Arvin Capital Management LP Lowers Stock Holdings in GXO Logistics, Inc. $GXO

Arvin Capital Management LP cut its holdings in shares of GXO Logistics, Inc. (NYSE:GXO) by 7.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 440,800 shares of the company’s stock after selling 34,825 shares during the quarter. GXO Logistics comprises approximately 4.2% of Arvin Capital Management LP’s holdings, making the stock its 10th biggest position. Arvin Capital Management LP’s holdings in GXO Logistics were worth $23,314,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of GXO. Accredited Wealth Management LLC raised its position in shares of GXO Logistics by 1,100.0% in the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after purchasing 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. 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. Finally, Quent Capital LLC purchased a new stake in shares of GXO Logistics during the third quarter worth $50,000. Hedge funds and other institutional investors own 90.67% of the company’s stock.

GXO Logistics Price Performance

GXO stock opened at $60.94 on Wednesday. The firm has a 50 day simple moving average of $58.55 and a two-hundred day simple moving average of $54.48. The stock has a market cap of $6.99 billion, a PE ratio of 203.13, a P/E/G ratio of 2.14 and a beta of 1.62. GXO Logistics, Inc. has a one year low of $30.46 and a one year high of $66.85. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.85 and a quick ratio of 0.85.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.04. GXO Logistics had a net margin of 0.24% and a return on equity of 9.83%. During the same quarter in the previous year, the company posted $1.00 EPS. The business’s quarterly revenue was up 7.9% on a year-over-year basis. On average, analysts predict that GXO Logistics, Inc. will post 2.49 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on GXO shares. Truist Financial raised their price target on GXO Logistics from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Weiss Ratings cut GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. Deutsche Bank Aktiengesellschaft upgraded GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research note on Thursday, November 6th. UBS Group upped their price target on GXO Logistics from $63.00 to $74.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Finally, Susquehanna reissued a “positive” rating and issued a $82.00 price target on shares of GXO Logistics in a report on Thursday, February 12th. Eleven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.17.

GXO Logistics 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.