SG Americas Securities LLC Has $2.14 Million Position in GATX Corporation $GATX

SG Americas Securities LLC decreased its holdings in shares of GATX Corporation (NYSE:GATX) by 40.4% in the 1st quarter, HoldingsChannel reports. The firm owned 12,516 shares of the transportation company’s stock after selling 8,476 shares during the period. SG Americas Securities LLC’s holdings in GATX were worth $2,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Larson Financial Group LLC lifted its stake in shares of GATX by 364.5% during the 3rd quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after buying an additional 113 shares during the last quarter. Community Bank N.A. acquired a new position in GATX in the 3rd quarter valued at about $27,000. Ameriflex Group Inc. bought a new position in GATX in the 3rd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd bought a new position in GATX in the 4th quarter valued at about $27,000. Finally, Los Angeles Capital Management LLC acquired a new stake in GATX during the fourth quarter worth approximately $27,000. 93.14% of the stock is currently owned by institutional investors and hedge funds.

GATX Price Performance

GATX stock opened at $172.21 on Thursday. The firm has a market cap of $6.11 billion, a PE ratio of 18.48 and a beta of 1.17. The company has a debt-to-equity ratio of 3.41, a current ratio of 3.91 and a quick ratio of 3.91. The stock’s fifty day moving average price is $179.37 and its two-hundred day moving average price is $179.66. GATX Corporation has a one year low of $148.20 and a one year high of $205.56.

GATX (NYSE:GATX) last released its earnings results on Thursday, May 7th. The transportation company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.07. GATX had a return on equity of 10.31% and a net margin of 17.88%.The firm had revenue of $583.70 million during the quarter, compared to the consensus estimate of $599.76 million. During the same period in the prior year, the company posted $2.15 EPS. The company’s revenue was up 38.4% compared to the same quarter last year. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. As a group, research analysts expect that GATX Corporation will post 9.8 EPS for the current fiscal year.

GATX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, June 15th. GATX’s dividend payout ratio (DPR) is currently 28.33%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on GATX shares. Citigroup raised GATX from a “neutral” rating to a “buy” rating and upped their target price for the company from $210.00 to $211.00 in a research report on Wednesday, April 8th. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a report on Tuesday, April 21st. Susquehanna reduced their price target on GATX from $220.00 to $218.00 and set a “positive” rating for the company in a research note on Friday, May 8th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $222.00 price objective on shares of GATX in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $217.00.

GATX Company 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.