Expeditors International of Washington, Inc. $EXPD Position Cut by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 10.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 317,132 shares of the transportation company’s stock after selling 38,027 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Expeditors International of Washington were worth $58,555,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of EXPD. BlackRock Inc. purchased a new position in shares of Expeditors International of Washington during the 2nd quarter worth approximately $2,193,093,000. State Street Corp lifted its stake in Expeditors International of Washington by 1.5% in the 2nd quarter. State Street Corp now owns 7,335,241 shares of the transportation company’s stock valued at $1,195,498,000 after buying an additional 109,798 shares in the last quarter. Bank of America Corp DE lifted its stake in Expeditors International of Washington by 0.8% in the 2nd quarter. Bank of America Corp DE now owns 2,585,934 shares of the transportation company’s stock valued at $421,456,000 after buying an additional 21,400 shares in the last quarter. Baird Financial Group Inc. grew its holdings in Expeditors International of Washington by 2.7% during the 2nd quarter. Baird Financial Group Inc. now owns 2,239,665 shares of the transportation company’s stock valued at $365,021,000 after buying an additional 57,823 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Expeditors International of Washington by 10.0% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,155,313 shares of the transportation company’s stock valued at $351,273,000 after buying an additional 195,351 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

More Expeditors International of Washington News

Here are the key news stories impacting Expeditors International of Washington this week:

• Positive Sentiment: Q3 EPS rose 62% year over year to $2.65, beating consensus estimates of about $2.22. Revenue increased 42% to $4.1 billion, while operating income and net income each climbed 55%. Expeditors Reports Third Quarter 2026 EPS of $2.65
• Positive Sentiment: Growth was supported by a 13% increase in airfreight tonnage, stronger ocean freight volumes, and customs-related activity. Coverage also cited AI-related freight demand as a contributor to the revenue surge. EXPD Q3 Earnings Beat Estimates on Airfreight and Ocean Strength
• Positive Sentiment: Baird raised its price target to $210 from $200, signaling a more favorable outlook from the analyst. Baird Raises Expeditors Price Target

Expeditors International of Washington Stock Up 1.8%

EXPD stock opened at $204.24 on Wednesday. Expeditors International of Washington, Inc. has a 52-week low of $128.10 and a 52-week high of $206.23. The stock’s fifty day simple moving average is $192.30 and its 200-day simple moving average is $167.46. The stock has a market capitalization of $26.55 billion, a price-to-earnings ratio of 35.71, a price-to-earnings-growth ratio of 5.00 and a beta of 1.07.

Expeditors International of Washington (NASDAQ:EXPD) last released its earnings results on Tuesday, November 3rd. The transportation company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.22 by $0.43. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%. Expeditors International of Washington’s revenue was up 41.9% on a year-over-year basis. During the same period last year, the company earned $1.64 earnings per share. As a group, analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus boosted their price target on Expeditors International of Washington from $154.00 to $158.00 and gave the stock a “hold” rating in a report on Wednesday, July 15th. Truist Financial lifted their price objective on Expeditors International of Washington from $145.00 to $175.00 and gave the stock a “hold” rating in a research report on Wednesday, July 15th. UBS Group raised their price target on shares of Expeditors International of Washington from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, October 2nd. TD Cowen lifted their price target on shares of Expeditors International of Washington from $148.00 to $176.00 and gave the stock a “sell” rating in a report on Wednesday, August 5th. Finally, Robert W. Baird lifted their price target on shares of Expeditors International of Washington from $190.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $175.27.

About Expeditors International of Washington

Expeditors International of Washington, Inc is a global logistics company headquartered in Seattle, Washington. The company provides freight forwarding, transportation, customs brokerage and supply chain management services for businesses that move goods internationally.

Its services include airfreight and ocean-freight forwarding, customs clearance, warehousing and distribution, cargo insurance, order management, and other logistics solutions. Expeditors coordinates shipments through a worldwide network of offices and service providers, helping customers manage international trade requirements and supply chain operations.

Founded in 1979, Expeditors serves customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.