11,091 Shares in GXO Logistics, Inc. $GXO Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in shares of GXO Logistics, Inc. (NYSE:GXOFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,091 shares of the company’s stock, valued at approximately $584,000.

A number of other institutional investors have also added to or reduced their stakes in GXO. Northwestern Mutual Wealth Management Co. increased its position in GXO Logistics by 3,222,426.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock worth $593,791,000 after purchasing an additional 11,697,409 shares in the last quarter. Balyasny Asset Management L.P. lifted its stake in shares of GXO Logistics by 1,511.4% in the 3rd quarter. Balyasny Asset Management L.P. now owns 832,066 shares of the company’s stock valued at $44,008,000 after acquiring an additional 780,431 shares during the last quarter. Parsifal Capital Management LP lifted its stake in shares of GXO Logistics by 77.5% in the 3rd quarter. Parsifal Capital Management LP now owns 1,482,957 shares of the company’s stock valued at $78,434,000 after acquiring an additional 647,457 shares during the last quarter. M&T Bank Corp lifted its stake in shares of GXO Logistics by 7,226.9% in the 4th quarter. M&T Bank Corp now owns 311,320 shares of the company’s stock valued at $16,388,000 after acquiring an additional 307,071 shares during the last quarter. Finally, Davidson Kempner Capital Management LP bought a new position in shares of GXO Logistics in the 3rd quarter valued at $12,694,000. 90.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GXO. Wall Street Zen upgraded GXO Logistics from a “hold” rating to a “buy” rating in a research note on Sunday. Oppenheimer reissued an “outperform” rating and set a $70.00 price target on shares of GXO Logistics in a research note on Thursday, February 12th. Wells Fargo & Company cut their price target on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Truist Financial lifted their price target on GXO Logistics from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Finally, Morgan Stanley reissued an “overweight” rating and set a $75.00 target price on shares of GXO Logistics in a report on Tuesday, February 17th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, GXO Logistics presently has a consensus rating of “Moderate Buy” and an average price target of $69.92.

Read Our Latest Stock Report on GXO Logistics

GXO Logistics Stock Performance

Shares of GXO opened at $50.09 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $5.76 billion, a P/E ratio of 43.94, a price-to-earnings-growth ratio of 1.66 and a beta of 1.62. The firm’s fifty day simple moving average is $52.50 and its two-hundred day simple moving average is $54.50. GXO Logistics, Inc. has a 12 month low of $39.92 and a 12 month high of $66.85.

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

GXO Logistics Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GXO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GXO Logistics, Inc. (NYSE:GXOFree Report).

Institutional Ownership by Quarter for GXO Logistics (NYSE:GXO)

Receive News & Ratings for GXO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GXO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.