GXO Logistics, Inc. $GXO Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp grew its holdings in shares of GXO Logistics, Inc. (NYSE:GXO) by 9,900.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,608 shares of the company’s stock after buying an additional 125,342 shares during the quarter. Fifth Third Bancorp’s holdings in GXO Logistics were worth $6,565,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GXO. Allworth Financial LP increased its stake in shares of GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after buying an additional 329 shares during the last quarter. Chapman Financial Group LLC acquired a new stake in GXO Logistics in the second quarter valued at $34,000. Farther Finance Advisors LLC boosted its stake in GXO Logistics by 85.1% during the 4th 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 during the last quarter. Danske Bank A S bought a new position in GXO Logistics during the 3rd quarter valued at $79,000. Finally, CIBC Private Wealth Group LLC grew its holdings in GXO Logistics by 201.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company’s stock worth $86,000 after acquiring an additional 1,083 shares in the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Stock Up 4.2%

GXO stock opened at $54.47 on Friday. The firm has a market cap of $6.27 billion, a price-to-earnings ratio of 47.78, a PEG ratio of 1.73 and a beta of 1.55. GXO Logistics, Inc. has a 1-year low of $45.40 and a 1-year high of $66.85. The firm has a fifty day moving average price of $49.75 and a two-hundred day moving average price of $54.23. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same period last year, the firm posted $0.29 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Research analysts predict that GXO Logistics, Inc. will post 3.07 EPS for the current year.

GXO Logistics News Summary

Here are the key news stories impacting GXO Logistics this week:

• Positive Sentiment: Zacks highlighted GXO’s recent share surge and noted that higher-than-average volume plus improving earnings estimate revisions may point to additional near-term upside. GXO Logistics (GXO) Surges 5.3%: Is This an Indication of Further Gains?
• Positive Sentiment: Citizens JMP initiated coverage on GXO Logistics with a “market perform” rating and an $80 price target, which still implies notable upside from current levels.
• Positive Sentiment: GXO announced it will host a 2026 Investor Day on November 16, giving management a venue to update investors on strategy, growth plans, and financial outlook. GXO To Host 2026 Investor Day
• Neutral Sentiment: Stifel trimmed its price target slightly to $70 from $71, but kept a “buy” rating, suggesting the firm still sees meaningful upside.
• Neutral Sentiment: Truist also lowered its target to $55 from $70 while maintaining a “buy” rating, indicating more cautious near-term expectations rather than a bearish stance.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on GXO. Wall Street Zen downgraded shares of GXO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Weiss Ratings downgraded GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Truist Financial lowered their price objective on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday. Morgan Stanley upped their price objective on GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Wells Fargo & Company reduced their target price on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $70.07.

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.