Agman Capital LLC Purchases New Stake in GXO Logistics, Inc. $GXO

Agman Capital LLC purchased a new stake in shares of GXO Logistics, Inc. (NYSE:GXO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 201,594 shares of the company’s stock, valued at approximately $10,612,000. GXO Logistics comprises 9.0% of Agman Capital LLC’s holdings, making the stock its 3rd biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GXO. Northwestern Mutual Wealth Management Co. raised its holdings in GXO Logistics by 3,222,426.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock valued at $593,791,000 after buying an additional 11,697,409 shares during the last quarter. Victory Capital Management Inc. raised its holdings in GXO Logistics by 1,168.3% during the 4th quarter. Victory Capital Management Inc. now owns 1,191,218 shares of the company’s stock valued at $62,706,000 after buying an additional 1,097,298 shares during the last quarter. Norges Bank bought a new stake in GXO Logistics during the 4th quarter valued at $57,598,000. Milford Funds Ltd. bought a new stake in GXO Logistics during the 4th quarter valued at $43,250,000. Finally, Balyasny Asset Management L.P. raised its holdings in GXO Logistics by 1,511.4% during the 3rd quarter. Balyasny Asset Management L.P. now owns 832,066 shares of the company’s stock valued at $44,008,000 after buying an additional 780,431 shares during the last quarter. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Stock Down 0.4%

Shares of GXO Logistics stock opened at $49.61 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The company has a 50-day moving average of $52.13 and a 200 day moving average of $54.51. The firm has a market cap of $5.71 billion, a price-to-earnings ratio of 43.52, a PEG ratio of 1.65 and a beta of 1.56. GXO Logistics, Inc. has a 1 year low of $42.49 and a 1 year high of $66.85.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on GXO shares. Weiss Ratings lowered shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, June 1st. Stifel Nicolaus set a $71.00 price objective on shares of GXO Logistics in a report on Thursday, May 7th. Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $58.00 to $65.00 in a report on Wednesday, May 27th. Morgan Stanley restated an “overweight” rating and issued a $75.00 price objective on shares of GXO Logistics in a report on Tuesday, February 17th. Finally, The Goldman Sachs Group lowered shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price objective for the company. in a report on Wednesday, March 4th. Eleven 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, GXO Logistics has a consensus rating of “Moderate Buy” and a consensus target price of $69.92.

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.