Motley Fool Asset Management LLC Sells 60,497 Shares of GXO Logistics, Inc. $GXO

Motley Fool Asset Management LLC trimmed its stake in shares of GXO Logistics, Inc. (NYSE:GXO) by 38.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,470 shares of the company’s stock after selling 60,497 shares during the period. Motley Fool Asset Management LLC’s holdings in GXO Logistics were worth $4,377,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Oppenheimer & Co. Inc. lifted its stake in GXO Logistics by 2.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 56,326 shares of the company’s stock worth $2,504,000 after purchasing an additional 1,433 shares in the last quarter. Sigma Planning Corp grew its position in shares of GXO Logistics by 3.0% during the third quarter. Sigma Planning Corp now owns 18,628 shares of the company’s stock valued at $829,000 after purchasing an additional 548 shares in the last quarter. Citizens Financial Group Inc. RI grew its position in shares of GXO Logistics by 4.4% during the third quarter. Citizens Financial Group Inc. RI now owns 25,091 shares of the company’s stock valued at $1,115,000 after purchasing an additional 1,065 shares in the last quarter. Inspire Investing LLC purchased a new position in shares of GXO Logistics during the third quarter valued at about $634,000. Finally, Foster Victor Wealth Advisors LLC grew its position in shares of GXO Logistics by 3.2% during the third quarter. Foster Victor Wealth Advisors LLC now owns 179,058 shares of the company’s stock valued at $8,507,000 after purchasing an additional 5,533 shares in the last quarter. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Price Performance

GXO Logistics stock opened at $49.33 on Thursday. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 43.66, a PEG ratio of 1.51 and a beta of 1.57. The firm’s fifty day moving average is $46.69 and its 200 day moving average is $51.90. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. GXO Logistics, Inc. has a 52-week low of $43.61 and a 52-week high of $66.85.

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

Analyst Ratings Changes

GXO has been the topic of several research reports. Citizens Jmp assumed coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 target price on the stock. The Goldman Sachs Group raised GXO Logistics from a “neutral” rating to a “buy” rating and set a $61.00 price target for the company in a research note on Wednesday, October 14th. Weiss Ratings upgraded GXO Logistics from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 16th. Wells Fargo & Company began coverage on GXO Logistics in a research note on Tuesday, July 28th. They issued an “overweight” rating and a $18.00 price objective on the stock. Finally, Stifel Nicolaus reduced their price objective on GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $63.29.

GXO Logistics Company 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.