GATX Corporation $GATX Shares Sold by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments cut its stake in GATX by 35.8% in Q4, selling 16,030 shares and leaving 28,778 shares valued at about $4.92 million (≈0.08% of the company).
• GATX beat Q4 expectations with EPS of $2.44 (vs. $2.42 est.) and revenue of $449 million, and set FY2026 guidance of 9.500–10.100 EPS versus analysts' average forecast of 8.5 EPS.
• The company raised its quarterly dividend to $0.66 ($2.64 annualized, 1.5% yield, 28.95% payout ratio), while insiders have sold 9,795 shares worth about $1.91 million over the last 90 days.

Allspring Global Investments Holdings LLC lessened its holdings in GATX Corporation (NYSE:GATX - Free Report) by 35.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,778 shares of the transportation company's stock after selling 16,030 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.08% of GATX worth $4,916,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in GATX. Alliancebernstein L.P. boosted its holdings in GATX by 681.7% in the third quarter. Alliancebernstein L.P. now owns 574,333 shares of the transportation company's stock worth $100,393,000 after purchasing an additional 500,857 shares during the period. Squarepoint Ops LLC boosted its holdings in GATX by 429.5% in the second quarter. Squarepoint Ops LLC now owns 187,835 shares of the transportation company's stock worth $28,844,000 after purchasing an additional 152,361 shares during the period. Encompass Capital Advisors LLC acquired a new position in GATX in the second quarter worth $23,025,000. Steadfast Capital Management LP acquired a new position in GATX in the third quarter worth $24,489,000. Finally, Marshall Wace LLP lifted its stake in GATX by 205.4% in the second quarter. Marshall Wace LLP now owns 128,192 shares of the transportation company's stock valued at $19,685,000 after buying an additional 86,215 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company's stock.

GATX Stock Performance

GATX stock opened at $172.81 on Tuesday. The company has a debt-to-equity ratio of 3.45, a quick ratio of 16.31 and a current ratio of 16.31. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 18.95 and a beta of 1.22. GATX Corporation has a 1 year low of $139.44 and a 1 year high of $199.00. The stock's fifty day moving average is $180.17 and its two-hundred day moving average is $172.46.

GATX (NYSE:GATX - Get Free Report) last posted its earnings results on Thursday, February 19th. The transportation company reported $2.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.42 by $0.02. The company had revenue of $449.00 million for the quarter, compared to analysts' expectations of $443.67 million. GATX had a return on equity of 11.05% and a net margin of 19.15%.The firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business posted $1.93 earnings per share. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. On average, research analysts predict that GATX Corporation will post 8.5 EPS for the current year.

GATX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 2nd were issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. This is a positive change from GATX's previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Monday, March 2nd. GATX's dividend payout ratio is 28.95%.

Insider Activity

In other news, VP Robert Zmudka sold 5,200 shares of the firm's stock in a transaction on Friday, February 20th. The stock was sold at an average price of $192.61, for a total transaction of $1,001,572.00. Following the transaction, the vice president directly owned 7,493 shares of the company's stock, valued at approximately $1,443,226.73. This trade represents a 40.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffery R. Young sold 2,595 shares of the firm's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $196.29, for a total value of $509,372.55. Following the transaction, the senior vice president directly owned 7,700 shares in the company, valued at $1,511,433. This trade represents a 25.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 9,795 shares of company stock valued at $1,907,525. Company insiders own 1.86% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Weiss Ratings reiterated a "buy (b)" rating on shares of GATX in a research note on Thursday, January 22nd. Susquehanna raised their target price on GATX from $212.00 to $220.00 and gave the company a "positive" rating in a research note on Friday, February 20th. Citigroup cut GATX from a "buy" rating to a "neutral" rating and raised their target price for the company from $197.00 to $210.00 in a research note on Tuesday, February 24th. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $204.00 target price on shares of GATX in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, GATX has a consensus rating of "Moderate Buy" and an average price target of $211.33.

GATX Profile

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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