GATX Corporation $GATX Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC lessened its position in shares of GATX Corporation (NYSE:GATX) by 52.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,298 shares of the transportation company’s stock after selling 6,898 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in GATX were worth $1,101,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. boosted its stake in GATX by 434.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 187 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 152 shares during the period. Bayforest Capital Ltd lifted its stake in shares of GATX by 219.0% in the 2nd quarter. Bayforest Capital Ltd now owns 370 shares of the transportation company’s stock worth $57,000 after acquiring an additional 254 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of GATX in the second quarter valued at approximately $65,000. Mather Group LLC. acquired a new position in shares of GATX during the third quarter valued at approximately $72,000. Finally, Meeder Asset Management Inc. bought a new stake in GATX during the third quarter worth approximately $76,000. 93.14% of the stock is currently owned by institutional investors.

GATX Trading Up 1.4%

NYSE:GATX opened at $179.45 on Monday. The company has a quick ratio of 3.81, a current ratio of 3.81 and a debt-to-equity ratio of 3.26. GATX Corporation has a 1-year low of $139.44 and a 1-year high of $179.70. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of 20.96 and a beta of 1.16. The stock has a fifty day simple moving average of $166.86 and a 200 day simple moving average of $164.44.

GATX (NYSE:GATX) last issued its quarterly earnings results on Tuesday, October 21st. The transportation company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.32 by ($0.22). GATX had a net margin of 18.35% and a return on equity of 11.62%. The firm had revenue of $439.30 million during the quarter, compared to analysts’ expectations of $435.21 million. During the same quarter last year, the company posted $2.43 EPS. The firm’s revenue was up 8.4% compared to the same quarter last year. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. Sell-side analysts forecast that GATX Corporation will post 8.5 earnings per share for the current year.

GATX Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, December 15th. GATX’s payout ratio is presently 28.50%.

Insider Transactions at GATX

In other GATX news, SVP Aken Jennifer Van sold 1,800 shares of GATX stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $164.15, for a total transaction of $295,470.00. Following the transaction, the senior vice president owned 5,912 shares of the company’s stock, valued at $970,454.80. The trade was a 23.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Citigroup increased their price target on GATX from $192.00 to $198.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $204.00 target price on shares of GATX in a research note on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a research report on Wednesday, October 8th. Finally, Susquehanna upped their price target on shares of GATX from $190.00 to $192.00 and gave the company a “positive” rating in a report on Wednesday, October 22nd. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, GATX currently has an average rating of “Buy” and an average target price of $198.00.

About GATX

GATX Corporation (NYSE: GATX) is a global railcar leasing and asset management company headquartered in Chicago, Illinois. Founded in 1898 as General American Transportation Corporation, GATX has grown into one of the world’s leading lessors of railcars, marine vessels and industrial assets. The company’s core business focuses on leasing and managing high-value equipment for customers in the energy, industrial, chemical, agricultural and metals markets.

In its Rail North America segment, GATX owns and manages a diverse fleet of more than 60,000 railcars, including tank cars, covered hoppers, boxcars and flatcars.