C.H. Robinson Worldwide (NASDAQ:CHRW) Stock Keeps "Buy" Rating at Truist Financial

Key Points

• Truist Financial reaffirmed its “Buy” rating on C.H. Robinson Worldwide but reduced its price target from $200 to $180, implying 44.74% upside from the prior close. Analysts overall maintain a “Moderate Buy” consensus with an average target of $185.28.
• C.H. Robinson reported quarterly adjusted earnings of $1.80 per share, beating estimates of $1.75, while revenue rose 29.5% year over year to $5.36 billion, above expectations.
• Shares fell 2.5% to $124.36 and remain near their 12-month low, as investor concerns about higher operating costs and profitability offset the earnings and revenue beat.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Truist Financial in a research note issued on Thursday, Benzinga reports. They currently have a $180.00 price target on the transportation company's stock, down from their previous price target of $200.00. Truist Financial's price objective indicates a potential upside of 44.74% from the stock's previous close.

A number of other brokerages have also recently weighed in on CHRW. Freedom Capital upgraded shares of C.H. Robinson Worldwide from a "hold" rating to a "strong-buy" rating in a report on Friday, July 31st. Weiss Ratings downgraded shares of C.H. Robinson Worldwide from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, September 1st. Susquehanna upped their price target on C.H. Robinson Worldwide from $215.00 to $226.00 and gave the company a "positive" rating in a report on Tuesday, July 14th. Citizens Jmp assumed coverage on shares of C.H. Robinson Worldwide in a research note on Wednesday, July 15th. They set a "market perform" rating and a $235.00 target price on the stock. Finally, TD Cowen reaffirmed a "hold" rating on shares of C.H. Robinson Worldwide in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $185.28.

C.H. Robinson Worldwide Trading Down 2.5%

Shares of NASDAQ CHRW traded down $3.24 during trading hours on Thursday, hitting $124.36. The company's stock had a trading volume of 345,639 shares, compared to its average volume of 1,964,664. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market cap of $14.53 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 1.17 and a beta of 0.94. The business has a 50-day simple moving average of $146.00 and a 200-day simple moving average of $170.03. C.H. Robinson Worldwide has a 12 month low of $125.32 and a 12 month high of $210.33.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The transportation company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.05. C.H. Robinson Worldwide had a net margin of 3.73% and a return on equity of 38.36%. The business had revenue of $5.36 billion for the quarter, compared to analysts' expectations of $4.92 billion. During the same quarter in the previous year, the business posted $1.40 earnings per share. The firm's revenue for the quarter was up 29.5% compared to the same quarter last year. On average, analysts anticipate that C.H. Robinson Worldwide will post 6.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On C.H. Robinson Worldwide

Several hedge funds have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. purchased a new stake in C.H. Robinson Worldwide in the 3rd quarter valued at approximately $6,022,000. Vise Technologies Inc. increased its holdings in C.H. Robinson Worldwide by 31.3% in the 3rd quarter. Vise Technologies Inc. now owns 7,317 shares of the transportation company's stock valued at $1,083,000 after purchasing an additional 1,744 shares in the last quarter. Americana Partners LLC purchased a new position in C.H. Robinson Worldwide in the 3rd quarter valued at about $258,000. United Asset Strategies Inc. raised its holdings in C.H. Robinson Worldwide by 4.7% in the third quarter. United Asset Strategies Inc. now owns 6,639 shares of the transportation company's stock valued at $982,000 after acquiring an additional 297 shares in the last quarter. Finally, Generali Asset Management SPA SGR lifted its holdings in C.H. Robinson Worldwide by 15.9% during the 3rd quarter. Generali Asset Management SPA SGR now owns 6,696 shares of the transportation company's stock worth $991,000 after buying an additional 919 shares during the last quarter. Hedge funds and other institutional investors own 93.15% of the company's stock.

C.H. Robinson Worldwide News Roundup

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

• Positive Sentiment: Third-quarter adjusted earnings were $1.80 per share, above the $1.75 consensus estimate and up from $1.40 a year earlier. Revenue rose 29.5% year over year to $5.36 billion, exceeding expectations of $4.92 billion. C.H. Robinson Reports 2026 Third Quarter Results
• Positive Sentiment: Stifel Nicolaus maintained a Buy rating and set a $198 price target, while Raymond James retained a $163 target. Although both targets were reduced, they remain above the current share price and indicate potential upside. Stifel Nicolaus CHRW rating Raymond James CHRW price target
• Neutral Sentiment: The company entered a fifth amendment to its credit agreement on October 22. The filing provides no clear indication in the available report that the amendment materially changes CHRW’s near-term investment outlook. CHRW credit agreement amendment
• Negative Sentiment: Shares faced pressure after the earnings release because higher operating costs overshadowed the revenue and earnings beat. Reports described trading as jittery, suggesting investors remain concerned about profitability and the sustainability of recent growth. C.H. Robinson shares and operating costs Jittery trading on C.H. Robinson
• Negative Sentiment: The reductions in Stifel’s target from $209 to $198 and Raymond James’ target to $163 signal more cautious expectations, even though analysts remain constructive on CHRW. CHRW analyst target reductions

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.

Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.

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