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

SG Americas Securities LLC reduced its stake in GXO Logistics, Inc. (NYSE:GXO) by 55.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & 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’s holdings in GXO Logistics were worth $4,728,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Orbis Allan Gray Ltd increased its position in GXO Logistics by 0.3% during the 4th quarter. Orbis Allan Gray Ltd now owns 13,424,844 shares of the company’s stock worth $706,684,000 after purchasing an additional 37,035 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in GXO Logistics by 3,222,426.7% in 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 purchasing an additional 11,697,409 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of GXO Logistics by 6.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,495,476 shares of the company’s stock worth $236,646,000 after purchasing an additional 289,142 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of GXO Logistics during the fourth quarter worth about $181,648,000. Finally, Alliancebernstein L.P. grew its holdings in shares of GXO Logistics by 9.0% during the second quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock worth $133,287,000 after buying an additional 225,603 shares in the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Weiss Ratings downgraded shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Stifel Nicolaus set a $71.00 target price on shares of GXO Logistics in a research note on Thursday, May 7th. Wall Street Zen upgraded GXO Logistics from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. The Goldman Sachs Group lowered GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target on the stock. in a research note on Wednesday, March 4th. Finally, Wells Fargo & Company decreased their price objective on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Eleven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $69.92.

GXO Logistics Trading Up 0.5%

NYSE GXO opened at $50.44 on Tuesday. The company has a market cap of $5.80 billion, a P/E ratio of 44.24, a P/E/G ratio of 1.67 and a beta of 1.56. GXO Logistics, Inc. has a 12 month low of $45.40 and a 12 month high of $66.85. 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 $50.91 and a 200-day moving average of $54.42.

GXO Logistics (NYSE:GXO) last released its 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. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.22 billion. During the same period last year, the company earned $0.29 earnings per share. The company’s quarterly 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. As a group, equities analysts predict that GXO Logistics, Inc. will post 3.06 earnings per share for the current year.

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.