GATX Corporation $GATX Stock Holdings Raised by Natixis Advisors LLC

Natixis Advisors LLC lifted its stake in shares of GATX Corporation (NYSE:GATX) by 17.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 282,549 shares of the transportation company’s stock after buying an additional 42,942 shares during the quarter. Natixis Advisors LLC’s holdings in GATX were worth $49,389,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of GATX. American Century Companies Inc. increased its holdings in shares of GATX by 5.1% in the 3rd quarter. American Century Companies Inc. now owns 1,137,000 shares of the transportation company’s stock valued at $198,748,000 after acquiring an additional 55,609 shares during the last quarter. Charter Capital Management LLC DE acquired a new position in GATX in the third quarter worth $515,000. JPMorgan Chase & Co. increased its stake in GATX by 5.6% during the second quarter. JPMorgan Chase & Co. now owns 181,659 shares of the transportation company’s stock valued at $27,896,000 after purchasing an additional 9,667 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of GATX during the second quarter worth $2,244,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of GATX by 179.2% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 17,591 shares of the transportation company’s stock worth $2,701,000 after purchasing an additional 11,290 shares during the period. 93.14% of the stock is currently owned by institutional investors and hedge funds.

GATX Stock Performance

Shares of GATX opened at $179.04 on Tuesday. GATX Corporation has a 1 year low of $139.44 and a 1 year high of $199.00. The company has a market cap of $6.36 billion, a price-to-earnings ratio of 19.63 and a beta of 1.19. The company has a debt-to-equity ratio of 3.45, a quick ratio of 16.31 and a current ratio of 16.31. The firm has a fifty day moving average of $183.09 and a 200-day moving average of $172.27.

GATX (NYSE:GATX) last released its quarterly earnings data on Thursday, February 19th. The transportation company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.42 by $0.02. The business had revenue of $449.00 million for the quarter, compared to analysts’ expectations of $443.67 million. GATX had a net margin of 19.15% and a return on equity of 11.05%. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.93 EPS. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. As a group, equities analysts anticipate that GATX Corporation will post 8.5 earnings per share for the current year.

GATX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 2nd will be paid a $0.66 dividend. The ex-dividend date is Monday, March 2nd. This is an increase from GATX’s previous quarterly dividend of $0.61. This represents a $2.64 annualized dividend and a dividend yield of 1.5%. GATX’s dividend payout ratio (DPR) is 28.95%.

Insider Activity

In related news, SVP Jeffery R. Young sold 2,595 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $196.29, for a total value of $509,372.55. Following the completion of the transaction, the senior vice president directly owned 7,700 shares of the company’s stock, valued at $1,511,433. This represents a 25.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Robert Zmudka sold 5,200 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $192.61, for a total value of $1,001,572.00. Following the completion of the sale, the vice president owned 7,493 shares in the company, valued at approximately $1,443,226.73. This represents a 40.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,595 shares of company stock worth $2,202,995 over the last ninety days. 2.17% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

GATX has been the subject of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GATX in a report on Thursday, January 22nd. Citigroup lowered shares of GATX from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $197.00 to $210.00 in a research note on Tuesday, February 24th. The Goldman Sachs Group reissued a “buy” rating and issued a $204.00 target price on shares of GATX in a report on Wednesday, January 14th. Finally, Susquehanna lifted their target price on GATX from $212.00 to $220.00 and gave the company a “positive” rating in a research note on Friday, February 20th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $211.33.

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.