GATX (NYSE:GATX) Stock Rating Upgraded by Susquehanna

GATX (NYSE:GATX) was upgraded by research analysts at Susquehanna from a “neutral” rating to a “positive” rating in a research note issued on Monday, Marketbeat.com reports. The firm presently has a $190.00 price target on the transportation company’s stock. Susquehanna’s price objective points to a potential upside of 18.68% from the stock’s previous close.

Separately, The Goldman Sachs Group restated a “buy” rating on shares of GATX in a report on Wednesday, April 23rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $177.67.

GATX Trading Up 1.3%

Shares of GATX stock opened at $160.0980 on Monday. The company has a debt-to-equity ratio of 3.27, a current ratio of 2.93 and a quick ratio of 2.93. GATX has a 1 year low of $127.69 and a 1 year high of $168.89. The company has a market capitalization of $5.70 billion, a P/E ratio of 18.32 and a beta of 1.18. The business has a 50 day moving average price of $155.05 and a 200 day moving average price of $154.14.

GATX (NYSE:GATX) last released its earnings results on Tuesday, July 29th. The transportation company reported $2.06 EPS for the quarter, topping the consensus estimate of $1.95 by $0.11. The firm had revenue of $430.50 million during the quarter, compared to analysts’ expectations of $425.52 million. GATX had a net margin of 19.13% and a return on equity of 12.52%. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. Sell-side analysts anticipate that GATX will post 8.5 EPS for the current fiscal year.

Insider Buying and Selling

In other GATX news, VP Jennifer Mcmanus sold 1,800 shares of the company’s stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $154.92, for a total value of $278,856.00. Following the completion of the transaction, the vice president directly owned 3,468 shares of the company’s stock, valued at $537,262.56. This represents a 34.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Paul F. Titterton sold 18,700 shares of the company’s stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $156.66, for a total transaction of $2,929,542.00. Following the completion of the transaction, the executive vice president directly owned 10,468 shares of the company’s stock, valued at approximately $1,639,916.88. The trade was a 64.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 22,700 shares of company stock valued at $3,544,096. Company insiders own 2.17% of the company’s stock.

Hedge Funds Weigh In On GATX

Institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. boosted its holdings in shares of GATX by 434.3% in the second quarter. Hantz Financial Services Inc. now owns 187 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 152 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of GATX in the first quarter valued at approximately $30,000. TCTC Holdings LLC boosted its holdings in shares of GATX by 117.0% in the first quarter. TCTC Holdings LLC now owns 243 shares of the transportation company’s stock valued at $38,000 after acquiring an additional 131 shares in the last quarter. Orion Capital Management LLC bought a new position in shares of GATX in the fourth quarter valued at approximately $39,000. Finally, UMB Bank n.a. boosted its holdings in shares of GATX by 101.2% in the first quarter. UMB Bank n.a. now owns 328 shares of the transportation company’s stock valued at $51,000 after acquiring an additional 165 shares in the last quarter. 93.14% of the stock is owned by institutional investors.

About GATX

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.