WINTON GROUP Ltd Makes New $11.96 Million Investment in GXO Logistics, Inc. $GXO

Key Points

• WINTON GROUP Ltd bought a new position of 226,137 shares in GXO Logistics worth approximately $11.96 million, representing about 0.20% ownership at quarter-end.
• GXO beat quarterly expectations with EPS of $0.87 and revenue of $3.51 billion (+7.9% YoY); the company has a market cap of roughly $6.4 billion and a high P/E (~185.9).
• About 90.7% of GXO is owned by institutional investors, and analysts hold a Moderate Buy consensus with an average target price near $69.17 (10 Buys, 2 Holds, 1 Sell).

WINTON GROUP Ltd bought a new position in GXO Logistics, Inc. (NYSE:GXO - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 226,137 shares of the company's stock, valued at approximately $11,960,000. WINTON GROUP Ltd owned 0.20% of GXO Logistics at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of GXO Logistics by 29.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company's stock valued at $1,568,000 after purchasing an additional 9,134 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in GXO Logistics by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company's stock worth $14,741,000 after buying an additional 8,670 shares during the last quarter. Geneos Wealth Management Inc. raised its position in GXO Logistics by 4,775.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company's stock worth $78,000 after buying an additional 1,958 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in GXO Logistics by 6.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 63,797 shares of the company's stock valued at $3,107,000 after acquiring an additional 3,914 shares during the period. Finally, Zions Bancorporation National Association UT boosted its holdings in shares of GXO Logistics by 10.4% during the 2nd quarter. Zions Bancorporation National Association UT now owns 43,671 shares of the company's stock valued at $2,127,000 after acquiring an additional 4,129 shares during the last quarter. 90.67% of the stock is currently owned by hedge funds and other institutional investors.

GXO Logistics Stock Performance

Shares of NYSE GXO opened at $55.76 on Monday. GXO Logistics, Inc. has a 12-month low of $30.46 and a 12-month high of $66.85. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 185.87, a price-to-earnings-growth ratio of 1.89 and a beta of 1.62. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.87. The firm has a 50 day moving average of $58.79 and a 200 day moving average of $54.59.

GXO Logistics (NYSE:GXO - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.04. GXO Logistics had a net margin of 0.24% and a return on equity of 9.83%. The business had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same period last year, the firm earned $1.00 earnings per share. The company's quarterly revenue was up 7.9% on a year-over-year basis. On average, research analysts anticipate that GXO Logistics, Inc. will post 2.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Oppenheimer reiterated an "outperform" rating and issued a $70.00 price target on shares of GXO Logistics in a research note on Thursday, February 12th. The Goldman Sachs Group cut shares of GXO Logistics from a "buy" rating to a "neutral" rating and set a $68.00 target price on the stock. in a report on Wednesday, March 4th. Truist Financial lifted their target price on shares of GXO Logistics from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, February 12th. Stifel Nicolaus set a $70.00 price target on GXO Logistics in a report on Thursday, February 12th. Finally, Morgan Stanley restated an "overweight" rating and issued a $75.00 price target on shares of GXO Logistics in a research note on Tuesday, February 17th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $69.17.

GXO Logistics Company Profile

GXO Logistics NYSE: GXO is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.

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