GATX (NYSE:GATX) Sets New 12-Month High After Analyst Upgrade

GATX Corporation (NYSE:GATX) shares reached a new 52-week high on Monday after Susquehanna raised their price target on the stock from $212.00 to $220.00. Susquehanna currently has a positive rating on the stock. GATX traded as high as $198.90 and last traded at $197.8340, with a volume of 511351 shares trading hands. The stock had previously closed at $189.06.

Several other research analysts also recently commented on the stock. Citigroup raised their price objective on shares of GATX from $192.00 to $198.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $204.00 price target on shares of GATX in a report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a research report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $207.33.

Insider Activity

In related news, SVP Aken Jennifer Van sold 1,800 shares of GATX stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $164.15, for a total transaction of $295,470.00. Following the completion of the sale, the senior vice president owned 5,912 shares of the company’s stock, valued at approximately $970,454.80. This trade represents a 23.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.17% of the company’s stock.

Institutional Trading of GATX

Several institutional investors and hedge funds have recently made changes to their positions in GATX. Larson Financial Group LLC grew its position in GATX by 364.5% in the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Ameriflex Group Inc. purchased a new position in shares of GATX in the 3rd quarter worth about $27,000. Community Bank N.A. purchased a new position in shares of GATX in the 3rd quarter worth about $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of GATX during the 4th quarter valued at about $27,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of GATX during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 93.14% of the company’s stock.

GATX Stock Down 1.5%

The company has a market cap of $6.94 billion, a P/E ratio of 21.44 and a beta of 1.19. The stock has a 50-day moving average of $180.66 and a two-hundred day moving average of $170.33. The company has a debt-to-equity ratio of 3.45, a quick ratio of 16.31 and a current ratio of 16.31.

GATX (NYSE:GATX) last posted its quarterly earnings results on Thursday, February 19th. The transportation company reported $2.44 EPS for the quarter, topping the consensus estimate of $2.42 by $0.02. The firm had revenue of $449.00 million for the quarter, compared to the consensus estimate of $443.67 million. GATX had a net margin of 19.15% and a return on equity of 11.05%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm posted $1.93 earnings per share. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. On average, research analysts anticipate that GATX Corporation will post 8.5 EPS for the current fiscal year.

GATX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 2nd will be paid a $0.66 dividend. This is a boost from GATX’s previous quarterly dividend of $0.61. This represents a $2.64 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, March 2nd. GATX’s payout ratio is presently 26.75%.

GATX Company Profile

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.