GXO Logistics, Inc. $GXO Stake Lessened by Entropy Technologies LP

Entropy Technologies LP lessened its stake in shares of GXO Logistics, Inc. (NYSE:GXO) by 40.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,723 shares of the company’s stock after selling 14,844 shares during the quarter. Entropy Technologies LP’s holdings in GXO Logistics were worth $1,126,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in GXO. Allworth Financial LP lifted its position in GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after purchasing an additional 329 shares during the period. Chapman Financial Group LLC acquired a new stake in shares of GXO Logistics in the second quarter valued at $34,000. Farther Finance Advisors LLC boosted its stake in GXO Logistics by 85.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock valued at $75,000 after buying an additional 653 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock valued at $78,000 after buying an additional 1,958 shares in the last quarter. Finally, Danske Bank A S acquired a new position in GXO Logistics during the third quarter worth about $79,000. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Trading Up 0.9%

NYSE:GXO opened at $53.17 on Tuesday. 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 1-year low of $45.40 and a 1-year high of $66.85. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 46.64, a price-to-earnings-growth ratio of 1.74 and a beta of 1.55. The stock has a fifty day simple moving average of $50.26 and a 200 day simple moving average of $54.21.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.22 billion. During the same quarter last year, the business 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. Sell-side analysts forecast that GXO Logistics, Inc. will post 3.07 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on GXO. Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $58.00 to $65.00 in a research report on Wednesday, May 27th. Wells Fargo & Company lowered their price objective on shares of 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 dropped their target price on shares of GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Wall Street Zen lowered shares of GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Citizens Jmp initiated coverage on shares of GXO Logistics in a report on Wednesday, July 15th. They set a “market perform” rating and a $80.00 target price for the company. Twelve investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, GXO Logistics currently has an average rating of “Moderate Buy” and a consensus price target of $70.07.

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.