19,800 Shares in GXO Logistics, Inc. $GXO Purchased by South Dakota Investment Council

South Dakota Investment Council purchased a new stake in GXO Logistics, Inc. (NYSE:GXO) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,800 shares of the company’s stock, valued at approximately $1,027,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of GXO. Allworth Financial LP increased its holdings in GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after purchasing an additional 329 shares during the period. Chapman Financial Group LLC bought a new stake in GXO Logistics during the 2nd quarter valued at $34,000. Farther Finance Advisors LLC lifted its holdings in shares of GXO Logistics by 85.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after buying an additional 653 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of GXO Logistics by 4,775.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after buying an additional 1,958 shares during the period. Finally, Danske Bank A S bought a new position in shares of GXO Logistics during the 3rd quarter worth $79,000. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Price Performance

NYSE GXO opened at $50.22 on Friday. The firm’s fifty day simple moving average is $50.62 and its two-hundred day simple moving average is $54.09. The firm has a market capitalization of $5.78 billion, a P/E ratio of 44.05, a P/E/G ratio of 1.67 and a beta of 1.55. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. GXO Logistics, Inc. has a 12-month low of $45.40 and a 12-month high of $66.85.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.37 by $0.13. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.22 billion. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.29 EPS. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Analysts forecast that GXO Logistics, Inc. will post 3.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on GXO shares. Wall Street Zen cut shares of GXO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Wells Fargo & Company assumed coverage on GXO Logistics in a research report on Tuesday. They set an “overweight” rating and a $18.00 target price on the stock. Morgan Stanley lifted their price target on GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Barclays upgraded GXO Logistics from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Finally, Citigroup assumed coverage on shares of GXO Logistics in a report on Wednesday, July 15th. They issued a “market outperform” rating for the company. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $66.71.

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.