Walleye Capital LLC Invests $21.69 Million in GATX Corporation $GATX

Walleye Capital LLC bought a new position in shares of GATX Corporation (NYSE:GATX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 122,415 shares of the transportation company’s stock, valued at approximately $21,691,000. Walleye Capital LLC owned approximately 0.34% of GATX as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of GATX. Larson Financial Group LLC grew its stake in GATX by 364.5% during the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after buying an additional 113 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of GATX in the fourth quarter worth $27,000. Los Angeles Capital Management LLC purchased a new position in shares of GATX in the 4th quarter valued at $27,000. Rothschild Investment LLC raised its stake in shares of GATX by 127.6% in the 4th quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 97 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of GATX by 50.8% during the 1st 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. Hedge funds and other institutional investors own 93.14% of the company’s stock.

GATX Trading Up 0.6%

GATX opened at $180.40 on Friday. The firm has a market capitalization of $6.37 billion, a P/E ratio of 17.86 and a beta of 1.17. The firm’s 50 day moving average is $178.12 and its 200-day moving average is $180.58. GATX Corporation has a 52-week low of $150.42 and a 52-week high of $205.56. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 3.44.

GATX (NYSE:GATX) last posted its earnings results on Thursday, July 30th. The transportation company reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.38. The business had revenue of $580.10 million for the quarter, compared to analysts’ expectations of $598.77 million. GATX had a net margin of 17.94% and a return on equity of 10.43%. The business’s revenue for the quarter was up 34.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.06 earnings per share. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Analysts expect that GATX Corporation will post 10.1 EPS for the current fiscal year.

GATX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.66 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. GATX’s payout ratio is currently 26.14%.

Insiders Place Their Bets

In other GATX news, CFO Thomas A. Ellman sold 18,200 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $180.08, for a total value of $3,277,456.00. Following the completion of the transaction, the chief financial officer directly owned 34,361 shares of the company’s stock, valued at $6,187,728.88. This represents a 34.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.86% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Citigroup upped their price target on shares of GATX from $214.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Weiss Ratings lowered GATX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday. The Goldman Sachs Group restated a “buy” rating and set a $222.00 price objective on shares of GATX in a research note on Thursday, May 7th. Finally, Susquehanna upped their target price on GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $219.00.

About GATX

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.