VIRGINIA RETIREMENT SYSTEMS ET Al Raises Stock Position in GXO Logistics, Inc. $GXO

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in GXO Logistics, Inc. (NYSE:GXO) by 135.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,241 shares of the company’s stock after buying an additional 21,400 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in GXO Logistics were worth $1,960,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC lifted its holdings in shares of GXO Logistics by 1.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,319 shares of the company’s stock worth $599,000 after acquiring an additional 202 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of GXO Logistics by 14.3% in the 4th quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock worth $86,000 after acquiring an additional 205 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of GXO Logistics by 22.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after acquiring an additional 219 shares during the last quarter. First Bank & Trust lifted its holdings in shares of GXO Logistics by 4.0% in the 4th quarter. First Bank & Trust now owns 5,696 shares of the company’s stock worth $300,000 after acquiring an additional 219 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of GXO Logistics by 11.4% in the 4th quarter. CWM LLC now owns 2,350 shares of the company’s stock worth $124,000 after acquiring an additional 240 shares during the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Trading Down 3.5%

Shares of GXO opened at $48.20 on Friday. GXO Logistics, Inc. has a 1-year low of $39.33 and a 1-year high of $66.85. The company has a 50-day moving average of $53.78 and a 200 day moving average of $54.90. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 42.28, a PEG ratio of 1.66 and a beta of 1.62. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.22 billion. During the same quarter last year, the business posted $0.29 EPS. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, research analysts expect that GXO Logistics, Inc. will post 3.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on GXO shares. Wells Fargo & Company lowered their target price on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Weiss Ratings lowered shares of GXO Logistics from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Wall Street Zen upgraded shares of GXO Logistics from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Morgan Stanley restated an “overweight” rating and issued a $75.00 target price on shares of GXO Logistics in a report on Tuesday, February 17th. Finally, Oppenheimer reiterated an “outperform” rating and set a $70.00 price objective on shares of GXO Logistics in a report on Thursday, February 12th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $68.83.

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.