EULAV Asset Management Buys 4,791 Shares of GATX Corporation $GATX

EULAV Asset Management grew its stake in GATX Corporation (NYSE:GATX) by 5.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,100 shares of the transportation company’s stock after acquiring an additional 4,791 shares during the period. EULAV Asset Management’s holdings in GATX were worth $16,977,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GATX. Northwestern Mutual Wealth Management Co. grew its holdings in shares of GATX by 270,265.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 640,765 shares of the transportation company’s stock valued at $108,674,000 after acquiring an additional 640,528 shares in the last quarter. Norges Bank bought a new position in shares of GATX in the 4th quarter valued at about $86,241,000. Alliancebernstein L.P. grew its holdings in shares of GATX by 681.7% in the 3rd quarter. Alliancebernstein L.P. now owns 574,333 shares of the transportation company’s stock valued at $100,393,000 after acquiring an additional 500,857 shares in the last quarter. Squarepoint Ops LLC grew its holdings in shares of GATX by 429.5% in the 2nd quarter. Squarepoint Ops LLC now owns 187,835 shares of the transportation company’s stock valued at $28,844,000 after acquiring an additional 152,361 shares in the last quarter. Finally, Steadfast Capital Management LP bought a new position in shares of GATX in the 3rd quarter valued at about $24,489,000. Institutional investors own 93.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on GATX. Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a report on Tuesday, April 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $222.00 price target on shares of GATX in a report on Thursday, May 7th. Susquehanna reduced their price target on GATX from $220.00 to $218.00 and set a “positive” rating for the company in a report on Friday, May 8th. Finally, Citigroup upgraded shares of GATX from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $210.00 to $211.00 in a research report on Wednesday, April 8th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $217.00.

GATX Stock Down 1.0%

NYSE GATX opened at $171.30 on Friday. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 3.41. GATX Corporation has a 1-year low of $148.20 and a 1-year high of $205.56. The company has a 50 day moving average of $181.80 and a 200-day moving average of $177.53. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 18.38 and a beta of 1.17.

GATX (NYSE:GATX) last released its quarterly earnings results on Thursday, May 7th. The transportation company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.07. GATX had a net margin of 17.88% and a return on equity of 10.31%. The company had revenue of $583.70 million during the quarter, compared to the consensus estimate of $599.76 million. During the same period in the previous year, the business earned $2.15 earnings per share. The firm’s quarterly revenue was up 38.4% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. On average, equities research analysts expect that GATX Corporation will post 9.8 earnings per share for the current fiscal year.

GATX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, June 15th. GATX’s payout ratio is presently 28.33%.

GATX Profile

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.