JPMorgan Chase & Co. Raises Expeditors International of Washington (NASDAQ:EXPD) Price Target to $139.00

Key Points

• JPMorgan Chase raised its price target on Expeditors to $139 (from $135) but kept an underweight rating, with the new target implying roughly an 8.1% downside from the current share price.
• Analyst sentiment is mixed-to-negative overall: two Buys, six Holds and four Sells, leaving a MarketBeat consensus rating of Reduce and a $136.40 consensus price target.
• Operationally, Expeditors beat Q1 expectations (EPS $1.71 vs. $1.33; revenue +4.4% YoY) and management raised the dividend, declaring a $0.81 per‑share payout, signaling strong cash returns to shareholders.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) had its target price hoisted by investment analysts at JPMorgan Chase & Co. from $135.00 to $139.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an "underweight" rating on the transportation company's stock. JPMorgan Chase & Co.'s target price would indicate a potential downside of 8.07% from the company's current price.

EXPD has been the subject of a number of other reports. Barclays lifted their price objective on Expeditors International of Washington from $110.00 to $135.00 and gave the company an "underweight" rating in a report on Thursday, January 15th. Susquehanna lifted their price objective on Expeditors International of Washington from $142.00 to $156.00 and gave the company a "neutral" rating in a report on Wednesday. Bank of America raised Expeditors International of Washington from a "neutral" rating to a "buy" rating in a report on Friday, January 9th. Wolfe Research raised Expeditors International of Washington from a "strong sell" rating to a "hold" rating in a report on Monday, March 9th. Finally, Zacks Research cut Expeditors International of Washington from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 14th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Expeditors International of Washington currently has a consensus rating of "Reduce" and a consensus price target of $136.40.

Expeditors International of Washington Stock Performance

Shares of EXPD traded down $1.89 during mid-day trading on Wednesday, hitting $151.20. The company's stock had a trading volume of 1,388,192 shares, compared to its average volume of 1,442,656. Expeditors International of Washington has a one year low of $106.22 and a one year high of $167.19. The firm has a market capitalization of $20.11 billion, a PE ratio of 26.43, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04. The stock's 50-day moving average is $145.25 and its two-hundred day moving average is $146.49.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The transportation company reported $1.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.38. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.The business's revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.47 earnings per share. Analysts expect that Expeditors International of Washington will post 5.39 EPS for the current fiscal year.

Institutional Trading of Expeditors International of Washington

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp increased its position in Expeditors International of Washington by 5.2% in the third quarter. State Street Corp now owns 7,708,656 shares of the transportation company's stock worth $945,004,000 after purchasing an additional 377,703 shares during the period. First Eagle Investment Management LLC increased its position in Expeditors International of Washington by 0.5% in the fourth quarter. First Eagle Investment Management LLC now owns 6,312,305 shares of the transportation company's stock worth $940,597,000 after purchasing an additional 32,063 shares during the period. Marshfield Associates increased its position in Expeditors International of Washington by 4.6% in the third quarter. Marshfield Associates now owns 1,942,740 shares of the transportation company's stock worth $238,161,000 after purchasing an additional 86,182 shares during the period. Wellington Management Group LLP increased its position in Expeditors International of Washington by 64.1% in the third quarter. Wellington Management Group LLP now owns 1,920,927 shares of the transportation company's stock worth $235,486,000 after purchasing an additional 749,993 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Expeditors International of Washington by 733.9% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,887,853 shares of the transportation company's stock worth $231,432,000 after purchasing an additional 1,661,457 shares during the period. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Expeditors International of Washington

Here are the key news stories impacting Expeditors International of Washington this week:

• Positive Sentiment: Q1 earnings beat: Expeditors reported EPS of $1.71 vs. consensus $1.33 and revenue grew ~4.4% year-over-year; airfreight tonnage rose and margins improved. This confirms operational strength and drove initial positive investor interest. Read More.
• Positive Sentiment: Dividend and capital-return update: Management boosted the dividend and highlighted capital-return plans, signaling confidence in cash flow and shareholder returns. That typically supports valuation and attracts income-minded holders. Read More.
• Positive Sentiment: Dividend declared: Expeditors declared a $0.81 per‑share dividend, record date June 1 and payable June 15 — a concrete near-term cash return for holders. (Ex-dividend date: June 1.)
• Neutral Sentiment: Analyst action: Susquehanna raised its price target from $142 to $156 but kept a "neutral" rating — a modest upside to the new target but not an upgrade to "positive," which can temper buying enthusiasm. Read More.
• Negative Sentiment: Timing/cautionary note: Coverage mentions late‑quarter disruptions (logistics noise) despite margin improvement — a caution that some operational headwinds persist and may limit near-term guidance visibility. Read More.

Expeditors International of Washington Company Profile

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.

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