LSTR Landstar System Inc

Harbor Capital Advisors Inc. has significantly reduced its stake in Landstar System, Inc. by 62.5%, now holding 16,993 shares valued at approximately $2.083 million. Despite mixed Wall Street sentiment, analysts currently rate the stock as a "Hold" with a consensus target price of $136.58. Landstar recently missed quarterly EPS estimates but announced a $2.00 annual dividend.

Squarepoint Ops LLC has acquired 12,019 shares of Landstar System, Inc. (NASDAQ:LSTR) in Q2, valued at approximately $1.67 million, marking a new position for the institutional investor. Landstar System recently reported Q3 earnings with an EPS of $1.22, missing estimates by $0.02, on revenue of $1.21 billion. The company announced an annual dividend of $2.00 per share payable on January 21st, and institutional investors collectively own 97.95% of the stock.

Landstar System Inc., a fast-growing transportation services company, has deployed Ascential Software Corp.'s Enterprise Integration Suite to connect its vast network of independent truckers, agents, and customers. This system helps share strategic business data via the Web, feeding standardized information into a central data warehouse for their business-to-business website and business intelligence applications. The integration aims to ensure continuous flows of accurate, timely data, which has contributed to Landstar's significant stock price increase over the past five years.

Stifel has increased its price target for Landstar System (LSTR) to $140 from $127, while maintaining a Hold rating. The firm anticipates that transport stocks in 2026 will focus on supply rationalization and cost-driven self-help strategies, positioning conservatively in high-quality names. This adjustment reflects Stifel's outlook for the sector amidst a potential mild pullback.

Stifel Nicolaus increased its price target for Landstar System (NASDAQ:LSTR) to $140.00 from $127.00, while maintaining a "hold" rating. This new target suggests a potential downside of 4.23% from the stock's current trading price. The market consensus for Landstar remains a "Hold" with an average target price of $136.58, and the company recently reported an EPS miss and flat year-over-year revenue.

Thrivent Financial for Lutherans significantly reduced its holdings in Landstar System, Inc. by 27.1% in Q2, now owning 332,819 shares valued at $46.27 million. This comes as multiple research firms have lowered price targets for LSTR, resulting in a consensus "Hold" rating with an average target of $135.50. Landstar System also reported Q2 earnings that missed estimates and announced an annual dividend of $2.00 per share.