Werner Enterprises, Inc. $WERN Stock Purchased by Pinnacle Associates Ltd.

Key Points

• Pinnacle Associates increased its Werner Enterprises stake by 69.2% in the third quarter, acquiring 137,144 additional shares and bringing its holdings to 335,406 shares valued at approximately $11.4 million. Institutional investors collectively own 89.32% of the company.
• Analyst sentiment remains cautious: Werner has an overall consensus rating of “Hold” and an average price target of $38.85, despite mixed actions that included upgrades, downgrades, and target-price reductions.
• Werner’s latest quarterly results fell short of expectations, with EPS of $0.22 versus the $0.24 estimate and revenue of $813.36 million versus $931.12 million expected. The company also declared a quarterly dividend of $0.14, equivalent to a 1.9% annualized yield.

Pinnacle Associates Ltd. increased its position in shares of Werner Enterprises, Inc. (NASDAQ:WERN - Free Report) by 69.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 335,406 shares of the transportation company's stock after buying an additional 137,144 shares during the quarter. Pinnacle Associates Ltd. owned about 0.56% of Werner Enterprises worth $11,397,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in WERN. Net Worth Advisory Group grew its position in shares of Werner Enterprises by 5.4% during the third quarter. Net Worth Advisory Group now owns 9,098 shares of the transportation company's stock worth $312,000 after acquiring an additional 468 shares during the last quarter. Farther Finance Advisors LLC raised its position in Werner Enterprises by 185.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,216 shares of the transportation company's stock valued at $41,000 after purchasing an additional 790 shares during the last quarter. Cim Investment Management Inc. purchased a new stake in Werner Enterprises in the 2nd quarter valued at $232,000. Envestnet Asset Management Inc. raised its position in Werner Enterprises by 24.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 40,054 shares of the transportation company's stock valued at $1,747,000 after purchasing an additional 7,824 shares during the last quarter. Finally, State Street Corp boosted its stake in Werner Enterprises by 3.1% during the 2nd quarter. State Street Corp now owns 2,637,086 shares of the transportation company's stock worth $115,003,000 after purchasing an additional 79,075 shares during the period. Institutional investors and hedge funds own 89.32% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Susquehanna raised shares of Werner Enterprises from a "neutral" rating to a "positive" rating and lowered their price objective for the stock from $48.00 to $44.00 in a research report on Thursday, July 30th. Wells Fargo & Company dropped their price objective on shares of Werner Enterprises from $37.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Tuesday. TD Cowen reduced their target price on shares of Werner Enterprises from $43.00 to $41.00 and set a "hold" rating for the company in a report on Wednesday, July 29th. JPMorgan Chase & Co. decreased their target price on shares of Werner Enterprises from $39.00 to $33.00 and set an "underweight" rating for the company in a research note on Monday, October 5th. Finally, Stifel Nicolaus increased their target price on shares of Werner Enterprises from $40.00 to $42.00 and gave the stock a "hold" rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $38.85.

Werner Enterprises Trading Up 0.3%

Shares of WERN stock opened at $29.88 on Thursday. The business's 50 day moving average is $35.84 and its two-hundred day moving average is $37.98. Werner Enterprises, Inc. has a twelve month low of $23.06 and a twelve month high of $47.49. The company has a market capitalization of $1.79 billion, a P/E ratio of -39.32 and a beta of 1.29. The company has a current ratio of 1.45, a quick ratio of 1.42 and a debt-to-equity ratio of 0.60.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last released its earnings results on Tuesday, July 28th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($0.02). Werner Enterprises had a negative net margin of 1.42% and a positive return on equity of 1.18%. The company had revenue of $813.36 million during the quarter, compared to analyst estimates of $931.12 million. During the same period in the previous year, the firm posted $0.11 EPS. The company's revenue for the quarter was up 24.0% on a year-over-year basis. Equities analysts forecast that Werner Enterprises, Inc. will post 0.98 EPS for the current year.

Werner Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Monday, October 5th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, October 5th. Werner Enterprises's dividend payout ratio (DPR) is -73.68%.

More Werner Enterprises News

Here are the key news stories impacting Werner Enterprises this week:

• Neutral Sentiment: Werner guided for third-quarter 2026 revenue of $946 million to $951 million, slightly below the $954.7 million consensus estimate. This suggests revenue is holding relatively close to expectations, but does not offset the earnings shortfall.
• Neutral Sentiment: Barclays reduced its price target from $40 to $38 while maintaining an “equal weight” rating. The new target remains materially above the recent share price, indicating potential valuation upside, but the target cut signals more cautious expectations. Werner Enterprises earnings expectations
• Neutral Sentiment: A broader article describes Werner’s role in the U.S. supply chain, but provides limited new information about near-term earnings or valuation. The Heartbeat of the American Supply Chain
• Negative Sentiment: Werner cut third-quarter EPS guidance to $0.15–$0.16, far below the $0.36 analyst consensus. The substantial earnings gap is the clearest reason for recent selling pressure and raises concerns about margins and operating leverage. Werner Enterprises third-quarter earnings guidance
• Negative Sentiment: Robert W. Baird downgraded Werner from “strong buy” to “hold,” adding to the caution surrounding the stock.
• Negative Sentiment: An early third-quarter readout reportedly missed expectations, reinforcing concerns ahead of the full earnings release. Werner Enterprises Shares Slump as Early Third-Quarter Readout Misses Expectations

Werner Enterprises Profile

Werner Enterprises, Inc is a transportation and logistics company headquartered in Omaha, Nebraska. Founded in 1956 by Clarence L. Werner, the company provides freight transportation and supply chain services to customers across North America.

The company's operations include truckload transportation, dedicated transportation, and regional truckload services. Werner also provides logistics services, including freight brokerage, intermodal transportation, cross-border transportation, and supply chain management solutions.

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