Segall Bryant & Hamill LLC Buys 22,940 Shares of GXO Logistics, Inc. $GXO

Segall Bryant & Hamill LLC lifted its position in GXO Logistics, Inc. (NYSE:GXO) by 9.6% in the first quarter, Holdings Channel reports. The firm owned 261,426 shares of the company’s stock after buying an additional 22,940 shares during the period. Segall Bryant & Hamill LLC’s holdings in GXO Logistics were worth $13,555,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. raised its position in GXO Logistics by 15.2% during the 4th quarter. UMB Bank n.a. now owns 1,674 shares of the company’s stock valued at $88,000 after purchasing an additional 221 shares in the last quarter. Guggenheim Capital LLC lifted its holdings in shares of GXO Logistics by 5.3% in the 4th quarter. Guggenheim Capital LLC now owns 4,445 shares of the company’s stock worth $234,000 after buying an additional 225 shares during the period. Parallel Advisors LLC grew its position in shares of GXO Logistics by 9.4% during the 1st quarter. Parallel Advisors LLC now owns 2,723 shares of the company’s stock worth $141,000 after buying an additional 233 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in GXO Logistics by 3.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,073 shares of the company’s stock worth $372,000 after acquiring an additional 235 shares in the last quarter. Finally, CWM LLC boosted its stake in shares of GXO Logistics by 11.4% during the fourth quarter. CWM LLC now owns 2,350 shares of the company’s stock valued at $124,000 after purchasing an additional 240 shares in the last quarter. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Price Performance

Shares of GXO Logistics stock opened at $50.22 on Friday. The business has a 50 day simple moving average of $50.62 and a two-hundred day simple moving average of $54.09. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $5.78 billion, a P/E ratio of 44.05, a PEG ratio of 1.66 and a beta of 1.55. 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 earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.13. The company 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 firm’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.29 EPS. 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 3.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Wells Fargo & Company initiated coverage on shares of GXO Logistics in a research note on Tuesday, July 28th. They issued an “overweight” rating and a $18.00 price objective for the company. Morgan Stanley increased their price target on GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Citigroup assumed coverage on shares of GXO Logistics in a report on Wednesday, July 15th. They issued a “market outperform” rating for the company. Truist Financial decreased their target price on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Finally, Stephens initiated coverage on shares of GXO Logistics in a research report on Wednesday, July 8th. They set an “overweight” rating and a $75.00 target price for the company. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, GXO Logistics currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.71.

About GXO Logistics

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.