Philadelphia Financial Management of San Francisco LLC Makes New Investment in GATX Corporation $GATX

Philadelphia Financial Management of San Francisco LLC bought a new position in shares of GATX Corporation (NYSE:GATX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 50,500 shares of the transportation company’s stock, valued at approximately $8,948,095. GATX makes up about 0.0% of Philadelphia Financial Management of San Francisco LLC’s portfolio, making the stock its 16th biggest position. Philadelphia Financial Management of San Francisco LLC owned 0.14% of GATX at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in GATX. AQR Capital Management LLC increased its position in GATX by 21.3% during the 1st quarter. AQR Capital Management LLC now owns 7,716 shares of the transportation company’s stock valued at $1,198,000 after buying an additional 1,357 shares in the last quarter. Millennium Management LLC lifted its position in shares of GATX by 54.9% during the 1st quarter. Millennium Management LLC now owns 58,011 shares of the transportation company’s stock worth $9,007,000 after purchasing an additional 20,569 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of GATX by 1.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,834 shares of the transportation company’s stock valued at $18,141,000 after buying an additional 1,968 shares in the last quarter. Jane Street Group LLC boosted its position in shares of GATX by 280.6% in the first quarter. Jane Street Group LLC now owns 53,690 shares of the transportation company’s stock worth $8,336,000 after acquiring an additional 39,582 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in GATX by 104.7% during the second quarter. Invesco Ltd. now owns 113,613 shares of the transportation company’s stock worth $17,446,000 after purchasing an additional 58,100 shares during the last quarter. 93.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Citigroup lifted their target price on shares of GATX from $214.00 to $215.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Weiss Ratings cut GATX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $222.00 price objective on shares of GATX in a report on Thursday, May 7th. Finally, Susquehanna raised their price objective on shares of GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $219.00.

Insider Activity

In other GATX news, SVP Eren Doygun sold 1,000 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $179.52, for a total transaction of $179,520.00. Following the completion of the sale, the senior vice president owned 5,323 shares in the company, valued at approximately $955,584.96. The trade was a 15.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Thomas A. Ellman sold 18,200 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $180.08, for a total transaction of $3,277,456.00. Following the sale, the chief financial officer owned 34,361 shares in the company, valued at $6,187,728.88. The trade was a 34.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.86% of the company’s stock.

GATX Stock Performance

GATX stock traded down $0.89 during mid-day trading on Friday, hitting $177.55. 150,138 shares of the company were exchanged, compared to its average volume of 215,771. The business has a 50 day simple moving average of $178.77 and a 200-day simple moving average of $180.17. GATX Corporation has a 1-year low of $150.42 and a 1-year high of $205.56. The stock has a market capitalization of $6.27 billion, a PE ratio of 17.58 and a beta of 1.17. The company has a current ratio of 3.90, a quick ratio of 3.90 and a debt-to-equity ratio of 3.44.

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

GATX Dividend Announcement

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

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.