GXO Logistics Sees Unusually High Options Volume (NYSE:GXO)

GXO Logistics, Inc. (NYSE:GXO) was the target of unusually large options trading activity on Tuesday. Traders bought 6,464 put options on the company. This represents an increase of 543% compared to the average daily volume of 1,006 put options.

GXO Logistics Trading Up 0.6%

NYSE GXO opened at $54.29 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73. The business has a fifty day simple moving average of $52.21 and a 200 day simple moving average of $51.21. GXO Logistics has a 12 month low of $30.46 and a 12 month high of $57.99. The firm has a market capitalization of $6.22 billion, a P/E ratio of 71.44, a PEG ratio of 2.22 and a beta of 1.65.

GXO Logistics (NYSE:GXO) last posted its earnings results on Tuesday, November 4th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.01. GXO Logistics had a net margin of 0.69% and a return on equity of 10.45%. The firm had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.39 billion. During the same quarter in the prior year, the business posted $0.79 EPS. The business’s revenue was up 7.5% compared to the same quarter last year. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. On average, analysts predict that GXO Logistics will post 2.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GXO. Deutsche Bank Aktiengesellschaft raised GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Thursday, November 6th. Wells Fargo & Company boosted their price objective on GXO Logistics from $60.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, October 6th. UBS Group increased their target price on GXO Logistics from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Morgan Stanley lifted their price target on shares of GXO Logistics from $58.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Finally, Stifel Nicolaus lowered their price objective on shares of GXO Logistics from $67.00 to $66.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. Eleven investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, GXO Logistics has a consensus rating of “Moderate Buy” and a consensus target price of $62.62.

Insiders Place Their Bets

In related news, Director Todd C. Cooper acquired 6,000 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were purchased at an average price of $50.59 per share, for a total transaction of $303,540.00. Following the completion of the acquisition, the director owned 10,040 shares of the company’s stock, valued at approximately $507,923.60. This trade represents a 148.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On GXO Logistics

A number of hedge funds and other institutional investors have recently modified their holdings of GXO. Allworth Financial LP increased its stake in shares of GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after purchasing an additional 329 shares in the last quarter. Accredited Wealth Management LLC boosted its holdings in GXO Logistics by 1,100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after buying an additional 550 shares during the period. Chapman Financial Group LLC bought a new position in GXO Logistics in the 2nd quarter worth approximately $34,000. Farther Finance Advisors LLC grew its stake in GXO Logistics by 177.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock valued at $41,000 after buying an additional 491 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in GXO Logistics by 1,964.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 929 shares of the company’s stock valued at $45,000 after acquiring an additional 884 shares during the period. Hedge funds and other institutional investors own 90.67% of the company’s stock.

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.