GATX Corporation $GATX Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System boosted its holdings in GATX Corporation (NYSE:GATX) by 17.3% during the first quarter, Holdings Channel.com reports. The fund owned 37,587 shares of the transportation company’s stock after acquiring an additional 5,536 shares during the period. California State Teachers Retirement System’s holdings in GATX were worth $6,418,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its holdings in GATX by 364.5% during the 3rd quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of GATX in the fourth quarter valued at about $27,000. Los Angeles Capital Management LLC purchased a new stake in shares of GATX in the fourth quarter valued at about $27,000. Rothschild Investment LLC grew its position in shares of GATX by 127.6% in the fourth quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 97 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of GATX in the fourth quarter valued at approximately $33,000. 93.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

GATX has been the subject of several research reports. Citigroup lifted their price objective on GATX from $214.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a report on Friday, July 17th. Susquehanna raised their price target on GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $222.00 price target on shares of GATX in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $219.00.

GATX Price Performance

GATX stock opened at $179.21 on Thursday. GATX Corporation has a 1 year low of $150.42 and a 1 year high of $205.56. The company has a debt-to-equity ratio of 3.44, a quick ratio of 3.91 and a current ratio of 3.90. The firm has a 50 day moving average price of $176.81 and a 200 day moving average price of $180.73. The company has a market cap of $6.33 billion, a price-to-earnings ratio of 17.74 and a beta of 1.17.

GATX (NYSE:GATX) last posted its quarterly earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.38. The company had revenue of $580.10 million for the quarter, compared to the consensus estimate of $598.77 million. GATX had a net margin of 17.94% and a return on equity of 10.43%. GATX’s revenue was up 34.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.06 earnings per share. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Sell-side analysts predict that GATX Corporation will post 10.1 earnings per share for the current year.

GATX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.66 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. GATX’s dividend payout ratio (DPR) is presently 26.14%.

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.