New Age Alpha Advisors LLC Has $2.64 Million Position in GATX Corporation $GATX

New Age Alpha Advisors LLC raised its stake in GATX Corporation (NYSE:GATX) by 734.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,555 shares of the transportation company’s stock after purchasing an additional 13,691 shares during the period. New Age Alpha Advisors LLC’s holdings in GATX were worth $2,638,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of GATX. Northwestern Mutual Wealth Management Co. increased its holdings in shares of GATX by 270,265.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 640,765 shares of the transportation company’s stock valued at $108,674,000 after purchasing an additional 640,528 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of GATX by 681.7% in the third quarter. Alliancebernstein L.P. now owns 574,333 shares of the transportation company’s stock valued at $100,393,000 after purchasing an additional 500,857 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of GATX by 429.5% in the second quarter. Squarepoint Ops LLC now owns 187,835 shares of the transportation company’s stock valued at $28,844,000 after acquiring an additional 152,361 shares in the last quarter. Steadfast Capital Management LP acquired a new position in shares of GATX in the third quarter valued at about $24,489,000. Finally, Invesco Ltd. grew its stake in shares of GATX by 104.7% in the second quarter. Invesco Ltd. now owns 113,613 shares of the transportation company’s stock valued at $17,446,000 after acquiring an additional 58,100 shares in the last quarter. 93.14% of the stock is currently owned by institutional investors and hedge funds.

GATX Trading Up 1.0%

GATX stock opened at $171.36 on Wednesday. The company has a debt-to-equity ratio of 3.41, a quick ratio of 3.91 and a current ratio of 3.91. The company’s 50-day simple moving average is $181.46 and its 200 day simple moving average is $176.92. GATX Corporation has a 52 week low of $144.56 and a 52 week high of $205.56. The company has a market capitalization of $6.08 billion, a PE ratio of 18.39 and a beta of 1.24.

GATX (NYSE:GATX) last released its quarterly earnings results on Thursday, May 7th. The transportation company reported $2.35 EPS for the quarter, beating 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 the consensus estimate of $599.76 million. During the same period in the prior year, the company posted $2.15 earnings per share. GATX’s revenue was up 38.4% compared to the same quarter last year. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. As a group, sell-side analysts anticipate that GATX Corporation will post 9.8 earnings per share for the current year.

GATX Announces Dividend

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

Analysts Set New Price Targets

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

About GATX

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.