Encompass Capital Advisors LLC Acquires 298,974 Shares of GXO Logistics, Inc. $GXO

Encompass Capital Advisors LLC grew its holdings in GXO Logistics, Inc. (NYSE:GXO) by 74.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 698,974 shares of the company’s stock after purchasing an additional 298,974 shares during the quarter. GXO Logistics makes up 1.5% of Encompass Capital Advisors LLC’s investment portfolio, making the stock its 21st largest position. Encompass Capital Advisors LLC’s holdings in GXO Logistics were worth $36,794,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in GXO. Allworth Financial LP grew its position in GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after acquiring an additional 329 shares in the last quarter. Accredited Wealth Management LLC grew its position in GXO Logistics by 1,100.0% in the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after acquiring an additional 550 shares in the last quarter. Chapman Financial Group LLC bought a new stake in GXO Logistics in the second quarter worth approximately $34,000. Fifth Third Bancorp lifted its stake in shares of GXO Logistics by 22.0% in the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after buying an additional 219 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of GXO Logistics by 85.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after buying an additional 653 shares during the last quarter. 90.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on GXO shares. Wells Fargo & Company reduced their price objective 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, May 7th. Weiss Ratings cut shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. The Goldman Sachs Group cut shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price objective for the company. in a research note on Wednesday, March 4th. Stifel Nicolaus set a $71.00 price objective on shares of GXO Logistics in a research note on Thursday, May 7th. Finally, Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $58.00 to $65.00 in a research note on Wednesday, May 27th. Eleven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, GXO Logistics presently has a consensus rating of “Moderate Buy” and an average price target of $69.92.

GXO Logistics Price Performance

Shares of GXO Logistics stock opened at $48.13 on Thursday. The firm has a fifty day simple moving average of $51.92 and a 200-day simple moving average of $54.54. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. GXO Logistics, Inc. has a 1-year low of $42.61 and a 1-year high of $66.85. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 42.22, a PEG ratio of 1.66 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last released its earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.37 by $0.13. The firm had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.22 billion. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.29 EPS. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, sell-side analysts expect that GXO Logistics, Inc. will post 3.06 earnings per share for the current year.

GXO Logistics 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.