Stanley Laman Group Ltd. Has $3.83 Million Stake in GXO Logistics, Inc. $GXO

Stanley Laman Group Ltd. trimmed its position in GXO Logistics, Inc. (NYSE:GXO) by 27.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,486 shares of the company’s stock after selling 27,878 shares during the period. Stanley Laman Group Ltd. owned approximately 0.06% of GXO Logistics worth $3,834,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of GXO. Northwestern Mutual Wealth Management Co. lifted its stake in GXO Logistics by 72.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 945 shares of the company’s stock valued at $37,000 after acquiring an additional 396 shares in the last quarter. Baird Financial Group Inc. bought a new position in shares of GXO Logistics during the 1st quarter worth approximately $271,000. Federation des caisses Desjardins du Quebec raised its holdings in shares of GXO Logistics by 134.3% in the first quarter. Federation des caisses Desjardins du Quebec now owns 59,530 shares of the company’s stock valued at $2,327,000 after purchasing an additional 34,120 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of GXO Logistics by 29.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company’s stock valued at $1,568,000 after purchasing an additional 9,134 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd lifted its position in shares of GXO Logistics by 13.6% in the first quarter. Dynamic Technology Lab Private Ltd now owns 21,391 shares of the company’s stock worth $836,000 after purchasing an additional 2,562 shares in the last quarter. 90.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at GXO Logistics

In other GXO Logistics news, Director Todd C. Cooper bought 6,000 shares of the firm’s stock in a transaction that occurred 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 acquisition, the director owned 10,040 shares of the company’s stock, valued at $507,923.60. The trade was a 148.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.30% of the company’s stock.

Analyst Upgrades and Downgrades

GXO has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised shares of GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Thursday, November 6th. Truist Financial set a $65.00 price objective on shares of GXO Logistics in a research note on Tuesday, October 14th. Morgan Stanley lifted their target price on GXO Logistics from $58.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. JPMorgan Chase & Co. upped their target price on GXO Logistics from $66.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of GXO Logistics in a research report on Monday, December 29th. Eleven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $62.62.

GXO Logistics Stock Up 3.1%

Shares of GXO stock opened at $54.28 on Monday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.71 and a current ratio of 0.71. The firm’s 50-day moving average is $52.05 and its 200-day moving average is $51.77. The stock has a market cap of $6.21 billion, a price-to-earnings ratio of 71.42, a PEG ratio of 1.77 and a beta of 1.64. GXO Logistics, Inc. has a 52-week low of $30.46 and a 52-week high of $57.99.

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

GXO Logistics 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.