Jupiter Topco LLC Invests $25.36 Million in GATX Corporation $GATX

Jupiter Topco LLC acquired a new stake in shares of GATX Corporation (NYSE:GATX) during the 2nd quarter, Holdings Channel reports. The fund acquired 143,133 shares of the transportation company’s stock, valued at approximately $25,363,000.

A number of other large investors also recently modified their holdings of the company. Northwestern Mutual Investment Management Company LLC boosted its holdings in GATX by 0.7% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 7,988 shares of the transportation company’s stock worth $1,355,000 after buying an additional 53 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in GATX by 0.8% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 6,310 shares of the transportation company’s stock valued at $1,070,000 after acquiring an additional 53 shares during the period. EverSource Wealth Advisors LLC raised its holdings in GATX by 8.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 702 shares of the transportation company’s stock valued at $119,000 after acquiring an additional 55 shares during the period. Assetmark Inc. lifted its position in shares of GATX by 50.8% in the first quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 66 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in shares of GATX by 26.5% in the third quarter. Brown Brothers Harriman & Co. now owns 315 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on GATX shares. Weiss Ratings cut GATX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Susquehanna boosted their price target on GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a report on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating and issued a $222.00 price target on shares of GATX in a research note on Thursday, May 7th. Finally, Citigroup increased their price objective on shares of GATX from $214.00 to $215.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $219.00.

Insider Transactions at GATX

In related news, CFO Thomas A. Ellman sold 18,200 shares of GATX stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $180.08, for a total value of $3,277,456.00. Following the completion of the transaction, the chief financial officer owned 34,361 shares in the company, valued at approximately $6,187,728.88. This trade represents a 34.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Eren Doygun sold 1,000 shares of GATX stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $179.52, for a total value of $179,520.00. Following the completion of the transaction, the senior vice president owned 5,323 shares of the company’s stock, valued at approximately $955,584.96. This represents a 15.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.86% of the company’s stock.

GATX Stock Down 0.5%

Shares of GATX opened at $177.55 on Friday. The company has a debt-to-equity ratio of 3.44, a current ratio of 3.90 and a quick ratio of 3.90. The stock has a market capitalization of $6.27 billion, a price-to-earnings ratio of 17.58 and a beta of 1.17. GATX Corporation has a 1 year low of $150.42 and a 1 year high of $205.56. The business’s 50 day simple moving average is $178.78 and its 200-day simple moving average is $180.15.

GATX (NYSE:GATX) last posted its earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.38. GATX had a net margin of 17.94% and a return on equity of 10.43%. The firm had revenue of $580.10 million during the quarter, compared to analyst estimates of $598.77 million. During the same period last year, the firm posted $2.06 earnings per share. GATX’s revenue for the quarter was up 34.8% compared to the same quarter last year. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. As a group, equities analysts expect that GATX Corporation will post 10.1 earnings per share for the current fiscal year.

GATX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.66 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. GATX’s payout ratio is 26.14%.

GATX Company 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.