GXO Logistics, Inc. $GXO Stock: Motley Fool Asset Management LLC Lowers Position

Key Points

• Motley Fool Asset Management cut its GXO Logistics stake by 38.1% in the third quarter, selling 60,497 shares and retaining 98,470 shares worth approximately $4.38 million.
• GXO shares opened at $49.33, with the stock trading below its 52-week high of $66.85. The company recently reported quarterly EPS of $0.59, slightly above estimates, while revenue rose 4.3% year over year to $3.44 billion.
• Wall Street remains broadly bullish: 13 analysts rate GXO a Buy and two rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $63.29.

Motley Fool Asset Management LLC lessened its stake in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) by 38.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 98,470 shares of the company's stock after selling 60,497 shares during the period. Motley Fool Asset Management LLC owned 0.09% of GXO Logistics worth $4,377,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Trust Co. of Vermont bought a new position in shares of GXO Logistics in the second quarter worth about $37,000. Integrated Wealth Concepts LLC bought a new position in shares of GXO Logistics during the 2nd quarter valued at approximately $48,000. Nykredit A S purchased a new stake in GXO Logistics in the 2nd quarter worth approximately $73,000. GAMMA Investing LLC increased its holdings in GXO Logistics by 14.3% in the 3rd quarter. GAMMA Investing LLC now owns 1,841 shares of the company's stock worth $82,000 after acquiring an additional 231 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in GXO Logistics in the 1st quarter worth approximately $104,000. Hedge funds and other institutional investors own 90.67% of the company's stock.

GXO Logistics Price Performance

Shares of GXO Logistics stock opened at $49.33 on Thursday. The stock's 50-day simple moving average is $46.69 and its 200-day simple moving average is $51.90. GXO Logistics, Inc. has a 52 week low of $43.61 and a 52 week high of $66.85. The company has a market capitalization of $5.66 billion, a price-to-earnings ratio of 43.66, a PEG ratio of 1.51 and a beta of 1.57. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.81.

GXO Logistics (NYSE:GXO - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.01. The firm had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.46 billion. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%. The business's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.57 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, analysts expect that GXO Logistics, Inc. will post 3.05 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on GXO shares. Weiss Ratings upgraded shares of GXO Logistics from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, October 16th. Stifel Nicolaus dropped their price target on shares of GXO Logistics from $71.00 to $70.00 and set a "buy" rating for the company in a research report on Wednesday, July 15th. Morgan Stanley upped their price target on shares of GXO Logistics from $75.00 to $78.00 and gave the stock an "overweight" rating in a research report on Monday, July 6th. Citigroup started coverage on shares of GXO Logistics in a research note on Wednesday, July 15th. They issued a "market outperform" rating for the company. Finally, Truist Financial decreased their price objective on shares of GXO Logistics from $70.00 to $55.00 and set a "buy" rating on the stock in a research report on Wednesday, July 15th. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, GXO Logistics presently has an average rating of "Moderate Buy" and a consensus price target of $63.29.

About GXO Logistics

GXO Logistics, Inc NYSE: GXO is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO's logistics segment and began operating as an independent public company in 2021.

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