GXO Logistics, Inc. $GXO Holdings Decreased by Entropy Technologies LP

Entropy Technologies LP trimmed its holdings in shares of GXO Logistics, Inc. (NYSE:GXO) by 40.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 21,723 shares of the company’s stock after selling 14,844 shares during the period. Entropy Technologies LP’s holdings in GXO Logistics were worth $1,126,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Orbis Allan Gray Ltd increased its stake in GXO Logistics by 0.3% in the 4th quarter. Orbis Allan Gray Ltd now owns 13,424,844 shares of the company’s stock valued at $706,684,000 after buying an additional 37,035 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of GXO Logistics by 3,222,426.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock valued at $593,791,000 after buying an additional 11,697,409 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of GXO Logistics by 8.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock valued at $252,318,000 after buying an additional 371,391 shares during the period. Focus Partners Wealth purchased a new position in shares of GXO Logistics during the 4th quarter valued at $181,648,000. Finally, Alliancebernstein L.P. grew its holdings in shares of GXO Logistics by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock valued at $133,287,000 after acquiring an additional 225,603 shares in the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Stock Up 0.9%

GXO stock opened at $53.17 on Tuesday. The firm has a market cap of $6.12 billion, a PE ratio of 46.64, a PEG ratio of 1.74 and a beta of 1.55. GXO Logistics, Inc. has a 1 year low of $45.40 and a 1 year high of $66.85. The company has a fifty day simple moving average of $50.26 and a 200 day simple moving average of $54.21. 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 (NYSE:GXO) last posted its earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating 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 company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.22 billion. During the same period last year, the company earned $0.29 earnings per share. The business’s 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. Sell-side analysts anticipate that GXO Logistics, Inc. will post 3.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on GXO shares. Stifel Nicolaus cut their price objective on GXO Logistics from $71.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Weiss Ratings downgraded GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Citigroup started coverage on GXO Logistics in a research report on Wednesday, July 15th. They issued a “market outperform” rating on the stock. Citizens Jmp assumed coverage on GXO Logistics in a research note on Wednesday, July 15th. They set a “market perform” rating and a $80.00 price target for the company. Finally, Wall Street Zen cut GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Twelve investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, GXO Logistics currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.07.

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.