Corient Private Wealth LP Invests $1.61 Million in GATX Corporation $GATX

Corient Private Wealth LP bought a new position in shares of GATX Corporation (NYSE:GATX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,088 shares of the transportation company’s stock, valued at approximately $1,610,000.

Several other large investors have also made changes to their positions in the company. Larson Financial Group LLC boosted its holdings in GATX by 364.5% in the third 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 during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in GATX during the 4th quarter worth about $27,000. Los Angeles Capital Management LLC bought a new stake in GATX during the 4th quarter worth about $27,000. Rothschild Investment LLC lifted its position in GATX by 127.6% during the 4th 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 period. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in GATX during the 2nd quarter valued at about $32,000. Institutional investors and hedge funds own 93.14% of the company’s stock.

Insider Buying and Selling

In related news, SVP Eren Doygun sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $179.52, for a total transaction of $179,520.00. Following the completion of the transaction, the senior vice president owned 5,323 shares in the company, valued at approximately $955,584.96. The trade was a 15.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Thomas A. Ellman sold 18,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $180.08, for a total transaction of $3,277,456.00. Following the completion of the sale, the chief financial officer directly owned 34,361 shares of the company’s stock, valued at $6,187,728.88. The trade was a 34.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.86% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GATX. Weiss Ratings lowered shares of GATX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Susquehanna boosted their price target on shares of GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating and issued a $222.00 price objective on shares of GATX in a report on Thursday, May 7th. Finally, Citigroup raised their price objective on shares of GATX from $214.00 to $215.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $219.00.

GATX Stock Up 0.9%

Shares of GATX stock opened at $177.29 on Friday. The business has a fifty day simple moving average of $178.45 and a 200 day simple moving average of $179.67. The stock has a market cap of $6.26 billion, a PE ratio of 17.55 and a beta of 1.17. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 3.44. GATX Corporation has a 12 month low of $150.42 and a 12 month high of $205.56.

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

GATX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. GATX’s dividend payout ratio is 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.