Advisors Preferred LLC Makes New Investment in GXO Logistics, Inc. $GXO

Advisors Preferred LLC purchased a new position in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 29,543 shares of the company's stock, valued at approximately $1,535,000.

Several other institutional investors and hedge funds also recently made changes to their positions in GXO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of GXO Logistics by 29.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company's stock worth $1,568,000 after acquiring an additional 9,134 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in GXO Logistics by 2.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company's stock worth $14,741,000 after purchasing an additional 8,670 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in GXO Logistics by 4,775.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company's stock worth $78,000 after buying an additional 1,958 shares during the period. Hsbc Holdings PLC raised its holdings in GXO Logistics by 2.0% during the 2nd quarter. Hsbc Holdings PLC now owns 12,780 shares of the company's stock worth $622,000 after buying an additional 253 shares during the period. Finally, M&T Bank Corp bought a new position in GXO Logistics in the second quarter valued at approximately $271,000. Institutional investors and hedge funds own 90.67% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on GXO shares. UBS Group reduced their price target on shares of GXO Logistics from $74.00 to $64.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Morgan Stanley boosted their price objective on shares of GXO Logistics from $75.00 to $78.00 and gave the company an "overweight" rating in a research report on Monday, July 6th. Susquehanna reduced their target price on shares of GXO Logistics from $75.00 to $62.00 and set a "positive" rating for the company in a research note on Thursday, August 6th. Stifel Nicolaus lowered their target price on GXO Logistics from $71.00 to $70.00 and set a "buy" rating for the company in a report on Wednesday, July 15th. Finally, Citizens Jmp initiated coverage on GXO Logistics in a research note on Wednesday, July 15th. They issued a "market perform" rating and a $80.00 price target on the stock. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, GXO Logistics has a consensus rating of "Moderate Buy" and a consensus target price of $63.93.

GXO Logistics Price Performance

NYSE GXO opened at $45.42 on Friday. The firm's 50 day moving average is $50.22 and its 200-day moving average is $53.16. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $5.21 billion, a PE ratio of 40.20, a price-to-earnings-growth ratio of 1.44 and a beta of 1.55. GXO Logistics, Inc. has a 12-month low of $45.00 and a 12-month high of $66.85.

GXO Logistics (NYSE:GXO - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.58 by $0.01. The business had revenue of $3.44 billion during the quarter, compared to analysts' expectations of $3.46 billion. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The firm's revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. Equities research analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

GXO Logistics Profile

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.

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