GATX (NYSE:GATX – Get Free Report) had its price target lifted by stock analysts at Citigroup from $214.00 to $215.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Citigroup’s price target would suggest a potential upside of 18.94% from the stock’s previous close.
A number of other equities research analysts also recently commented on GATX. Weiss Ratings restated a “buy (b)” rating on shares of GATX in a research report on Friday, July 17th. The Goldman Sachs Group restated a “buy” rating and issued a $222.00 price target on shares of GATX in a research note on Thursday, May 7th. Finally, Susquehanna increased their price objective on GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $219.00.
Get Our Latest Analysis on GATX
GATX Stock Performance
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 (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.38. The firm had revenue of $580.10 million for the quarter, compared to analyst estimates of $598.77 million. GATX had a return on equity of 10.43% and a net margin of 17.94%.The business’s revenue was up 34.8% on a year-over-year basis. During the same quarter last year, the company posted $2.06 earnings per share. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Equities research analysts predict that GATX will post 10.1 EPS for the current year.
Hedge Funds Weigh In On GATX
Hedge funds have recently bought and sold shares of the business. Larson Financial Group LLC raised its stake in GATX by 364.5% in the 3rd quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of GATX during the 4th quarter worth approximately $27,000. Los Angeles Capital Management LLC bought a new position in shares of GATX during the fourth quarter worth approximately $27,000. Rothschild Investment LLC raised its position in shares of GATX by 127.6% in the fourth quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock valued at $29,000 after buying an additional 97 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of GATX in the fourth quarter valued at approximately $33,000. 93.14% of the stock is owned by institutional investors.
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.
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