Philadelphia Financial Management of San Francisco LLC Purchases New Shares in GATX Corporation $GATX

Philadelphia Financial Management of San Francisco LLC acquired a new position in GATX Corporation (NYSE:GATX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 50,500 shares of the transportation company’s stock, valued at approximately $8,948,095,000. GATX makes up 1.8% of Philadelphia Financial Management of San Francisco LLC’s investment portfolio, making the stock its 16th biggest position. Philadelphia Financial Management of San Francisco LLC owned about 0.14% of GATX at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of GATX by 270,265.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 640,765 shares of the transportation company’s stock valued at $108,674,000 after purchasing an additional 640,528 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in shares of GATX by 23.1% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 597,545 shares of the transportation company’s stock worth $102,025,000 after buying an additional 111,935 shares during the last quarter. NFJ Investment Group LLC bought a new position in GATX during the 2nd quarter valued at approximately $2,435,000. Oppenheimer Asset Management Inc. purchased a new position in GATX during the second quarter valued at $6,211,000. Finally, Walleye Capital LLC purchased a new position in GATX during the second quarter valued at $21,691,000. Institutional investors own 93.14% of the company’s stock.

Insider Buying and Selling

In other news, CFO Thomas A. Ellman sold 18,200 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $180.08, for a total value of $3,277,456.00. Following the transaction, the chief financial officer directly 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.86% of the company’s stock.

GATX Price Performance

GATX opened at $178.35 on Thursday. The company’s 50-day simple moving average is $178.74 and its two-hundred day simple moving average is $180.24. The company has a debt-to-equity ratio of 3.44, a quick ratio of 3.90 and a current ratio of 3.90. The stock has a market capitalization of $6.30 billion, a P/E ratio of 17.66 and a beta of 1.17. GATX Corporation has a 52-week low of $150.42 and a 52-week high of $205.56.

GATX (NYSE:GATX) last released 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 firm had revenue of $580.10 million for 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 company’s revenue was up 34.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.06 EPS. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. As a group, analysts predict that GATX Corporation will post 10.1 EPS for the current year.

GATX Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on GATX shares. Citigroup raised their price target on GATX from $214.00 to $215.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Susquehanna increased their price objective on shares of GATX from $218.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $222.00 target price on shares of GATX in a report on Thursday, May 7th. Finally, Weiss Ratings cut shares of GATX from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently 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.