Shares of GXO Logistics, Inc. (NYSE:GXO – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the fifteen ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $70.0714.
Several brokerages recently issued reports on GXO. Weiss Ratings lowered shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Wells Fargo & Company dropped their price objective on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Citizens Jmp initiated coverage on shares of GXO Logistics in a report on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 price objective on the stock. Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Finally, Morgan Stanley lifted their target price on shares of GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Monday, July 6th.
Read Our Latest Stock Analysis on GXO
GXO Logistics Trading Up 0.0%
GXO Logistics (NYSE:GXO – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $3.22 billion. During the same quarter in the prior year, the company earned $0.29 earnings per share. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Research analysts forecast that GXO Logistics will post 3.07 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB raised its stake in GXO Logistics by 3.5% during the second quarter. Handelsbanken Fonder AB now owns 40,929 shares of the company’s stock valued at $2,075,000 after buying an additional 1,400 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of GXO Logistics by 17.3% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 22,714 shares of the company’s stock worth $1,152,000 after acquiring an additional 3,349 shares during the last quarter. Moody National Bank Trust Division grew its stake in shares of GXO Logistics by 18.7% in the second quarter. Moody National Bank Trust Division now owns 15,495 shares of the company’s stock worth $786,000 after acquiring an additional 2,436 shares during the last quarter. Alpine Woods Capital Investors LLC bought a new position in shares of GXO Logistics during the first quarter valued at $235,000. Finally, Segall Bryant & Hamill LLC increased its holdings in shares of GXO Logistics by 9.6% during the first quarter. Segall Bryant & Hamill LLC now owns 261,426 shares of the company’s stock valued at $13,555,000 after acquiring an additional 22,940 shares in the last quarter. Institutional investors own 90.67% of the company’s stock.
GXO Logistics Company 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.
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