C.H. RobinsonCHRW
Market Cap: $11.9B
About: C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 61% of net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (27%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of the European truck-brokerage division, transportation management services, and a legacy produce-sourcing operation.
Employees: 15,246
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 8 (+6) [Q2]
129% more call options, than puts
Call options by funds: $323M | Put options by funds: $141M
35% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 84
14% more capital invested
Capital invested by funds: $8.5B [Q1] → $9.68B (+$1.18B) [Q2]
5% more funds holding
Funds holding: 573 [Q1] → 602 (+29) [Q2]
1.61% less ownership
Funds ownership: 95.5% [Q1] → 93.89% (-1.61%) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 218
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Barclays Brandon Oglenski 54% 1-year accuracy 21 / 39 met price target | 26%downside $75 | Underweight Maintained | 2 Aug 2024 |
TD Cowen Jason Seidl 27% 1-year accuracy 4 / 15 met price target | 2%upside $103 | Hold Maintained | 1 Aug 2024 |
UBS Thomas Wadewitz 50% 1-year accuracy 8 / 16 met price target | 1%downside $100 | Neutral Maintained | 1 Aug 2024 |
Benchmark Christopher Kuhn 53% 1-year accuracy 16 / 30 met price target | 9%upside $110 | Buy Maintained | 1 Aug 2024 |
BMO Capital Fadi Chamoun 57% 1-year accuracy 8 / 14 met price target | 9%downside $92 | Market Perform Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 12 articles about CHRW published over the past 30 days