UBS Group AG Trims Stock Position in GATX Corporation $GATX

UBS Group AG decreased its position in GATX Corporation (NYSE:GATX) by 7.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 111,906 shares of the transportation company’s stock after selling 8,717 shares during the period. UBS Group AG’s holdings in GATX were worth $18,979,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in GATX by 0.5% in the second quarter. Bank of America Corp DE now owns 1,219,746 shares of the transportation company’s stock worth $187,304,000 after buying an additional 6,104 shares in the last quarter. American Century Companies Inc. raised its position in shares of GATX by 5.1% in the 3rd quarter. American Century Companies Inc. now owns 1,137,000 shares of the transportation company’s stock worth $198,748,000 after acquiring an additional 55,609 shares in the last quarter. Sei Investments Co. lifted its stake in shares of GATX by 2.8% during the 3rd quarter. Sei Investments Co. now owns 949,877 shares of the transportation company’s stock worth $166,038,000 after purchasing an additional 25,440 shares during the last quarter. Alliancebernstein L.P. boosted its position in GATX by 681.7% during the third quarter. Alliancebernstein L.P. now owns 574,333 shares of the transportation company’s stock valued at $100,393,000 after purchasing an additional 500,857 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its position in GATX by 6.7% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 485,610 shares of the transportation company’s stock valued at $82,359,000 after purchasing an additional 30,600 shares in the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $222.00 target price on shares of GATX in a report on Thursday. Citigroup raised shares of GATX from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $210.00 to $211.00 in a research report on Wednesday, April 8th. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a research report on Tuesday, April 21st. Finally, Susquehanna lowered their target price on shares of GATX from $220.00 to $218.00 and set a “positive” rating for the company in a research note on Friday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $217.00.

Insider Activity

In related news, SVP Jeffery R. Young sold 2,595 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $196.29, for a total value of $509,372.55. Following the transaction, the senior vice president owned 7,700 shares in the company, valued at approximately $1,511,433. This represents a 25.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brian L. Glassberg sold 2,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $198.29, for a total transaction of $396,580.00. Following the completion of the sale, the executive vice president owned 7,041 shares in the company, valued at $1,396,159.89. The trade was a 22.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,795 shares of company stock valued at $1,907,525. Company insiders own 1.86% of the company’s stock.

GATX Stock Performance

GATX opened at $186.96 on Tuesday. The company has a market cap of $6.64 billion, a P/E ratio of 20.06 and a beta of 1.24. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 3.41. The firm’s 50-day moving average price is $182.59 and its 200-day moving average price is $175.73. GATX Corporation has a 52-week low of $143.46 and a 52-week high of $205.56.

GATX (NYSE:GATX) last released its earnings results on Thursday, May 7th. The transportation company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.28 by $0.07. GATX had a net margin of 17.88% and a return on equity of 10.31%. The company had revenue of $583.70 million during the quarter, compared to analysts’ expectations of $599.76 million. During the same period last year, the business earned $2.15 EPS. GATX’s revenue for the quarter was up 38.4% on a year-over-year basis. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. As a group, equities analysts anticipate that GATX Corporation will post 9.8 EPS for the current fiscal year.

GATX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, June 15th. GATX’s payout ratio is presently 28.33%.

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.