GXO Logistics, Inc. $GXO Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its holdings in GXO Logistics, Inc. (NYSE:GXO) by 55.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,179 shares of the company’s stock after selling 112,228 shares during the quarter. SG Americas Securities LLC owned 0.08% of GXO Logistics worth $4,728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GXO. Allworth Financial LP raised its stake in shares of GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after buying an additional 329 shares in the last quarter. Chapman Financial Group LLC acquired a new position in GXO Logistics during the second quarter worth $34,000. Farther Finance Advisors LLC grew its holdings in GXO Logistics by 85.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after acquiring an additional 653 shares during the period. Danske Bank A S purchased a new position in GXO Logistics in the third quarter worth $79,000. Finally, CIBC Private Wealth Group LLC raised its position in GXO Logistics by 201.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company’s stock worth $86,000 after acquiring an additional 1,083 shares in the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Price Performance

GXO Logistics stock opened at $50.44 on Tuesday. GXO Logistics, Inc. has a 52 week low of $45.40 and a 52 week high of $66.85. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. The firm’s 50-day simple moving average is $50.91 and its 200 day simple moving average is $54.42. The firm has a market capitalization of $5.80 billion, a PE ratio of 44.24, a P/E/G ratio of 1.67 and a beta of 1.56.

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

Analysts Set New Price Targets

Several equities research analysts have commented on GXO shares. Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $58.00 to $65.00 in a research report on Wednesday, May 27th. The Goldman Sachs Group downgraded shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price objective on the stock. in a report on Wednesday, March 4th. Wells Fargo & Company lowered their target price on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Wall Street Zen raised shares of GXO Logistics from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. Finally, Weiss Ratings downgraded shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Eleven 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’s stock. According to data from MarketBeat, GXO Logistics currently has a consensus rating of “Moderate Buy” and an average price target of $69.92.

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.