17,320 Shares in GATX Corporation $GATX Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in GATX Corporation (NYSE:GATXFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 17,320 shares of the transportation company’s stock, valued at approximately $2,937,000.

Other large investors also recently bought and sold shares of the company. Larson Financial Group LLC raised its stake in GATX by 364.5% in the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after buying an additional 113 shares in the last quarter. Community Bank N.A. bought a new position in GATX in the third quarter worth approximately $27,000. Ameriflex Group Inc. bought a new position in GATX in the third quarter worth approximately $27,000. Elevation Wealth Partners LLC bought a new position in GATX in the fourth quarter worth approximately $32,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in GATX in the fourth quarter worth approximately $33,000. Institutional investors own 93.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on GATX shares. The Goldman Sachs Group reissued a “buy” rating and issued a $222.00 price objective on shares of GATX in a research note on Thursday, May 7th. Citigroup raised shares of GATX from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $210.00 to $211.00 in a research note on Wednesday, April 8th. Susquehanna cut their price target on shares of GATX from $220.00 to $218.00 and set a “positive” rating on the stock in a report on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of GATX in a report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, GATX currently has an average rating of “Buy” and a consensus price target of $217.00.

Check Out Our Latest Report on GATX

GATX Price Performance

NYSE GATX opened at $171.36 on Wednesday. The firm’s fifty day simple moving average is $181.46 and its two-hundred day simple moving average is $176.92. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 3.41. GATX Corporation has a 12-month low of $144.56 and a 12-month high of $205.56. The firm has a market capitalization of $6.08 billion, a P/E ratio of 18.39 and a beta of 1.24.

GATX (NYSE:GATXGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The transportation company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.07. GATX had a net margin of 17.88% and a return on equity of 10.31%. The business had revenue of $583.70 million for the quarter, compared to analyst estimates of $599.76 million. During the same period in the previous year, the company earned $2.15 earnings per share. The business’s revenue for the quarter was up 38.4% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Analysts forecast that GATX Corporation will post 9.8 EPS for the current fiscal year.

GATX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, June 15th. GATX’s payout ratio is currently 28.33%.

GATX Profile

(Free Report)

GATX Corporation (NYSE: GATX) is a global railcar leasing and asset management company headquartered in Chicago, Illinois. Founded in 1898 as General American Transportation Corporation, GATX has grown into one of the world’s leading lessors of railcars, marine vessels and industrial assets. The company’s core business focuses on leasing and managing high-value equipment for customers in the energy, industrial, chemical, agricultural and metals markets.

In its Rail North America segment, GATX owns and manages a diverse fleet of more than 60,000 railcars, including tank cars, covered hoppers, boxcars and flatcars.

See Also

Institutional Ownership by Quarter for GATX (NYSE:GATX)

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