Sei Investments Co. Cuts Stock Holdings in GATX Corporation $GATX

Sei Investments Co. reduced its stake in shares of GATX Corporation (NYSE:GATX) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 764,042 shares of the transportation company’s stock after selling 5,294 shares during the quarter. Sei Investments Co. owned 2.15% of GATX worth $130,453,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. State of Wyoming lifted its stake in shares of GATX by 63.8% in the 1st quarter. State of Wyoming now owns 1,063 shares of the transportation company’s stock valued at $181,000 after acquiring an additional 414 shares during the last quarter. Cetera Investment Advisers grew its position in GATX by 12.7% during the 1st quarter. Cetera Investment Advisers now owns 9,209 shares of the transportation company’s stock worth $1,572,000 after acquiring an additional 1,038 shares during the last quarter. First Trust Advisors LP lifted its position in GATX by 117.7% in the first quarter. First Trust Advisors LP now owns 69,234 shares of the transportation company’s stock valued at $11,821,000 after purchasing an additional 37,438 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of GATX by 5.6% during the first quarter. PNC Financial Services Group Inc. now owns 5,951 shares of the transportation company’s stock valued at $1,016,000 after purchasing an additional 313 shares during the period. Finally, Swiss National Bank boosted its stake in shares of GATX by 0.6% during the first quarter. Swiss National Bank now owns 67,100 shares of the transportation company’s stock valued at $11,457,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 93.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on GATX shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $222.00 target price on shares of GATX in a research note on Thursday, May 7th. Susquehanna dropped their price target on shares of GATX from $220.00 to $218.00 and set a “positive” rating for the company in a research report on Friday, May 8th. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a report on Friday, July 17th. Finally, Citigroup boosted their price objective on shares of GATX from $211.00 to $214.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, GATX presently has an average rating of “Buy” and a consensus price target of $218.00.

GATX Stock Performance

Shares of GATX stock opened at $183.51 on Friday. The company’s fifty day moving average price is $174.87 and its 200-day moving average price is $180.33. The stock has a market cap of $6.51 billion, a PE ratio of 19.69 and a beta of 1.17. The company has a current ratio of 3.91, a quick 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.

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

GATX Company 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.