Tudor Investment Corp ET AL Reduces Stock Position in GATX Corporation $GATX

Tudor Investment Corp ET AL lowered its position in GATX Corporation (NYSE:GATX) by 44.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,423 shares of the transportation company’s stock after selling 44,225 shares during the period. Tudor Investment Corp ET AL owned about 0.15% of GATX worth $9,513,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. J.W. Cole Advisors Inc. lifted its stake in shares of GATX by 4.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 1,429 shares of the transportation company’s stock worth $219,000 after purchasing an additional 65 shares during the period. Brown Brothers Harriman & Co. increased its stake in shares of GATX by 26.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 315 shares of the transportation company’s stock worth $55,000 after purchasing an additional 66 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in GATX by 41.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 237 shares of the transportation company’s stock worth $41,000 after purchasing an additional 70 shares during the period. Vident Advisory LLC lifted its position in GATX by 2.6% during the third quarter. Vident Advisory LLC now owns 2,824 shares of the transportation company’s stock valued at $494,000 after purchasing an additional 72 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in GATX by 0.9% during the second quarter. Thrivent Financial for Lutherans now owns 8,406 shares of the transportation company’s stock valued at $1,291,000 after purchasing an additional 73 shares during the period. Institutional investors own 93.14% of the company’s stock.

GATX Stock Down 0.3%

GATX stock opened at $164.86 on Monday. The company has a quick ratio of 16.31, a current ratio of 16.31 and a debt-to-equity ratio of 3.45. GATX Corporation has a 52 week low of $139.44 and a 52 week high of $199.00. The stock has a market capitalization of $5.86 billion, a PE ratio of 18.08 and a beta of 1.19. The firm has a 50 day moving average of $182.29 and a 200 day moving average of $172.36.

GATX (NYSE:GATX) last posted its quarterly earnings results on Thursday, February 19th. The transportation company reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.02. GATX had a net margin of 19.15% and a return on equity of 11.05%. The business had revenue of $449.00 million during the quarter, compared to analysts’ expectations of $443.67 million. During the same quarter last year, the company posted $1.93 earnings per share. The business’s quarterly revenue was up 8.6% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Sell-side analysts forecast that GATX Corporation will post 8.5 earnings per share for the current year.

GATX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 2nd will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $2.64 dividend on an annualized basis and a yield of 1.6%. This is a boost from GATX’s previous quarterly dividend of $0.61. GATX’s payout ratio is 28.95%.

Analysts Set New Price Targets

GATX has been the topic of several research reports. The Goldman Sachs Group restated a “buy” rating and set a $204.00 price target on shares of GATX in a research note on Wednesday, January 14th. Susquehanna raised their target price on shares of GATX from $212.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, February 20th. Weiss Ratings restated a “buy (b)” rating on shares of GATX in a report on Thursday, January 22nd. Finally, Citigroup cut shares of GATX from a “buy” rating to a “neutral” rating and upped their price target for the stock from $197.00 to $210.00 in a research report on Tuesday, February 24th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, GATX has a consensus rating of “Moderate Buy” and a consensus target price of $211.33.

Insider Buying and Selling at GATX

In other news, EVP Brian L. Glassberg sold 2,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $198.29, for a total value of $396,580.00. Following the sale, the executive vice president directly owned 7,041 shares of the company’s stock, valued at $1,396,159.89. This represents a 22.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffery R. Young sold 2,595 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $196.29, for a total transaction of $509,372.55. Following the completion of the sale, the senior vice president owned 7,700 shares in the company, valued at $1,511,433. The trade was a 25.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 9,795 shares of company stock worth $1,907,525. Company insiders own 1.86% of the company’s stock.

GATX Company Profile

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.