Entropy Technologies LP Takes $1.93 Million Position in GXO Logistics, Inc. $GXO

Entropy Technologies LP acquired a new position in shares of GXO Logistics, Inc. (NYSE:GXO) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 36,567 shares of the company’s stock, valued at approximately $1,925,000.

Several other large investors have also recently bought and sold shares of GXO. Allworth Financial LP raised its stake in GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares in the last quarter. Accredited Wealth Management LLC increased its holdings in shares of GXO Logistics by 1,100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after acquiring an additional 550 shares during the last quarter. Chapman Financial Group LLC purchased a new position in shares of GXO Logistics in the 2nd quarter valued at about $34,000. Fifth Third Bancorp raised its position in shares of GXO Logistics by 22.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after acquiring an additional 219 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in GXO Logistics by 85.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after purchasing an additional 653 shares during the last quarter. Hedge funds and other institutional investors own 90.67% of the company’s stock.

GXO Logistics Stock Performance

Shares of GXO Logistics stock opened at $50.18 on Tuesday. The firm’s fifty day simple moving average is $52.07 and its 200-day simple moving average is $54.56. GXO Logistics, Inc. has a 12 month low of $42.49 and a 12 month high of $66.85. The stock has a market capitalization of $5.77 billion, a price-to-earnings ratio of 44.01, a PEG ratio of 1.65 and a beta of 1.56. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.13. The firm had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.22 billion. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. GXO Logistics’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 EPS. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. As a group, equities analysts forecast that GXO Logistics, Inc. will post 3.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

GXO has been the topic of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $75.00 price target on shares of GXO Logistics in a research note on Tuesday, February 17th. The Goldman Sachs Group cut shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 target price for the company. in a report on Wednesday, March 4th. Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. Wall Street Zen raised shares of GXO Logistics from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Finally, Wells Fargo & Company decreased their price objective on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, GXO Logistics has an average rating of “Moderate Buy” and an average target price of $69.92.

About GXO Logistics

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.