Walleye Capital LLC Invests $21.69 Million in GATX Corporation $GATX

Walleye Capital LLC purchased a new position in GATX Corporation (NYSE:GATX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 122,415 shares of the transportation company’s stock, valued at approximately $21,691,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its stake in GATX by 364.5% during the 3rd 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 last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of GATX in the 4th quarter worth about $27,000. Los Angeles Capital Management LLC bought a new stake in shares of GATX in the 4th quarter worth about $27,000. Rothschild Investment LLC raised its stake in shares of GATX by 127.6% in the 4th quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 97 shares in the last quarter. Finally, Assetmark Inc. raised its stake in shares of GATX by 50.8% in the 1st quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 66 shares in the last quarter. 93.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity at GATX

In other news, CFO Thomas A. Ellman sold 18,200 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief financial officer directly owned 34,361 shares of the company’s stock, valued at approximately $6,187,728.88. This represents a 34.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.86% of the company’s stock.

Analyst Ratings Changes

GATX has been the topic of several research analyst reports. Susquehanna increased their price target on shares of GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $222.00 target price on shares of GATX in a report on Thursday, May 7th. Citigroup lifted their target price on GATX from $214.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings downgraded GATX from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $219.00.

GATX Trading Up 0.6%

GATX stock opened at $180.40 on Friday. GATX Corporation has a 1 year low of $150.42 and a 1 year high of $205.56. The firm’s 50-day moving average is $178.12 and its 200-day moving average is $180.58. The company has a debt-to-equity ratio of 3.44, a quick ratio of 3.90 and a current ratio of 3.90. The company has a market cap of $6.37 billion, a P/E ratio of 17.86 and a beta of 1.17.

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

GATX Dividend Announcement

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

About GATX

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.