Sanctuary Advisors LLC Takes $1.30 Million Position in GATX Corporation $GATX

Sanctuary Advisors LLC acquired a new position in shares of GATX Corporation (NYSE:GATXFree Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 7,331 shares of the transportation company’s stock, valued at approximately $1,299,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GATX. BlackRock Inc. purchased a new stake in GATX during the second quarter valued at about $823,055,000. Dimensional Fund Advisors LP raised its holdings in shares of GATX by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,481,900 shares of the transportation company’s stock worth $251,337,000 after purchasing an additional 9,109 shares during the period. Bank of America Corp DE lifted its stake 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 valued at $187,304,000 after purchasing an additional 6,104 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of GATX by 0.4% during the 4th quarter. Wellington Management Group LLP now owns 1,011,703 shares of the transportation company’s stock worth $171,585,000 after purchasing an additional 4,406 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of GATX by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 885,634 shares of the transportation company’s stock worth $150,228,000 after purchasing an additional 3,655 shares during the period. 93.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other GATX news, SVP Eren Doygun sold 1,000 shares of GATX stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $179.52, for a total transaction of $179,520.00. Following the sale, the senior vice president directly owned 5,323 shares in the company, valued at $955,584.96. The trade was a 15.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas A. Ellman sold 18,200 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $180.08, for a total value of $3,277,456.00. Following the transaction, the chief financial officer owned 34,361 shares of the company’s stock, valued at approximately $6,187,728.88. This trade represents a 34.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.86% of the stock is owned by company insiders.

GATX Stock Performance

Shares of GATX stock opened at $178.53 on Friday. GATX Corporation has a 12 month low of $150.42 and a 12 month high of $205.56. The company has a debt-to-equity ratio of 3.44, a current ratio of 3.90 and a quick ratio of 3.90. The firm has a market capitalization of $6.30 billion, a P/E ratio of 17.68 and a beta of 1.17. The company’s fifty day moving average price is $178.77 and its two-hundred day moving average price is $180.17.

GATX (NYSE:GATXGet Free Report) last announced its earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.46 by $0.38. GATX had a return on equity of 10.43% and a net margin of 17.94%.The company had revenue of $580.10 million during the quarter, compared to the consensus estimate of $598.77 million. During the same period last year, the firm earned $2.06 earnings per share. The company’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. On average, research analysts anticipate that GATX Corporation will post 10.1 earnings per share for the current fiscal year.

GATX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, September 15th. GATX’s dividend payout ratio (DPR) is 26.14%.

Wall Street Analyst Weigh In

GATX has been the topic of several research reports. Weiss Ratings lowered shares of GATX from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Susquehanna boosted their price objective on shares of GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, July 31st. The Goldman Sachs Group reissued a “buy” rating and issued a $222.00 price objective on shares of GATX in a research report on Thursday, May 7th. Finally, Citigroup raised their target price on shares of GATX from $214.00 to $215.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, GATX has a consensus rating of “Buy” and a consensus price target of $219.00.

Check Out Our Latest Stock Report on GATX

GATX Company Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for GATX (NYSE:GATX)

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.