GATX (NYSE:GATX - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.500-8.900 for the period, compared to the consensus earnings per share estimate of 8.800. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
GATX has been the topic of several research reports. Weiss Ratings restated a "buy (b)" rating on shares of GATX in a report on Wednesday, October 8th. Citigroup assumed coverage on GATX in a research note on Monday, September 22nd. They set a "buy" rating and a $201.00 price target on the stock. Finally, Susquehanna set a $190.00 price target on GATX and gave the company a "positive" rating in a report on Monday, August 18th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $183.50.
View Our Latest Stock Report on GATX
GATX Stock Up 0.7%
NYSE GATX opened at $173.16 on Tuesday. GATX has a 1-year low of $130.95 and a 1-year high of $178.26. The company has a market capitalization of $6.16 billion, a price-to-earnings ratio of 19.81 and a beta of 1.18. The stock's 50 day moving average is $169.33 and its two-hundred day moving average is $157.55. The company has a current ratio of 2.93, a quick ratio of 2.93 and a debt-to-equity ratio of 3.27.
GATX (NYSE:GATX - Get Free Report) last posted its earnings results on Tuesday, July 29th. The transportation company reported $2.06 EPS for the quarter, topping the consensus estimate of $1.95 by $0.11. The business had revenue of $430.50 million during the quarter, compared to the consensus estimate of $425.52 million. GATX had a return on equity of 12.52% and a net margin of 19.13%. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. Equities analysts forecast that GATX will post 8.5 earnings per share for the current fiscal year.
GATX Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.61 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. GATX's dividend payout ratio is presently 27.92%.
Insider Activity
In other news, SVP Kevin Hillesland sold 2,200 shares of the firm's stock in a transaction that occurred on 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 sale, the senior vice president owned 7,606 shares of the company's stock, valued at approximately $1,160,599.54. This trade represents a 22.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Geoffrey Phillips sold 2,100 shares of the business's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $168.74, for a total value of $354,354.00. Following the completion of the transaction, the vice president directly owned 6,740 shares in the company, valued at $1,137,307.60. The trade was a 23.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,914 shares of company stock worth $2,953,509. Company insiders own 2.17% of the company's stock.
Institutional Trading of GATX
Large investors have recently made changes to their positions in the business. Thrivent Financial for Lutherans lifted its position in GATX by 0.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 8,406 shares of the transportation company's stock worth $1,291,000 after buying an additional 73 shares in the last quarter. State of Wyoming acquired a new position in shares of GATX during the second quarter worth approximately $105,000. Tower Research Capital LLC TRC grew its stake in shares of GATX by 201.6% during the second quarter. Tower Research Capital LLC TRC now owns 4,539 shares of the transportation company's stock valued at $697,000 after purchasing an additional 3,034 shares during the last quarter. State of Tennessee Department of Treasury raised its position in GATX by 33.9% in the 2nd quarter. State of Tennessee Department of Treasury now owns 11,104 shares of the transportation company's stock worth $1,705,000 after purchasing an additional 2,811 shares during the last quarter. Finally, Vident Advisory LLC lifted its holdings in GATX by 12.6% during the 2nd quarter. Vident Advisory LLC now owns 2,752 shares of the transportation company's stock worth $423,000 after buying an additional 307 shares in the last quarter. Institutional investors own 93.14% of the company's stock.
GATX Company Profile
(
Get Free Report)
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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