WINTON GROUP Ltd increased its holdings in GXO Logistics, Inc. (NYSE:GXO – Free Report) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 247,425 shares of the company’s stock after purchasing an additional 21,288 shares during the quarter. WINTON GROUP Ltd owned 0.22% of GXO Logistics worth $13,024,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC raised its position in GXO Logistics by 1.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,319 shares of the company’s stock worth $599,000 after purchasing an additional 202 shares during the period. GAMMA Investing LLC raised its position in GXO Logistics by 14.3% in the 4th quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock worth $86,000 after purchasing an additional 205 shares during the period. Fifth Third Bancorp raised its position in GXO Logistics by 22.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after purchasing an additional 219 shares during the period. First Bank & Trust raised its position in GXO Logistics by 4.0% in the 4th quarter. First Bank & Trust now owns 5,696 shares of the company’s stock worth $300,000 after purchasing an additional 219 shares during the period. Finally, CWM LLC raised its position in GXO Logistics by 11.4% in the 4th quarter. CWM LLC now owns 2,350 shares of the company’s stock worth $124,000 after purchasing an additional 240 shares during the period. Hedge funds and other institutional investors own 90.67% of the company’s stock.
GXO Logistics Price Performance
GXO stock opened at $48.68 on Friday. The firm’s 50-day moving average price is $52.31 and its two-hundred day moving average price is $54.44. GXO Logistics, Inc. has a 12-month low of $42.09 and a 12-month high of $66.85. The stock has a market capitalization of $5.60 billion, a price-to-earnings ratio of 42.71, a PEG ratio of 1.65 and a beta of 1.56. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on GXO shares. Oppenheimer restated an “outperform” rating and issued a $70.00 price objective on shares of GXO Logistics in a research report on Thursday, February 12th. Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. Truist Financial boosted their price objective on shares of GXO Logistics from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. UBS Group boosted their price objective on shares of GXO Logistics from $63.00 to $74.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Finally, Morgan Stanley restated an “overweight” rating and issued a $75.00 price objective on shares of GXO Logistics in a research report on Tuesday, February 17th. Eleven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $69.92.
Check Out Our Latest Stock Analysis on GXO
About GXO Logistics
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.
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