Inspire Investing LLC Acquires New Holdings in GXO Logistics, Inc. $GXO

Inspire Investing LLC bought a new stake in shares of GXO Logistics, Inc. (NYSE:GXO) in the 3rd quarter, Holdings Channel.com reports. The firm bought 14,260 shares of the company’s stock, valued at approximately $634,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC bought a new position in shares of GXO Logistics in the first quarter worth approximately $2,919,000. Public Employees Retirement System of Ohio bought a new position in GXO Logistics in the 2nd quarter worth $1,650,000. Edgestream Partners L.P. increased its stake in GXO Logistics by 1,344.4% in the 1st quarter. Edgestream Partners L.P. now owns 108,601 shares of the company’s stock worth $5,631,000 after buying an additional 101,082 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in GXO Logistics by 8.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock worth $252,318,000 after buying an additional 371,391 shares in the last quarter. Finally, Segall Bryant & Hamill LLC raised its holdings in GXO Logistics by 9.6% during the first quarter. Segall Bryant & Hamill LLC now owns 261,426 shares of the company’s stock valued at $13,555,000 after acquiring an additional 22,940 shares during the period. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Stock Performance

GXO stock opened at $49.92 on Friday. The firm has a 50-day simple moving average of $46.76 and a two-hundred day simple moving average of $51.87. The firm has a market cap of $5.72 billion, a price-to-earnings ratio of 44.17, a PEG ratio of 1.54 and a beta of 1.57. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.79. GXO Logistics, Inc. has a one year low of $43.61 and a one year high of $66.85.

GXO Logistics (NYSE:GXO) last announced its earnings results on Tuesday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.01. The company had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.46 billion. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.57 EPS. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, equities analysts forecast that GXO Logistics, Inc. will post 3.05 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on GXO shares. UBS Group reduced their price target on shares of GXO Logistics from $74.00 to $64.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Oppenheimer set a $61.00 target price on shares of GXO Logistics in a report on Thursday, August 6th. Citigroup assumed coverage on shares of GXO Logistics in a research note on Wednesday, July 15th. They issued a “market outperform” rating for the company. Citizens Jmp initiated coverage on shares of GXO Logistics in a report on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 target price on the stock. Finally, Morgan Stanley upped their target price on shares of GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, GXO Logistics currently has a consensus rating of “Moderate Buy” and an average target price of $63.29.

GXO Logistics Profile

GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO’s logistics segment and began operating as an independent public company in 2021.