Mirae Asset Global Investments Co. Ltd. Makes New Investment in Expeditors International of Washington, Inc. $EXPD

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 84,163 shares of the transportation company’s stock, valued at approximately $15,540,000.

A number of other hedge funds also recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Expeditors International of Washington during the 2nd quarter worth about $2,193,093,000. State Street Corp increased its stake in Expeditors International of Washington by 1.5% in the second quarter. State Street Corp now owns 7,335,241 shares of the transportation company’s stock valued at $1,195,498,000 after acquiring an additional 109,798 shares during the period. Bank of America Corp DE increased its stake in Expeditors International of Washington by 0.8% in the second quarter. Bank of America Corp DE now owns 2,585,934 shares of the transportation company’s stock valued at $421,456,000 after acquiring an additional 21,400 shares during the period. Baird Financial Group Inc. raised its position in Expeditors International of Washington by 2.7% in the second quarter. Baird Financial Group Inc. now owns 2,239,665 shares of the transportation company’s stock worth $365,021,000 after purchasing an additional 57,823 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Expeditors International of Washington by 10.0% in the second 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 worth $351,273,000 after purchasing an additional 195,351 shares in the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

Key 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

Wall Street Analyst Weigh In

A number of research analysts have commented on EXPD shares. Truist Financial raised their price target on shares of Expeditors International of Washington from $145.00 to $175.00 and gave the stock a “hold” rating in a research note on Wednesday, July 15th. Citizens Jmp assumed coverage on Expeditors International of Washington in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Robert W. Baird increased their target price on Expeditors International of Washington from $190.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, October 1st. BNP Paribas Exane started coverage on Expeditors International of Washington in a report on Wednesday, September 30th. They issued a “neutral” rating and a $180.00 target price for the company. Finally, Zacks Research downgraded Expeditors International of Washington from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $175.27.

Expeditors International of Washington Stock Performance

Shares of EXPD opened at $204.24 on Wednesday. The stock has a fifty day moving average price of $192.30 and a two-hundred day moving average price of $167.46. Expeditors International of Washington, Inc. has a 52-week low of $128.10 and a 52-week high of $206.23. The company has a market cap of $26.55 billion, a price-to-earnings ratio of 35.71, a PEG ratio of 5.00 and a beta of 1.07.

Expeditors International of Washington (NASDAQ:EXPD) last announced its earnings results on Tuesday, November 3rd. The transportation company reported $2.65 EPS for the quarter, topping 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%. The firm’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.64 EPS. As a group, research analysts predict that Expeditors International of Washington, Inc. will post 5.39 EPS for the current fiscal year.

Expeditors International of Washington Company Profile

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.