Squarepoint Ops LLC Has $638,000 Position in GATX Corporation $GATX

Key Points

• Squarepoint Ops LLC cut its GATX position by 84% in the second quarter, leaving 3,599 shares worth approximately $638,000. Institutional investors collectively own 93.14% of the company.
• GATX reported quarterly EPS of $2.84, surpassing 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 positive outlook, with four Buy ratings and an average price target of $219 versus the stock’s recent price of $177.88. GATX also declared a quarterly dividend of $0.66, representing a 1.5% annualized yield.

Squarepoint Ops LLC trimmed its position in GATX Corporation (NYSE:GATX - Free Report) by 84.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,599 shares of the transportation company's stock after selling 18,924 shares during the quarter. Squarepoint Ops LLC's holdings in GATX were worth $638,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position in shares of GATX by 8.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 702 shares of the transportation company's stock valued at $119,000 after acquiring an additional 55 shares during the period. HB Wealth Management LLC boosted its holdings in GATX by 3.6% in the 2nd quarter. HB Wealth Management LLC now owns 1,806 shares of the transportation company's stock valued at $320,000 after purchasing an additional 63 shares during the period. Assetmark Inc. boosted its holdings in GATX by 50.8% in the 1st quarter. Assetmark Inc. now owns 196 shares of the transportation company's stock valued at $33,000 after purchasing an additional 66 shares during the period. Versant Capital Management Inc grew its position in shares of GATX by 23.3% during the 2nd quarter. Versant Capital Management Inc now owns 407 shares of the transportation company's stock worth $72,000 after purchasing an additional 77 shares in the last quarter. Finally, Clearstead Advisors LLC increased its holdings in shares of GATX by 16.3% during the fourth quarter. Clearstead Advisors LLC now owns 585 shares of the transportation company's stock worth $99,000 after purchasing an additional 82 shares during the period. Institutional investors own 93.14% of the company's stock.

GATX Trading Down 1.3%

Shares of GATX stock opened at $177.88 on Friday. The firm's 50 day moving average is $178.81 and its 200 day moving average is $178.69. The firm has a market capitalization of $6.28 billion, a PE ratio of 17.61 and a beta of 1.17. GATX Corporation has a 1 year low of $150.42 and a 1 year high of $205.56. The company has a current ratio of 3.90, a quick ratio of 3.90 and a debt-to-equity ratio of 3.44.

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

GATX Announces Dividend

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

Insider Buying and Selling at GATX

In other news, CFO Thomas A. Ellman sold 18,200 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $180.08, for a total value of $3,277,456.00. Following the completion of the transaction, the chief financial officer 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 filing with the SEC, which is available through this hyperlink. Also, VP Geoffrey Phillips sold 2,500 shares of the firm's stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $177.60, for a total transaction of $444,000.00. Following the completion of the transaction, the vice president owned 1 shares of the company's stock, valued at approximately $177.60. This trade represents a 99.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 21,700 shares of company stock worth $3,900,976. 1.86% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GATX. Citigroup lifted 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. Susquehanna lifted their price objective on GATX from $218.00 to $220.00 and gave the company a "positive" rating in a report on Friday, July 31st. Finally, Weiss Ratings upgraded GATX from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, September 4th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $219.00.

GATX Profile

GATX Corporation is a global railcar leasing company that owns, manages and leases freight railcars to shippers, railroads and other transportation companies. Its fleet serves a range of industries, including energy, chemicals, agriculture, food products and general manufacturing. GATX also provides related services such as railcar maintenance, repair, refurbishment and fleet management.

The company operates primarily through GATX Rail North America and GATX Rail Europe, with additional railcar leasing activities in India.

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