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

Natixis Advisors LLC reduced its stake in shares of GATX Corporation (NYSE:GATX) by 7.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 260,123 shares of the transportation company’s stock after selling 22,426 shares during the period. Natixis Advisors LLC owned about 0.73% of GATX worth $44,117,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Investment Management Company LLC grew its position in shares of GATX by 0.7% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 7,988 shares of the transportation company’s stock valued at $1,355,000 after acquiring an additional 53 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of GATX by 8.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 702 shares of the transportation company’s stock valued at $119,000 after acquiring an additional 55 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of GATX by 26.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 315 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 66 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of GATX by 41.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 237 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 70 shares during the period. Finally, Vident Advisory LLC grew its position in shares of GATX by 2.6% during the 3rd quarter. Vident Advisory LLC now owns 2,824 shares of the transportation company’s stock valued at $494,000 after acquiring an additional 72 shares during the period. 93.14% of the stock is owned by institutional investors.

GATX Stock Down 0.4%

GATX opened at $166.93 on Thursday. The company has a 50 day moving average of $181.70 and a 200 day moving average of $177.46. The company has a market cap of $5.93 billion, a PE ratio of 17.91 and a beta of 1.17. GATX Corporation has a 12 month low of $148.20 and a 12 month high of $205.56. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 3.41.

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

GATX Announces Dividend

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Susquehanna reduced their target price on shares of GATX from $220.00 to $218.00 and set a “positive” rating for the company in a research report on Friday, May 8th. Citigroup raised shares of GATX from a “neutral” rating to a “buy” rating and increased their target price for the company from $210.00 to $211.00 in a research report on Wednesday, April 8th. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a research report on Tuesday, April 21st. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $222.00 target price on shares of GATX in a research report on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $217.00.

GATX Profile

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.