Fiduciary Alliance LLC Acquires 21,566 Shares of GXO Logistics, Inc. $GXO

Fiduciary Alliance LLC lifted its holdings in shares of GXO Logistics, Inc. (NYSE:GXO) by 286.8% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,085 shares of the company’s stock after buying an additional 21,566 shares during the period. Fiduciary Alliance LLC’s holdings in GXO Logistics were worth $1,622,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of GXO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in GXO Logistics by 29.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company’s stock worth $1,568,000 after acquiring an additional 9,134 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of GXO Logistics by 2.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company’s stock valued at $14,741,000 after purchasing an additional 8,670 shares during the last quarter. Geneos Wealth Management Inc. increased its position in GXO Logistics by 4,775.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after purchasing an additional 1,958 shares in the last quarter. Hsbc Holdings PLC lifted its stake in GXO Logistics by 2.0% in the 2nd quarter. Hsbc Holdings PLC now owns 12,780 shares of the company’s stock valued at $622,000 after purchasing an additional 253 shares during the last quarter. Finally, M&T Bank Corp acquired a new stake in GXO Logistics in the second quarter valued at approximately $271,000. 90.67% of the stock is owned by institutional investors and hedge funds.

GXO Logistics Stock Up 2.0%

Shares of NYSE GXO opened at $50.97 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. The firm has a market cap of $5.86 billion, a PE ratio of 44.71, a P/E/G ratio of 1.66 and a beta of 1.56. The company’s fifty day simple moving average is $51.15 and its 200 day simple moving average is $54.45. GXO Logistics, Inc. has a 12-month low of $45.40 and a 12-month high of $66.85.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.13. The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates 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 business earned $0.29 earnings per share. 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 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on GXO shares. The Goldman Sachs Group cut GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target for the company. in a research note on Wednesday, March 4th. Stifel Nicolaus set a $71.00 price target on GXO Logistics in a research note on Thursday, May 7th. Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Weiss Ratings downgraded shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Finally, Wall Street Zen upgraded shares of GXO Logistics from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Eleven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $69.92.

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.