Focus Partners Wealth purchased a new position in shares of GXO Logistics, Inc. (NYSE:GXO – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,450,768 shares of the company’s stock, valued at approximately $181,648,000. Focus Partners Wealth owned approximately 3.01% of GXO Logistics at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. Allworth Financial LP lifted its position in shares of GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after acquiring an additional 329 shares in the last quarter. Accredited Wealth Management LLC lifted its position in shares of GXO Logistics by 1,100.0% in the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after acquiring an additional 550 shares in the last quarter. Chapman Financial Group LLC purchased a new position in shares of GXO Logistics in the second quarter valued at approximately $34,000. Fifth Third Bancorp lifted its position in shares of GXO Logistics by 22.0% in the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock valued at $64,000 after acquiring an additional 219 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of GXO Logistics by 85.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock valued at $75,000 after acquiring an additional 653 shares in the last quarter. Hedge funds and other institutional investors own 90.67% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on GXO shares. Wells Fargo & Company decreased their target price on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Morgan Stanley restated an “overweight” rating and issued a $75.00 target price on shares of GXO Logistics in a research report on Tuesday, February 17th. Barclays upgraded GXO Logistics from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. Wall Street Zen upgraded GXO Logistics from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Finally, Stifel Nicolaus set a $71.00 target price on GXO Logistics in a research report on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $69.92.
GXO Logistics Stock Performance
Shares of GXO Logistics stock opened at $49.61 on Friday. GXO Logistics, Inc. has a one year low of $42.49 and a one year high of $66.85. The company has a market cap of $5.71 billion, a price-to-earnings ratio of 43.52, a PEG ratio of 1.65 and a beta of 1.56. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.85 and a current ratio of 0.85. The business’s 50 day moving average price is $52.13 and its 200 day moving average price is $54.51.
GXO Logistics (NYSE:GXO – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same quarter last year, the business posted $0.29 earnings per share. The firm’s revenue was up 10.8% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, research analysts predict that GXO Logistics, Inc. will post 3.06 EPS for the current year.
GXO Logistics 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.
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