Natixis Advisors LLC Sells 22,426 Shares of GATX Corporation $GATX

Natixis Advisors LLC trimmed its position in GATX Corporation (NYSE:GATX) by 7.9% in the 4th quarter, Holdings Channel reports. The firm owned 260,123 shares of the transportation company’s stock after selling 22,426 shares during the quarter. Natixis Advisors LLC’s holdings in GATX were worth $44,117,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC boosted its holdings in GATX by 364.5% in the 3rd quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 113 shares during the period. Community Bank N.A. bought a new position in GATX in the 3rd quarter valued at $27,000. Ameriflex Group Inc. bought a new position in GATX in the 3rd quarter valued at $27,000. Rothschild Investment LLC boosted its holdings in GATX by 127.6% in the 4th quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 97 shares during the period. Finally, Elevation Wealth Partners LLC bought a new position in GATX in the 4th quarter valued at $32,000. 93.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on GATX. Susquehanna cut their price target on shares of GATX from $220.00 to $218.00 and set a “positive” rating for the company in a report on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of GATX in a research report on Tuesday, April 21st. Citigroup upgraded shares of GATX from a “neutral” rating to a “buy” rating and raised their price objective for the company from $210.00 to $211.00 in a research report on Wednesday, April 8th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $222.00 price objective on shares of GATX in a research report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, GATX has an average rating of “Buy” and an average target price of $217.00.

GATX Stock Performance

GATX stock opened at $166.93 on Thursday. The firm’s fifty day moving average price is $181.70 and its 200-day moving average price is $177.46. The company has a debt-to-equity ratio of 3.41, a quick ratio of 3.91 and a current ratio of 3.91. The stock has a market cap of $5.93 billion, a P/E ratio of 17.91 and a beta of 1.17. GATX Corporation has a fifty-two week low of $148.20 and a fifty-two week high of $205.56.

GATX (NYSE:GATX) last posted its quarterly earnings data on Thursday, May 7th. The transportation company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.07. The firm had revenue of $583.70 million for the quarter, compared to analysts’ expectations of $599.76 million. GATX had a net margin of 17.88% and a return on equity of 10.31%. The business’s quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter last year, the company posted $2.15 EPS. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. On average, equities research analysts expect that GATX Corporation will post 9.8 earnings per share for the current fiscal year.

GATX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, June 15th. GATX’s dividend payout ratio (DPR) is presently 28.33%.

About GATX

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.