Vanguard Group Inc. Sells 21,958 Shares of GATX Corporation $GATX

Key Points

• Vanguard Group Inc. trimmed its stake in GATX by 0.6% (sold 21,958 shares), leaving 3,837,799 shares — about 10.75% ownership valued at roughly $650.9 million.
• GATX beat quarterly estimates with $2.44 EPS (vs. $2.42) and $449 million in revenue, up 8.6% year-over-year, and set FY2026 guidance of 9.50–10.10 EPS (analysts expect ~9.8 EPS).
• The company announced a quarterly dividend of $0.66 ($2.64 annual, 1.3% yield) and holds an average analyst rating of Buy with a consensus price target of $211.67.

Vanguard Group Inc. lessened its position in shares of GATX Corporation (NYSE:GATX - Free Report) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,837,799 shares of the transportation company's stock after selling 21,958 shares during the period. Vanguard Group Inc. owned approximately 10.75% of GATX worth $650,891,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in GATX. Alliancebernstein L.P. increased its holdings in shares of GATX by 681.7% in the 3rd quarter. Alliancebernstein L.P. now owns 574,333 shares of the transportation company's stock worth $100,393,000 after buying an additional 500,857 shares during the last quarter. Squarepoint Ops LLC boosted its position in GATX by 429.5% during the 2nd quarter. Squarepoint Ops LLC now owns 187,835 shares of the transportation company's stock valued at $28,844,000 after buying an additional 152,361 shares during the period. Steadfast Capital Management LP purchased a new stake in GATX during the 3rd quarter valued at $24,489,000. Invesco Ltd. boosted its position in GATX by 104.7% during the 2nd quarter. Invesco Ltd. now owns 113,613 shares of the transportation company's stock valued at $17,446,000 after buying an additional 58,100 shares during the period. Finally, American Century Companies Inc. lifted its position in shares of GATX by 5.1% in the 3rd quarter. American Century Companies Inc. now owns 1,137,000 shares of the transportation company's stock worth $198,748,000 after purchasing an additional 55,609 shares during the period. Institutional investors own 93.14% of the company's stock.

GATX Price Performance

Shares of NYSE:GATX opened at $196.27 on Monday. The company has a debt-to-equity ratio of 3.45, a current ratio of 16.31 and a quick ratio of 16.31. GATX Corporation has a 1-year low of $143.46 and a 1-year high of $205.56. The company has a market capitalization of $6.97 billion, a P/E ratio of 21.52 and a beta of 1.24. The firm's 50 day simple moving average is $182.90 and its two-hundred day simple moving average is $175.09.

GATX (NYSE:GATX - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The transportation company reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.02. GATX had a net margin of 19.15% and a return on equity of 11.05%. The business had revenue of $449.00 million for the quarter, compared to the consensus estimate of $443.67 million. During the same quarter in the previous year, the firm earned $1.93 earnings per share. The company's revenue for the quarter was up 8.6% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Research analysts expect that GATX Corporation will post 9.8 EPS for the current fiscal year.

GATX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, June 15th. GATX's payout ratio is 28.95%.

Insider Transactions at GATX

In related news, EVP Brian L. Glassberg sold 2,000 shares of the business's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $198.29, for a total value of $396,580.00. Following the sale, the executive vice president owned 7,041 shares in the company, valued at approximately $1,396,159.89. The trade was a 22.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Robert Zmudka sold 5,200 shares of the business's stock in a transaction on Friday, February 20th. The stock was sold at an average price of $192.61, for a total transaction of $1,001,572.00. Following the completion of the sale, the vice president owned 7,493 shares in the company, valued at $1,443,226.73. This represents a 40.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 9,795 shares of company stock valued at $1,907,525. 1.86% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on GATX shares. Susquehanna raised their target price on shares of GATX from $212.00 to $220.00 and gave the stock a "positive" rating in a research report on Friday, February 20th. Citigroup upgraded shares of GATX from a "neutral" rating to a "buy" rating and raised their price objective for the company from $210.00 to $211.00 in a research note on Wednesday, April 8th. Weiss Ratings reiterated a "buy (b)" rating on shares of GATX in a research note on Tuesday, April 21st. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $204.00 price target on shares of GATX in a research note on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, GATX presently has an average rating of "Buy" and a consensus price target of $211.67.

GATX 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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