4,677 Shares in GATX Corporation $GATX Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in shares of GATX Corporation (NYSE:GATX) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,677 shares of the transportation company’s stock, valued at approximately $718,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Hantz Financial Services Inc. increased its holdings in shares of GATX by 434.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 187 shares of the transportation company’s stock worth $29,000 after buying an additional 152 shares during the last quarter. TCTC Holdings LLC grew its position in GATX by 117.0% in the first quarter. TCTC Holdings LLC now owns 243 shares of the transportation company’s stock worth $38,000 after acquiring an additional 131 shares in the last quarter. Bayforest Capital Ltd increased its stake in GATX by 219.0% during the second quarter. Bayforest Capital Ltd now owns 370 shares of the transportation company’s stock worth $57,000 after acquiring an additional 254 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in GATX during the second quarter valued at approximately $65,000. Finally, CWM LLC lifted its stake in shares of GATX by 12.7% in the 1st quarter. CWM LLC now owns 621 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 70 shares during the last quarter. 93.14% of the stock is owned by hedge funds and other institutional investors.

GATX Price Performance

GATX opened at $155.23 on Monday. The business has a fifty day moving average of $168.15 and a 200 day moving average of $158.80. The stock has a market cap of $5.54 billion, a P/E ratio of 18.13 and a beta of 1.20. The company has a quick ratio of 2.93, a current ratio of 3.81 and a debt-to-equity ratio of 3.26. GATX Corporation has a 52-week low of $139.44 and a 52-week high of $178.26.

GATX (NYSE:GATX) last released its earnings results on Tuesday, October 21st. The transportation company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.32 by ($0.22). The business had revenue of $439.30 million for the quarter, compared to the consensus estimate of $435.21 million. GATX had a return on equity of 11.62% and a net margin of 18.35%.The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.43 earnings per share. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. As a group, sell-side analysts anticipate that GATX Corporation will post 8.5 EPS for the current year.

GATX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, December 15th. GATX’s dividend payout ratio is currently 28.50%.

Analyst Ratings Changes

Several research firms have recently weighed in on GATX. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a research report on Wednesday, October 8th. Susquehanna lifted their price objective on shares of GATX from $190.00 to $192.00 and gave the stock a “positive” rating in a research note on Wednesday, October 22nd. Finally, Citigroup began coverage on shares of GATX in a research note on Monday, September 22nd. They issued a “buy” rating and a $201.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $184.00.

Insiders Place Their Bets

In other news, VP Geoffrey Phillips sold 2,100 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $168.74, for a total transaction of $354,354.00. Following the transaction, the vice president directly owned 6,740 shares of the company’s stock, valued at approximately $1,137,307.60. This trade represents a 23.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Anne L. Arvia sold 979 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $165.35, for a total value of $161,877.65. Following the completion of the sale, the director owned 33,077 shares of the company’s stock, valued at $5,469,281.95. The trade was a 2.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 15,714 shares of company stock worth $2,617,811 in the last three months. Corporate insiders own 2.17% of the company’s stock.

About GATX

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.