Resources Management Corp CT ADV Purchases 10,376 Shares of GXO Logistics, Inc. $GXO

Resources Management Corp CT ADV lifted its position in shares of GXO Logistics, Inc. (NYSE:GXO) by 110.7% in the 4th quarter, Holdings Channel reports. The fund owned 19,749 shares of the company’s stock after buying an additional 10,376 shares during the quarter. Resources Management Corp CT ADV’s holdings in GXO Logistics were worth $1,040,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of GXO Logistics by 3,222,426.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock worth $593,791,000 after acquiring an additional 11,697,409 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of GXO Logistics by 6.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,495,476 shares of the company’s stock worth $236,646,000 after acquiring an additional 289,142 shares during the period. Focus Partners Wealth bought a new position in shares of GXO Logistics during the 4th quarter worth $181,648,000. Alliancebernstein L.P. grew its stake in shares of GXO Logistics by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock worth $133,287,000 after acquiring an additional 225,603 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of GXO Logistics by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 2,032,068 shares of the company’s stock worth $106,991,000 after acquiring an additional 21,933 shares during the period. Institutional investors own 90.67% of the company’s stock.

Analyst Ratings Changes

GXO has been the subject of several research reports. The Goldman Sachs Group downgraded GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target for the company. in a research note on Wednesday, March 4th. Barclays upgraded GXO Logistics from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $58.00 to $65.00 in a research note on Wednesday, May 27th. Wall Street Zen upgraded GXO Logistics from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Wells Fargo & Company cut their target price on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Finally, Stifel Nicolaus set a $71.00 target price on GXO Logistics in a research note on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $69.92.

GXO Logistics Stock Down 0.2%

Shares of NYSE GXO opened at $49.61 on Monday. GXO Logistics, Inc. has a 52 week low of $42.49 and a 52 week high of $66.85. The business has a 50-day simple moving average of $52.13 and a two-hundred day simple moving average of $54.56. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. The company has a market cap of $5.71 billion, a P/E ratio of 43.52, a P/E/G ratio of 1.65 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last issued its earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.22 billion. During the same quarter last year, the company earned $0.29 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Research analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

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.