VIRGINIA RETIREMENT SYSTEMS ET Al Acquires 21,400 Shares of GXO Logistics, Inc. $GXO

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in GXO Logistics, Inc. (NYSE:GXO) by 135.1% in the 4th quarter, HoldingsChannel reports. The firm owned 37,241 shares of the company’s stock after buying an additional 21,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in GXO Logistics were worth $1,960,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Ashton Thomas Private Wealth LLC grew its position in shares of GXO Logistics by 1.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,319 shares of the company’s stock worth $599,000 after buying an additional 202 shares during the last quarter. GAMMA Investing LLC grew its position in shares of GXO Logistics by 14.3% in the 4th quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock worth $86,000 after buying an additional 205 shares during the last quarter. Fifth Third Bancorp grew its position in shares of GXO Logistics by 22.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after buying an additional 219 shares during the last quarter. First Bank & Trust grew its position in shares of GXO Logistics by 4.0% in the 4th quarter. First Bank & Trust now owns 5,696 shares of the company’s stock worth $300,000 after buying an additional 219 shares during the last quarter. Finally, CWM LLC grew its position in shares of GXO Logistics by 11.4% in the 4th quarter. CWM LLC now owns 2,350 shares of the company’s stock worth $124,000 after buying an additional 240 shares during the last quarter. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Stock Down 3.5%

NYSE:GXO opened at $48.20 on Friday. The company has a market cap of $5.54 billion, a PE ratio of 42.28, a P/E/G ratio of 1.66 and a beta of 1.62. GXO Logistics, Inc. has a twelve month low of $39.33 and a twelve month high of $66.85. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. The company’s 50 day moving average is $53.78 and its two-hundred day moving average is $54.90.

GXO Logistics (NYSE:GXO) last released its earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.13. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. GXO Logistics’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.29 EPS. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Analysts anticipate that GXO Logistics, Inc. will post 3.06 EPS for the current year.

Wall Street Analyst Weigh In

GXO has been the topic of a number of analyst reports. Susquehanna reaffirmed a “positive” rating and issued a $82.00 price objective on shares of GXO Logistics in a research report on Thursday, February 12th. The Goldman Sachs Group downgraded shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price objective on the stock. in a research report on Wednesday, March 4th. Wall Street Zen raised shares of GXO Logistics from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Oppenheimer reaffirmed an “outperform” rating and issued a $70.00 price objective on shares of GXO Logistics in a research report on Thursday, February 12th. Finally, Morgan Stanley reissued an “overweight” rating and set a $75.00 target price on shares of GXO Logistics in a research report on Tuesday, February 17th. Ten investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $68.83.

GXO Logistics Profile

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.