Citigroup Reiterates Buy Rating on ArcBest Corporation

Citigroup has reiterated its buy rating on ArcBest Corporation (NasdaqGS: ARCB) as of June 15, 2026. The firm set a price target of $202 for the logistics company, while ArcBest shares are currently trading around $167.21.

Other Institutional Activity in ArcBest Corporation

Institutional investors have been active in ArcBest Corporation recently. BlackRock, Inc. slightly trimmed its position by 19,448 shares, holding 3,393,050 shares valued at approximately $333.74 million. Dimensional Fund Advisors LP increased its stake by 47,848 shares, bringing its total to 1,397,287 shares worth about $137.43 million. American Century Companies Inc. added 74,891 shares, now owning 1,382,114 shares valued at $135.94 million. Meanwhile, FMR LLC significantly boosted its holdings by 675,495 shares to a total of 1,290,756 shares, valued at $126.96 million. Finally, AllianceBernstein L.P. reduced its position by 431,170 shares, holding 1,031,140 shares worth $76.50 million.

ArcBest Corporation Stock Snapshot

ArcBest Corporation shares trade on the NasdaqGS under the ticker ARCB. The company has a market cap of approximately $3.85 billion. It has a P/E ratio of 70.92 and a forward P/E of 20.45, with a beta of 1.581. The stock's 52-week range is between $59.43 and $176.69. ArcBest's 50-day moving average is $126.70, and its 200-day moving average is $92.43. The company's current ratio stands at 0.929 with a quick ratio of 0.782, and it has a debt-to-equity ratio of 35.762.

Recent Earnings

ArcBest Corporation reported revenues of $4.04 billion with a revenue growth of 3.3%. The company achieved an EPS of $2.44, reflecting a net margin of 1.38% and a return on equity of 4.33%. The next earnings report is expected on July 29, 2026.

Dividend

ArcBest pays an annual dividend of $0.48, yielding 0.28% at current prices. The dividend payout ratio is 19.67%.

Insider Buying and Selling at ArcBest Corporation

On May 7, 2026, several ArcBest executives sold shares. CEO Seth Runser sold 219 shares, while Erin Gattis, Chief Human Resources Officer, sold 144 shares. Matthew Godfrey, President of ABF Freight, and Dennis Anderson, Chief Innovation Officer, each sold 144 shares. Ralph Edward Sorg, Chief Commercial Officer, sold 130 shares, and Jason Parks, VP - Controller, sold 73 shares. All transactions were at an average price of $121.78 and were not part of a preplanned trading scheme.

Analysts Set New Price Targets

On June 15, 2026, Citigroup maintained its buy rating on ArcBest with a price target of $202. Other firms such as TD Cowen, JP Morgan, and Wells Fargo have maintained hold ratings with targets ranging from $117 to $175. The consensus among 11 analysts is a buy rating, with a mean target price of $148.64.

About ArcBest Corporation

ArcBest Corporation is a logistics company headquartered in Fort Smith, Arkansas. It provides a range of transportation solutions, including ground, air, and ocean freight. The company operates through its Asset-Based and Asset-Light segments, offering services like less-than-truckload shipping, transportation brokerage, warehousing, and supply chain optimization. Led by CEO Seth K. Runser, ArcBest employs approximately 14,000 people.

Bottom Line

Citigroup's latest reiteration of a buy rating for ArcBest Corporation suggests confidence in the company's growth potential, with a price target of $202. ArcBest's shares are currently trading near $167.21, reflecting its market position and financial health. Investors should note that 13F filings and analyst ratings are backward-looking and may not represent current positions or future performance.