GXO Logistics, Inc. (NYSE:GXO – Get Free Report) has earned a consensus rating of “Moderate Buy” from the fifteen analysts that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $63.9286.
A number of analysts have weighed in on the stock. Weiss Ratings upgraded shares of GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $58.00 to $65.00 in a report on Wednesday, May 27th. Susquehanna dropped their price target on GXO Logistics from $75.00 to $62.00 and set a “positive” rating for the company in a research note on Thursday, August 6th. Truist Financial dropped their price target on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Finally, Stifel Nicolaus cut their price objective on GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th.
Check Out Our Latest Report on GXO Logistics
GXO Logistics Stock Up 0.7%
GXO Logistics (NYSE:GXO – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01. The company had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $0.57 EPS. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, analysts forecast that GXO Logistics will post 3.06 earnings per share for the current fiscal year.
Institutional Trading of GXO Logistics
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisors Preferred LLC bought a new position in GXO Logistics in the 2nd quarter valued at approximately $1,535,000. Trust Co. of Vermont acquired a new stake in GXO Logistics during the 2nd quarter worth approximately $37,000. Firetrail Investments PTY Ltd. bought a new stake in GXO Logistics during the 2nd quarter worth approximately $6,298,000. Handelsbanken Fonder AB grew its holdings in GXO Logistics by 3.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 40,929 shares of the company’s stock worth $2,075,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its position in GXO Logistics by 17.3% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 22,714 shares of the company’s stock valued at $1,152,000 after acquiring an additional 3,349 shares during the period. 90.67% of the stock is currently owned by institutional investors.
About GXO Logistics
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.
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