GATX (NYSE:GATX) Posts Earnings Results, Misses Expectations By $0.07 EPS

Key Points

• GATX reported quarterly earnings of $2.25 EPS, missing analysts' estimates of $2.32 EPS by $0.07, while revenue increased by 8.4% compared to the previous year.
• The company also declared a quarterly dividend of $0.61, representing an annualized yield of 1.4% and a payout ratio of 27.92%.
• GATX updated its FY 2025 earnings guidance to between $8.500 and $8.900 EPS.

GATX (NYSE:GATX - Get Free Report) announced its quarterly earnings data on Tuesday. The transportation company reported $2.25 EPS for the quarter, missing analysts' consensus estimates of $2.32 by ($0.07), Briefing.com reports. GATX had a return on equity of 12.52% and a net margin of 19.13%.During the same period last year, the firm earned $2.43 EPS. GATX's revenue was up 8.4% compared to the same quarter last year. GATX updated its FY 2025 guidance to 8.500-8.900 EPS.

GATX Stock Performance

Shares of GATX stock opened at $173.16 on Tuesday. GATX has a one year low of $130.95 and a one year high of $178.26. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 19.81 and a beta of 1.18. The company has a debt-to-equity ratio of 3.27, a current ratio of 2.93 and a quick ratio of 2.93. The stock's 50-day moving average is $169.33 and its 200-day moving average is $157.55.

GATX Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, September 15th. GATX's payout ratio is 27.92%.

Insider Buying and Selling

In related news, CEO Robert C. Lyons sold 12,635 shares of the company's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $166.33, for a total transaction of $2,101,579.55. Following the sale, the chief executive officer owned 50,575 shares in the company, valued at approximately $8,412,139.75. This represents a 19.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Kevin Hillesland sold 2,200 shares of the company's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $152.59, for a total value of $335,698.00. Following the sale, the senior vice president owned 7,606 shares in the company, valued at $1,160,599.54. The trade was a 22.44% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 17,914 shares of company stock worth $2,953,509. Insiders own 2.17% of the company's stock.

Institutional Trading of GATX

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE raised its holdings in GATX by 0.5% during the second quarter. Bank of America Corp DE now owns 1,219,746 shares of the transportation company's stock worth $187,304,000 after acquiring an additional 6,104 shares in the last quarter. Squarepoint Ops LLC raised its stake in GATX by 429.5% in the second 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. Balyasny Asset Management L.P. raised its stake in GATX by 37.1% in the second quarter. Balyasny Asset Management L.P. now owns 118,760 shares of the transportation company's stock valued at $18,237,000 after buying an additional 32,154 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in GATX by 1.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 116,834 shares of the transportation company's stock valued at $18,141,000 after buying an additional 1,968 shares during the period. Finally, Invesco Ltd. raised its stake in GATX by 104.7% in the second 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. Institutional investors own 93.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of GATX in a research note on Wednesday, October 8th. Susquehanna set a $190.00 price objective on GATX and gave the stock a "positive" rating in a research note on Monday, August 18th. Finally, Citigroup began coverage on GATX in a research note on Monday, September 22nd. They issued a "buy" rating and a $201.00 target price for the company. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $183.50.

About GATX

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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