AYAL Capital Advisors Ltd Makes New Investment in GXO Logistics, Inc. $GXO

AYAL Capital Advisors Ltd purchased a new stake in GXO Logistics, Inc. (NYSE:GXO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 135,000 shares of the company’s stock, valued at approximately $6,574,000. GXO Logistics accounts for about 1.6% of AYAL Capital Advisors Ltd’s investment portfolio, making the stock its 9th largest holding. AYAL Capital Advisors Ltd owned 0.12% of GXO Logistics at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GXO. Cetera Investment Advisers boosted its stake in GXO Logistics by 11.6% during the first quarter. Cetera Investment Advisers now owns 11,547 shares of the company’s stock valued at $451,000 after buying an additional 1,199 shares during the period. LPL Financial LLC raised its holdings in shares of GXO Logistics by 23.7% in the 1st quarter. LPL Financial LLC now owns 72,279 shares of the company’s stock valued at $2,629,000 after acquiring an additional 13,825 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of GXO Logistics by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 11,370,657 shares of the company’s stock valued at $444,365,000 after acquiring an additional 37,852 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of GXO Logistics by 8.8% during the first quarter. Deutsche Bank AG now owns 210,132 shares of the company’s stock worth $8,212,000 after purchasing an additional 17,058 shares in the last quarter. Finally, Citigroup Inc. grew its holdings in shares of GXO Logistics by 215.9% during the first quarter. Citigroup Inc. now owns 228,176 shares of the company’s stock worth $8,917,000 after purchasing an additional 155,939 shares in the last quarter. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Stock Performance

GXO Logistics stock opened at $53.15 on Friday. The firm has a fifty day simple moving average of $52.29 and a two-hundred day simple moving average of $50.49. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.73. GXO Logistics, Inc. has a twelve month low of $30.46 and a twelve month high of $57.99. The company has a market capitalization of $6.09 billion, a PE ratio of 69.94, a P/E/G ratio of 2.21 and a beta of 1.65.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.01. GXO Logistics had a return on equity of 10.45% and a net margin of 0.69%.The firm had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.39 billion. During the same period last year, the firm earned $0.79 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. Research analysts expect that GXO Logistics, Inc. will post 2.49 EPS for the current year.

Insider Buying and Selling

In related news, Director Todd C. Cooper purchased 6,000 shares of the firm’s stock in a transaction on Friday, November 28th. The shares were acquired at an average cost of $50.59 per share, with a total value of $303,540.00. Following the purchase, the director directly owned 10,040 shares of the company’s stock, valued at approximately $507,923.60. This trade represents a 148.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 2.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on GXO. JPMorgan Chase & Co. raised their target price on shares of GXO Logistics from $66.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Susquehanna restated a “positive” rating and set a $64.00 price objective on shares of GXO Logistics in a research report on Thursday, November 6th. The Goldman Sachs Group raised shares of GXO Logistics from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $52.00 to $68.00 in a report on Wednesday, September 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of GXO Logistics in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft upgraded GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research report on Thursday, November 6th. Eleven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $62.69.

GXO Logistics Profile

GXO Logistics, Inc, together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others.