Jefferies Financial Group Inc. Takes Position in GXO Logistics, Inc. $GXO

Jefferies Financial Group Inc. bought a new stake in GXO Logistics, Inc. (NYSE:GXOFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,091 shares of the company’s stock, valued at approximately $584,000.

A number of other institutional investors also recently modified their holdings of GXO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of GXO Logistics by 29.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company’s stock worth $1,568,000 after purchasing an additional 9,134 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of GXO Logistics by 2.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company’s stock worth $14,741,000 after purchasing an additional 8,670 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of GXO Logistics by 4,775.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after purchasing an additional 1,958 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of GXO Logistics by 2.0% during the 2nd quarter. Hsbc Holdings PLC now owns 12,780 shares of the company’s stock worth $622,000 after purchasing an additional 253 shares in the last quarter. Finally, M&T Bank Corp acquired a new position in shares of GXO Logistics during the 2nd quarter worth approximately $271,000. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Trading Down 1.3%

Shares of GXO stock opened at $50.09 on Friday. The stock’s fifty day moving average price is $52.50 and its two-hundred day moving average price is $54.50. The company has a market cap of $5.76 billion, a PE ratio of 43.94, a P/E/G ratio of 1.66 and a beta of 1.62. GXO Logistics, Inc. has a fifty-two week low of $39.92 and a fifty-two week high of $66.85. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.85 and a current ratio of 0.85.

GXO Logistics (NYSE:GXOGet Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same quarter last year, the business posted $0.29 EPS. The company’s revenue was up 10.8% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Equities analysts predict that GXO Logistics, Inc. will post 3.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on GXO shares. Citigroup raised their price objective on GXO Logistics from $66.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Stifel Nicolaus set a $71.00 price objective on GXO Logistics in a research note on Thursday, May 7th. Morgan Stanley restated an “overweight” rating and set a $75.00 price objective on shares of GXO Logistics in a research note on Tuesday, February 17th. Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $58.00 to $65.00 in a research note on Wednesday. Finally, Wells Fargo & Company dropped their price target on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $69.92.

View Our Latest Analysis on GXO

GXO Logistics Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GXO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GXO Logistics, Inc. (NYSE:GXOFree Report).

Institutional Ownership by Quarter for GXO Logistics (NYSE:GXO)

Receive News & Ratings for GXO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GXO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.