VIRGINIA RETIREMENT SYSTEMS ET Al Invests $2.94 Million in GXO Logistics, Inc. $GXO

Key Points

• Virginia Retirement Systems acquired 57,941 GXO Logistics shares worth approximately $2.94 million in the second quarter, joining institutional investors that 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 came in below expectations. The company guided for fiscal 2026 EPS of $2.95–$3.15.
• Analysts maintain a generally positive view, with 12 Buy ratings and three Holds; the stock has a “Moderate Buy” consensus and an average price target of $63.93 versus a recent share price of $45.39.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in GXO Logistics, Inc. (NYSE:GXO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 57,941 shares of the company's stock, valued at approximately $2,938,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.05% of GXO Logistics as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. UMB Bank n.a. grew its position in shares of GXO Logistics by 15.2% in the 4th quarter. UMB Bank n.a. now owns 1,674 shares of the company's stock valued at $88,000 after buying an additional 221 shares during the last quarter. Guggenheim Capital LLC raised its position in shares of GXO Logistics by 5.3% during the fourth quarter. Guggenheim Capital LLC now owns 4,445 shares of the company's stock worth $234,000 after acquiring an additional 225 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of GXO Logistics by 9.4% in the first quarter. Parallel Advisors LLC now owns 2,723 shares of the company's stock worth $141,000 after acquiring an additional 233 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of GXO Logistics by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,073 shares of the company's stock worth $372,000 after acquiring an additional 235 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in GXO Logistics by 2.0% in the second quarter. Hsbc Holdings PLC now owns 12,780 shares of the company's stock valued at $622,000 after acquiring an additional 253 shares during the last quarter. 90.67% of the stock is owned by institutional investors.

GXO Logistics Stock Performance

Shares of GXO Logistics stock opened at $45.39 on Friday. The business has a 50-day simple moving average of $49.35 and a 200 day simple moving average of $51.63. GXO Logistics, Inc. has a one year low of $45.00 and a one year high of $66.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 40.17, a PEG ratio of 1.43 and a beta of 1.54.

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 the consensus estimate of $0.58 by $0.01. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%.The business had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.46 billion. During the same quarter in the prior year, the company earned $0.57 earnings per share. The company's quarterly revenue 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, research analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Wells Fargo & Company assumed coverage on shares of GXO Logistics in a report on Tuesday, July 28th. They set an "overweight" rating and a $18.00 price target for the company. Barclays raised shares of GXO Logistics from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Weiss Ratings raised shares of GXO Logistics from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, July 28th. UBS Group lowered their target price on shares of GXO Logistics from $74.00 to $64.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Finally, Susquehanna dropped their target price on shares of GXO Logistics from $75.00 to $62.00 and set a "positive" rating on the stock in a report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $63.93.

GXO Logistics Profile

GXO Logistics, Inc NYSE: GXO is a global contract logistics company that manages supply chain operations for businesses across a range of industries. Its services include warehousing, distribution, order fulfillment, inventory management, transportation management and reverse logistics.

The company uses technology, automation and data analytics to operate logistics facilities and support the movement of goods from manufacturers and suppliers to retailers, businesses and consumers. GXO serves customers in sectors such as retail and e-commerce, consumer goods, food and beverage, technology, healthcare, industrial manufacturing and automotive.

GXO was established as an independent public company in 2021 through the spin-off of XPO, Inc's logistics business.

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