Focus Partners Wealth Makes New Investment in GXO Logistics, Inc. $GXO

Focus Partners Wealth bought a new position in shares of GXO Logistics, Inc. (NYSE:GXO) in the 4th quarter, HoldingsChannel.com reports. The fund bought 3,450,768 shares of the company’s stock, valued at approximately $181,648,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GXO. Northwestern Mutual Wealth Management Co. increased its stake in GXO Logistics by 3,222,426.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock worth $593,791,000 after acquiring an additional 11,697,409 shares during the last quarter. Victory Capital Management Inc. increased its stake in GXO Logistics by 1,168.3% during the fourth quarter. Victory Capital Management Inc. now owns 1,191,218 shares of the company’s stock worth $62,706,000 after acquiring an additional 1,097,298 shares during the last quarter. Norges Bank acquired a new stake in GXO Logistics during the fourth quarter worth $57,598,000. Milford Funds Ltd. acquired a new stake in GXO Logistics during the fourth quarter worth $43,250,000. Finally, Balyasny Asset Management L.P. increased its stake in GXO Logistics by 1,511.4% during the third quarter. Balyasny Asset Management L.P. now owns 832,066 shares of the company’s stock worth $44,008,000 after acquiring an additional 780,431 shares during the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Trading Down 0.4%

Shares of NYSE GXO opened at $49.61 on Friday. GXO Logistics, Inc. has a twelve month low of $42.49 and a twelve month high of $66.85. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. The stock has a fifty day simple moving average of $52.13 and a 200-day simple moving average of $54.51. The stock has a market capitalization of $5.71 billion, a PE ratio of 43.52, a PEG ratio of 1.65 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data 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 business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.22 billion. During the same period in the previous year, the firm posted $0.29 earnings per share. The company’s revenue was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, equities analysts forecast that GXO Logistics, Inc. will post 3.06 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Wall Street Zen raised GXO Logistics from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Stifel Nicolaus set a $71.00 target price on GXO Logistics in a research note on Thursday, May 7th. Morgan Stanley reissued an “overweight” rating and set a $75.00 target price on shares of GXO Logistics in a research note on Tuesday, February 17th. Wells Fargo & Company cut their target price 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. Finally, Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $58.00 to $65.00 in a research note on Wednesday, May 27th. Eleven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, GXO Logistics has an average rating of “Moderate Buy” and a consensus price target of $69.92.

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.