Jefferies Financial Group Inc. Buys New Shares in GATX Corporation $GATX

Jefferies Financial Group Inc. purchased a new stake in shares of GATX Corporation (NYSE:GATX) during the 4th quarter, HoldingsChannel reports. The firm purchased 17,320 shares of the transportation company’s stock, valued at approximately $2,937,000.

Several other large investors have also added to or reduced their stakes in GATX. Northwestern Mutual Wealth Management Co. grew its stake in GATX by 270,265.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 640,765 shares of the transportation company’s stock valued at $108,674,000 after purchasing an additional 640,528 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of GATX by 681.7% in the third quarter. Alliancebernstein L.P. now owns 574,333 shares of the transportation company’s stock worth $100,393,000 after purchasing an additional 500,857 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of GATX by 429.5% in the second quarter. Squarepoint Ops LLC now owns 187,835 shares of the transportation company’s stock worth $28,844,000 after purchasing an additional 152,361 shares during the last quarter. Steadfast Capital Management LP purchased a new position in shares of GATX in the third quarter worth about $24,489,000. Finally, Invesco Ltd. raised its stake in shares of GATX by 104.7% in the second quarter. Invesco Ltd. now owns 113,613 shares of the transportation company’s stock worth $17,446,000 after purchasing an additional 58,100 shares during the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

GATX Stock Up 1.0%

GATX stock opened at $171.36 on Wednesday. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 18.39 and a beta of 1.24. GATX Corporation has a 52 week low of $144.56 and a 52 week high of $205.56. The business’s 50-day moving average price is $181.46 and its 200 day moving average price is $176.92. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 3.41.

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

GATX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, June 15th. GATX’s dividend payout ratio (DPR) is currently 28.33%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Citigroup upgraded GATX from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $210.00 to $211.00 in a research note on Wednesday, April 8th. Susquehanna reduced their price objective on GATX from $220.00 to $218.00 and set a “positive” rating for the company in a research note on Friday, May 8th. The Goldman Sachs Group restated a “buy” rating and issued a $222.00 price objective on shares of GATX in a research note on Thursday, May 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of GATX in a research note on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $217.00.

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.