GATX Corporation $GATX Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC cut its stake in GATX Corporation (NYSE:GATX) by 93.1% during the 1st quarter, HoldingsChannel reports. The firm owned 255 shares of the transportation company’s stock after selling 3,446 shares during the quarter. Elevated Capital Advisors LLC’s holdings in GATX were worth $44,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Larson Financial Group LLC raised its holdings in shares of GATX by 364.5% during the 3rd quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock valued at $25,000 after buying an additional 113 shares during the period. Community Bank N.A. purchased a new stake in GATX during the 3rd quarter worth $27,000. Caitong International Asset Management Co. Ltd acquired a new position in GATX in the 4th quarter worth $27,000. Los Angeles Capital Management LLC purchased a new position in GATX in the 4th quarter valued at about $27,000. Finally, Rothschild Investment LLC increased its position in shares of GATX by 127.6% during the fourth quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock worth $29,000 after acquiring an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

GATX Stock Up 2.8%

Shares of GATX traded up $4.94 during midday trading on Friday, hitting $179.89. The company had a trading volume of 212,529 shares, compared to its average volume of 244,466. The company’s 50 day moving average price is $176.27 and its 200 day moving average price is $179.82. The stock has a market cap of $6.39 billion, a price-to-earnings ratio of 19.30 and a beta of 1.17. GATX Corporation has a 52 week low of $148.20 and a 52 week high of $205.56. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 3.41.

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

GATX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $0.66 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.64 annualized dividend and a dividend yield of 1.5%. GATX’s dividend payout ratio (DPR) is presently 28.33%.

Wall Street Analyst Weigh In

Several research firms recently commented on GATX. Susquehanna cut their price target on GATX from $220.00 to $218.00 and set a “positive” rating on the stock in a research note on Friday, May 8th. Citigroup upgraded GATX from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $210.00 to $211.00 in a report on Wednesday, April 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $222.00 target price on shares of GATX in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GATX in a research note on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $217.00.

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.