GXO Logistics, Inc. $GXO Stock Holdings Lessened by William Blair Investment Management LLC

William Blair Investment Management LLC lowered its stake in GXO Logistics, Inc. (NYSE:GXO) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 618,514 shares of the company’s stock after selling 42,405 shares during the period. William Blair Investment Management LLC owned approximately 0.54% of GXO Logistics worth $32,559,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP increased its holdings in shares of GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares in the last quarter. Accredited Wealth Management LLC increased its holdings in shares of GXO Logistics by 1,100.0% in the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after buying an additional 550 shares in the last quarter. Chapman Financial Group LLC bought a new position in shares of GXO Logistics in the second quarter valued at $34,000. LRI Investments LLC increased its holdings in shares of GXO Logistics by 128.0% in the third quarter. LRI Investments LLC now owns 1,156 shares of the company’s stock valued at $61,000 after buying an additional 649 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of GXO Logistics by 22.0% in the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock valued at $64,000 after buying an additional 219 shares in the last quarter. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Trading Down 0.0%

GXO Logistics stock opened at $47.47 on Monday. The company’s fifty day simple moving average is $52.87 and its 200-day simple moving average is $54.62. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. GXO Logistics, Inc. has a 12 month low of $39.33 and a 12 month high of $66.85. The stock has a market cap of $5.46 billion, a P/E ratio of 41.64, a P/E/G ratio of 1.58 and a beta of 1.62.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.22 billion. During the same period in the previous year, the company posted $0.29 EPS. GXO Logistics’s revenue was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. As a group, sell-side analysts forecast that GXO Logistics, Inc. will post 3.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Stifel Nicolaus set a $71.00 target price on shares of GXO Logistics in a research note on Thursday, May 7th. The Goldman Sachs Group downgraded shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 target price on the stock. in a research note on Wednesday, March 4th. Morgan Stanley reissued an “overweight” rating and set a $75.00 target price on shares of GXO Logistics in a research note on Tuesday, February 17th. Oppenheimer reissued an “outperform” rating and set a $70.00 target price on shares of GXO Logistics in a research note on Thursday, February 12th. Finally, UBS Group boosted their target price on shares of GXO Logistics from $63.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $68.83.

GXO Logistics Company 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.