Firetrail Investments PTY Ltd. Has $8.78 Million Stock Holdings in GXO Logistics, Inc. $GXO

Firetrail Investments PTY Ltd. trimmed its stake in GXO Logistics, Inc. (NYSE:GXO) by 26.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 166,041 shares of the company’s stock after selling 59,432 shares during the quarter. GXO Logistics makes up about 2.9% of Firetrail Investments PTY Ltd.’s portfolio, making the stock its 16th biggest holding. Firetrail Investments PTY Ltd. owned 0.15% of GXO Logistics worth $8,783,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in GXO. Allworth Financial LP boosted its holdings in shares of GXO Logistics by 175.0% in the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the last quarter. Accredited Wealth Management LLC increased its holdings in GXO Logistics by 1,100.0% during the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after buying an additional 550 shares during the last quarter. Chapman Financial Group LLC acquired a new position in GXO Logistics during the second quarter worth $34,000. Farther Finance Advisors LLC raised its position in GXO Logistics by 177.9% during the third quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock worth $41,000 after acquiring an additional 491 shares in the last quarter. Finally, Quent Capital LLC bought a new stake in GXO Logistics during the third quarter worth $50,000. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Trading Down 0.4%

GXO stock opened at $51.70 on Friday. GXO Logistics, Inc. has a one year low of $39.15 and a one year high of $66.85. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 45.35, a price-to-earnings-growth ratio of 1.74 and a beta of 1.62. The company has a fifty day moving average price of $55.25 and a two-hundred day moving average price of $55.08. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.13. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.22 billion. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The company’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Equities analysts anticipate that GXO Logistics, Inc. will post 3.02 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GXO. Stifel Nicolaus set a $71.00 price objective on shares of GXO Logistics in a research report on Thursday. Wells Fargo & Company cut their target price on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday. Weiss Ratings cut GXO Logistics from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Oppenheimer reissued an “outperform” rating and set a $70.00 price target on shares of GXO Logistics in a research report on Thursday, February 12th. Finally, Wall Street Zen raised GXO Logistics from a “hold” rating to a “buy” rating in a research report on Saturday. Ten equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, GXO Logistics currently has a consensus rating of “Moderate Buy” and an average target price of $68.83.

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.