Resources Management Corp CT ADV Grows Position in GXO Logistics, Inc. $GXO

Resources Management Corp CT ADV boosted its stake in GXO Logistics, Inc. (NYSE:GXO) by 110.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,749 shares of the company’s stock after buying an additional 10,376 shares during the quarter. Resources Management Corp CT ADV’s holdings in GXO Logistics were worth $1,040,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP raised its position in GXO Logistics by 175.0% in the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the last quarter. Accredited Wealth Management LLC raised its position in GXO Logistics by 1,100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after buying an additional 550 shares during the last quarter. Chapman Financial Group LLC purchased a new stake in GXO Logistics in the 2nd quarter valued at $34,000. 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 valued at $64,000 after buying an additional 219 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in GXO Logistics by 85.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock valued at $75,000 after buying an additional 653 shares during the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Stock Down 0.2%

Shares of NYSE:GXO opened at $49.61 on Monday. The company has a market capitalization of $5.71 billion, a PE ratio of 43.52, a price-to-earnings-growth ratio of 1.65 and a beta of 1.56. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The business has a fifty day moving average price of $52.13 and a two-hundred day moving average price of $54.56. GXO Logistics, Inc. has a 1 year low of $42.49 and a 1 year high of $66.85.

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wall Street Zen raised GXO Logistics from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Barclays upgraded GXO Logistics from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Morgan Stanley restated an “overweight” rating and issued a $75.00 price objective on shares of GXO Logistics in a research note on Tuesday, February 17th. Weiss Ratings downgraded GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Finally, Stifel Nicolaus set a $71.00 price objective on GXO Logistics in a research note on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, GXO Logistics currently has an average rating of “Moderate Buy” and a consensus price target of $69.92.

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.