GATX Corporation $GATX Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its stake in shares of GATX Corporation (NYSE:GATX) by 112.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,377 shares of the transportation company’s stock after purchasing an additional 8,124 shares during the quarter. Quantinno Capital Management LP’s holdings in GATX were worth $2,626,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Larson Financial Group LLC increased its stake in shares of GATX by 364.5% during the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 113 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of GATX during the fourth quarter valued at $27,000. Los Angeles Capital Management LLC acquired a new position in shares of GATX in the fourth quarter worth about $27,000. Rothschild Investment LLC boosted its stake in GATX by 127.6% in the 4th quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock worth $29,000 after purchasing an additional 97 shares during the period. Finally, Assetmark Inc. grew its holdings in shares of GATX by 50.8% during the first quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock valued at $33,000 after buying an additional 66 shares in the last quarter. Institutional investors own 93.14% of the company’s stock.

GATX Stock Performance

NYSE:GATX opened at $177.76 on Monday. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 3.44. The firm has a market capitalization of $6.28 billion, a PE ratio of 17.60 and a beta of 1.17. GATX Corporation has a 12-month low of $150.42 and a 12-month high of $205.56. The firm has a 50-day moving average price of $177.14 and a 200 day moving average price of $180.72.

GATX (NYSE:GATX) last announced its quarterly earnings results on Thursday, July 30th. The transportation company reported $2.84 EPS for the quarter, beating the consensus estimate of $2.46 by $0.38. The business had revenue of $580.10 million for the quarter, compared to analyst estimates of $598.77 million. GATX had a return on equity of 10.43% and a net margin of 17.94%.GATX’s quarterly revenue was up 34.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.06 EPS. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Research analysts anticipate that GATX Corporation will post 10.1 earnings per share for the current fiscal year.

GATX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.66 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. GATX’s payout ratio is 26.14%.

Analysts Set New Price Targets

GATX has been the subject of a number of research analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $222.00 price target on shares of GATX in a research report on Thursday, May 7th. Citigroup boosted their target price on shares of GATX from $214.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a report on Friday, July 17th. Finally, Susquehanna lifted their price objective on GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, GATX presently has an average rating of “Buy” and a consensus target price of $219.00.

Insider Buying and Selling

In other news, CFO Thomas A. Ellman sold 18,200 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $180.08, for a total transaction of $3,277,456.00. Following the sale, the chief financial officer owned 34,361 shares in the company, valued at approximately $6,187,728.88. This represents a 34.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.86% of the company’s stock.

GATX 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.