GATX Corporation $GATX Shares Purchased by EntryPoint Capital LLC

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 lifted its holdings in shares of GATX Corporation (NYSE:GATX - Free Report) by 141.7% during the 1st quarter, according to its most recent 13F filing with the Securities and 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 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in GATX. Brooklyn Investment Group purchased a new position in GATX in the first quarter valued at about $100,000. Algert Global LLC purchased a new stake in shares of GATX in the first quarter worth about $590,000. Neuberger Berman Group LLC grew its stake in shares of GATX by 9.5% in the first quarter. Neuberger Berman Group LLC now owns 4,672 shares of the transportation company's stock valued at $725,000 after buying an additional 407 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of GATX by 24.8% during the 1st quarter. Russell Investments Group Ltd. now owns 1,538 shares of the transportation company's stock valued at $239,000 after buying an additional 306 shares during the period. Finally, Nuveen LLC purchased a new stake in shares of GATX during the 1st quarter valued at about $15,395,000. 93.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Susquehanna set a $190.00 price target on GATX and gave the stock a "positive" rating in a report on Monday, August 18th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $177.67.

GATX Stock Down 1.0%

NYSE GATX traded down $1.7150 during mid-day trading on Monday, reaching $164.7350. 29,820 shares of the company's stock traded hands, compared to its average volume of 173,471. GATX Corporation has a 1-year low of $127.69 and a 1-year high of $168.89. The company has a fifty day simple moving average of $155.48 and a 200-day simple moving average of $153.99. The company has a current ratio of 2.93, a quick ratio of 2.93 and a debt-to-equity ratio of 3.27. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 18.85 and a beta of 1.18.

GATX (NYSE:GATX - Get Free Report) last announced its earnings results on Tuesday, July 29th. The transportation company reported $2.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.95 by $0.11. The company had revenue of $430.50 million for the quarter, compared to analyst estimates 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. As a group, equities research analysts expect that GATX Corporation will post 8.5 EPS for the current year.

GATX Dividend Announcement

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

Insider Activity at GATX

In related news, EVP Paul F. Titterton sold 18,700 shares of GATX stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $156.66, for a total value of $2,929,542.00. Following the completion of the transaction, the executive vice president directly owned 10,468 shares in the company, valued at approximately $1,639,916.88. This trade represents a 64.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Kevin Hillesland sold 2,200 shares of the business's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $152.59, for a total value of $335,698.00. Following the completion of the sale, the senior vice president directly owned 7,606 shares of the company's stock, valued at approximately $1,160,599.54. This represents a 22.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 23,679 shares of company stock valued at $3,705,974 in the last 90 days. 2.17% of the stock is currently owned by insiders.

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.