Danske Bank A S Increases Holdings in Expeditors International of Washington, Inc. $EXPD

Key Points

• Danske Bank increased its stake in Expeditors by 37.2% in Q4, adding 23,200 shares to hold 85,556 shares worth about $12.75 million (roughly 0.06% of the company).
• Expeditors reported $1.49 EPS (beat by $0.03) while revenue declined 3.3% year‑over‑year; shares trade near $147 with a market cap of about $19.6 billion and a 52‑week range of $106–$167.
• Analyst sentiment is cautious: the consensus is a “Reduce” rating with a $134.30 target after several firms cut price targets, though opinion is mixed (2 Buys, 6 Holds, 4 Sells).

Danske Bank A S grew its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 37.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,556 shares of the transportation company's stock after purchasing an additional 23,200 shares during the quarter. Danske Bank A S owned approximately 0.06% of Expeditors International of Washington worth $12,749,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Expeditors International of Washington by 4.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,168 shares of the transportation company's stock worth $1,944,000 after acquiring an additional 623 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Expeditors International of Washington by 75.4% during the 1st quarter. Jones Financial Companies Lllp now owns 2,324 shares of the transportation company's stock worth $279,000 after acquiring an additional 999 shares during the period. Woodline Partners LP grew its stake in shares of Expeditors International of Washington by 40.7% during the 1st quarter. Woodline Partners LP now owns 11,826 shares of the transportation company's stock worth $1,422,000 after acquiring an additional 3,420 shares during the period. Focus Partners Wealth grew its stake in shares of Expeditors International of Washington by 33.9% during the 1st quarter. Focus Partners Wealth now owns 5,227 shares of the transportation company's stock worth $628,000 after acquiring an additional 1,324 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Expeditors International of Washington by 29.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,113 shares of the transportation company's stock worth $127,000 after acquiring an additional 255 shares during the period. 94.02% of the stock is owned by hedge funds and other institutional investors.

Expeditors International of Washington Stock Down 0.0%

Shares of NASDAQ EXPD opened at $147.22 on Monday. Expeditors International of Washington, Inc. has a 52 week low of $106.00 and a 52 week high of $167.19. The business has a 50-day simple moving average of $145.31 and a two-hundred day simple moving average of $146.24. The company has a market cap of $19.58 billion, a P/E ratio of 25.74, a P/E/G ratio of 5.00 and a beta of 1.04.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last issued its earnings results on Tuesday, February 24th. The transportation company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.During the same period in the prior year, the company posted $1.68 earnings per share. The company's quarterly revenue was down 3.3% compared to the same quarter last year. Equities research analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 EPS for the current year.

Analyst Ratings Changes

EXPD has been the subject of several research reports. Truist Financial cut their price target on Expeditors International of Washington from $160.00 to $140.00 and set a "hold" rating for the company in a research note on Wednesday, February 25th. Bank of America upgraded Expeditors International of Washington from a "neutral" rating to a "buy" rating in a research note on Friday, January 9th. Susquehanna cut their price target on Expeditors International of Washington from $160.00 to $142.00 and set a "neutral" rating for the company in a research note on Wednesday, February 25th. Barclays increased their price target on Expeditors International of Washington from $110.00 to $135.00 and gave the stock an "underweight" rating in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. cut their price target on Expeditors International of Washington from $134.00 to $132.00 and set an "underweight" rating for the company in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Reduce" and a consensus target price of $134.30.

About Expeditors International of Washington

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company's core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.