Susquehanna Fundamental Investments LLC Grows Stock Holdings in GATX Corporation $GATX

Susquehanna Fundamental Investments LLC increased its position in shares of GATX Corporation (NYSE:GATX) by 113.8% in the second quarter, HoldingsChannel.com reports. The firm owned 18,287 shares of the transportation company’s stock after acquiring an additional 9,732 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in GATX were worth $3,240,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of GATX. Northwestern Mutual Investment Management Company LLC lifted its holdings in GATX by 0.7% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 7,988 shares of the transportation company’s stock worth $1,355,000 after buying an additional 53 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of GATX by 0.8% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 6,310 shares of the transportation company’s stock valued at $1,070,000 after acquiring an additional 53 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of GATX by 8.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 702 shares of the transportation company’s stock worth $119,000 after acquiring an additional 55 shares in the last quarter. Assetmark Inc. lifted its stake in GATX by 50.8% during the first quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock worth $33,000 after purchasing an additional 66 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in GATX by 26.5% in the third quarter. Brown Brothers Harriman & Co. now owns 315 shares of the transportation company’s stock valued at $55,000 after purchasing an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

GATX Trading Down 1.4%

Shares of GATX stock opened at $175.10 on Tuesday. The business’s 50 day moving average is $178.69 and its two-hundred day moving average is $179.99. GATX Corporation has a twelve month low of $150.42 and a twelve month high of $205.56. The company has a current ratio of 3.90, a quick ratio of 3.90 and a debt-to-equity ratio of 3.44. The company has a market capitalization of $6.18 billion, a P/E ratio of 17.34 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 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.38. GATX had a net margin of 17.94% and a return on equity of 10.43%. The company had revenue of $580.10 million during the quarter, compared to the consensus estimate of $598.77 million. During the same quarter in the prior year, the firm earned $2.06 EPS. GATX’s quarterly revenue was up 34.8% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Equities analysts forecast that GATX Corporation will post 10.1 EPS for the current year.

GATX Dividend Announcement

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

Insiders Place Their Bets

In other news, CFO Thomas A. Ellman sold 18,200 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $180.08, for a total transaction of $3,277,456.00. Following the transaction, the chief financial officer directly owned 34,361 shares of the company’s stock, valued at $6,187,728.88. This represents a 34.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Eren Doygun sold 1,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $179.52, for a total transaction of $179,520.00. Following the completion of the transaction, the senior vice president owned 5,323 shares of the company’s stock, valued at $955,584.96. This represents a 15.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.86% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

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

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.