SG Americas Securities LLC Raises Stock Holdings in GATX Corporation $GATX

SG Americas Securities LLC increased its holdings in shares of GATX Corporation (NYSE:GATX) by 63.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,992 shares of the transportation company’s stock after acquiring an additional 8,179 shares during the quarter. SG Americas Securities LLC owned approximately 0.06% of GATX worth $3,560,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Elevation Wealth Partners LLC purchased a new stake in shares of GATX during the 4th quarter valued at $32,000. Adirondack Trust Co. boosted its holdings in shares of GATX by 50.0% in the 4th quarter. Adirondack Trust Co. now owns 600 shares of the transportation company’s stock worth $102,000 after buying an additional 200 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in GATX by 3.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,768 shares of the transportation company’s stock valued at $684,000 after buying an additional 121 shares during the period. Oliver Luxxe Assets LLC grew its position in GATX by 6.4% during the fourth quarter. Oliver Luxxe Assets LLC now owns 15,839 shares of the transportation company’s stock valued at $2,686,000 after buying an additional 946 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in GATX by 1.9% during the fourth quarter. Park Avenue Securities LLC now owns 5,157 shares of the transportation company’s stock worth $875,000 after buying an additional 96 shares during the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

GATX Trading Up 1.2%

Shares of GATX opened at $173.66 on Friday. GATX Corporation has a fifty-two week low of $139.44 and a fifty-two week high of $199.00. The business has a 50-day moving average of $180.59 and a 200 day moving average of $172.38. The firm has a market cap of $6.17 billion, a P/E ratio of 19.04 and a beta of 1.22. The company has a debt-to-equity ratio of 3.45, a quick ratio of 16.31 and a current ratio of 16.31.

GATX (NYSE:GATX) last released its quarterly earnings data on Thursday, February 19th. The transportation company reported $2.44 EPS for the quarter, beating the consensus estimate of $2.42 by $0.02. The business had revenue of $449.00 million for the quarter, compared to the consensus estimate of $443.67 million. GATX had a net margin of 19.15% and a return on equity of 11.05%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.93 earnings per share. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. As a group, research analysts forecast that GATX Corporation will post 8.5 EPS for the current year.

GATX Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 2nd were paid a $0.66 dividend. The ex-dividend date was Monday, March 2nd. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. This is a positive change from GATX’s previous quarterly dividend of $0.61. GATX’s dividend payout ratio (DPR) is presently 28.95%.

Analyst Upgrades and Downgrades

Several brokerages have commented on GATX. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GATX in a research report on Thursday, January 22nd. Susquehanna increased their target price on shares of GATX from $212.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, February 20th. The Goldman Sachs Group restated a “buy” rating and set a $204.00 price target on shares of GATX in a research note on Wednesday, January 14th. Finally, Citigroup downgraded GATX from a “buy” rating to a “neutral” rating and upped their price objective for the company from $197.00 to $210.00 in a research note on Tuesday, February 24th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $211.33.

Insider Activity at GATX

In other GATX news, VP Robert Zmudka sold 5,200 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $192.61, for a total transaction of $1,001,572.00. Following the sale, the vice president owned 7,493 shares of the company’s stock, valued at $1,443,226.73. The trade was a 40.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jeffery R. Young sold 2,595 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $196.29, for a total value of $509,372.55. Following the sale, the senior vice president owned 7,700 shares in the company, valued at approximately $1,511,433. This represents a 25.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 9,795 shares of company stock worth $1,907,525. Corporate insiders own 1.86% of the company’s stock.

GATX 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.