GATX (NYSE:GATX - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 8.500-8.900 for the period, compared to the consensus estimate of 8.643. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. The Goldman Sachs Group reissued a "buy" rating on shares of GATX in a research note on Wednesday, April 23rd. Susquehanna decreased their target price on GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th.
Check Out Our Latest Analysis on GATX
GATX Stock Down 2.4%
NYSE GATX traded down $3.60 during trading hours on Friday, hitting $149.09. The company's stock had a trading volume of 250,150 shares, compared to its average volume of 177,407. GATX has a 52 week low of $127.69 and a 52 week high of $168.89. The company has a market capitalization of $5.32 billion, a PE ratio of 17.06 and a beta of 1.16. The company has a current ratio of 2.93, a quick ratio of 4.14 and a debt-to-equity ratio of 3.27. The company's 50-day simple moving average is $154.59 and its two-hundred day simple moving average is $154.67.
GATX (NYSE:GATX - Get Free Report) last announced its earnings results on Tuesday, July 29th. The transportation company reported $2.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.11. The company had revenue of $430.50 million during the quarter, compared to analyst estimates of $425.52 million. GATX had a net margin of 19.13% and a return on equity of 12.52%. Research analysts anticipate that GATX will post 8.5 EPS for the current fiscal year.
GATX Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.6%. GATX's payout ratio is presently 30.93%.
Insider Activity
In other news, EVP Paul F. Titterton sold 18,700 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $156.66, for a total transaction of $2,929,542.00. Following the sale, the executive vice president directly owned 10,468 shares in the company, valued at approximately $1,639,916.88. This represents a 64.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Kevin Hillesland sold 2,200 shares of the stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $152.59, for a total transaction of $335,698.00. Following the completion of the transaction, the senior vice president directly owned 7,606 shares of the company's stock, valued at approximately $1,160,599.54. The trade was a 22.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,700 shares of company stock valued at $3,544,096 in the last 90 days. Company insiders own 2.17% of the company's stock.
Institutional Investors Weigh In On GATX
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC boosted its holdings in GATX by 280.6% in the 1st quarter. Jane Street Group LLC now owns 53,690 shares of the transportation company's stock valued at $8,336,000 after purchasing an additional 39,582 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of GATX by 54.9% in the 1st quarter. Millennium Management LLC now owns 58,011 shares of the transportation company's stock worth $9,007,000 after acquiring an additional 20,569 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of GATX by 1.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,834 shares of the transportation company's stock worth $18,141,000 after acquiring an additional 1,968 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in GATX by 21.3% during the 1st quarter. AQR Capital Management LLC now owns 7,716 shares of the transportation company's stock worth $1,198,000 after buying an additional 1,357 shares in the last quarter. 93.14% of the stock is currently owned by institutional investors and hedge funds.
About GATX
(
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GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.
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