J.B. Hunt Transport Services (JBHT) Slid Due to Sluggish Freight Cycle And Below-Expected Guidance

Parnassus Investments, an investment management company, released the “Parnassus Mid Cap Growth Fund” second quarter 2025 investor letter. A copy of the letter can be downloaded here. The Fund (Investor Shares) returned 13.29% (net of fees) in the quarter, compared to the Russell Midcap Growth Index’s 18.20% return. Stock selection in the Industrials and Information Technology sectors negatively impacted the performance, while holdings in the Financials sector contributed. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Parnassus Mid Cap Growth Fund highlighted stocks such as J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) offers surface transportation, delivery, and logistics services in the United States. The one-month return of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) was -7.72%, and its shares lost 22.53% of their value over the last 52 weeks. On September 24, 2025, J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) stock closed at $132.87 per share, with a market capitalization of $12.862 billion.

Parnassus Mid Cap Growth Fund stated the following regarding J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) in its second quarter 2025 investor letter:

“J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), a leading logistics and intermodal transportation provider in the U.S., declined as the freight cycle remained sluggish and guidance fell short of expectations. We continue to monitor the cycle’s progression and believe the company is well-positioned to benefit once freight demand recovers.”

J.B. Hunt Transport Services, Inc. (JBHT): Don't Sell Any Of These Companies, Warns Jim Cramer

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 37 hedge fund portfolios held J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) at the end of the second quarter, down from 40 in the previous quarter. While we acknowledge the risk and potential of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) and shared the list of best freight stocks to invest in. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.