Dimensional Fund Advisors LP Sells 11,417 Shares of GATX Corporation $GATX

Dimensional Fund Advisors LP lowered its stake in shares of GATX Corporation (NYSE:GATX) by 0.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,470,483 shares of the transportation company’s stock after selling 11,417 shares during the period. Dimensional Fund Advisors LP’s holdings in GATX were worth $251,062,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GATX. Larson Financial Group LLC grew its position in GATX by 364.5% in the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in GATX in the fourth quarter valued at $27,000. Los Angeles Capital Management LLC purchased a new stake in GATX during the fourth quarter valued at about $27,000. Rothschild Investment LLC raised its position in GATX by 127.6% during the fourth quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 97 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in GATX during the fourth quarter worth about $33,000. 93.14% of the stock is owned by institutional investors.

GATX Stock Performance

NYSE GATX opened at $183.51 on Friday. The company has a 50-day simple moving average of $174.87 and a two-hundred day simple moving average of $180.33. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 3.41. GATX Corporation has a 12-month low of $148.20 and a 12-month high of $205.56. The firm has a market cap of $6.51 billion, a price-to-earnings ratio of 19.69 and a beta of 1.17.

GATX (NYSE:GATX) last released its quarterly earnings data on Thursday, May 7th. The transportation company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.28 by $0.07. GATX had a return on equity of 10.31% and a net margin of 17.88%.The firm had revenue of $583.70 million for the quarter, compared to the consensus estimate of $599.76 million. During the same quarter in the previous year, the business earned $2.15 earnings per share. The company’s quarterly revenue was up 38.4% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. On average, equities analysts forecast that GATX Corporation will post 9.8 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a report on Friday, July 17th. The Goldman Sachs Group reissued a “buy” rating and set a $222.00 price objective on shares of GATX in a report on Thursday, May 7th. Citigroup upped their target price on GATX from $211.00 to $214.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, Susquehanna reduced their price target on shares of GATX from $220.00 to $218.00 and set a “positive” rating on the stock in a research report on Friday, May 8th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, GATX currently has an average rating of “Buy” and an average price target of $218.00.

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.