GXO Logistics, Inc. $GXO Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC boosted its stake in GXO Logistics, Inc. (NYSE:GXO) by 61.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 195,106 shares of the company’s stock after acquiring an additional 74,064 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.17% of GXO Logistics worth $10,319,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. River Road Asset Management LLC lifted its position in shares of GXO Logistics by 5.4% during the second quarter. River Road Asset Management LLC now owns 2,967,046 shares of the company’s stock worth $147,492,000 after purchasing an additional 152,561 shares in the last quarter. Alliancebernstein L.P. grew its holdings in GXO Logistics by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock valued at $133,287,000 after purchasing an additional 225,603 shares in the last quarter. Swedbank AB increased its stake in GXO Logistics by 4.2% during the 3rd quarter. Swedbank AB now owns 1,850,000 shares of the company’s stock worth $97,846,000 after buying an additional 75,000 shares during the period. Cooper Creek Partners Management LLC lifted its holdings in GXO Logistics by 9.4% in the 2nd quarter. Cooper Creek Partners Management LLC now owns 1,478,785 shares of the company’s stock worth $72,017,000 after buying an additional 127,477 shares in the last quarter. Finally, Global Alpha Capital Management Ltd. lifted its holdings in GXO Logistics by 42.7% in the 2nd quarter. Global Alpha Capital Management Ltd. now owns 1,164,730 shares of the company’s stock worth $56,722,000 after buying an additional 348,300 shares in the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Trading Down 1.9%

Shares of NYSE GXO opened at $59.79 on Thursday. The stock’s 50 day moving average price is $58.66 and its two-hundred day moving average price is $54.52. GXO Logistics, Inc. has a 52-week low of $30.46 and a 52-week high of $66.85. The stock has a market capitalization of $6.86 billion, a P/E ratio of 199.30, a PEG ratio of 2.06 and a beta of 1.62. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.87.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.04. GXO Logistics had a return on equity of 9.83% and a net margin of 0.24%.The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.00 earnings per share. On average, analysts anticipate that GXO Logistics, Inc. will post 2.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GXO. Weiss Ratings downgraded GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Morgan Stanley reissued an “overweight” rating and issued a $75.00 price target on shares of GXO Logistics in a report on Tuesday, February 17th. The Goldman Sachs Group lowered GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price objective for the company. in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research report on Thursday, November 6th. Finally, Truist Financial increased 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. Ten investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, GXO Logistics presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.17.

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.