Sanctuary Advisors LLC Invests $1.30 Million in GATX Corporation $GATX

Sanctuary Advisors LLC purchased a new position in GATX Corporation (NYSE:GATX) in the second quarter, Holdings Channel reports. The fund purchased 7,331 shares of the transportation company’s stock, valued at approximately $1,299,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Investment Management Company LLC raised its stake in GATX by 0.7% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 7,988 shares of the transportation company’s stock valued at $1,355,000 after buying an additional 53 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of GATX by 0.8% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 6,310 shares of the transportation company’s stock worth $1,070,000 after acquiring an additional 53 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of GATX by 8.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 702 shares of the transportation company’s stock valued at $119,000 after acquiring an additional 55 shares during the last quarter. Assetmark Inc. increased its holdings in shares of GATX by 50.8% in the 1st quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 66 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in shares of GATX by 26.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 315 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 66 shares in the last quarter. 93.14% of the stock is owned by institutional investors.

Insider Activity

In other GATX news, CFO Thomas A. Ellman sold 18,200 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $180.08, for a total transaction of $3,277,456.00. Following the transaction, the chief financial officer owned 34,361 shares of the company’s stock, valued at approximately $6,187,728.88. This trade represents a 34.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Eren Doygun sold 1,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $179.52, for a total transaction of $179,520.00. Following the sale, the senior vice president owned 5,323 shares in the company, valued at $955,584.96. This trade represents a 15.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.86% of the company’s stock.

GATX Stock Up 0.0%

GATX opened at $178.53 on Friday. GATX Corporation has a 12 month low of $150.42 and a 12 month high of $205.56. The company has a debt-to-equity ratio of 3.44, a current ratio of 3.90 and a quick ratio of 3.90. The stock has a market cap of $6.30 billion, a P/E ratio of 17.68 and a beta of 1.17. The stock’s 50 day moving average price is $178.77 and its 200 day moving average price is $180.17.

GATX (NYSE:GATX) last announced its quarterly earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.38. GATX had a return on equity of 10.43% and a net margin of 17.94%.The company had revenue of $580.10 million during the quarter, compared to analyst estimates of $598.77 million. During the same quarter in the previous year, the firm posted $2.06 EPS. The firm’s quarterly revenue was up 34.8% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. As a group, research analysts predict that GATX Corporation will post 10.1 earnings per share for the current year.

GATX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.64 annualized dividend and a yield of 1.5%. GATX’s dividend payout ratio is presently 26.14%.

Analysts Set New Price Targets

GATX has been the topic of several research analyst reports. Citigroup raised their price objective on GATX from $214.00 to $215.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and set a $222.00 target price on shares of GATX in a research note on Thursday, May 7th. Weiss Ratings cut shares of GATX from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Finally, Susquehanna raised their price target on shares of GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $219.00.

GATX 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.