GXO Logistics, Inc. $GXO Stake Raised by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its holdings in shares of GXO Logistics, Inc. (NYSE:GXO) by 3,222,426.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,697,772 shares of the company’s stock after buying an additional 11,697,409 shares during the period. Northwestern Mutual Wealth Management Co. owned 10.22% of GXO Logistics worth $593,791,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GXO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of GXO Logistics by 29.7% during 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 buying an additional 9,134 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of GXO Logistics by 2.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company’s stock valued at $14,741,000 after buying an additional 8,670 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock valued at $78,000 after buying an additional 1,958 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of GXO Logistics by 2.0% during the second quarter. Hsbc Holdings PLC now owns 12,780 shares of the company’s stock valued at $622,000 after buying an additional 253 shares during the last quarter. Finally, M&T Bank Corp bought a new stake in shares of GXO Logistics during the second quarter valued at approximately $271,000. Institutional investors own 90.67% of the company’s stock.

Wall Street Analysts Forecast Growth

GXO has been the topic of a number of recent analyst reports. UBS Group lifted their price target on GXO Logistics from $63.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Citigroup boosted their target price on GXO Logistics from $66.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Susquehanna reissued a “positive” rating and set a $82.00 target price on shares of GXO Logistics in a report on Thursday, February 12th. Stifel Nicolaus set a $71.00 target price on GXO Logistics in a report on Thursday, May 7th. Finally, Wells Fargo & Company dropped their target price on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Ten investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.83.

GXO Logistics Price Performance

Shares of NYSE:GXO opened at $48.20 on Friday. GXO Logistics, Inc. has a 12 month low of $39.33 and a 12 month high of $66.85. The stock has a market cap of $5.54 billion, a price-to-earnings ratio of 42.28, a PEG ratio of 1.66 and a beta of 1.62. The stock’s 50 day moving average price is $53.78 and its 200 day moving average price is $54.90. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85.

GXO Logistics (NYSE:GXO) last announced its earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.37 by $0.13. The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.22 billion. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Equities research analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

GXO Logistics Company 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.