Cwm LLC Increases Stake in QXO, Inc. $QXO

Cwm LLC grew its holdings in shares of QXO, Inc. (NYSE:QXO) by 2,197.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,556 shares of the company’s stock after purchasing an additional 44,530 shares during the quarter. Cwm LLC’s holdings in QXO were worth $887,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Farther Finance Advisors LLC acquired a new stake in shares of QXO in the second quarter valued at about $25,000. American Capital Advisory LLC raised its holdings in QXO by 258.0% in the 2nd quarter. American Capital Advisory LLC now owns 1,167 shares of the company’s stock valued at $25,000 after acquiring an additional 841 shares during the last quarter. Allworth Financial LP lifted its stake in QXO by 1,740.9% in the 2nd quarter. Allworth Financial LP now owns 1,215 shares of the company’s stock worth $26,000 after purchasing an additional 1,149 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in QXO in the 2nd quarter worth approximately $28,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of QXO during the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 58.68% of the company’s stock.

More QXO News

Here are the key news stories impacting QXO this week:

• Positive Sentiment: Major funding committed — QXO announced a $1.2 billion convertible perpetual preferred equity investment led by Apollo to finance future acquisitions, materially increasing the company’s M&A firepower and balance‑sheet flexibility. QXO Announces $1.2 Billion Convertible Preferred Equity Investment Led by Apollo to Fund Future Acquisitions
• Positive Sentiment: Market excitement and visible buyer interest — multiple outlets report the Apollo‑led investment and an active M&A pipeline, which has driven speculative buying and analyst/media attention that often supports a deal‑driven re‑rating for serial acquirers like QXO. QXO Gets a $1.2 Billion Apollo-Led Investment for M&A
• Positive Sentiment: Acquisition expectations rising — MarketWatch’s “Market Talk” reports QXO is nearing its next acquisition, reinforcing the idea that the fresh capital will be deployed quickly into deals that could lift revenues and margins over time. QXO Nearing Next Acquisition as Transformation Playbook Hums — Market Talk
• Neutral Sentiment: Increased media/analyst coverage — QXO was discussed on CNBC’s “Final Trades” and by other outlets, which raises visibility and trading volume but doesn’t by itself change fundamentals. Lockheed Martin, QXO And A Health Care Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Deal structure matters — coverage notes the capital comes via convertible preferred stock; specifics (conversion price, yield, protections) will determine actual shareholder impact and timing of any dilution. QXO discloses $1.2bn convertible preferred equity investment led by Apollo to fund M&A
• Negative Sentiment: Potential dilution and long‑term cost — convertible preferred can convert into common shares or impose ongoing financial obligations; depending on terms, this may dilute existing shareholders or reduce upside from future deals. Apollo Said to Invest in Brad Jacobs’ Distribution Company QXO
• Negative Sentiment: Underlying fundamentals still uneven — QXO’s recent results show margin pressure and a negative EPS backdrop; M&A can be accretive but execution risk and integration costs will determine whether deals improve profitability. QXO Inc. (QXO) Rockets 18% as New Investor Places $1.2-Billion Bet

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Truist Financial cut their price target on QXO from $28.00 to $26.00 and set a “buy” rating for the company in a report on Friday, December 19th. KeyCorp set a $28.00 target price on QXO in a report on Wednesday, October 1st. Zacks Research downgraded QXO from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. William Blair reiterated an “outperform” rating on shares of QXO in a report on Wednesday, December 31st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of QXO in a report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $32.57.

QXO Stock Up 2.9%

Shares of QXO opened at $23.97 on Wednesday. The company’s 50-day moving average price is $19.43 and its 200 day moving average price is $20.10. QXO, Inc. has a 12-month low of $11.85 and a 12-month high of $24.69. The company has a current ratio of 3.06, a quick ratio of 2.24 and a debt-to-equity ratio of 0.37. The firm has a market cap of $16.17 billion, a P/E ratio of -54.49, a price-to-earnings-growth ratio of 2.52 and a beta of 2.44.

QXO (NYSE:QXO) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.78 billion. QXO had a negative net margin of 3.81% and a positive return on equity of 3.70%. QXO’s quarterly revenue was up 20726.7% on a year-over-year basis. On average, sell-side analysts forecast that QXO, Inc. will post -0.13 earnings per share for the current year.

About QXO

QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services.