50,500 Shares in GATX Corporation $GATX Purchased by Philadelphia Financial Management of San Francisco LLC

Philadelphia Financial Management of San Francisco LLC purchased a new position in shares of GATX Corporation (NYSE:GATX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 50,500 shares of the transportation company’s stock, valued at approximately $8,948,095,000. GATX comprises approximately 1.8% of Philadelphia Financial Management of San Francisco LLC’s portfolio, making the stock its 16th largest holding.

A number of other large investors have also recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of GATX in the second quarter valued at approximately $823,055,000. Dimensional Fund Advisors LP boosted its position in GATX by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,481,900 shares of the transportation company’s stock valued at $251,337,000 after purchasing an additional 9,109 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of GATX by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 1,219,746 shares of the transportation company’s stock valued at $187,304,000 after buying an additional 6,104 shares in the last quarter. Wellington Management Group LLP grew its holdings in GATX by 0.4% in the fourth quarter. Wellington Management Group LLP now owns 1,011,703 shares of the transportation company’s stock worth $171,585,000 after purchasing an additional 4,406 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of GATX by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 885,634 shares of the transportation company’s stock worth $150,228,000 after acquiring an additional 3,655 shares during the last quarter. 93.14% of the stock is owned by hedge funds and other institutional investors.

GATX Stock Performance

GATX stock opened at $178.35 on Thursday. The firm has a 50 day simple moving average of $178.74 and a 200-day simple moving average of $180.24. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 17.66 and a beta of 1.17. The company has a debt-to-equity ratio of 3.44, a current ratio of 3.90 and a quick ratio of 3.90. GATX Corporation has a 1-year low of $150.42 and a 1-year high of $205.56.

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

GATX Announces Dividend

The business also recently disclosed 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. This represents a $2.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Tuesday, September 15th. GATX’s dividend payout ratio (DPR) is presently 26.14%.

Analysts Set New Price Targets

GATX has been the subject of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $222.00 price target on shares of GATX in a report on Thursday, May 7th. Citigroup upped their target price on GATX from $214.00 to $215.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Susquehanna raised their price target on shares of GATX from $218.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, July 31st. Finally, Weiss Ratings cut GATX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $219.00.

Insider Transactions at GATX

In other GATX news, CFO Thomas A. Ellman sold 18,200 shares of the company’s stock in a transaction dated 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 $6,187,728.88. This represents a 34.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company 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.