3,194 Shares in GATX Corporation $GATX Purchased by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA has acquired a new stake in GATX Corporation valued at approximately $496,000, purchasing 3,194 shares during the first quarter.
• Insider trading activity includes the sale of 12,635 shares by CEO Robert C. Lyons, marking a 19.99% decrease in his ownership, while Director Anne L. Arvia also sold 979 shares of the company.
• GATX reported better-than-expected quarterly earnings of $2.06 per share, surpassing estimates and setting a target EPS guidance of 8.500-8.900 for fiscal year 2025.

Petrus Trust Company LTA bought a new position in shares of GATX Corporation (NYSE:GATX - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 3,194 shares of the transportation company's stock, valued at approximately $496,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its stake in GATX by 0.9% during the 1st quarter. Principal Financial Group Inc. now owns 82,389 shares of the transportation company's stock worth $12,793,000 after buying an additional 767 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in GATX by 3.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,356 shares of the transportation company's stock worth $521,000 after buying an additional 126 shares during the last quarter. Teacher Retirement System of Texas lifted its position in GATX by 29.4% during the 1st quarter. Teacher Retirement System of Texas now owns 8,796 shares of the transportation company's stock worth $1,366,000 after acquiring an additional 1,997 shares during the period. Janney Montgomery Scott LLC lifted its position in GATX by 6.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,523 shares of the transportation company's stock worth $392,000 after acquiring an additional 146 shares during the period. Finally, GAMMA Investing LLC lifted its position in GATX by 337.8% during the 1st quarter. GAMMA Investing LLC now owns 2,294 shares of the transportation company's stock worth $356,000 after acquiring an additional 1,770 shares during the period. 93.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other news, Director Anne L. Arvia sold 979 shares of the business's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $165.35, for a total value of $161,877.65. Following the completion of the transaction, the director owned 33,077 shares of the company's stock, valued at $5,469,281.95. The trade was a 2.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Geoffrey Phillips sold 2,100 shares of the company's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $168.74, for a total value of $354,354.00. Following the completion of the transaction, the vice president directly owned 6,740 shares of the company's stock, valued at $1,137,307.60. The trade was a 23.76% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,914 shares of company stock worth $2,953,509. Corporate insiders own 2.17% of the company's stock.

GATX Stock Performance

Shares of GATX stock traded up $3.04 on Thursday, hitting $171.49. The company had a trading volume of 150,374 shares, compared to its average volume of 173,936. The firm has a market cap of $6.11 billion, a P/E ratio of 19.62 and a beta of 1.18. The company has a 50-day moving average price of $158.89 and a 200-day moving average price of $154.36. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 3.27. GATX Corporation has a twelve month low of $127.69 and a twelve month high of $171.62.

GATX (NYSE:GATX - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The transportation company reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.11. The business had revenue of $430.50 million during 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. As a group, equities research analysts predict that GATX Corporation will post 8.5 earnings per share for the current fiscal year.

GATX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, September 15th. GATX's payout ratio is 27.92%.

GATX Profile

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.