.
ArcBest Stock Performance
ARCB opened at $141.49 on Thursday. The company has a market cap of $3.15 billion, a PE ratio of 58.23, a price-to-earnings-growth ratio of 0.53 and a beta of 1.57. The stock has a 50-day moving average of $148.16 and a 200-day moving average of $119.03. ArcBest Corporation has a 52-week low of $59.43 and a 52-week high of $176.69. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.93 and a current ratio of 0.93.
ArcBest Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, August 7th. ArcBest’s dividend payout ratio (DPR) is 19.75%.
Key ArcBest News
Here are the key news stories impacting ArcBest this week:
- Positive Sentiment: ArcBest reported second-quarter adjusted earnings of $2.38 per share, above analyst estimates of roughly $2.26-$2.30 and well ahead of $1.36 a year earlier. Revenue rose 15.9% year over year to approximately $1.18 billion, slightly exceeding or matching consensus expectations. ArcBest quarterly earnings report
- Positive Sentiment: The company expects its restructuring program to produce approximately $40 million in annualized cost savings once it reaches a full run rate by the first quarter of 2027. Those savings could support margins and earnings if freight demand remains stable. ArcBest restructuring cost savings
- Neutral Sentiment: Analysts and financial coverage highlighted the strong year-over-year earnings improvement and revenue growth, while noting that the quarter’s key operating metrics were broadly in line with expectations. Investors will likely focus on freight volumes, pricing and execution of the restructuring plan. ARCB versus JBHT valuation comparison
- Negative Sentiment: ArcBest reported a second-quarter loss on a GAAP basis, primarily because of restructuring costs. The company’s 1.38% net margin and 6.15% return on equity also underscore the limited current profitability, which may have outweighed the adjusted EPS beat. ArcBest reports second-quarter loss
- Negative Sentiment: The earnings release followed a substantial 2026 rally, raising the bar for results. With the stock trading at a relatively elevated earnings multiple, investors may be taking profits and demanding clearer evidence that restructuring savings will translate into sustained margin expansion.
Wall Street Analyst Weigh In
A number of research firms have issued reports on ARCB. Wall Street Zen upgraded shares of ArcBest from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Zacks Research raised ArcBest from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Citigroup began coverage on ArcBest in a research note on Wednesday, July 15th. They issued a “market outperform” rating for the company. UBS Group increased their price objective on ArcBest from $122.00 to $145.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $172.00 price objective on shares of ArcBest in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $155.62.
Read Our Latest Analysis on ARCB
About ArcBest
ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.
The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.
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