Susquehanna Fundamental Investments LLC Boosts Stake in GATX Corporation $GATX

Susquehanna Fundamental Investments LLC grew its holdings in GATX Corporation (NYSE:GATX) by 113.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,287 shares of the transportation company’s stock after purchasing an additional 9,732 shares during the period. Susquehanna Fundamental Investments LLC owned approximately 0.05% of GATX worth $3,240,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. AQR Capital Management LLC lifted its holdings in shares of GATX by 21.3% in the 1st quarter. AQR Capital Management LLC now owns 7,716 shares of the transportation company’s stock worth $1,198,000 after acquiring an additional 1,357 shares during the last quarter. Millennium Management LLC increased its holdings in GATX by 54.9% in the 1st quarter. Millennium Management LLC now owns 58,011 shares of the transportation company’s stock valued at $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 raised its position in 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 purchasing an additional 1,968 shares during the period. Jane Street Group LLC raised its position in GATX by 280.6% in the first quarter. Jane Street Group LLC now owns 53,690 shares of the transportation company’s stock valued at $8,336,000 after purchasing an additional 39,582 shares during the period. 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 in the last quarter. 93.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at GATX

In other GATX news, 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 value of $3,277,456.00. Following the sale, the chief financial officer owned 34,361 shares of the company’s stock, valued at $6,187,728.88. This trade represents a 34.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Eren Doygun sold 1,000 shares of GATX stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $179.52, for a total value of $179,520.00. Following the completion of the transaction, the senior vice president owned 5,323 shares of the company’s stock, valued at $955,584.96. The trade was a 15.82% decrease in their position. The SEC filing for this sale provides additional information. 1.86% of the stock is owned by company insiders.

GATX Stock Performance

Shares of GATX stock opened at $175.10 on Tuesday. 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 Corporation has a 52 week low of $150.42 and a 52 week high of $205.56. The stock has a market capitalization of $6.18 billion, a PE ratio of 17.34 and a beta of 1.17. The firm has a 50 day moving average of $178.69 and a two-hundred day moving average of $179.99.

GATX (NYSE:GATX) last posted its quarterly earnings data on Thursday, July 30th. The transportation company reported $2.84 earnings per share 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 analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.06 earnings per share. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. On average, research analysts predict that GATX Corporation will post 10.1 EPS for the current fiscal year.

GATX Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.