Gallagher Fiduciary Advisors LLC Invests $675,000 in GATX Corporation $GATX

Gallagher Fiduciary Advisors LLC acquired a new stake in GATX Corporation (NYSE:GATX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,812 shares of the transportation company’s stock, valued at approximately $675,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Investment Management Company LLC boosted its position in GATX by 0.7% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 7,988 shares of the transportation company’s stock valued at $1,355,000 after purchasing an additional 53 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of GATX by 0.8% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 6,310 shares of the transportation company’s stock worth $1,070,000 after purchasing an additional 53 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of GATX by 8.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 702 shares of the transportation company’s stock worth $119,000 after purchasing an additional 55 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of GATX by 50.8% in the 1st quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock valued at $33,000 after buying an additional 66 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of GATX by 26.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 315 shares of the transportation company’s stock valued at $55,000 after buying an additional 66 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company’s stock.

Insider Activity at GATX

In related news, CFO Thomas A. Ellman sold 18,200 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were 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 approximately $6,187,728.88. This represents a 34.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.86% of the company’s stock.

Analyst Ratings Changes

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

GATX Stock Up 0.5%

GATX stock 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 business’s 50 day simple moving average is $178.64 and its 200 day simple moving average is $180.31. The company has a current ratio of 3.90, a quick ratio of 3.90 and a debt-to-equity ratio of 3.44. The firm has a market capitalization of $6.34 billion, a PE ratio of 17.77 and a beta of 1.17.

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

GATX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Tuesday, September 15th. GATX’s dividend payout ratio (DPR) is currently 26.14%.

GATX Company 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.