Okabena Investment Services Inc. Purchases Shares of 13,114 GXO Logistics, Inc. $GXO

Okabena Investment Services Inc. purchased a new stake in GXO Logistics, Inc. (NYSE:GXO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,114 shares of the company’s stock, valued at approximately $690,000.

Several other hedge funds also recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its holdings in GXO Logistics by 14.3% in the fourth quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock valued at $86,000 after purchasing an additional 205 shares during the last quarter. Fifth Third Bancorp boosted its holdings in 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 purchasing an additional 219 shares during the last quarter. First Bank & Trust boosted its holdings in GXO Logistics by 4.0% in the fourth quarter. First Bank & Trust now owns 5,696 shares of the company’s stock valued at $300,000 after purchasing an additional 219 shares during the last quarter. UMB Bank n.a. boosted its holdings in GXO Logistics by 15.2% in the fourth quarter. UMB Bank n.a. now owns 1,674 shares of the company’s stock valued at $88,000 after purchasing an additional 221 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in GXO Logistics by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,073 shares of the company’s stock valued at $372,000 after purchasing an additional 235 shares during the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on GXO shares. Wall Street Zen raised shares of GXO Logistics from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. The Goldman Sachs Group lowered shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target on the stock. in a research report on Wednesday, March 4th. Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. Weiss Ratings lowered shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Finally, Stifel Nicolaus set a $71.00 price target on shares of GXO Logistics in a research report on Thursday, May 7th. 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.92.

GXO Logistics Stock Up 1.0%

GXO stock opened at $50.18 on Tuesday. The firm has a market cap of $5.77 billion, a PE ratio of 44.01, a P/E/G 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 firm’s fifty day moving average is $52.07 and its 200 day moving average is $54.56. GXO Logistics, Inc. has a one year low of $42.49 and a one year high of $66.85.

GXO Logistics (NYSE:GXO) last announced its earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.22 billion. During the same quarter last year, the business earned $0.29 earnings per share. The company’s revenue for the quarter 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 forecast that GXO Logistics, Inc. will post 3.06 EPS for the current year.

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.