Dimensional Fund Advisors LP Acquires 371,391 Shares of GXO Logistics, Inc. $GXO

Dimensional Fund Advisors LP increased its holdings in GXO Logistics, Inc. (NYSE:GXOFree Report) by 8.3% in the first quarter, Holdings Channel reports. The institutional investor owned 4,866,867 shares of the company’s stock after buying an additional 371,391 shares during the period. Dimensional Fund Advisors LP’s holdings in GXO Logistics were worth $252,318,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in GXO. Comerica Bank increased its holdings in GXO Logistics by 76.2% in the 4th quarter. Comerica Bank now owns 122,446 shares of the company’s stock valued at $6,446,000 after buying an additional 52,950 shares during the period. SG Americas Securities LLC lifted its holdings in shares of GXO Logistics by 1,381.4% during the 4th quarter. SG Americas Securities LLC now owns 203,407 shares of the company’s stock worth $10,707,000 after acquiring an additional 189,676 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of GXO Logistics by 16.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 250,057 shares of the company’s stock worth $13,163,000 after acquiring an additional 36,036 shares during the period. Maxi Investments CY Ltd acquired a new stake in shares of GXO Logistics during the 4th quarter worth approximately $1,748,000. Finally, UBS Group AG boosted its position in shares of GXO Logistics by 25.8% during the 4th quarter. UBS Group AG now owns 1,018,649 shares of the company’s stock worth $53,622,000 after acquiring an additional 208,748 shares in the last quarter. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Stock Performance

GXO Logistics stock opened at $54.00 on Thursday. The business has a 50 day moving average of $49.99 and a 200-day moving average of $54.25. GXO Logistics, Inc. has a 1 year low of $45.40 and a 1 year high of $66.85. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $6.21 billion, a P/E ratio of 47.37, a P/E/G ratio of 1.79 and a beta of 1.55.

GXO Logistics (NYSE:GXOGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same period last year, the company earned $0.29 EPS. The firm’s 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. On average, equities research analysts predict that GXO Logistics, Inc. will post 3.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Citigroup started coverage on shares of GXO Logistics in a research report on Wednesday, July 15th. They set a “market outperform” rating for the company. Stifel Nicolaus decreased their price target on GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Truist Financial lowered their price target on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Morgan Stanley upped their price objective on GXO Logistics from $75.00 to $78.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Finally, Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Twelve equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $70.07.

Get Our Latest Report on GXO

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.

See Also

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

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