Edgestream Partners L.P. Acquires 101,082 Shares of GXO Logistics, Inc. $GXO

Edgestream Partners L.P. lifted its holdings in shares of GXO Logistics, Inc. (NYSE:GXO) by 1,344.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,601 shares of the company’s stock after purchasing an additional 101,082 shares during the period. Edgestream Partners L.P.’s holdings in GXO Logistics were worth $5,631,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors increased its holdings in GXO Logistics by 14.8% during the first quarter. Arkadios Wealth Advisors now owns 17,459 shares of the company’s stock worth $905,000 after buying an additional 2,255 shares during the last quarter. South Dakota Investment Council bought a new position in shares of GXO Logistics during the 1st quarter valued at approximately $1,027,000. Amundi increased its stake in shares of GXO Logistics by 8.9% during the 1st quarter. Amundi now owns 68,432 shares of the company’s stock worth $3,549,000 after purchasing an additional 5,569 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of GXO Logistics by 21.7% during the 1st quarter. California State Teachers Retirement System now owns 133,770 shares of the company’s stock worth $6,936,000 after purchasing an additional 23,817 shares during the last quarter. Finally, Rokos Capital Management LLP bought a new stake in shares of GXO Logistics in the 1st quarter worth approximately $21,315,000. Institutional investors own 90.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on GXO. Wells Fargo & Company initiated coverage on GXO Logistics in a report on Tuesday. They set an “overweight” rating and a $18.00 price objective for the company. Citizens Jmp began coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 price objective for the company. Stifel Nicolaus lowered their price objective on GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Weiss Ratings raised shares of GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Finally, Wall Street Zen lowered shares of GXO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, GXO Logistics presently has a consensus rating of “Moderate Buy” and an average target price of $66.71.

GXO Logistics Stock Performance

NYSE:GXO opened at $50.45 on Friday. The business’s 50-day moving average price is $50.57 and its two-hundred day moving average price is $54.12. GXO Logistics, Inc. has a twelve month low of $45.40 and a twelve month high of $66.85. The stock has a market cap of $5.80 billion, a P/E ratio of 44.26, a PEG ratio of 1.70 and a beta of 1.55. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data 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%.GXO Logistics’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. As a group, equities analysts predict that GXO Logistics, Inc. will post 3.07 EPS for the current fiscal year.

About GXO Logistics

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.