SG Americas Securities LLC Raises Position in GXO Logistics, Inc. $GXO

SG Americas Securities LLC boosted its holdings in GXO Logistics, Inc. (NYSE:GXO) by 179.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,731 shares of the company’s stock after purchasing an additional 8,821 shares during the period. SG Americas Securities LLC’s holdings in GXO Logistics were worth $726,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GXO. Chapman Financial Group LLC purchased a new position in shares of GXO Logistics in the second quarter worth about $34,000. Farther Finance Advisors LLC grew its position in GXO Logistics by 177.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock worth $41,000 after acquiring an additional 491 shares during the last quarter. Hantz Financial Services Inc. increased its stake in GXO Logistics by 1,964.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 929 shares of the company’s stock worth $45,000 after purchasing an additional 884 shares during the period. GAMMA Investing LLC lifted its position in GXO Logistics by 34.0% in the second quarter. GAMMA Investing LLC now owns 1,115 shares of the company’s stock valued at $54,000 after purchasing an additional 283 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in GXO Logistics by 4,775.6% in the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock valued at $78,000 after purchasing an additional 1,958 shares during the last quarter. 90.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

GXO has been the topic of several analyst reports. Susquehanna lifted their target price on shares of GXO Logistics from $64.00 to $80.00 and gave the stock a “positive” rating in a research note on Thursday, January 8th. The Goldman Sachs Group raised shares of GXO Logistics from a “neutral” rating to a “buy” rating and raised their price target for the stock from $52.00 to $68.00 in a report on Wednesday, September 24th. Wells Fargo & Company upped their price objective on shares of GXO Logistics from $60.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. UBS Group increased their target price on shares of GXO Logistics from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft upgraded GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a report on Thursday, November 6th. Eleven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $64.38.

GXO Logistics Price Performance

GXO stock opened at $56.74 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.71 and a quick ratio of 0.71. GXO Logistics, Inc. has a 1 year low of $30.46 and a 1 year high of $58.00. The firm has a 50-day moving average of $52.84 and a 200 day moving average of $52.45. The company has a market cap of $6.50 billion, a P/E ratio of 74.66, a PEG ratio of 1.81 and a beta of 1.64.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.01. GXO Logistics had a return on equity of 10.45% and a net margin of 0.69%.The business had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the previous year, the firm posted $0.79 EPS. The business’s revenue was up 7.5% on a year-over-year basis. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. On average, sell-side analysts forecast that GXO Logistics, Inc. will post 2.49 EPS for the current year.

Insiders Place Their Bets

In other news, Director Todd C. Cooper acquired 6,000 shares of the firm’s stock in a transaction on Friday, November 28th. The stock was acquired at an average price of $50.59 per share, for a total transaction of $303,540.00. Following the completion of the acquisition, the director owned 10,040 shares in the company, valued at $507,923.60. This trade represents a 148.51% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is currently owned by insiders.

GXO Logistics Company Profile

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.