Inspire Investing LLC Buys New Shares in GXO Logistics, Inc. $GXO

Inspire Investing LLC bought a new position in GXO Logistics, Inc. (NYSE:GXO) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,260 shares of the company’s stock, valued at approximately $634,000.

Several other institutional investors have also recently added to or reduced their stakes in GXO. GAMMA Investing LLC increased its stake in GXO Logistics by 14.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,841 shares of the company’s stock valued at $82,000 after purchasing an additional 231 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of GXO Logistics by 9.4% in the first quarter. Parallel Advisors LLC now owns 2,723 shares of the company’s stock valued at $141,000 after buying an additional 233 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of GXO Logistics by 9.4% in the third quarter. Nisa Investment Advisors LLC now owns 2,849 shares of the company’s stock valued at $127,000 after buying an additional 245 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of GXO Logistics by 3.0% during the first quarter. Hsbc Holdings PLC now owns 11,953 shares of the company’s stock valued at $620,000 after buying an additional 352 shares during the last quarter. Finally, R Squared Ltd grew its holdings in shares of GXO Logistics by 8.3% during the first quarter. R Squared Ltd now owns 4,932 shares of the company’s stock valued at $256,000 after buying an additional 377 shares during the last quarter. 90.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Oppenheimer set a $61.00 price target on shares of GXO Logistics in a report on Thursday, August 6th. Morgan Stanley upped their target price on GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Susquehanna dropped their price target on GXO Logistics from $62.00 to $60.00 and set a “positive” rating on the stock in a report on Friday, October 2nd. Truist Financial lowered their price objective on shares of GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Finally, Citizens Jmp initiated coverage on shares of GXO Logistics in a research note on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 target price on the stock. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.29.

GXO Logistics Trading Up 1.1%

Shares of GXO opened at $49.92 on Friday. The stock has a market capitalization of $5.72 billion, a P/E ratio of 44.17, a PEG ratio of 1.54 and a beta of 1.57. GXO Logistics, Inc. has a twelve month low of $43.61 and a twelve month high of $66.85. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $46.76 and a two-hundred day simple moving average of $51.87.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. During the same period in the previous year, the firm earned $0.57 EPS. The company’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. On average, research analysts anticipate that GXO Logistics, Inc. will post 3.05 EPS for the current year.

About GXO Logistics

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.