19,800 Shares in GXO Logistics, Inc. $GXO Purchased by South Dakota Investment Council

South Dakota Investment Council purchased a new position in GXO Logistics, Inc. (NYSE:GXO) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,800 shares of the company’s stock, valued at approximately $1,027,000.

Other large investors also recently added to or reduced their stakes in the company. Comerica Bank boosted its stake in GXO Logistics by 76.2% during the fourth quarter. Comerica Bank now owns 122,446 shares of the company’s stock valued at $6,446,000 after buying an additional 52,950 shares during the last quarter. Maxi Investments CY Ltd bought a new stake in GXO Logistics in the 4th quarter worth approximately $1,748,000. Dimensional Fund Advisors LP increased its stake in GXO Logistics by 8.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock worth $252,318,000 after acquiring an additional 371,391 shares during the last quarter. UBS Group AG raised its holdings in shares of GXO Logistics by 25.8% during the 4th quarter. UBS Group AG now owns 1,018,649 shares of the company’s stock worth $53,622,000 after acquiring an additional 208,748 shares in the last quarter. Finally, M&T Bank Corp raised its holdings in shares of GXO Logistics by 7,226.9% during the 4th quarter. M&T Bank Corp now owns 311,320 shares of the company’s stock worth $16,388,000 after acquiring an additional 307,071 shares in the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Stock Performance

GXO Logistics stock opened at $50.22 on Friday. 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 firm has a market capitalization of $5.78 billion, a P/E ratio of 44.05, a price-to-earnings-growth ratio of 1.67 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 company’s 50-day moving average is $50.62 and its 200 day moving average is $54.09.

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 return on equity of 10.55% and a net margin of 0.98%.The business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.22 billion. During the same quarter in the previous 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. Research analysts forecast that GXO Logistics, Inc. will post 3.07 EPS for the current year.

Wall Street Analysts Forecast Growth

GXO has been the topic of a number of recent research reports. Stifel Nicolaus decreased their price target on shares of GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Citigroup assumed coverage on shares of GXO Logistics in a research note on Wednesday, July 15th. They issued a “market outperform” rating for the company. Wall Street Zen cut GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Weiss Ratings upgraded GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Finally, Wells Fargo & Company began coverage on GXO Logistics in a research note on Tuesday. They issued an “overweight” rating and a $18.00 price objective for the company. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.71.

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.