Public Employees Retirement System of Ohio Acquires Shares of 32,544 GXO Logistics, Inc. $GXO

Key Points

• Public Employees Retirement System of Ohio initiated a position in GXO Logistics, purchasing 32,544 shares valued at approximately $1.65 million. Institutional investors collectively own 90.67% of the company.
• GXO reported quarterly EPS of $0.59, slightly above estimates, while revenue rose 4.3% year over year to $3.44 billion but fell short of consensus expectations. The company maintained fiscal 2026 EPS guidance of $2.95–$3.15.
• GXO shares opened at $48.39, near the lower end of their 52-week range. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $63.93, despite several recent target-price cuts.

Public Employees Retirement System of Ohio bought a new position in GXO Logistics, Inc. (NYSE:GXO - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 32,544 shares of the company's stock, valued at approximately $1,650,000.

Several other hedge funds have also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in GXO Logistics in the 1st quarter worth about $2,919,000. Edgestream Partners L.P. lifted its holdings in GXO Logistics by 1,344.4% during the first quarter. Edgestream Partners L.P. now owns 108,601 shares of the company's stock valued at $5,631,000 after purchasing an additional 101,082 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in GXO Logistics by 8.3% during the first quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company's stock worth $252,318,000 after purchasing an additional 371,391 shares during the period. Segall Bryant & Hamill LLC boosted its position in GXO Logistics by 9.6% during the first quarter. Segall Bryant & Hamill LLC now owns 261,426 shares of the company's stock worth $13,555,000 after purchasing an additional 22,940 shares during the period. Finally, Advisors Preferred LLC bought a new position in GXO Logistics during the second quarter worth about $1,535,000. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Stock Up 0.1%

GXO stock opened at $48.39 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $5.55 billion, a PE ratio of 42.82, a PEG ratio of 1.50 and a beta of 1.54. GXO Logistics, Inc. has a twelve month low of $45.00 and a twelve month high of $66.85. The stock has a 50-day simple moving average of $49.67 and a two-hundred day simple moving average of $52.03.

GXO Logistics (NYSE:GXO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.01. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The firm had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. During the same period in the prior year, the firm posted $0.57 earnings per share. The company's revenue for the quarter was up 4.3% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, equities analysts predict that GXO Logistics, Inc. will post 3.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Wall Street Zen lowered shares of GXO Logistics from a "buy" rating to a "hold" rating in a research report on Saturday, July 4th. UBS Group cut their price objective on shares of GXO Logistics from $74.00 to $64.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Susquehanna reduced their price objective on shares of GXO Logistics from $75.00 to $62.00 and set a "positive" rating for the company in a research note on Thursday, August 6th. Morgan Stanley boosted their target price on shares of GXO Logistics from $75.00 to $78.00 and gave the company an "overweight" rating in a report on Monday, July 6th. Finally, Weiss Ratings upgraded GXO Logistics from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, July 28th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $63.93.

GXO Logistics Company Profile

GXO Logistics NYSE: GXO is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.

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