GATX Corporation $GATX Holdings Reduced by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL reduced its stake in shares of GATX Corporation (NYSE:GATX) by 8.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,100,973 shares of the transportation company’s stock after selling 96,664 shares during the period. GATX makes up approximately 1.8% of Gamco Investors INC. ET AL’s portfolio, making the stock its 2nd biggest holding. Gamco Investors INC. ET AL’s holdings in GATX were worth $187,980,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Northwestern Mutual Investment Management Company LLC lifted its holdings in shares of GATX by 0.7% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 7,988 shares of the transportation company’s stock valued at $1,355,000 after buying an additional 53 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in GATX by 0.8% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 6,310 shares of the transportation company’s stock worth $1,070,000 after acquiring an additional 53 shares during the period. EverSource Wealth Advisors LLC raised its position in GATX by 8.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 702 shares of the transportation company’s stock valued at $119,000 after acquiring an additional 55 shares in the last quarter. Assetmark Inc. raised its position in GATX by 50.8% during the first quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 66 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in GATX by 26.5% during the third quarter. Brown Brothers Harriman & Co. now owns 315 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Susquehanna lowered their price objective on GATX from $220.00 to $218.00 and set a “positive” rating on the stock in a research report on Friday, May 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GATX in a report on Friday, July 17th. The Goldman Sachs Group reiterated a “buy” rating and issued a $222.00 target price on shares of GATX in a research note on Thursday, May 7th. Finally, Citigroup increased their price target on shares of GATX from $211.00 to $214.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $218.00.

GATX Price Performance

Shares of GATX stock opened at $184.49 on Friday. The firm has a market cap of $6.55 billion, a PE ratio of 19.80 and a beta of 1.17. GATX Corporation has a twelve month low of $148.20 and a twelve month high of $205.56. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 3.41. The business has a 50-day moving average price of $175.11 and a 200 day moving average price of $180.36.

GATX (NYSE:GATX) last issued its quarterly earnings results on Thursday, May 7th. The transportation company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.07. GATX had a return on equity of 10.31% and a net margin of 17.88%.The company had revenue of $583.70 million for the quarter, compared to the consensus estimate of $599.76 million. During the same quarter in the prior year, the business posted $2.15 earnings per share. GATX’s revenue for the quarter was up 38.4% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Sell-side analysts predict that GATX Corporation will post 9.8 earnings per share for the current fiscal year.

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.