Moore Capital Management LP Acquires Shares of 224,968 GXO Logistics, Inc. $GXO

Moore Capital Management LP acquired a new stake in GXO Logistics, Inc. (NYSE:GXO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 224,968 shares of the company’s stock, valued at approximately $11,842,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its position in GXO Logistics by 175.0% in the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the last quarter. Accredited Wealth Management LLC boosted its position in GXO Logistics by 1,100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after buying an additional 550 shares during the last quarter. Chapman Financial Group LLC purchased a new position in GXO Logistics in the 2nd quarter valued at about $34,000. Fifth Third Bancorp boosted its position in GXO Logistics by 22.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock valued at $64,000 after buying an additional 219 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in GXO Logistics by 85.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock valued at $75,000 after buying an additional 653 shares during the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Stock Performance

Shares of GXO stock opened at $48.13 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.85 and a current ratio of 0.85. GXO Logistics, Inc. has a one year low of $42.61 and a one year high of $66.85. The company’s 50-day simple moving average is $51.92 and its 200-day simple moving average is $54.54. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 42.22, a PEG ratio of 1.66 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last issued 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. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.22 billion. During the same quarter last year, the company posted $0.29 earnings per share. The company’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. Equities analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GXO has been the subject of a number of analyst reports. Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. The Goldman Sachs Group cut shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price objective for the company. in a research report on Wednesday, March 4th. Weiss Ratings cut shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Stifel Nicolaus set a $71.00 price objective on shares of GXO Logistics in a research report on Thursday, May 7th. Finally, Wall Street Zen raised shares of GXO Logistics from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Eleven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, GXO Logistics currently has an average rating of “Moderate Buy” and an average price target of $69.92.

GXO Logistics 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.