GXO Logistics, Inc. $GXO Holdings Cut by Swedbank AB

Swedbank AB lowered its holdings in GXO Logistics, Inc. (NYSE:GXO) by 8.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,700,000 shares of the company’s stock after selling 150,000 shares during the period. Swedbank AB owned about 1.48% of GXO Logistics worth $89,488,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Allworth Financial LP lifted its stake in GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the last quarter. Accredited Wealth Management LLC lifted its stake in GXO Logistics by 1,100.0% in the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after buying an additional 550 shares during the last quarter. Chapman Financial Group LLC bought a new stake in GXO Logistics in the second quarter valued at $34,000. LRI Investments LLC lifted its stake in GXO Logistics by 128.0% in the third quarter. LRI Investments LLC now owns 1,156 shares of the company’s stock valued at $61,000 after buying an additional 649 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in GXO Logistics by 22.0% in the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock valued at $64,000 after buying an additional 219 shares during the last quarter. Institutional investors own 90.67% of the company’s stock.

Wall Street Analysts Forecast Growth

GXO has been the topic of a number of recent research reports. Weiss Ratings upgraded GXO Logistics from a “sell (d)” rating to a “hold (c-)” rating in a research note on Monday, May 18th. Truist Financial raised their target price on GXO Logistics from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. UBS Group raised their target price on GXO Logistics from $63.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Susquehanna reiterated a “positive” rating and issued a $82.00 target price on shares of GXO Logistics in a research note on Thursday, February 12th. Finally, Wall Street Zen cut GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $68.83.

GXO Logistics Stock Performance

GXO stock opened at $47.47 on Friday. The company has a market capitalization of $5.46 billion, a P/E ratio of 41.64, a PEG ratio of 1.58 and a beta of 1.62. The company has a 50-day simple moving average of $52.87 and a 200 day simple moving average of $54.63. GXO Logistics, Inc. has a fifty-two week low of $39.33 and a fifty-two week high of $66.85. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.13. The business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.22 billion. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Sell-side analysts predict that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

GXO Logistics Profile

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.