EULAV Asset Management Raises Stock Holdings in GATX Corporation $GATX

EULAV Asset Management grew its stake in GATX Corporation (NYSE:GATX) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,100 shares of the transportation company’s stock after acquiring an additional 4,791 shares during the quarter. EULAV Asset Management owned about 0.28% of GATX worth $16,977,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in GATX. M&T Bank Corp raised its stake in GATX by 915.2% during the 4th quarter. M&T Bank Corp now owns 26,234 shares of the transportation company’s stock worth $4,449,000 after buying an additional 23,650 shares during the period. JPMorgan Chase & Co. raised its stake in GATX by 13.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 205,898 shares of the transportation company’s stock worth $35,991,000 after buying an additional 24,239 shares during the period. American Century Companies Inc. raised its stake in GATX by 5.1% during the 3rd quarter. American Century Companies Inc. now owns 1,137,000 shares of the transportation company’s stock worth $198,748,000 after buying an additional 55,609 shares during the period. Natixis Advisors LLC raised its stake in GATX by 17.9% during the 3rd quarter. Natixis Advisors LLC now owns 282,549 shares of the transportation company’s stock worth $49,389,000 after buying an additional 42,942 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in GATX by 270,265.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 640,765 shares of the transportation company’s stock worth $108,674,000 after buying an additional 640,528 shares during the period. 93.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on GATX. Citigroup upgraded GATX from a “neutral” rating to a “buy” rating and increased their target price for the stock from $210.00 to $211.00 in a report on Wednesday, April 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a report on Tuesday, April 21st. Susquehanna lowered their target price on GATX from $220.00 to $218.00 and set a “positive” rating for the company in a report on Friday, May 8th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $222.00 target price on shares of GATX in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $217.00.

GATX Price Performance

GATX stock opened at $171.30 on Friday. The stock has a 50-day moving average price of $181.80 and a two-hundred day moving average price of $177.53. The stock has a market cap of $6.08 billion, a PE ratio of 18.38 and a beta of 1.17. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 3.41. GATX Corporation has a 1 year low of $148.20 and a 1 year high of $205.56.

GATX (NYSE:GATX) last released its earnings results on Thursday, May 7th. The transportation company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.07. The firm had revenue of $583.70 million during the quarter, compared to analysts’ expectations of $599.76 million. GATX had a return on equity of 10.31% and a net margin of 17.88%.The company’s revenue was up 38.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.15 EPS. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Equities analysts forecast that GATX Corporation will post 9.8 EPS for the current fiscal year.

GATX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.66 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.64 annualized dividend and a dividend yield of 1.5%. GATX’s dividend payout ratio (DPR) is presently 28.33%.

About GATX

GATX Corporation (NYSE: GATX) is a global railcar leasing and asset management company headquartered in Chicago, Illinois. Founded in 1898 as General American Transportation Corporation, GATX has grown into one of the world’s leading lessors of railcars, marine vessels and industrial assets. The company’s core business focuses on leasing and managing high-value equipment for customers in the energy, industrial, chemical, agricultural and metals markets.

In its Rail North America segment, GATX owns and manages a diverse fleet of more than 60,000 railcars, including tank cars, covered hoppers, boxcars and flatcars.