GATX Corporation (NYSE:GATX – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $178.84 and traded as high as $184.27. GATX shares last traded at $180.1290, with a volume of 449,779 shares trading hands.
Key Headlines Impacting GATX
Here are the key news stories impacting GATX this week:
- Positive Sentiment: GATX exceeded third-quarter expectations: Adjusted EPS came in at $2.92, above the $2.46 analyst consensus, while revenue rose 36.1% year over year to $598 million, topping expectations of approximately $592.7 million. Net income increased to $105.2 million from $82.2 million a year earlier. GATX third-quarter earnings report
- Positive Sentiment: Management raised its outlook: GATX expects 2026 earnings to modestly exceed the top end of its previous $9.90–$10.30 per-share guidance range. The improved forecast signals continued strength in the railcar leasing market. GATX raises 2026 earnings outlook
- Positive Sentiment: Railcar demand and operating metrics remained strong: GATX said demand for existing railcars supported results. North American fleet utilization was 98.4%, with Europe at 96.1% and India at 100%. Rail North America segment profit climbed to $121.3 million from $70.7 million in the prior-year quarter. GATX earnings rise on strong railcar demand
- Neutral Sentiment: The company invested $171.7 million during the quarter and recorded $51.7 million in net gains on asset dispositions, supporting near-term earnings but potentially making results less representative of recurring operations. GATX quarterly performance
- Negative Sentiment: Reported insider activity was entirely selling over the past six months, with executives selling shares and no recorded purchases. This may modestly temper sentiment, although the transactions do not outweigh the stronger earnings and guidance signals. GATX insider activity and third-quarter results
Analyst Upgrades and Downgrades
Several research analysts have commented on the stock. Weiss Ratings lowered shares of GATX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. Citigroup boosted their target price on GATX from $215.00 to $216.00 and gave the company a “buy” rating in a research report on Thursday, October 8th. Finally, Susquehanna increased their price target on GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, GATX presently has an average rating of “Buy” and a consensus target price of $219.33.
Check Out Our Latest Stock Analysis on GATX
GATX Price Performance
The firm has a market capitalization of $6.41 billion, a P/E ratio of 16.85 and a beta of 1.19. The stock’s 50 day simple moving average is $173.68 and its 200 day simple moving average is $178.87. The company has a debt-to-equity ratio of 3.37, a quick ratio of 3.90 and a current ratio of 2.38.
GATX (NYSE:GATX – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The transportation company reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.46 by $0.46. The company had revenue of $598.00 million for the quarter, compared to analysts’ expectations of $592.66 million. GATX had a return on equity of 10.62% and a net margin of 17.69%. GATX’s revenue was up 36.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.25 earnings per share. As a group, analysts expect that GATX Corporation will post 10.10 earnings per share for the current fiscal year.
Insider Activity
In other news, SVP Eren Doygun sold 1,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were 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 of the company’s stock, valued at $955,584.96. This represents a 15.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Geoffrey Phillips sold 2,500 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $177.60, for a total transaction of $444,000.00. Following the completion of the sale, the vice president owned 1 shares of the company’s stock, valued at $177.60. This trade represents a 99.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,700 shares of company stock valued at $3,900,976 in the last quarter. 1.86% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On GATX
Institutional investors have recently modified their holdings of the company. HB Wealth Management LLC increased its position in GATX by 3.6% during the second quarter. HB Wealth Management LLC now owns 1,806 shares of the transportation company’s stock worth $320,000 after acquiring an additional 63 shares during the period. Assetmark Inc. boosted its holdings in GATX by 50.8% in the 1st quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 66 shares during the period. Versant Capital Management Inc boosted its holdings in GATX by 23.3% in the 2nd quarter. Versant Capital Management Inc now owns 407 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 77 shares during the period. EverSource Wealth Advisors LLC grew its position in GATX by 18.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 832 shares of the transportation company’s stock worth $142,000 after purchasing an additional 130 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in GATX by 2.1% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 7,308 shares of the transportation company’s stock worth $1,248,000 after purchasing an additional 147 shares during the last quarter. 93.14% of the stock is owned by institutional investors and hedge funds.
GATX Company Profile
GATX Corporation is a global asset-leasing company focused primarily on rail transportation. Through its rail businesses, the company owns, leases and manages a diverse fleet of freight railcars used to transport commodities and manufactured goods, including tank cars, covered and open hoppers, boxcars and specialized rail equipment. GATX also provides fleet management, maintenance and other services that support railcar customers.
GATX serves customers across North America and Europe through operations that include GATX Rail North America and GATX Rail Europe.
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