Pekin Hardy Strauss Inc. boosted its holdings in GXO Logistics, Inc. (NYSE:GXO – Free Report) by 9.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,951 shares of the company’s stock after purchasing an additional 14,385 shares during the quarter. Pekin Hardy Strauss Inc. owned about 0.14% of GXO Logistics worth $7,377,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Rokos Capital Management LLP acquired a new stake in GXO Logistics during the first quarter worth approximately $21,315,000. Dimensional Fund Advisors LP lifted its position in shares of GXO Logistics by 8.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock worth $252,318,000 after buying an additional 371,391 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of GXO Logistics during the 3rd quarter worth approximately $16,055,000. Engineers Gate Manager LP boosted its holdings in shares of GXO Logistics by 50.1% in the 2nd quarter. Engineers Gate Manager LP now owns 644,807 shares of the company’s stock valued at $32,692,000 after buying an additional 215,269 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of GXO Logistics by 9,900.6% in the 1st quarter. Fifth Third Bancorp now owns 126,608 shares of the company’s stock valued at $6,565,000 after buying an additional 125,342 shares in the last quarter. 90.67% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting GXO Logistics
Here are the key news stories impacting GXO Logistics this week:
- Positive Sentiment: GXO earned $0.89 per share, above the $0.86 consensus, and revenue of about $3.59 billion also topped estimates. Revenue rose 5.7% year over year. Zacks Q3 earnings report
- Positive Sentiment: Management reiterated 2026 adjusted EPS guidance of $2.95–$3.15 and forecast more than $850 million in incremental revenue in 2027, supporting the growth outlook. GXO outlook report
- Positive Sentiment: CEO Patrick Kelleher sees growth accelerating and margins improving; reports also cite data-center demand and expanding AI and automation initiatives as potential drivers. Yahoo Finance CEO interview Logistics Management report
- Positive Sentiment: JPMorgan raised its target to $73 and maintained Overweight; Citi lifted its target to $66 with a Buy rating, and Oppenheimer raised its target to $65 with an Outperform rating. Read More., Read More., Read More.
- Neutral Sentiment: GXO shares moved lower despite the upbeat earnings, outlook, and analyst actions. The supplied reports do not point to a specific negative catalyst for the move.
Analysts Set New Price Targets
Get Our Latest Stock Report on GXO Logistics
GXO Logistics Trading Down 2.9%
GXO opened at $55.30 on Friday. The firm has a market cap of $6.34 billion, a price-to-earnings ratio of 46.86, a price-to-earnings-growth ratio of 1.78 and a beta of 1.52. GXO Logistics, Inc. has a 52 week low of $43.61 and a 52 week high of $66.85. The business’s 50 day moving average is $47.42 and its two-hundred day moving average is $51.77. The company has a quick ratio of 0.79, a current ratio of 0.76 and a debt-to-equity ratio of 0.81.
GXO Logistics (NYSE:GXO – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.03. The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.54 billion. GXO Logistics had a return on equity of 10.91% and a net margin of 0.98%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 earnings per share. On average, research analysts predict that GXO Logistics, Inc. will post 3.05 EPS for the current year.
About GXO Logistics
GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.
The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.
GXO was formed through the spin-off of XPO’s logistics segment and began operating as an independent public company in 2021.
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