GATX (NYSE:GATX) SVP Sells $295,470.00 in Stock

GATX Corporation (NYSE:GATX) SVP Aken Jennifer Van sold 1,800 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $164.15, for a total transaction of $295,470.00. Following the completion of the transaction, the senior vice president directly owned 5,912 shares of the company’s stock, valued at $970,454.80. This trade represents a 23.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

GATX Stock Up 1.5%

Shares of GATX traded up $2.57 during trading hours on Thursday, hitting $169.78. The company had a trading volume of 151,299 shares, compared to its average volume of 156,104. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 3.26. The company has a market capitalization of $6.06 billion, a PE ratio of 19.83 and a beta of 1.17. GATX Corporation has a one year low of $139.44 and a one year high of $178.26. The company’s fifty day moving average price is $162.53 and its two-hundred day moving average price is $160.79.

GATX (NYSE:GATX) last released its quarterly earnings results on Tuesday, October 21st. The transportation company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.32 by ($0.22). GATX had a net margin of 18.35% and a return on equity of 11.62%. The firm had revenue of $439.30 million during the quarter, compared to the consensus estimate of $435.21 million. During the same quarter in the prior year, the business posted $2.43 earnings per share. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. As a group, equities analysts forecast that GATX Corporation will post 8.5 earnings per share for the current fiscal year.

GATX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.61 dividend. The ex-dividend date is Monday, December 15th. This represents a $2.44 dividend on an annualized basis and a yield of 1.4%. GATX’s dividend payout ratio (DPR) is 28.50%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on GATX shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GATX in a research report on Wednesday, October 8th. Citigroup raised their price target on shares of GATX from $191.00 to $192.00 and gave the stock a “buy” rating in a report on Monday, November 24th. Finally, Susquehanna lifted their price objective on shares of GATX from $190.00 to $192.00 and gave the stock a “positive” rating in a research note on Wednesday, October 22nd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $192.00.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Larson Financial Group LLC boosted its holdings in GATX by 364.5% in the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 113 shares during the last quarter. Community Bank N.A. purchased a new position in shares of GATX during the 3rd quarter valued at about $27,000. Ameriflex Group Inc. acquired a new position in shares of GATX in the 3rd quarter valued at about $27,000. Hantz Financial Services Inc. lifted its holdings in shares of GATX by 434.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 187 shares of the transportation company’s stock valued at $29,000 after buying an additional 152 shares during the period. Finally, BOKF NA boosted its stake in shares of GATX by 1,117.6% in the third quarter. BOKF NA now owns 207 shares of the transportation company’s stock worth $36,000 after buying an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

About GATX

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.