Hub Group acquires Marten Intermodal's assets, enhancing refrigerated container capacity and expanding food and beverage shipping relationships.
Quiver AI Summary
Hub Group, Inc. announced the completion of two acquisitions aimed at enhancing its logistics and transportation capabilities. On September 30, 2025, Hub Group finalized the acquisition of specific assets from Marten Transport, which adds about 1,200 refrigerated containers and various intermodal relationships in the food and beverage sector. This move is part of Hub Group's strategy to invest in its core business and support growing volumes. Additionally, on September 8, 2025, Hub Group acquired assets from SITH, LLC, a West-Coast final mile provider, to bolster its Final Mile service and improve overall network capacity and profitability.
Potential Positives
- Hub Group successfully completed acquisitions of Marten Intermodal and SITH, indicating a proactive approach to expansion and strengthening their service offerings.
- The acquisition of approximately 1,200 refrigerated containers enhances Hub Group's capacity to serve the food and beverage industry, supporting demand for temperature-sensitive transportation.
- These acquisitions align with Hub Group's strategic goals to improve profitability and network fluidity, positioning the company for growth in key service areas.
- Hub Group's ongoing investment in its core business showcases its commitment to adapting to market demands and evolving customer needs.
Potential Negatives
- Acquisition details were vague, with key financial terms not disclosed, potentially raising concerns about transparency and financial impacts.
- The press release does not provide information on how these acquisitions will be funded, which may imply financial strain or a significant increase in debt.
- There is no mention of expected synergies or integration plans for the acquired assets, which raises questions about the effectiveness and strategic execution of the acquisitions.
FAQ
What acquisitions did Hub Group complete in September 2025?
Hub Group acquired assets from Marten Transport and SITH, enhancing their refrigerated and final mile services.
How will the acquisition of Marten Intermodal benefit Hub Group?
The acquisition adds 1,200 refrigerated containers and enhances relationships with food and beverage shippers, supporting network fluidity.
What is the strategic focus of Hub Group following these acquisitions?
Hub Group aims to grow its final mile services, expand network capacity, and improve profitability through these acquisitions.
Where can I find more information about Hub Group's acquisitions?
Additional information can be found on Hub Group’s Investor page at https://investors.hubgroup.com/.
What is Hub Group's revenue and employee count?
Hub Group generates approximately $4 billion in revenue and employs nearly 6,000 individuals globally.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HUBG Hedge Fund Activity
We have seen 142 institutional investors add shares of $HUBG stock to their portfolio, and 133 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 935,026 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $31,257,919
- NORGES BANK removed 931,034 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $31,124,466
- DEPRINCE RACE & ZOLLO INC added 688,188 shares (+inf%) to their portfolio in Q2 2025, for an estimated $23,006,124
- UBS GROUP AG added 524,531 shares (+217.6%) to their portfolio in Q2 2025, for an estimated $17,535,071
- HUDSON BAY CAPITAL MANAGEMENT LP added 491,958 shares (+3557.4%) to their portfolio in Q2 2025, for an estimated $16,446,155
- RIVER ROAD ASSET MANAGEMENT, LLC added 487,703 shares (+79.2%) to their portfolio in Q2 2025, for an estimated $16,303,911
- INTERVAL PARTNERS, LP added 436,335 shares (+inf%) to their portfolio in Q2 2025, for an estimated $14,586,679
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HUBG Analyst Ratings
Wall Street analysts have issued reports on $HUBG in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Baird issued a "Outperform" rating on 08/04/2025
- Stifel issued a "Buy" rating on 08/01/2025
- Susquehanna issued a "Positive" rating on 06/24/2025
- Benchmark issued a "Buy" rating on 05/09/2025
To track analyst ratings and price targets for $HUBG, check out Quiver Quantitative's $HUBG forecast page.
$HUBG Price Targets
Multiple analysts have issued price targets for $HUBG recently. We have seen 7 analysts offer price targets for $HUBG in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Jonathan Chappell from Evercore ISI Group set a target price of $37.0 on 09/30/2025
- Bascome Majors from Susquehanna set a target price of $42.0 on 09/24/2025
- Daniel Moore from Baird set a target price of $42.0 on 08/04/2025
- J. Bruce Chan from Stifel set a target price of $45.0 on 08/01/2025
- Brian Ossenbeck from JP Morgan set a target price of $36.0 on 07/08/2025
- Brandon Oglenski from Barclays set a target price of $40.0 on 05/12/2025
- Christopher Kuhn from Benchmark set a target price of $33.13 on 05/09/2025
Full Release
OAK BROOK, Ill., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Effective September 30, 2025, Hub Group, Inc. (NASDAQ: HUBG) closed on the previously announced acquisition of certain assets of Marten Transport, Ltd. Intermodal (“Marten Intermodal”), a division of Marten Transport, Ltd. (NASDAQ: MRTN).
The acquisition adds approximately 1,200 refrigerated containers and intermodal commercial relationships with a diversified group of shippers within the food and beverage industry. This continues Hub’s strategic investment of capital within the core business to support growing volumes and improved network fluidity.
Additional information related to this transaction can be found on Hub Group’s Investor page, accessible here: https://investors.hubgroup.com/
Effective September 8, 2025, Hub Group also closed on the acquisition of certain of the assets of West-Coast final mile provider SITH, LLC. The acquisition is consistent with Hub Group’s strategic plan to grow Final Mile, expand network capacity and improve profitability. Terms were not disclosed.
About Hub Group: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG) with approximately $4 billion in revenue, our nearly 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com.
SOURCE: Hub Group, Inc.
CONTACT: Garrett Holland, Investor Relations, [email protected]
