Vaughan Nelson Investment Management L.P. Sells 597,548 Shares of GXO Logistics, Inc. $GXO

Vaughan Nelson Investment Management L.P. decreased its position in GXO Logistics, Inc. (NYSE:GXO) by 85.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,582 shares of the company’s stock after selling 597,548 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.09% of GXO Logistics worth $5,111,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after purchasing an additional 329 shares during the last quarter. Accredited Wealth Management LLC increased its position in GXO Logistics by 1,100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after buying an additional 550 shares during the period. Chapman Financial Group LLC acquired a new stake in shares of GXO Logistics during the second quarter worth $34,000. Fifth Third Bancorp lifted its holdings in shares of GXO Logistics by 22.0% during the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after buying an additional 219 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of GXO Logistics by 85.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock valued at $75,000 after acquiring an additional 653 shares during the period. Institutional investors own 90.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $58.00 to $65.00 in a research report on Wednesday, May 27th. Weiss Ratings lowered shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Stifel Nicolaus set a $71.00 target price on shares of GXO Logistics in a report on Thursday, May 7th. The Goldman Sachs Group cut GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target for the company. in a research note on Wednesday, March 4th. Finally, Wells Fargo & Company reduced their price target on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Eleven equities research 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’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $69.92.

GXO Logistics Stock Up 2.3%

GXO stock opened at $49.74 on Tuesday. GXO Logistics, Inc. has a 52 week low of $45.40 and a 52 week high of $66.85. The business has a 50-day simple moving average of $51.54 and a 200 day simple moving average of $54.50. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. The company has a market cap of $5.72 billion, a PE ratio of 43.63, a price-to-earnings-growth ratio of 1.62 and a beta of 1.56.

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

GXO Logistics Company Profile

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.