River Road Asset Management LLC Sells 57,779 Shares of GXO Logistics, Inc. $GXO

River Road Asset Management LLC lessened its position in shares of GXO Logistics, Inc. (NYSE:GXO) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,942,811 shares of the company’s stock after selling 57,779 shares during the period. GXO Logistics accounts for 1.7% of River Road Asset Management LLC’s investment portfolio, making the stock its 11th largest position. River Road Asset Management LLC’s holdings in GXO Logistics were worth $154,910,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in GXO. Allworth Financial LP increased its holdings in GXO Logistics by 175.0% in the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after acquiring an additional 329 shares during the last quarter. Accredited Wealth Management LLC lifted its holdings in GXO Logistics by 1,100.0% during the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after purchasing an additional 550 shares during the last quarter. Chapman Financial Group LLC purchased a new stake in GXO Logistics during the second quarter valued at about $34,000. Fifth Third Bancorp lifted its holdings in GXO Logistics by 22.0% during the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock valued at $64,000 after purchasing an additional 219 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position 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 purchasing an additional 653 shares during the period. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Stock Up 1.2%

Shares of NYSE GXO opened at $48.67 on Friday. GXO Logistics, Inc. has a 52 week low of $44.71 and a 52 week high of $66.85. The business has a 50-day simple moving average of $51.82 and a two-hundred day simple moving average of $54.52. 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 company has a market cap of $5.60 billion, a P/E ratio of 42.69, a P/E/G ratio of 1.60 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last announced its quarterly 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. 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 analysts’ expectations of $3.22 billion. During the same period in the prior year, the business 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. Research analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GXO. Wells Fargo & Company reduced their target price on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Stifel Nicolaus set a $71.00 price target on shares of GXO Logistics in a research note on Thursday, May 7th. Weiss Ratings downgraded shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, June 1st. 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 research note on Wednesday, March 4th. Finally, Wall Street Zen raised shares of GXO Logistics from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. Eleven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.