18,685 Shares in GATX Corporation $GATX Bought by Quantbot Technologies LP

Quantbot Technologies LP acquired a new position in shares of GATX Corporation (NYSE:GATX) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,685 shares of the transportation company’s stock, valued at approximately $3,311,000.

A number of other hedge funds have also bought and sold shares of the company. Larson Financial Group LLC lifted its holdings in shares of GATX by 364.5% in the 3rd 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 last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in GATX in the 4th quarter worth about $27,000. Los Angeles Capital Management LLC bought a new stake in GATX in the fourth quarter worth about $27,000. Rothschild Investment LLC lifted 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 during the last quarter. Finally, Assetmark Inc. lifted its stake in GATX by 50.8% in the first quarter. Assetmark Inc. now owns 196 shares of the transportation company’s stock worth $33,000 after purchasing an additional 66 shares during the last quarter. Institutional investors own 93.14% of the company’s stock.

Analysts Set New Price Targets

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

GATX Trading Down 0.1%

NYSE:GATX opened at $176.83 on Monday. The firm has a market cap of $6.24 billion, a P/E ratio of 17.51 and a beta of 1.17. GATX Corporation has a one year low of $150.42 and a one year high of $205.56. 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 firm has a 50-day simple moving average of $178.55 and a 200-day simple moving average of $180.40.

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

GATX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. GATX’s dividend payout ratio (DPR) is currently 26.14%.

Insider Activity

In other news, CFO Thomas A. Ellman sold 18,200 shares of GATX stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $180.08, for a total transaction of $3,277,456.00. Following the completion of the sale, the chief financial officer directly owned 34,361 shares in the company, valued at approximately $6,187,728.88. The trade was a 34.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.86% of the company’s stock.

GATX 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.