William Blair Investment Management LLC Sells 42,405 Shares of GXO Logistics, Inc. $GXO

William Blair Investment Management LLC cut its holdings in GXO Logistics, Inc. (NYSE:GXO) by 6.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 618,514 shares of the company’s stock after selling 42,405 shares during the period. William Blair Investment Management LLC’s holdings in GXO Logistics were worth $32,559,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC boosted its holdings in GXO Logistics by 1.8% in the third quarter. Ashton Thomas Private Wealth LLC now owns 11,319 shares of the company’s stock worth $599,000 after purchasing an additional 202 shares in the last quarter. GAMMA Investing LLC boosted its holdings in GXO Logistics by 14.3% in the fourth quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock worth $86,000 after purchasing an additional 205 shares in the last quarter. Fifth Third Bancorp boosted its holdings in GXO Logistics by 22.0% in the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after purchasing an additional 219 shares in the last quarter. First Bank & Trust boosted its holdings in GXO Logistics by 4.0% in the fourth quarter. First Bank & Trust now owns 5,696 shares of the company’s stock worth $300,000 after purchasing an additional 219 shares in the last quarter. Finally, CWM LLC boosted its holdings in GXO Logistics by 11.4% in the fourth quarter. CWM LLC now owns 2,350 shares of the company’s stock worth $124,000 after purchasing an additional 240 shares in the last quarter. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Stock Performance

NYSE:GXO opened at $47.47 on Monday. GXO Logistics, Inc. has a 12-month low of $39.33 and a 12-month high of $66.85. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $5.46 billion, a PE ratio of 41.64, a price-to-earnings-growth ratio of 1.58 and a beta of 1.62. The firm has a 50-day moving average price of $52.87 and a 200 day moving average price of $54.62.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.22 billion. During the same quarter in the prior year, the business posted $0.29 earnings per share. The company’s quarterly 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. Research analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GXO. Wall Street Zen cut shares of GXO Logistics from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group upped their price target on shares of GXO Logistics from $63.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Oppenheimer restated an “outperform” rating and set a $70.00 price target on shares of GXO Logistics in a report on Thursday, February 12th. Morgan Stanley restated an “overweight” rating and set a $75.00 price target on shares of GXO Logistics in a report on Tuesday, February 17th. Finally, Stifel Nicolaus set a $71.00 price target on shares of GXO Logistics in a report on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.83.

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.