Renaissance Technologies LLC Purchases New Position in GXO Logistics, Inc. $GXO

Renaissance Technologies LLC purchased a new stake in GXO Logistics, Inc. (NYSE:GXO) during the first quarter, Holdings Channel reports. The firm purchased 56,300 shares of the company’s stock, valued at approximately $2,919,000.

Other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP lifted its holdings in shares of GXO Logistics by 175.0% during the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after acquiring an additional 329 shares during the period. Chapman Financial Group LLC bought a new stake in shares of GXO Logistics in the 2nd quarter worth about $34,000. Farther Finance Advisors LLC increased its position 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 in the last quarter. Danske Bank A S bought a new position in GXO Logistics during the 3rd quarter valued at about $79,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in GXO Logistics by 201.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company’s stock valued at $86,000 after purchasing an additional 1,083 shares during the last quarter. 90.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GXO has been the topic of several research analyst reports. Wells Fargo & Company began coverage on shares of GXO Logistics in a research note on Tuesday, July 28th. They set an “overweight” rating and a $18.00 price objective on the stock. Truist Financial reduced their target price on GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Susquehanna dropped their price target on GXO Logistics from $75.00 to $62.00 and set a “positive” rating for the company in a report on Thursday. Weiss Ratings upgraded GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Finally, UBS Group reduced their price objective on GXO Logistics from $74.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, GXO Logistics presently has an average rating of “Moderate Buy” and a consensus target price of $63.93.

GXO Logistics Trading Up 2.7%

Shares of NYSE GXO opened at $48.30 on Friday. GXO Logistics, Inc. has a 1-year low of $45.40 and a 1-year high of $66.85. The company has a market cap of $5.54 billion, a PE ratio of 42.74, a P/E/G ratio of 1.60 and a beta of 1.55. The company has a current ratio of 0.79, a quick ratio of 0.85 and a debt-to-equity ratio of 0.81. The company has a 50-day moving average of $50.61 and a two-hundred day moving average of $53.81.

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, topping analysts’ consensus estimates of $0.58 by $0.01. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The company had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.46 billion. During the same period in the prior year, the business earned $0.57 earnings per share. GXO Logistics’s quarterly revenue was up 4.3% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, equities analysts expect that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

More GXO Logistics News

Here are the key news stories impacting GXO Logistics this week:

• Positive Sentiment: GXO reported second-quarter adjusted EPS of $0.59, narrowly exceeding the $0.58 consensus estimate. Revenue increased 4.3% year over year to $3.44 billion, while North America was the company’s fastest-growing region, generating more than $782 million. GXO shifts to global operating model to drive growth
• Positive Sentiment: Management reiterated 2026 adjusted EPS guidance of $2.95-$3.15 and is targeting approximately 50 GXO IQ automation sites and $60 million of Wincanton synergies by year-end. The company is also shifting to a global operating model intended to improve growth and execution. GXO 2026 guidance and synergy targets
• Positive Sentiment: UBS maintained a Buy rating and Susquehanna retained a Positive rating. Their revised targets of $64 and $62, respectively, still imply substantial upside from recent trading levels, signaling that analysts view the post-earnings weakness as excessive. Analyst price-target updates
• Neutral Sentiment: GXO agreed to transfer six UK grocery contract-logistics sites to DP World, representing more than two million square feet and 2,000 employees. The divestiture was required for UK regulatory approval of the Wincanton acquisition, limiting its strategic significance but reducing GXO’s operating footprint. DP World transfer of six GXO sites
• Negative Sentiment: Both UBS and Susquehanna lowered their price targets, from $74 to $64 and from $75 to $62. The revisions reflect continued investor concerns about GXO’s profitability and its ability to close the margin gap with larger rivals after the earnings-related selloff. GXO margin concerns after earnings
• Negative Sentiment: Quarterly revenue fell short of the $3.46 billion consensus forecast despite the EPS beat, and GXO’s low net margin underscores the execution challenge. These factors may be limiting the stock’s upside even as analysts remain constructive.

About GXO Logistics

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.