GXO Logistics, Inc. $GXO Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its stake in GXO Logistics, Inc. (NYSE:GXO) by 194.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,256 shares of the company’s stock after buying an additional 14,699 shares during the period. Pacer Advisors Inc.’s holdings in GXO Logistics were worth $1,177,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Chapman Financial Group LLC acquired a new position in GXO Logistics in the second quarter valued at $34,000. Farther Finance Advisors LLC lifted its holdings in shares of 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 purchasing an additional 491 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of GXO Logistics by 1,964.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 929 shares of the company’s stock valued at $45,000 after purchasing an additional 884 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of GXO Logistics by 72.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 945 shares of the company’s stock valued at $37,000 after purchasing an additional 396 shares during the period. Finally, GAMMA Investing LLC grew its stake in GXO Logistics by 34.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,115 shares of the company’s stock worth $54,000 after buying an additional 283 shares during the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Stock Performance

Shares of GXO opened at $52.67 on Friday. The stock has a market capitalization of $6.03 billion, a P/E ratio of 69.30, a P/E/G ratio of 2.16 and a beta of 1.64. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.71 and a current ratio of 0.71. GXO Logistics, Inc. has a 1 year low of $30.46 and a 1 year high of $57.99. The company’s fifty day moving average is $52.06 and its two-hundred day moving average is $51.57.

GXO Logistics (NYSE:GXO) last released its earnings results on Tuesday, November 4th. The company reported $0.79 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 company had revenue of $3.40 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same quarter last year, the business earned $0.79 EPS. The business’s revenue was up 7.5% on a year-over-year basis. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. On average, sell-side analysts predict that GXO Logistics, Inc. will post 2.49 earnings per share for the current year.

Insiders Place Their Bets

In other GXO Logistics news, Director Todd C. Cooper bought 6,000 shares of the company’s stock in a transaction on Friday, November 28th. The shares were bought at an average price of $50.59 per share, for a total transaction of $303,540.00. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on GXO. Deutsche Bank Aktiengesellschaft upgraded GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a research note on Thursday, November 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of GXO Logistics in a research note on Monday. Susquehanna reissued a “positive” rating and set a $64.00 price objective on shares of GXO Logistics in a research report on Thursday, November 6th. JPMorgan Chase & Co. lifted their price objective on shares of GXO Logistics from $66.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Wells Fargo & Company increased their target price on shares of GXO Logistics from $60.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Eleven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $62.62.

About GXO Logistics

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.