Benedict Financial Advisors Inc. Grows Stake in C.H. Robinson Worldwide, Inc. $CHRW

Benedict Financial Advisors Inc. boosted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Free Report) by 553.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,799 shares of the transportation company’s stock after buying an additional 69,286 shares during the period. C.H. Robinson Worldwide makes up approximately 2.2% of Benedict Financial Advisors Inc.’s portfolio, making the stock its 10th biggest position. Benedict Financial Advisors Inc. owned approximately 0.07% of C.H. Robinson Worldwide worth $12,103,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Kwmg LLC bought a new position in C.H. Robinson Worldwide in the third quarter worth approximately $423,000. McAlister Sweet & Associates Inc. bought a new stake in shares of C.H. Robinson Worldwide during the third quarter valued at approximately $252,000. American National Bank of Texas acquired a new position in shares of C.H. Robinson Worldwide during the third quarter worth approximately $230,000. American National Bank & Trust lifted its holdings in shares of C.H. Robinson Worldwide by 15,945.7% in the 3rd quarter. American National Bank & Trust now owns 5,616 shares of the transportation company’s stock worth $831,000 after purchasing an additional 5,581 shares in the last quarter. Finally, Pathway Financial Advisors LLC bought a new position in shares of C.H. Robinson Worldwide in the 3rd quarter worth $530,000. 93.15% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting C.H. Robinson Worldwide

Here are the key news stories impacting C.H. Robinson Worldwide this week:

  • Positive Sentiment: C.H. Robinson agreed to acquire RXO for approximately $5.8 billion in cash and stock. Management expects the combination to generate about $300 million in annual cost synergies, expand its logistics network and improve artificial-intelligence capabilities. The company also expects the transaction to become accretive to earnings in less than one year. Why C.H. Robinson Stock Was Tumbling Today
  • Positive Sentiment: Some analysts view the RXO transaction as strategically beneficial, with the larger platform potentially strengthening CHRW’s competitive position and creating operating leverage as the freight market improves. C.H. Robinson to Benefit From RXO Acquisition
  • Neutral Sentiment: JPMorgan lowered its CHRW price target from $225 to $198 but maintained an “overweight” rating. The revised target still implies substantial upside from recently quoted levels, suggesting the analyst remains constructive while incorporating deal-related risks. JPMorgan Cuts C.H. Robinson Price Target
  • Negative Sentiment: The stock has declined sharply since the RXO announcement because investors are concerned about the deal’s $5.8 billion price, potential shareholder dilution, financing requirements and the execution risk of integrating the businesses. Skepticism is also evident in commentary questioning whether the acquisition creates value quickly enough. C.H. Robinson Falls After RXO Acquisition
  • Negative Sentiment: CHRW’s chief executive warned that rising diesel costs could accelerate consolidation among freight brokers. While consolidation may eventually benefit larger operators, higher fuel expenses and ongoing freight-market pressure could weigh on near-term margins and demand. C.H. Robinson CEO Discusses Freight Broker Consolidation

C.H. Robinson Worldwide Stock Performance

Shares of NASDAQ CHRW traded up $0.17 during midday trading on Wednesday, reaching $135.22. The company’s stock had a trading volume of 1,095,276 shares, compared to its average volume of 1,969,402. C.H. Robinson Worldwide, Inc. has a 12-month low of $123.64 and a 12-month high of $210.33. The firm has a 50 day moving average price of $149.21 and a 200-day moving average price of $169.45. The stock has a market capitalization of $15.80 billion, a P/E ratio of 25.82, a PEG ratio of 1.18 and a beta of 0.94. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.58 and a quick ratio of 1.58.

C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. The company had revenue of $4.93 billion during the quarter, compared to the consensus estimate of $4.35 billion. C.H. Robinson Worldwide had a return on equity of 38.36% and a net margin of 3.73%.C.H. Robinson Worldwide’s revenue was up 19.3% on a year-over-year basis. During the same period last year, the business posted $1.29 earnings per share. As a group, equities analysts predict that C.H. Robinson Worldwide, Inc. will post 6.19 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, September 4th. C.H. Robinson Worldwide’s dividend payout ratio is 48.09%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Raymond James Financial set a $192.00 price target on shares of C.H. Robinson Worldwide in a research report on Thursday, July 30th. TD Cowen reaffirmed a “hold” rating on shares of C.H. Robinson Worldwide in a research note on Tuesday. Truist Financial reduced their price objective on shares of C.H. Robinson Worldwide from $215.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday. Citigroup reissued a “market outperform” rating on shares of C.H. Robinson Worldwide in a research report on Tuesday. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of C.H. Robinson Worldwide in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $195.40.

Check Out Our Latest Research Report on CHRW

C.H. Robinson Worldwide Profile

(Free Report)

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain service providers. The company helps businesses plan, manage and execute the movement of freight across domestic and international markets.

Its services include truckload and less-than-truckload freight brokerage, intermodal transportation, ocean and air freight forwarding, customs services, and transportation management. C.H. Robinson also provides technology and data-driven tools designed to improve shipment planning, visibility, routing and logistics performance.

Founded in 1905 and headquartered in Eden Prairie, Minnesota, C.H.

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Institutional Ownership by Quarter for C.H. Robinson Worldwide (NASDAQ:CHRW)

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