C.H. RobinsonCHRW
Market Cap: 10.5B
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 Q1 SEC filings by fund managers ($100M+ AUM)
64% more call options, than puts
Call options by funds: $169M | Put options by funds: $103M
0.33% more ownership
Funds ownership: 93.42% [Q4 2023] → 93.75% (+0.33%) [Q1 2024]
10% less funds holding
Funds holding: 628 [Q4 2023] → 564 (-64) [Q1 2024]
11% less capital invested
Capital invested by funds: $9.42B [Q4 2023] → $8.34B (-$1.07B) [Q1 2024]
18% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 240
56% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 114
60% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2023] → 2 (-3) [Q1 2024]
Research analyst outlook
18 Wall Street Analysts provided 1 year price forecasts over the past 6 months
18 analyst ratings
B of A Securities Ken Hoexter | 11%upside $99 | Buy Upgraded | 22 Jul 2024 |
JP Morgan Brian Ossenbeck | 3%downside $87 | Neutral Upgraded | 9 Jul 2024 |
Baird Garrett Holland | 2%downside $88 | Neutral Maintained | 3 Jul 2024 |
Evercore ISI Group Jonathan Chappell | 11%upside $99 | Outperform Upgraded | 25 Jun 2024 |
Wells Fargo Christian Wetherbee | 5%upside $94 | Equal-Weight Initiated | 7 Jun 2024 |
Financial journalist opinion
Based on 8 articles about CHRW published over the past 30 days