GXO Logistics Sees Unusually Large Options Volume (NYSE:GXO)

GXO Logistics, Inc. (NYSE:GXO) was the target of some unusual options trading on Thursday. Stock investors acquired 20,035 put options on the company. This is an increase of 805% compared to the typical volume of 2,213 put options.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on GXO shares. Truist Financial cut their price target on GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. The Goldman Sachs Group raised shares of GXO Logistics from a “neutral” rating to a “buy” rating and set a $61.00 target price on the stock in a research report on Wednesday, October 14th. UBS Group reduced their price target on shares of GXO Logistics from $74.00 to $64.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Weiss Ratings raised shares of GXO Logistics from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 16th. Finally, Wall Street Zen cut GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $63.29.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Rokos Capital Management LLP purchased a new stake in GXO Logistics in the first quarter valued at approximately $21,315,000. Dimensional Fund Advisors LP boosted its position in GXO Logistics by 8.3% in 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. Assenagon Asset Management S.A. purchased a new stake in shares of GXO Logistics during the third quarter worth $16,055,000. Engineers Gate Manager LP raised its stake in shares of GXO Logistics by 50.1% in the second quarter. Engineers Gate Manager LP now owns 644,807 shares of the company’s stock valued at $32,692,000 after acquiring an additional 215,269 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of GXO Logistics by 9,900.6% in the first quarter. Fifth Third Bancorp now owns 126,608 shares of the company’s stock valued at $6,565,000 after acquiring an additional 125,342 shares in the last quarter. Hedge funds and other institutional investors own 90.67% of the company’s stock.

GXO Logistics Stock Performance

Shares of GXO Logistics stock traded up $0.54 during midday trading on Thursday, hitting $49.92. The company had a trading volume of 957,360 shares, compared to its average volume of 1,327,615. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. GXO Logistics has a 12-month low of $43.61 and a 12-month high of $66.85. The stock has a market cap of $5.72 billion, a price-to-earnings ratio of 44.17, a PEG ratio of 1.51 and a beta of 1.57. The company has a fifty day simple moving average of $46.69 and a 200 day simple moving average of $51.90.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.58 by $0.01. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The business had revenue of $3.44 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same period in the previous year, the firm posted $0.57 earnings per share. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, analysts predict that GXO Logistics will post 3.05 earnings per share for the current fiscal year.

GXO Logistics Company Profile

GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO’s logistics segment and began operating as an independent public company in 2021.