New Age Alpha Advisors LLC Purchases 13,691 Shares of GATX Corporation $GATX

New Age Alpha Advisors LLC increased its position in shares of GATX Corporation (NYSE:GATX) by 734.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,555 shares of the transportation company’s stock after purchasing an additional 13,691 shares during the quarter. New Age Alpha Advisors LLC’s holdings in GATX were worth $2,638,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GATX. Larson Financial Group LLC lifted its position in GATX by 364.5% during the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after purchasing an additional 113 shares during the period. Ameriflex Group Inc. bought a new stake in GATX during the third quarter worth about $27,000. Community Bank N.A. bought a new stake in GATX during the third quarter worth about $27,000. Elevation Wealth Partners LLC bought a new stake in GATX during the fourth quarter worth about $32,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in GATX during the fourth quarter worth about $33,000. Institutional investors own 93.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GATX. The Goldman Sachs Group reissued a “buy” rating and issued a $222.00 target price on shares of GATX in a report on Thursday, May 7th. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a report on Tuesday, April 21st. Citigroup raised shares of GATX from a “neutral” rating to a “buy” rating and increased their target price for the stock from $210.00 to $211.00 in a report on Wednesday, April 8th. Finally, Susquehanna dropped their target price on shares of GATX from $220.00 to $218.00 and set a “positive” rating for the company in a report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, GATX has an average rating of “Buy” and an average price target of $217.00.

GATX Stock Up 1.0%

Shares of NYSE GATX opened at $171.36 on Wednesday. The company has a 50 day simple moving average of $181.46 and a 200 day simple moving average of $176.92. The firm has a market cap of $6.08 billion, a PE ratio of 18.39 and a beta of 1.24. GATX Corporation has a 1 year low of $144.56 and a 1 year high of $205.56. The company has a debt-to-equity ratio of 3.41, a current ratio of 3.91 and a quick ratio of 3.91.

GATX (NYSE:GATX) last issued its quarterly earnings data on Thursday, May 7th. The transportation company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $0.07. The business had revenue of $583.70 million during the quarter, compared to analyst estimates of $599.76 million. GATX had a net margin of 17.88% and a return on equity of 10.31%. The firm’s quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter last year, the business earned $2.15 EPS. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. On average, research analysts forecast that GATX Corporation will post 9.8 EPS for the current year.

GATX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued 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 Monday, June 15th. GATX’s dividend payout ratio (DPR) is 28.33%.

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.