Comerica Bank Trims Stock Holdings in XPO, Inc. $XPO

Key Points

• 84.7% — Comerica Bank cut its stake in XPO in Q4 by 84.7%, selling 187,672 shares and retaining 33,982 shares valued at about $4.62 million.
• Beat estimates: XPO reported Q1 adjusted EPS of $1.01 versus $0.89 expected and revenue of $2.10B (consensus $2.04B), with revenue up ~7.3% YoY and management highlighting margin progress and AI-driven productivity gains.
• Heavy institutional ownership: 97.73% of XPO is held by hedge funds/institutions, and analysts carry a consensus "Moderate Buy" with a $210.86 target amid several recent price-target increases and upgrades.

Comerica Bank reduced its stake in XPO, Inc. (NYSE:XPO - Free Report) by 84.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,982 shares of the transportation company's stock after selling 187,672 shares during the period. Comerica Bank's holdings in XPO were worth $4,619,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital World Investors grew its position in XPO by 7.3% in the 3rd quarter. Capital World Investors now owns 10,860,803 shares of the transportation company's stock valued at $1,403,973,000 after acquiring an additional 735,450 shares in the last quarter. Invesco Ltd. increased its stake in XPO by 19.8% during the third quarter. Invesco Ltd. now owns 6,267,881 shares of the transportation company's stock worth $810,249,000 after purchasing an additional 1,036,434 shares during the period. Durable Capital Partners LP increased its stake in XPO by 20.5% during the third quarter. Durable Capital Partners LP now owns 4,331,280 shares of the transportation company's stock worth $559,905,000 after purchasing an additional 736,224 shares during the period. Orbis Allan Gray Ltd increased its stake in XPO by 16.8% during the second quarter. Orbis Allan Gray Ltd now owns 3,150,052 shares of the transportation company's stock worth $397,820,000 after purchasing an additional 452,891 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in XPO by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,178,896 shares of the transportation company's stock worth $152,375,000 after purchasing an additional 5,815 shares during the period. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on XPO shares. Wolfe Research lowered shares of XPO from an "outperform" rating to a "peer perform" rating in a research note on Thursday, January 8th. Zacks Research upgraded shares of XPO from a "strong sell" rating to a "hold" rating in a research note on Thursday, February 12th. BMO Capital Markets set a $230.00 price target on shares of XPO in a research note on Thursday, February 19th. Evercore set a $222.00 price target on shares of XPO in a research note on Friday. Finally, JPMorgan Chase & Co. boosted their price target on shares of XPO from $189.00 to $201.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, XPO presently has an average rating of "Moderate Buy" and a consensus target price of $210.86.

XPO News Roundup

Here are the key news stories impacting XPO this week:

• Positive Sentiment: Q1 results topped estimates — XPO reported adjusted EPS of $1.01 and revenue of $2.10B, both ahead of consensus, with revenue up ~7.3% year-over-year; the beat supports the company's growth narrative and margin progress. XPO Reports First Quarter 2026 Results
• Positive Sentiment: Earnings-detail coverage highlights stronger margins and operational momentum (AI-driven productivity, pricing power, capacity investments) that management emphasized on the call — factors analysts cite to lift estimates. XPO forecasts 23% to 24% adjusted effective tax rate for 2026...
• Positive Sentiment: Analyst upgrades/price-target raises — Benchmark, Wells Fargo and TD Cowen raised targets and kept buy/overweight stances, providing additional bullish support and signaling analyst confidence in upside from current levels. Benzinga The Fly TickerReport
• Neutral Sentiment: Full earnings call transcript, slide deck and summaries are posted — useful for digging into margin bridge, pricing cadence and LTL operating-ratio targets if you need to model forward results. XPO Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Macro/market context: broader economic commentary (e.g., jobless claims) featured in coverage with XPO noted alongside peers — gives context but not direct company-specific news. XPO and Amgen post strong Q1 as jobless claims hit lows

XPO Stock Performance

Shares of XPO opened at $215.14 on Friday. The stock has a 50 day moving average price of $204.05 and a 200 day moving average price of $167.28. The company has a quick ratio of 1.05, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $25.26 billion, a price-to-earnings ratio of 81.19, a price-to-earnings-growth ratio of 2.88 and a beta of 1.88. XPO, Inc. has a 52-week low of $105.90 and a 52-week high of $231.46.

XPO (NYSE:XPO - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.12. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. XPO had a return on equity of 26.21% and a net margin of 4.19%.The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 earnings per share. Research analysts predict that XPO, Inc. will post 4.49 EPS for the current fiscal year.

About XPO

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company's operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.

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