Epoch Investment Partners Inc. Takes Position in QXO, Inc. (NASDAQ:QXO)

Epoch Investment Partners Inc. bought a new position in QXO, Inc. (NASDAQ:QXO) in the fourth quarter, Holdings Channel.com reports. The firm bought 41,792 shares of the company’s stock, valued at approximately $664,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QXO. Vanguard Group Inc. lifted its position in QXO by 24.6% during the fourth quarter. Vanguard Group Inc. now owns 10,039,864 shares of the company’s stock valued at $159,634,000 after purchasing an additional 1,979,147 shares during the period. Federated Hermes Inc. purchased a new position in shares of QXO during the 4th quarter valued at about $50,532,000. Geode Capital Management LLC lifted its holdings in shares of QXO by 64,992.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,853,653 shares of the company’s stock valued at $45,019,000 after buying an additional 2,849,269 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of QXO by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,544,224 shares of the company’s stock valued at $24,553,000 after buying an additional 14,073 shares during the period. Finally, Tsai Capital Corp boosted its stake in shares of QXO by 6.3% in the fourth quarter. Tsai Capital Corp now owns 1,275,007 shares of the company’s stock worth $20,273,000 after buying an additional 75,007 shares during the last quarter. Institutional investors and hedge funds own 58.68% of the company’s stock.

QXO Trading Down 7.7 %

Shares of QXO stock opened at $13.17 on Monday. QXO, Inc. has a twelve month low of $10.61 and a twelve month high of $290.00. The stock has a market cap of $5.39 billion, a P/E ratio of -1.44, a P/E/G ratio of 4.09 and a beta of 2.16. The stock has a 50 day moving average of $13.26 and a 200 day moving average of $14.62.

QXO Profile

QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.