GXO Logistics, Inc. $GXO Stock Position Decreased by Legal & General Group Plc

Legal & General Group Plc cut its stake in shares of GXO Logistics, Inc. (NYSE:GXO) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 362,109 shares of the company’s stock after selling 15,031 shares during the quarter. Legal & General Group Plc’s holdings in GXO Logistics were worth $19,061,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Allworth Financial LP boosted its stake in shares of GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after acquiring an additional 329 shares in the last quarter. Accredited Wealth Management LLC boosted its stake in shares of GXO Logistics by 1,100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after acquiring an additional 550 shares in the last quarter. Chapman Financial Group LLC bought a new stake in shares of GXO Logistics during the 2nd quarter worth $34,000. Fifth Third Bancorp boosted its stake in shares of GXO Logistics by 22.0% during 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 in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of GXO Logistics by 85.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after acquiring an additional 653 shares in the last quarter. 90.67% of the stock is owned by institutional investors.

GXO Logistics Price Performance

Shares of NYSE:GXO opened at $49.98 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. GXO Logistics, Inc. has a 1 year low of $39.92 and a 1 year high of $66.85. The business has a fifty day simple moving average of $52.47 and a 200 day simple moving average of $54.50. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of 43.85, a P/E/G ratio of 1.66 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 earnings per share (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 analyst estimates of $3.22 billion. During the same period last year, the company earned $0.29 earnings per share. GXO Logistics’s quarterly 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. As a group, sell-side analysts predict that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on GXO. The Goldman Sachs Group lowered GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price objective for the company. in a research note on Wednesday, March 4th. Citigroup raised their price objective on GXO Logistics from $66.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Susquehanna reaffirmed a “positive” rating and issued a $82.00 target price on shares of GXO Logistics in a research report on Thursday, February 12th. Oppenheimer reaffirmed an “outperform” rating and issued a $70.00 target price on shares of GXO Logistics in a research report on Thursday, February 12th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $75.00 target price on shares of GXO Logistics in a research report on Tuesday, February 17th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $69.92.

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.