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J.B. Hunt Transport Services (JBHT) Slid Due to Sluggish Freight Cycle And Below-Expected Guidance
Yahoo Financeยท 2025-09-25 13:11
Group 1 - Parnassus Mid Cap Growth Fund reported a return of 13.29% (net of fees) for Q2 2025, underperforming the Russell Midcap Growth Index which returned 18.20% [1] - The fund's performance was negatively impacted by stock selection in the Industrials and Information Technology sectors, while holdings in the Financials sector contributed positively [1] - The fund highlighted J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) as a key stock, which experienced a one-month return of -7.72% and a 52-week decline of 22.53% [2] Group 2 - J.B. Hunt Transport Services, Inc. is a leading logistics and intermodal transportation provider in the U.S., but its stock declined due to a sluggish freight cycle and guidance that fell short of expectations [3] - As of September 24, 2025, J.B. Hunt's stock closed at $132.87 with a market capitalization of $12.862 billion [2] - The number of hedge funds holding J.B. Hunt decreased from 40 to 37 in the second quarter, indicating a decline in popularity among hedge fund portfolios [4]