Deutsche Bank AG Buys Shares of 37,564 GATX Corporation $GATX

Key Points

• Deutsche Bank acquired 37,564 GATX shares worth approximately $6.7 million in the second quarter, while institutional investors collectively owned 93.14% of the company.
• GATX reported quarterly EPS of $2.84, exceeding estimates of $2.46, while revenue rose 34.8% year over year to $580.1 million. The company guided for fiscal 2026 EPS of $9.90–$10.30.
• GATX declared a quarterly dividend of $0.66 per share, equivalent to a 1.5% annualized yield. Analysts maintain a consensus “Buy” rating with an average price target of $219, compared with the stock’s reported price of $178.49.

Deutsche Bank AG purchased a new position in GATX Corporation (NYSE:GATX - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 37,564 shares of the transportation company's stock, valued at approximately $6,656,000. Deutsche Bank AG owned about 0.11% of GATX at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rice Hall James & Associates LLC bought a new stake in shares of GATX in the second quarter worth approximately $4,026,000. Bank of New York Mellon Corp bought a new position in GATX in the second quarter worth approximately $51,178,000. GSA Capital Partners LLP bought a new position in GATX in the 2nd quarter worth $289,000. Oppenheimer Asset Management Inc. purchased a new position in shares of GATX during the 2nd quarter valued at about $6,211,000. Finally, Walleye Capital LLC purchased a new position in GATX during the second quarter valued at approximately $21,691,000. 93.14% of the stock is owned by institutional investors.

GATX Price Performance

GATX stock opened at $178.49 on Tuesday. GATX Corporation has a 52 week low of $150.42 and a 52 week high of $205.56. The firm has a market capitalization of $6.30 billion, a P/E ratio of 17.67 and a beta of 1.17. The company has a fifty day simple moving average of $178.61 and a two-hundred day simple moving average of $180.36. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 3.44.

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

GATX Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GATX. 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 target price on shares of GATX from $218.00 to $220.00 and gave the stock a "positive" rating in a report on Friday, July 31st. The Goldman Sachs Group reiterated a "buy" rating and issued a $222.00 price target on shares of GATX in a research note on Thursday, May 7th. Finally, Citigroup raised their price target on GATX from $214.00 to $215.00 and gave the company a "buy" rating in a report on Monday, August 3rd. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, GATX presently has an average rating of "Buy" and an average target price of $219.00.

Insider Activity 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 transaction 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.86% of the company's stock.

About GATX

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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