Oliver Luxxe Assets LLC Sells 5,654 Shares of GATX Corporation $GATX

Key Points

• Oliver Luxxe Assets LLC cut its GATX stake by 36.9% in the second quarter, selling 5,654 shares and retaining 9,684 shares valued at approximately $1.716 million. Institutional investors collectively own 93.14% of the company.
• GATX reported quarterly EPS of $2.84, beating estimates of $2.46, while revenue rose 34.8% year over year to $580.1 million. The company reaffirmed fiscal 2026 EPS guidance of $9.90–$10.30.
• Analysts maintain a favorable outlook, with an average “Buy” rating and a $219 price target versus the stock’s $177.76 opening price. GATX also declared a quarterly dividend of $0.66 per share, representing a 1.5% yield.

Oliver Luxxe Assets LLC lessened its holdings in GATX Corporation (NYSE:GATX - Free Report) by 36.9% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,684 shares of the transportation company's stock after selling 5,654 shares during the period. Oliver Luxxe Assets LLC's holdings in GATX were worth $1,716,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. AQR Capital Management LLC increased its position in shares of GATX by 21.3% during the first quarter. AQR Capital Management LLC now owns 7,716 shares of the transportation company's stock valued at $1,198,000 after acquiring an additional 1,357 shares during the last quarter. Millennium Management LLC boosted its position in GATX by 54.9% in the first quarter. Millennium Management LLC now owns 58,011 shares of the transportation company's stock worth $9,007,000 after purchasing an additional 20,569 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in GATX by 1.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,834 shares of the transportation company's stock valued at $18,141,000 after purchasing an additional 1,968 shares during the period. Jane Street Group LLC grew its stake in GATX by 280.6% in the 1st quarter. Jane Street Group LLC now owns 53,690 shares of the transportation company's stock valued at $8,336,000 after purchasing an additional 39,582 shares during the period. Finally, Invesco Ltd. increased its position in shares of GATX by 104.7% during the 2nd quarter. Invesco Ltd. now owns 113,613 shares of the transportation company's stock valued at $17,446,000 after purchasing an additional 58,100 shares during the last quarter. 93.14% of the stock is owned by institutional investors.

Insider Buying and Selling

In other GATX news, CFO Thomas A. Ellman sold 18,200 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $180.08, for a total transaction of $3,277,456.00. Following the sale, the chief financial officer directly owned 34,361 shares of the company's stock, valued at $6,187,728.88. This represents a 34.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.86% of the stock is currently owned by company insiders.

GATX Stock Performance

NYSE:GATX opened at $177.76 on Monday. The company has a debt-to-equity ratio of 3.44, a current ratio of 3.90 and a quick ratio of 3.90. The business has a fifty day simple moving average of $177.14 and a two-hundred day simple moving average of $180.72. GATX Corporation has a 1 year low of $150.42 and a 1 year high of $205.56. The company has a market capitalization of $6.28 billion, a P/E ratio of 17.60 and a beta of 1.17.

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

GATX Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have recently commented on GATX. Susquehanna lifted their target price on GATX from $218.00 to $220.00 and gave the stock a "positive" rating in a research note on Friday, July 31st. Citigroup increased their price target on shares of GATX from $214.00 to $215.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. The Goldman Sachs Group restated a "buy" rating and set a $222.00 price objective on shares of GATX in a report on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of GATX in a research report on Friday, July 17th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $219.00.

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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