Empowered Funds LLC Invests $20.79 Million in ArcBest Corporation $ARCB

Posted by Stanley Muller on Aug 28th, 2026

Empowered Funds LLC acquired a new stake in shares of ArcBest Corporation (NASDAQ:ARCB – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 144,815 shares of the transportation company’s stock, valued at approximately $20,787,000.

Other hedge funds have also recently bought and sold shares of the company. C M Bidwell & Associates Ltd. acquired a new position in ArcBest in the 2nd quarter valued at $74,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of ArcBest during the second quarter worth $92,000. Federated Hermes Inc. grew its position in shares of ArcBest by 126.6% in the fourth quarter. Federated Hermes Inc. now owns 1,015 shares of the transportation company’s stock valued at $75,000 after purchasing an additional 567 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of ArcBest in the second quarter valued at $85,000. Finally, Hantz Financial Services Inc. increased its stake in ArcBest by 507.6% in the fourth quarter. Hantz Financial Services Inc. now owns 1,118 shares of the transportation company’s stock valued at $83,000 after purchasing an additional 934 shares during the last quarter. Institutional investors and hedge funds own 99.27% of the company’s stock.

Insiders Place Their Bets

In related news, Director Judy R. Mcreynolds sold 2,857 shares of ArcBest stock in a transaction on Friday, August 7th. The shares were sold at an average price of $138.98, for a total transaction of $397,065.86. Following the sale, the director owned 50,048 shares of the company’s stock, valued at $6,955,671.04. The trade was a 5.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Erin K. Gattis sold 6,163 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $140.00, for a total transaction of $862,820.00. Following the completion of the transaction, the insider owned 24,286 shares in the company, valued at $3,400,040. This represents a 20.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 11,963 shares of company stock worth $1,678,066. Corporate insiders own 0.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Stephens upgraded ArcBest to a “strong-buy” rating in a research report on Wednesday, July 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of ArcBest in a research report on Tuesday. Stifel Nicolaus boosted their target price on shares of ArcBest from $134.00 to $176.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Citizens Jmp started coverage on shares of ArcBest in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $180.00 price target for the company. Finally, UBS Group increased their price target on shares of ArcBest from $145.00 to $154.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.23.

View Our Latest Analysis on ARCB

ArcBest Price Performance

ARCB stock opened at $139.12 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.97 and a current ratio of 0.97. ArcBest Corporation has a 1 year low of $59.43 and a 1 year high of $176.69. The firm has a market cap of $3.11 billion, a P/E ratio of 201.62, a price-to-earnings-growth ratio of 0.46 and a beta of 1.57. The stock has a 50-day simple moving average of $144.88 and a 200-day simple moving average of $125.92.

ArcBest (NASDAQ:ARCB – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The transportation company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.26 by $0.12. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.17 billion. ArcBest had a return on equity of 7.92% and a net margin of 0.39%.ArcBest’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.36 EPS. On average, equities analysts predict that ArcBest Corporation will post 6.9 earnings per share for the current fiscal year.

ArcBest Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, August 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. ArcBest’s dividend payout ratio (DPR) is currently 69.57%.

ArcBest Company Profile

(Free Report)

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.