UBS Group AG Acquires 640,168 Shares of QXO, Inc. $QXO

Key Points

• UBS Group AG boosted its stake in QXO by 14.8%, buying 640,168 shares to own 4,978,172 shares (about 0.74% of the company) valued at roughly $96.03 million at quarter‑end.
• Institutional ownership stands at 58.68%, led by Vanguard (55.32M shares, ~$1.05B) and Baillie Gifford (14.74M shares, ~$284.24M), reflecting substantial recent position changes by large investors.
• QXO has a market cap of $14.38B and a negative P/E (-33.62); it reported quarterly EPS of $0.02 (missing estimates) and carries a consensus analyst rating of "Moderate Buy" with a $32.53 target.

UBS Group AG boosted its holdings in shares of QXO, Inc. (NYSE:QXO - Free Report) by 14.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,978,172 shares of the company's stock after acquiring an additional 640,168 shares during the quarter. UBS Group AG owned 0.74% of QXO worth $96,029,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in QXO. Baillie Gifford & Co. grew its holdings in QXO by 16,117.6% during the 4th quarter. Baillie Gifford & Co. now owns 14,735,164 shares of the company's stock worth $284,241,000 after acquiring an additional 14,644,305 shares during the last quarter. MTCO Ltd. bought a new stake in shares of QXO in the 3rd quarter valued at $208,534,000. Fred Alger Management LLC bought a new stake in shares of QXO in the 3rd quarter valued at $173,053,000. Schf GPE LLC boosted its stake in shares of QXO by 204.3% in the 2nd quarter. Schf GPE LLC now owns 13,319,457 shares of the company's stock valued at $286,901,000 after purchasing an additional 8,943,089 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of QXO by 17.2% in the 3rd quarter. Vanguard Group Inc. now owns 55,323,743 shares of the company's stock valued at $1,054,471,000 after purchasing an additional 8,131,331 shares during the last quarter. 58.68% of the stock is owned by institutional investors.

QXO Price Performance

Shares of NYSE:QXO opened at $19.83 on Friday. The company has a quick ratio of 2.61, a current ratio of 3.58 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $14.38 billion, a PE ratio of -33.62, a P/E/G ratio of 3.10 and a beta of 2.40. QXO, Inc. has a twelve month low of $13.09 and a twelve month high of $27.61. The company has a 50-day moving average price of $21.39 and a two-hundred day moving average price of $21.16.

QXO (NYSE:QXO - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). QXO had a negative net margin of 4.08% and a positive return on equity of 3.45%. The business's quarterly revenue was up 14725.0% compared to the same quarter last year. Equities analysts forecast that QXO, Inc. will post 0.32 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on QXO shares. Wall Street Zen lowered shares of QXO from a "hold" rating to a "sell" rating in a research note on Saturday, February 28th. Benchmark reissued a "buy" rating on shares of QXO in a research note on Friday, February 20th. KeyCorp increased their target price on shares of QXO from $30.00 to $32.00 and gave the stock an "overweight" rating in a research note on Monday, April 20th. BNP Paribas Exane initiated coverage on shares of QXO in a research note on Monday, March 16th. They set an "outperform" rating and a $30.00 target price on the stock. Finally, Citigroup cut their target price on shares of QXO from $33.00 to $31.00 and set a "buy" rating on the stock in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $32.53.

QXO Company Profile

QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services.

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