Milford Funds Ltd. Invests $43.25 Million in GXO Logistics, Inc. $GXO

Milford Funds Ltd. purchased a new position in shares of GXO Logistics, Inc. (NYSE:GXOFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 821,627 shares of the company’s stock, valued at approximately $43,250,000. Milford Funds Ltd. owned about 0.72% of GXO Logistics as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of GXO Logistics by 3,222,426.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock valued at $593,791,000 after purchasing an additional 11,697,409 shares in the last quarter. Norges Bank bought a new stake in GXO Logistics in the fourth quarter valued at $57,598,000. Balyasny Asset Management L.P. grew its position in GXO Logistics by 1,511.4% in the third quarter. Balyasny Asset Management L.P. now owns 832,066 shares of the company’s stock valued at $44,008,000 after acquiring an additional 780,431 shares during the period. Parsifal Capital Management LP grew its position in GXO Logistics by 77.5% in the third quarter. Parsifal Capital Management LP now owns 1,482,957 shares of the company’s stock valued at $78,434,000 after acquiring an additional 647,457 shares during the period. Finally, M&T Bank Corp grew its position in GXO Logistics by 7,226.9% in the fourth quarter. M&T Bank Corp now owns 311,320 shares of the company’s stock valued at $16,388,000 after acquiring an additional 307,071 shares during the period. 90.67% of the stock is currently owned by institutional investors and hedge funds.

GXO Logistics Trading Down 0.4%

GXO opened at $49.61 on Friday. The firm has a 50-day moving average price of $52.13 and a two-hundred day moving average price of $54.51. The stock has a market capitalization of $5.71 billion, a PE ratio of 43.52, a PEG ratio of 1.65 and a beta of 1.56. GXO Logistics, Inc. has a 1-year low of $42.49 and a 1-year 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.

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GXO shares. Weiss Ratings cut GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Barclays upgraded GXO Logistics from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. Stifel Nicolaus set a $71.00 price target on GXO Logistics in a research report on Thursday, May 7th. Morgan Stanley reiterated an “overweight” rating and issued a $75.00 price target on shares of GXO Logistics in a research report on Tuesday, February 17th. Finally, Wells Fargo & Company lowered their price target on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $69.92.

View Our Latest Research Report on GXO Logistics

GXO Logistics Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GXO Logistics (NYSE:GXO)

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