SG Americas Securities LLC Buys 8,179 Shares of GATX Corporation $GATX

SG Americas Securities LLC lifted its position in GATX Corporation (NYSE:GATX) by 63.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,992 shares of the transportation company’s stock after buying an additional 8,179 shares during the quarter. SG Americas Securities LLC’s holdings in GATX were worth $3,560,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GATX. Elevation Wealth Partners LLC purchased a new position in GATX during the fourth quarter valued at approximately $32,000. Adirondack Trust Co. increased its holdings in GATX by 50.0% during the 4th quarter. Adirondack Trust Co. now owns 600 shares of the transportation company’s stock worth $102,000 after acquiring an additional 200 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in GATX by 3.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,768 shares of the transportation company’s stock worth $684,000 after purchasing an additional 121 shares in the last quarter. Oliver Luxxe Assets LLC lifted its stake in GATX by 6.4% in the 4th quarter. Oliver Luxxe Assets LLC now owns 15,839 shares of the transportation company’s stock worth $2,686,000 after purchasing an additional 946 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in GATX by 1.9% in the 4th quarter. Park Avenue Securities LLC now owns 5,157 shares of the transportation company’s stock valued at $875,000 after purchasing an additional 96 shares during the period. 93.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling at GATX

In other GATX news, VP Robert Zmudka sold 5,200 shares of GATX stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $192.61, for a total transaction of $1,001,572.00. Following the completion of the sale, the vice president owned 7,493 shares of the company’s stock, valued at $1,443,226.73. The trade was a 40.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jeffery R. Young sold 2,595 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $196.29, for a total value of $509,372.55. Following the completion of the transaction, the senior vice president owned 7,700 shares of the company’s stock, valued at $1,511,433. The trade was a 25.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,795 shares of company stock worth $1,907,525 over the last 90 days. Corporate insiders own 1.86% of the company’s stock.

GATX Trading Up 1.2%

Shares of GATX stock opened at $173.66 on Friday. The company has a debt-to-equity ratio of 3.45, a current ratio of 16.31 and a quick ratio of 16.31. GATX Corporation has a 1 year low of $139.44 and a 1 year high of $199.00. The firm has a market cap of $6.17 billion, a PE ratio of 19.04 and a beta of 1.22. The company has a 50 day simple moving average of $180.59 and a two-hundred day simple moving average of $172.38.

GATX (NYSE:GATX) last issued its quarterly earnings results on Thursday, February 19th. The transportation company reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.02. The firm had revenue of $449.00 million for the quarter, compared to analyst estimates of $443.67 million. GATX had a net margin of 19.15% and a return on equity of 11.05%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.93 EPS. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Analysts expect that GATX Corporation will post 8.5 earnings per share for the current fiscal year.

GATX Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 2nd were paid a $0.66 dividend. This is a boost from GATX’s previous quarterly dividend of $0.61. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, March 2nd. GATX’s payout ratio is currently 28.95%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of GATX in a research report on Thursday, January 22nd. Citigroup lowered GATX from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $197.00 to $210.00 in a research note on Tuesday, February 24th. Susquehanna boosted their target price on GATX from $212.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, February 20th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $204.00 target price on shares of GATX in a research note on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $211.33.

GATX Profile

GATX Corporation (NYSE: GATX) is a global railcar leasing and asset management company headquartered in Chicago, Illinois. Founded in 1898 as General American Transportation Corporation, GATX has grown into one of the world’s leading lessors of railcars, marine vessels and industrial assets. The company’s core business focuses on leasing and managing high-value equipment for customers in the energy, industrial, chemical, agricultural and metals markets.

In its Rail North America segment, GATX owns and manages a diverse fleet of more than 60,000 railcars, including tank cars, covered hoppers, boxcars and flatcars.