Principal Financial Group Inc. Buys 83,305 Shares of Rxo Inc $RXO

Principal Financial Group Inc. grew its stake in Rxo Inc (NYSE:RXO) by 11.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 791,799 shares of the company’s stock after buying an additional 83,305 shares during the quarter. Principal Financial Group Inc.’s holdings in RXO were worth $12,178,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in RXO. Yousif Capital Management LLC raised its holdings in shares of RXO by 1.2% during the second quarter. Yousif Capital Management LLC now owns 53,228 shares of the company’s stock worth $837,000 after acquiring an additional 631 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in RXO by 6.1% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,453 shares of the company’s stock worth $176,000 after purchasing an additional 654 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in RXO by 3.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 20,428 shares of the company’s stock worth $345,000 after purchasing an additional 661 shares in the last quarter. New York State Teachers Retirement System raised its stake in shares of RXO by 0.6% in the 3rd quarter. New York State Teachers Retirement System now owns 116,604 shares of the company’s stock valued at $1,793,000 after purchasing an additional 700 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of RXO by 17.1% in the third quarter. Nisa Investment Advisors LLC now owns 5,359 shares of the company’s stock valued at $82,000 after purchasing an additional 783 shares in the last quarter. Institutional investors own 92.73% of the company’s stock.

Insider Buying and Selling

In other news, Director Troy A. Cooper purchased 8,317 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was purchased at an average price of $10.61 per share, for a total transaction of $88,243.37. Following the completion of the purchase, the director directly owned 275,416 shares in the company, valued at $2,922,163.76. The trade was a 3.11% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

RXO has been the subject of several recent research reports. Stephens set a $15.00 price objective on RXO in a research report on Monday. UBS Group reaffirmed a “neutral” rating on shares of RXO in a research report on Sunday. Stifel Nicolaus set a $15.00 price target on shares of RXO in a research note on Thursday, February 5th. Wolfe Research raised shares of RXO from an “underperform” rating to a “peer perform” rating in a research report on Friday, November 14th. Finally, Benchmark restated a “hold” rating on shares of RXO in a report on Monday. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, RXO has a consensus rating of “Hold” and an average target price of $16.33.

Trending Headlines about RXO

Here are the key news stories impacting RXO this week:

• Positive Sentiment: Truist raised its price target to $20, signaling improved analyst sentiment that could support upside. Truist Financial Raises RXO (NYSE:RXO) Price Target to $20.00
• Positive Sentiment: Citigroup published a bullish forecast for strong price appreciation, adding institutional buy-side attention that can lift the stock. Citigroup Forecasts Strong Price Appreciation for RXO (NYSE:RXO) Stock
• Positive Sentiment: Coverage and market commentary highlighted a sharp rebound (stock up ~9.1% in earlier trade) after RXO disclosed margin pressure, an impairment and a new asset‑based credit arrangement — investors interpreted the credit flexibility as de‑risking near‑term liquidity. Why RXO (RXO) Is Up 9.1% After Margin Squeeze, Impairment And New Asset-Based Credit Deal
• Neutral Sentiment: RXO launched a $400M senior notes offering due 2031; the deal was marketed as a private, exempt offering to institutional buyers — impact depends on how proceeds are used. RXO Launches $400 Million Senior Notes Offering
• Neutral Sentiment: The company priced the $400M 6.375% senior notes due 2031; the notes are unsecured and guaranteed by domestic subsidiaries — this raises fixed interest obligations but also signals access to capital markets. RXO Prices $400 Million Senior Notes Offering
• Neutral Sentiment: Wells Fargo reaffirmed a Hold rating, indicating some analysts remain cautious and see limited near‑term catalysts. Wells Fargo Reaffirms Their Hold Rating on RXO, Inc. (RXO)
• Negative Sentiment: RXO traded down after reporting weak Q4 results — EPS missed estimates and revenue declined year‑over‑year, which drove the immediate sell‑off. RXO (NYSE:RXO) Trading Down 5.2% Following Weak Earnings
• Negative Sentiment: Analyses flagged valuation pressure after the weak quarter and impairment; longer‑term profitability concerns remain until margins stabilize. RXO (RXO) Valuation Check After Weak Q4 Results And New Credit Facility

RXO Stock Down 0.4%

RXO stock opened at $16.32 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.27 and a debt-to-equity ratio of 0.25. The business has a 50 day moving average price of $14.58 and a two-hundred day moving average price of $15.16. The company has a market cap of $2.68 billion, a price-to-earnings ratio of -28.14, a P/E/G ratio of 12.64 and a beta of 1.74. Rxo Inc has a twelve month low of $10.43 and a twelve month high of $22.17.

RXO (NYSE:RXO) last announced its quarterly earnings data on Friday, February 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). RXO had a negative return on equity of 0.44% and a negative net margin of 1.74%.The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the company earned $0.06 EPS. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. Analysts anticipate that Rxo Inc will post 0.31 EPS for the current fiscal year.

About RXO

RXO Inc (NYSE: RXO) is a leading asset-light provider of digital freight brokerage and managed transportation solutions. The company leverages a proprietary technology platform to connect shippers with a network of third-party carriers, enabling optimized route planning, real-time shipment tracking, and dynamic pricing. RXO’s end-to-end service model spans full truckload, less-than-truckload (LTL), intermodal and cross-border freight movements, designed to improve efficiency and reduce transportation costs for its customers.

Operating primarily across North America, RXO serves a diverse base of shippers in industries ranging from retail and consumer goods to manufacturing and automotive.