Retirement Systems of Alabama Raises Stock Position in GATX Corporation $GATX

Key Points

• Retirement Systems of Alabama boosted its stake in GATX by 112.9% in Q4 to 91,627 shares—about 0.26% of the company—valued at $15.54 million.
• GATX slightly beat Q4 estimates with $2.44 EPS (vs. $2.42) and $449M revenue, issued FY2026 guidance of 9.50–10.10 EPS, and raised its quarterly dividend to $0.66 ($2.64 annualized, ~1.5% yield).
• Insiders sold 9,795 shares worth $1.91M during the quarter (notable sales by the SVP and VP), while institutional ownership remains high at 93.14% and insiders own 1.86% of the stock.

Retirement Systems of Alabama boosted its stake in GATX Corporation (NYSE:GATX - Free Report) by 112.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,627 shares of the transportation company's stock after purchasing an additional 48,585 shares during the period. Retirement Systems of Alabama owned approximately 0.26% of GATX worth $15,540,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in GATX. Bank of America Corp DE boosted its stake in shares of GATX by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 1,219,746 shares of the transportation company's stock worth $187,304,000 after buying an additional 6,104 shares during the last quarter. American Century Companies Inc. lifted its holdings in GATX by 5.1% in the third quarter. American Century Companies Inc. now owns 1,137,000 shares of the transportation company's stock valued at $198,748,000 after acquiring an additional 55,609 shares during the period. Sei Investments Co. lifted its holdings in GATX by 2.8% in the third quarter. Sei Investments Co. now owns 949,877 shares of the transportation company's stock valued at $166,038,000 after acquiring an additional 25,440 shares during the period. Alliancebernstein L.P. boosted its position 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 last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its position in GATX by 4.7% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 455,010 shares of the transportation company's stock worth $79,536,000 after purchasing an additional 20,595 shares during the last quarter. 93.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at GATX

In related news, SVP Jeffery R. Young sold 2,595 shares of the company'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 completion of the transaction, the senior vice president owned 7,700 shares of the company's stock, valued at approximately $1,511,433. This represents a 25.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Robert Zmudka sold 5,200 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $192.61, for a total value of $1,001,572.00. Following the completion of the sale, the vice president owned 7,493 shares of the company's stock, valued at $1,443,226.73. The trade was a 40.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 9,795 shares of company stock worth $1,907,525. 1.86% of the stock is owned by corporate insiders.

GATX Trading Up 1.2%

Shares of NYSE:GATX opened at $173.66 on Friday. The stock has a 50 day moving average of $180.59 and a 200 day moving average of $172.38. The company has a market cap of $6.17 billion, a PE ratio of 19.04 and a beta of 1.22. GATX Corporation has a 12-month low of $139.44 and a 12-month high of $199.00. The company has a current ratio of 16.31, a quick ratio of 16.31 and a debt-to-equity ratio of 3.45.

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

GATX Increases Dividend

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

Analysts Set New Price Targets

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

GATX Company 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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