Insider Selling: GATX (NYSE:GATX) SVP Sells $179,520.00 in Stock

GATX Corporation (NYSE:GATX) SVP Eren Doygun sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $179.52, for a total value of $179,520.00. Following the completion of the sale, the senior vice president directly owned 5,323 shares of the company’s stock, valued at $955,584.96. The trade was a 15.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

GATX Price Performance

Shares of GATX stock opened at $177.55 on Friday. The stock has a market cap of $6.27 billion, a price-to-earnings ratio of 17.58 and a beta of 1.17. The company has a debt-to-equity ratio of 3.44, a quick ratio of 3.90 and a current ratio of 3.90. The stock has a 50 day moving average price of $178.78 and a 200-day moving average price of $180.15. GATX Corporation has a one year low of $150.42 and a one year high of $205.56.

GATX (NYSE:GATX) last posted its quarterly earnings data on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.38. The business had revenue of $580.10 million for the quarter, compared to analysts’ expectations of $598.77 million. GATX had a net margin of 17.94% and a return on equity of 10.43%. The business’s revenue was up 34.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.06 earnings per share. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Equities analysts expect that GATX Corporation will post 10.1 EPS for the current year.

GATX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 15th. GATX’s dividend payout ratio is 26.14%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Citigroup boosted their target price on GATX from $214.00 to $215.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $222.00 price target on shares of GATX in a report on Thursday, May 7th. Susquehanna raised their price target on GATX from $218.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, July 31st. Finally, Weiss Ratings cut GATX from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $219.00.

Institutional Investors Weigh In On GATX

Large investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC increased its position in shares of GATX by 364.5% during the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company’s stock worth $25,000 after acquiring an additional 113 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of GATX in the fourth quarter valued at approximately $27,000. Los Angeles Capital Management LLC purchased a new stake in shares of GATX in the fourth quarter valued at approximately $27,000. Rothschild Investment LLC grew its stake in GATX by 127.6% in the fourth quarter. Rothschild Investment LLC now owns 173 shares of the transportation company’s stock worth $29,000 after purchasing an additional 97 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in GATX in the second quarter worth approximately $32,000. 93.14% of the stock is owned by hedge funds and other institutional investors.

GATX Company 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.