4,645,044 Shares in GATX Corporation $GATX Bought by BlackRock Inc.

Key Points

• BlackRock acquired 4.65 million GATX shares worth approximately $823.1 million, giving it a 13.16% stake. Institutional investors collectively own 93.14% of the company.
• GATX beat quarterly earnings expectations, reporting $2.84 in EPS versus the $2.46 consensus estimate, while revenue rose 34.8% year over year to $580.1 million. The company maintained fiscal 2026 EPS guidance of $9.90–$10.30.
• GATX declared a quarterly dividend of $0.66 per share, equal to $2.64 annually and a 1.5% yield. Analysts maintain a consensus “Buy” rating with an average price target of $219, above the reported share price of $176.83.

BlackRock Inc. acquired a new stake in GATX Corporation (NYSE:GATX - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,645,044 shares of the transportation company's stock, valued at approximately $823,055,000. BlackRock Inc. owned 13.16% of GATX as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of the company. Larson Financial Group LLC boosted its position in GATX by 364.5% in the 3rd quarter. Larson Financial Group LLC now owns 144 shares of the transportation company's stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in GATX during the fourth quarter worth $27,000. Los Angeles Capital Management LLC acquired a new stake in GATX during the fourth quarter valued at $27,000. Rothschild Investment LLC raised its holdings in GATX by 127.6% in the 4th quarter. Rothschild Investment LLC now owns 173 shares of the transportation company's stock worth $29,000 after purchasing an additional 97 shares during the period. Finally, Assetmark Inc. raised its holdings in GATX by 50.8% in the 1st quarter. Assetmark Inc. now owns 196 shares of the transportation company's stock worth $33,000 after purchasing an additional 66 shares during the period. 93.14% of the stock is currently owned by hedge funds and other institutional investors.

GATX Stock Performance

Shares of GATX opened at $176.83 on Friday. GATX Corporation has a 1 year low of $150.42 and a 1 year high of $205.56. The stock has a market capitalization of $6.24 billion, a PE ratio of 17.51 and a beta of 1.17. The company has a debt-to-equity ratio of 3.44, a quick ratio of 3.90 and a current ratio of 3.90. The stock has a 50-day simple moving average of $178.55 and a 200-day simple moving average of $180.41.

GATX (NYSE:GATX - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating analysts' consensus estimates of $2.46 by $0.38. The company had revenue of $580.10 million for the quarter, compared to analysts' expectations of $598.77 million. GATX had a return on equity of 10.43% and a net margin of 17.94%.GATX's quarterly revenue was up 34.8% on a year-over-year basis. During the same period last year, the firm earned $2.06 earnings per share. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. On average, analysts predict that GATX Corporation will post 10.1 earnings per share for the current fiscal year.

GATX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.66 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. GATX's payout ratio is currently 26.14%.

Insider Transactions at GATX

In other news, CFO Thomas A. Ellman sold 18,200 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $180.08, for a total value of $3,277,456.00. Following the transaction, the chief financial officer owned 34,361 shares of the company's stock, valued at approximately $6,187,728.88. The trade was a 34.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.86% of the stock is owned by company insiders.

Analysts Set New Price Targets

GATX has been the topic of several recent analyst reports. The Goldman Sachs Group reaffirmed a "buy" rating and set a $222.00 price objective on shares of GATX in a report on Thursday, May 7th. Weiss Ratings cut shares of GATX from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, August 12th. Susquehanna upped their price target on shares of GATX from $218.00 to $220.00 and gave the stock a "positive" rating in a research report on Friday, July 31st. Finally, Citigroup boosted their price objective on GATX from $214.00 to $215.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $219.00.

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.

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