GATX (NYSE:GATX – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 9.900-10.30 for the period, compared to the consensus earnings per share estimate of 9.990. The company issued revenue guidance of -.
GATX Trading Down 1.4%
NYSE GATX opened at $179.16 on Friday. The stock has a market cap of $6.36 billion, a P/E ratio of 17.74 and a beta of 1.17. The company’s fifty day simple moving average is $176.25 and its 200-day simple moving average is $180.62. The company has a current ratio of 3.90, a quick ratio of 3.91 and a debt-to-equity ratio of 3.44. GATX has a 52 week low of $148.20 and a 52 week high of $205.56.
GATX (NYSE:GATX – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.38. GATX had a net margin of 17.94% and a return on equity of 10.43%. The business had revenue of $580.10 million during the quarter, compared to analyst estimates of $598.77 million. During the same period last year, the business earned $2.06 EPS. The business’s revenue was up 34.8% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Equities research analysts predict that GATX will post 9.8 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on GATX
GATX News Summary
Here are the key news stories impacting GATX this week:
- Positive Sentiment: GATX reported second-quarter adjusted earnings of $2.84 per share, well above the $2.46 analyst consensus and up from $2.06 a year earlier. Net income increased to $103.4 million, while revenue rose 34.8% year over year to $580.1 million. GATX Corporation Reports 2026 Second-Quarter Results
- Positive Sentiment: The company raised its 2026 earnings outlook to $9.90-$10.30 per share, citing contributions from its rail and engine-leasing businesses, the Wells Fargo Rail fleet integration and continued investment activity. Engine Leasing segment profit more than doubled to $66.4 million, while Rail North America profit rose to $118.5 million and fleet utilization reached 98%. GATX raises 2026 EPS outlook
- Positive Sentiment: Susquehanna raised its price target from $218 to $220 and maintained a positive rating, signaling confidence that GATX’s earnings momentum and asset-leasing fundamentals are not fully reflected in the stock. Benzinga analyst update
- Neutral Sentiment: GATX declared an unchanged quarterly dividend of $0.66 per share, payable September 30 to shareholders of record September 15. The decision supports income-oriented investors but provides no increase-related catalyst. GATX quarterly dividend announcement
- Negative Sentiment: Quarterly revenue of $580.1 million missed expectations of approximately $598.8 million. The sales miss may be tempering the market’s reaction to the earnings beat and guidance increase. GATX misses Q2 revenue estimates
- Negative Sentiment: Recent insider activity cited in the earnings coverage shows multiple insider sales and no purchases over the past six months, a potentially cautious signal for investors. GATX insider trading and earnings update
Institutional Trading of GATX
Institutional investors and hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in GATX by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,481,900 shares of the transportation company’s stock valued at $251,337,000 after buying an additional 9,109 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of GATX by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 1,219,746 shares of the transportation company’s stock worth $187,304,000 after acquiring an additional 6,104 shares during the period. Wellington Management Group LLP increased its holdings in shares of GATX by 0.4% in the 4th quarter. Wellington Management Group LLP now owns 1,011,703 shares of the transportation company’s stock worth $171,585,000 after acquiring an additional 4,406 shares during the period. Alliancebernstein L.P. lifted its position in GATX by 681.7% in the 3rd quarter. Alliancebernstein L.P. now owns 574,333 shares of the transportation company’s stock valued at $100,393,000 after purchasing an additional 500,857 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in GATX by 31.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 249,956 shares of the transportation company’s stock valued at $42,392,000 after purchasing an additional 60,273 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than GATX
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
- MarketBeat Week in Review – 07/27- 07/31
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
Receive News & Ratings for GATX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GATX and related companies with MarketBeat.com's FREE daily email newsletter.
