Clearbridge Investments LLC Trims Stock Position in GXO Logistics, Inc. $GXO

Clearbridge Investments LLC lessened its holdings in shares of GXO Logistics, Inc. (NYSE:GXO) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,740,919 shares of the company’s stock after selling 30,492 shares during the period. Clearbridge Investments LLC’s holdings in GXO Logistics were worth $249,562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of GXO Logistics by 29.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company’s stock worth $1,568,000 after purchasing an additional 9,134 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of GXO Logistics by 2.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company’s stock worth $14,741,000 after purchasing an additional 8,670 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after acquiring an additional 1,958 shares during the last quarter. Hsbc Holdings PLC boosted its position in GXO Logistics by 2.0% during the second quarter. Hsbc Holdings PLC now owns 12,780 shares of the company’s stock worth $622,000 after acquiring an additional 253 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in GXO Logistics during the second quarter worth about $271,000. Hedge funds and other institutional investors own 90.67% of the company’s stock.

GXO Logistics Stock Performance

NYSE:GXO opened at $48.68 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $5.60 billion, a price-to-earnings ratio of 42.71, a PEG ratio of 1.62 and a beta of 1.56. The company’s 50-day moving average is $52.31 and its two-hundred day moving average is $54.44. GXO Logistics, Inc. has a 1-year low of $42.09 and a 1-year high of $66.85.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GXO. Stifel Nicolaus set a $71.00 price target on shares of GXO Logistics in a research report on Thursday, May 7th. Wells Fargo & Company lowered their price target on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Wall Street Zen upgraded shares of GXO Logistics from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Truist Financial boosted their price target on shares of GXO Logistics from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $58.00 to $65.00 in a research report on Wednesday, May 27th. Eleven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued 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.