C.H. Robinson Worldwide Surges to 451st in Daily Trading Volume with 1.85 Billion Shares Exchanged

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 29, 2025 8:06 pm ET1min read

On April 29, 2025, C.H.

(CHRW) saw a significant increase in trading volume, with a total of 1.85 billion shares exchanged, marking a 36.56% rise from the previous day. This surge in trading activity placed at the 451st position in terms of daily trading volume among all stocks.

C.H. Robinson Worldwide recently reported revenues of $4.18 billion for the last quarter, which fell short of analysts' expectations by 5.7%. This revenue figure remained flat compared to the same period last year, indicating a challenging quarter for the company.

Analysts have provided a range of recommendations for CHRW, with one rating it as a sell, eight as a hold, and thirteen as a buy. The average recommendation from these analysts is a "Moderate Buy," reflecting a generally positive outlook on the stock's potential. The average 1-year price target among brokers is $117.20, suggesting that there is room for growth in the stock's value.

Several brokerages have recently issued reports on CHRW. StockNews.com downgraded the stock from a "buy" to a "hold" rating. Raymond James reduced their target price from $118.00 to $111.00 but maintained an "outperform" rating. Truist Financial initiated coverage with a "buy" rating and a $115.00 target price. Wells Fargo & Company lowered their price target from $130.00 to $125.00 while keeping an "overweight" rating. Barclays increased their price objective from $95.00 to $100.00 but gave the stock an "underweight" rating.

C.H. Robinson Worldwide declared a quarterly dividend of $0.62 per share, paid on April 1st. This dividend represents an annualized payout of $2.48 and a dividend yield of 2.78%. The company's payout ratio stands at 64.42%, indicating a commitment to returning value to shareholders.

Recent insider trading activities include Angela K. Freeman selling 8,000 shares at an average price of $100.39, and Michael D. Castagnetto selling 5,016 shares at an average price of $99.60. These transactions represent a decrease in their ownership of the stock by 9.41% and 12.67%, respectively. Currently, 1.47% of the stock is owned by company insiders.

Several hedge funds have adjusted their stakes in CHRW. Van ECK Associates Corp increased its holdings by 92,841.1%, now owning 3,007,574 shares. Norges Bank acquired a new position worth about $134,833,000. Raymond James Financial Inc. bought a new position worth about $102,174,000. First Trust Advisors LP boosted its stake by 163.6%, now owning 1,206,207 shares. Wellington Management Group LLP grew its holdings by 25.7%, now owning 2,899,550 shares. Institutional investors collectively own 93.15% of the stock.

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