Motley Fool Wealth Management LLC Sells 19,625 Shares of GXO Logistics, Inc. $GXO

Motley Fool Wealth Management LLC reduced its stake in GXO Logistics, Inc. (NYSE:GXOFree Report) by 14.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 116,604 shares of the company’s stock after selling 19,625 shares during the quarter. Motley Fool Wealth Management LLC owned approximately 0.10% of GXO Logistics worth $6,138,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Motley Fool Asset Management LLC raised its holdings in GXO Logistics by 16.4% in the 4th quarter. Motley Fool Asset Management LLC now owns 178,946 shares of the company’s stock worth $9,420,000 after purchasing an additional 25,247 shares during the period. Fox Run Management L.L.C. purchased a new stake in GXO Logistics in the 4th quarter worth $485,000. TIAA Trust National Association increased its stake in GXO Logistics by 7.8% in the 4th quarter. TIAA Trust National Association now owns 5,073 shares of the company’s stock worth $267,000 after buying an additional 369 shares in the last quarter. LPL Financial LLC increased its stake in GXO Logistics by 7.3% in the 4th quarter. LPL Financial LLC now owns 75,777 shares of the company’s stock worth $3,989,000 after buying an additional 5,135 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in GXO Logistics by 29.0% in the 4th quarter. Franklin Resources Inc. now owns 8,051 shares of the company’s stock worth $424,000 after buying an additional 1,809 shares in the last quarter. 90.67% of the stock is owned by institutional investors.

GXO Logistics Trading Up 2.2%

GXO opened at $50.19 on Wednesday. The firm has a market cap of $5.77 billion, a P/E ratio of 44.03, a P/E/G ratio of 1.63 and a beta of 1.56. GXO Logistics, Inc. has a 12 month low of $42.49 and a 12 month high of $66.85. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. The stock has a 50-day moving average of $52.27 and a 200 day moving average of $54.52.

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on GXO. Morgan Stanley reiterated an “overweight” rating and issued a $75.00 price target on shares of GXO Logistics in a research note on Tuesday, February 17th. Wells Fargo & Company cut their price target on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. The Goldman Sachs Group lowered GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target for the company. in a research note on Wednesday, March 4th. Wall Street Zen upgraded GXO Logistics from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Finally, Citigroup raised their price objective on GXO Logistics from $66.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Eleven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, GXO Logistics presently has an average rating of “Moderate Buy” and a consensus price target of $69.92.

Get Our Latest Report on GXO Logistics

GXO Logistics Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for GXO Logistics (NYSE:GXO)

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