Gallagher Fiduciary Advisors LLC Purchases New Shares in GATX Corporation $GATX

Gallagher Fiduciary Advisors LLC acquired a new stake in GATX Corporation (NYSE:GATX) during the second quarter, HoldingsChannel reports. The fund acquired 3,812 shares of the transportation company’s stock, valued at approximately $675,000.

Several other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in shares of GATX by 21.3% in the first quarter. AQR Capital Management LLC now owns 7,716 shares of the transportation company’s stock valued at $1,198,000 after acquiring an additional 1,357 shares during the period. Millennium Management LLC increased its position in GATX by 54.9% during the first quarter. Millennium Management LLC now owns 58,011 shares of the transportation company’s stock worth $9,007,000 after acquiring an additional 20,569 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in GATX by 1.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,834 shares of the transportation company’s stock worth $18,141,000 after purchasing an additional 1,968 shares in the last quarter. Jane Street Group LLC boosted its holdings in GATX by 280.6% in the 1st 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. boosted its holdings in GATX by 104.7% in the 2nd quarter. Invesco Ltd. now owns 113,613 shares of the transportation company’s stock valued at $17,446,000 after purchasing an additional 58,100 shares during the period. Institutional investors own 93.14% of the company’s stock.

Analyst Ratings Changes

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

GATX Stock Performance

Shares of NYSE:GATX opened at $179.46 on Wednesday. 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 $6.34 billion, a price-to-earnings ratio of 17.77 and a beta of 1.17. The company has a debt-to-equity ratio of 3.44, a current ratio of 3.90 and a quick ratio of 3.90. The company’s 50 day simple moving average is $178.64 and its 200 day simple moving average is $180.31.

GATX (NYSE:GATX) last issued its earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.38. GATX had a return on equity of 10.43% and a net margin of 17.94%.The firm had revenue of $580.10 million for the quarter, compared to the consensus estimate of $598.77 million. During the same quarter last year, the business posted $2.06 EPS. The company’s revenue was up 34.8% compared to the same quarter last year. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. As a group, research analysts predict that GATX Corporation will post 10.1 EPS for the current fiscal year.

GATX Dividend Announcement

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

Insider Transactions at GATX

In other GATX news, CFO Thomas A. Ellman sold 18,200 shares of GATX 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 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.86% of the stock is currently owned by corporate insiders.

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.