Cwm LLC raised its stake in shares of Landstar System, Inc. (NASDAQ:LSTR – Free Report) by 196.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,149 shares of the transportation company’s stock after acquiring an additional 4,075 shares during the period. Cwm LLC’s holdings in Landstar System were worth $884,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Boston Partners lifted its stake in Landstar System by 24.1% during the 3rd quarter. Boston Partners now owns 1,761,526 shares of the transportation company’s stock valued at $216,242,000 after acquiring an additional 341,808 shares during the period. First Trust Advisors LP lifted its stake in Landstar System by 31.8% during the 3rd quarter. First Trust Advisors LP now owns 964,297 shares of the transportation company’s stock valued at $118,184,000 after acquiring an additional 232,682 shares during the period. JPMorgan Chase & Co. lifted its stake in Landstar System by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 746,506 shares of the transportation company’s stock valued at $91,492,000 after acquiring an additional 21,163 shares during the period. Northern Trust Corp lifted its stake in Landstar System by 4.3% during the 3rd quarter. Northern Trust Corp now owns 646,691 shares of the transportation company’s stock valued at $79,258,000 after acquiring an additional 26,905 shares during the period. Finally, Reinhart Partners LLC. lifted its stake in Landstar System by 36.4% during the 3rd quarter. Reinhart Partners LLC. now owns 581,293 shares of the transportation company’s stock valued at $71,245,000 after acquiring an additional 155,260 shares during the period. Institutional investors own 97.95% of the company’s stock.
Landstar System Price Performance
Shares of NASDAQ:LSTR opened at $182.41 on Wednesday. The firm’s 50 day moving average price is $160.58 and its 200-day moving average price is $147.67. Landstar System, Inc. has a twelve month low of $119.32 and a twelve month high of $182.78. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $6.20 billion, a PE ratio of 55.11 and a beta of 0.80.
Landstar System (NASDAQ:LSTR – Get Free Report) last released its earnings results on Tuesday, April 28th. The transportation company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.05. Landstar System had a net margin of 2.42% and a return on equity of 17.68%. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business earned $0.95 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. Equities research analysts expect that Landstar System, Inc. will post 5.44 EPS for the current year.
Landstar System announced that its Board of Directors has initiated a share repurchase plan on Tuesday, April 28th that authorizes the company to buyback 1,115,195,000,000 shares. This buyback authorization authorizes the transportation company to repurchase up to 3.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.
Landstar System Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 19th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, May 19th. Landstar System’s dividend payout ratio (DPR) is 48.34%.
Key Stories Impacting Landstar System
Here are the key news stories impacting Landstar System this week:
- Positive Sentiment: Q1 results beat expectations — Landstar reported EPS of $1.16 (vs. ~ $1.10 consensus) and revenue of $1.171B (slightly above estimates); net income and operating profit rose year‑over‑year, supporting upside to short‑term earnings momentum. Read More.
- Positive Sentiment: Operating cash flow improved materially — cash from operations increased ~60% year‑over‑year to about $89M, which strengthens the company’s ability to fund capital needs, dividends or buybacks. Read More.
- Positive Sentiment: Board authorized a share repurchase program — Landstar approved repurchases equal to roughly 3.3% of outstanding shares, a signal management views the stock as attractive and that buybacks could be a near‑term support for the share price. Read More.
- Neutral Sentiment: Analyst coverage and targets are mixed — recent analyst targets range widely (median ~ $155), showing differing views on growth vs. valuation; that leaves room for both upside and downside revisions. Read More.
- Neutral Sentiment: Institutional repositioning is active — recent 13F/hedge fund flows show large, mixed moves in and out of LSTR, which can increase volatility but does not clearly bias direction. Read More.
- Negative Sentiment: Top‑line growth remains modest — revenue rose only ~1.6–1.9% year‑over‑year, suggesting limited near‑term sales acceleration and keeping performance sensitive to freight demand cycles. Read More.
- Negative Sentiment: Valuation and balance‑sheet notes — LSTR trades at a high trailing P/E (~55) and cash on hand was down YoY while liabilities edged higher; those factors limit upside for investors expecting multiple expansion. Read More.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on LSTR shares. TD Cowen restated a “hold” rating on shares of Landstar System in a research note on Friday, January 9th. Weiss Ratings cut shares of Landstar System from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, April 14th. Susquehanna increased their price objective on shares of Landstar System from $160.00 to $185.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 22nd. Benchmark reiterated a “hold” rating on shares of Landstar System in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Landstar System from $134.00 to $162.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $155.55.
Check Out Our Latest Stock Report on LSTR
Landstar System Profile
Landstar System, Inc provides integrated transportation management solutions through a network of independent agents and third-party capacity providers. The company specializes in truckload brokerage, intermodal, air and ocean freight, expedited and heavy-haul services, along with value-added offerings such as cargo insurance, customs brokerage and supply chain management. Landstar’s proprietary technology platform enables real-time load matching, shipment tracking and data analytics to optimize fleet utilization and improve customer service.
Founded in 1968 and headquartered in Jacksonville, Florida, Landstar pioneered an asset-light brokerage model that has evolved into a global logistics operation.
Read More
Want to see what other hedge funds are holding LSTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Landstar System, Inc. (NASDAQ:LSTR – Free Report).
Receive News & Ratings for Landstar System Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Landstar System and related companies with MarketBeat.com’s FREE daily email newsletter.
