Beverly Hills Private Wealth LLC Has $552,000 Stock Holdings in GATX Corporation $GATX

Beverly Hills Private Wealth LLC decreased its holdings in shares of GATX Corporation (NYSE:GATX) by 5.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,596 shares of the transportation company’s stock after selling 209 shares during the period. Beverly Hills Private Wealth LLC’s holdings in GATX were worth $552,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. TCTC Holdings LLC raised its holdings in shares of GATX by 117.0% in the first quarter. TCTC Holdings LLC now owns 243 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 131 shares during the last quarter. Bayforest Capital Ltd raised its holdings in shares of GATX by 219.0% in the second quarter. Bayforest Capital Ltd now owns 370 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 254 shares during the last quarter. CWM LLC raised its holdings in shares of GATX by 12.7% in the first quarter. CWM LLC now owns 621 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 70 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of GATX in the first quarter valued at about $100,000. Finally, Hilltop National Bank purchased a new stake in shares of GATX in the second quarter valued at about $153,000. Institutional investors and hedge funds own 93.14% of the company’s stock.

GATX Price Performance

GATX opened at $173.16 on Tuesday. The firm has a market cap of $6.16 billion, a P/E ratio of 19.81 and a beta of 1.18. The firm has a 50-day moving average of $169.33 and a 200 day moving average of $157.55. The company has a debt-to-equity ratio of 3.27, a quick ratio of 2.93 and a current ratio of 2.93. GATX Corporation has a fifty-two week low of $130.95 and a fifty-two week high of $178.26.

GATX (NYSE:GATX) last posted its quarterly earnings results on Tuesday, July 29th. The transportation company reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.11. The company had revenue of $430.50 million during the quarter, compared to analyst estimates of $425.52 million. GATX had a net margin of 19.13% and a return on equity of 12.52%. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. On average, research analysts expect that GATX Corporation will post 8.5 EPS for the current year.

GATX Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Monday, September 15th. GATX’s dividend payout ratio (DPR) is currently 27.92%.

Analyst Ratings Changes

GATX has been the subject of several analyst reports. Susquehanna set a $190.00 target price on shares of GATX and gave the company a “positive” rating in a report on Monday, August 18th. Citigroup initiated coverage on shares of GATX in a report on Monday, September 22nd. They issued a “buy” rating and a $201.00 target price for the company. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.50.

Insider Buying and Selling at GATX

In other GATX news, CEO Robert C. Lyons sold 12,635 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $166.33, for a total transaction of $2,101,579.55. Following the completion of the transaction, the chief executive officer owned 50,575 shares in the company, valued at $8,412,139.75. This trade represents a 19.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Kevin Hillesland sold 2,200 shares of the stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $152.59, for a total transaction of $335,698.00. Following the transaction, the senior vice president owned 7,606 shares of the company’s stock, valued at $1,160,599.54. This represents a 22.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,914 shares of company stock worth $2,953,509 over the last ninety days. Company insiders own 2.17% of the company’s stock.

About GATX

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.