EntryPoint Capital LLC Purchases 2,315 Shares of GATX Corporation $GATX

Key Points

• EntryPoint Capital LLC increased its stake in GATX Corporation by 141.7% in the first quarter, acquiring a total of 3,949 shares valued at $613,000.
• GATX reported $2.06 earnings per share (EPS) for the latest quarter, surpassing analysts' estimates, and set its FY 2025 guidance at 8.500-8.900 EPS.
• The company announced a quarterly dividend of $0.61 per share, with a dividend yield of 1.5%, to be paid on September 30th.

EntryPoint Capital LLC raised its position in GATX Corporation (NYSE:GATX - Free Report) by 141.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,949 shares of the transportation company's stock after acquiring an additional 2,315 shares during the quarter. EntryPoint Capital LLC's holdings in GATX were worth $613,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. CWM LLC boosted its holdings in GATX by 12.7% in the first quarter. CWM LLC now owns 621 shares of the transportation company's stock worth $96,000 after purchasing an additional 70 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of GATX by 2.3% during the first quarter. State of Alaska Department of Revenue now owns 4,154 shares of the transportation company's stock valued at $644,000 after acquiring an additional 95 shares during the period. State of Michigan Retirement System boosted its holdings in shares of GATX by 1.2% during the first quarter. State of Michigan Retirement System now owns 8,512 shares of the transportation company's stock valued at $1,322,000 after acquiring an additional 100 shares during the period. Louisiana State Employees Retirement System raised its stake in shares of GATX by 1.0% during the first quarter. Louisiana State Employees Retirement System now owns 10,000 shares of the transportation company's stock valued at $1,553,000 after purchasing an additional 100 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its stake in shares of GATX by 6.6% during the first quarter. Rehmann Capital Advisory Group now owns 1,753 shares of the transportation company's stock valued at $272,000 after purchasing an additional 109 shares in the last quarter. Institutional investors and hedge funds own 93.14% of the company's stock.

GATX Trading Up 3.8%

NYSE GATX traded up $6.0190 on Friday, hitting $166.1990. 196,655 shares of the company were exchanged, compared to its average volume of 170,335. The company's 50 day moving average price is $155.48 and its 200-day moving average price is $154.15. The company has a debt-to-equity ratio of 3.27, a current ratio of 2.93 and a quick ratio of 2.93. The firm has a market capitalization of $5.92 billion, a P/E ratio of 19.02 and a beta of 1.18. GATX Corporation has a twelve month low of $127.69 and a twelve month high of $168.89.

GATX (NYSE:GATX - Get Free Report) last released its earnings results on Tuesday, July 29th. The transportation company reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.11. The company had revenue of $430.50 million for the quarter, compared to analysts' expectations of $425.52 million. GATX had a return on equity of 12.52% and a net margin of 19.13%. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. Analysts predict that GATX Corporation will post 8.5 earnings per share for the current fiscal year.

GATX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, September 15th. GATX's dividend payout ratio is presently 27.92%.

Wall Street Analysts Forecast Growth

Separately, Susquehanna set a $190.00 price target on shares of GATX and gave the stock a "positive" rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $177.67.

Insider Transactions at GATX

In related news, SVP Kevin Hillesland sold 2,200 shares of the company's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $152.59, for a total value of $335,698.00. Following the completion of the transaction, the senior vice president directly owned 7,606 shares in the company, valued at approximately $1,160,599.54. This represents a 22.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Jennifer Mcmanus sold 1,800 shares of the stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $154.92, for a total value of $278,856.00. Following the transaction, the vice president owned 3,468 shares of the company's stock, valued at $537,262.56. This represents a 34.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,679 shares of company stock valued at $3,705,974. Company insiders own 2.17% of the company's stock.

About GATX

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.