Sei Investments Co. Lowers Holdings in GATX Corporation $GATX

Sei Investments Co. trimmed its stake in GATX Corporation (NYSE:GATX) by 0.7% during the 1st quarter, HoldingsChannel reports. The fund owned 764,042 shares of the transportation company’s stock after selling 5,294 shares during the quarter. Sei Investments Co.’s holdings in GATX were worth $130,453,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. State of Wyoming increased its holdings in shares of GATX by 63.8% during the first quarter. State of Wyoming now owns 1,063 shares of the transportation company’s stock valued at $181,000 after acquiring an additional 414 shares in the last quarter. Cetera Investment Advisers raised its position in shares of GATX by 12.7% in the 1st quarter. Cetera Investment Advisers now owns 9,209 shares of the transportation company’s stock worth $1,572,000 after purchasing an additional 1,038 shares during the last quarter. First Trust Advisors LP boosted its stake in GATX by 117.7% in the 1st quarter. First Trust Advisors LP now owns 69,234 shares of the transportation company’s stock worth $11,821,000 after purchasing an additional 37,438 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in GATX by 5.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,951 shares of the transportation company’s stock worth $1,016,000 after purchasing an additional 313 shares in the last quarter. Finally, Swiss National Bank grew its position in GATX by 0.6% during the 1st quarter. Swiss National Bank now owns 67,100 shares of the transportation company’s stock valued at $11,457,000 after purchasing an additional 400 shares during the last quarter. 93.14% of the stock is owned by hedge funds and other institutional investors.

GATX Trading Up 1.8%

GATX stock opened at $183.51 on Friday. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 3.41. The company has a market cap of $6.51 billion, a P/E ratio of 19.69 and a beta of 1.17. The business has a 50-day simple moving average of $174.87 and a two-hundred day simple moving average of $180.33. GATX Corporation has a 52-week low of $148.20 and a 52-week high of $205.56.

GATX (NYSE:GATX) last announced its earnings results on Thursday, May 7th. The transportation company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.28 by $0.07. GATX had a net margin of 17.88% and a return on equity of 10.31%. The company had revenue of $583.70 million during the quarter, compared to analyst estimates of $599.76 million. During the same period in the previous year, the business posted $2.15 earnings per share. The firm’s quarterly revenue was up 38.4% compared to the same quarter last year. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Analysts predict that GATX Corporation will post 9.8 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of GATX in a research note on Friday, July 17th. Susquehanna dropped their target price on shares of GATX from $220.00 to $218.00 and set a “positive” rating on the stock in a research note on Friday, May 8th. Citigroup increased their price target on shares of GATX from $211.00 to $214.00 and gave the company a “buy” rating in a report on Monday, July 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $222.00 price target on shares of GATX in a research report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $218.00.

GATX Profile

GATX Corporation (NYSE: GATX) is a global railcar leasing and asset management company headquartered in Chicago, Illinois. Founded in 1898 as General American Transportation Corporation, GATX has grown into one of the world’s leading lessors of railcars, marine vessels and industrial assets. The company’s core business focuses on leasing and managing high-value equipment for customers in the energy, industrial, chemical, agricultural and metals markets.

In its Rail North America segment, GATX owns and manages a diverse fleet of more than 60,000 railcars, including tank cars, covered hoppers, boxcars and flatcars.