Fiduciary Alliance LLC Buys 21,566 Shares of GXO Logistics, Inc. $GXO

Fiduciary Alliance LLC increased its stake in shares of GXO Logistics, Inc. (NYSE:GXO) by 286.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,085 shares of the company’s stock after acquiring an additional 21,566 shares during the period. Fiduciary Alliance LLC’s holdings in GXO Logistics were worth $1,622,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Allworth Financial LP grew its stake in shares of GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares in the last quarter. Accredited Wealth Management LLC lifted its stake in GXO Logistics by 1,100.0% in the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after acquiring an additional 550 shares during the last quarter. Chapman Financial Group LLC bought a new position in shares of GXO Logistics in the 2nd quarter valued at about $34,000. Farther Finance Advisors LLC increased its stake in shares of GXO Logistics by 85.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after purchasing an additional 653 shares during the last quarter. Finally, Danske Bank A S bought a new stake in shares of GXO Logistics in the 3rd quarter valued at about $79,000. 90.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $58.00 to $65.00 in a research report on Wednesday, May 27th. The Goldman Sachs Group cut GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target on the stock. in a research note on Wednesday, March 4th. Wells Fargo & Company decreased their price objective on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Wall Street Zen upgraded shares of GXO Logistics from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Finally, Weiss Ratings lowered shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Eleven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.92.

GXO Logistics Trading Up 2.0%

Shares of NYSE:GXO opened at $50.97 on Friday. The business’s 50 day simple moving average is $51.15 and its 200 day simple moving average is $54.45. GXO Logistics, Inc. has a 1 year low of $45.40 and a 1 year high of $66.85. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $5.86 billion, a P/E ratio of 44.71, a P/E/G ratio of 1.66 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last released its earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The firm had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.22 billion. During the same period in the prior year, the company posted $0.29 EPS. The company’s revenue was up 10.8% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, research analysts anticipate that GXO Logistics, Inc. will post 3.06 EPS for the current fiscal year.

GXO Logistics Company Profile

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.