GXO Logistics, Inc. $GXO Stock Acquired by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. grew its holdings in GXO Logistics, Inc. (NYSE:GXO) by 9.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 165,951 shares of the company’s stock after buying an additional 14,385 shares during the period. Pekin Hardy Strauss Inc.’s holdings in GXO Logistics were worth $7,377,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of GXO Logistics by 14.3% during the third quarter. GAMMA Investing LLC now owns 1,841 shares of the company’s stock worth $82,000 after buying an additional 231 shares during the last quarter. Parallel Advisors LLC raised its stake in GXO Logistics by 9.4% during the 1st quarter. Parallel Advisors LLC now owns 2,723 shares of the company’s stock valued at $141,000 after acquiring an additional 233 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in GXO Logistics by 9.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,849 shares of the company’s stock valued at $127,000 after acquiring an additional 245 shares during the last quarter. Hsbc Holdings PLC raised its stake in GXO Logistics by 3.0% during the 1st quarter. Hsbc Holdings PLC now owns 11,953 shares of the company’s stock valued at $620,000 after acquiring an additional 352 shares during the last quarter. Finally, R Squared Ltd lifted its position in GXO Logistics by 8.3% during the 1st quarter. R Squared Ltd now owns 4,932 shares of the company’s stock worth $256,000 after acquiring an additional 377 shares during the period. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Price Performance

Shares of NYSE:GXO opened at $55.30 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.76 and a debt-to-equity ratio of 0.81. The company has a market cap of $6.34 billion, a P/E ratio of 46.86, a PEG ratio of 1.78 and a beta of 1.52. GXO Logistics, Inc. has a 52 week low of $43.61 and a 52 week high of $66.85. The company has a 50-day moving average price of $47.42 and a 200 day moving average price of $51.77.

GXO Logistics (NYSE:GXO) last released its earnings results on Tuesday, November 3rd. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.03. The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.54 billion. GXO Logistics had a return on equity of 10.91% and a net margin of 0.98%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.79 EPS. Research analysts predict that GXO Logistics, Inc. will post 3.05 earnings per share for the current year.

Analyst Ratings Changes

GXO has been the topic of several analyst reports. TD Cowen lifted their target price on GXO Logistics from $69.00 to $72.00 and gave the company a “buy” rating in a research note on Wednesday. Truist Financial cut their price target on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Citizens Jmp assumed coverage on GXO Logistics in a report on Wednesday, July 15th. They set a “market perform” rating and a $80.00 price target for the company. Weiss Ratings raised GXO Logistics from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 16th. Finally, Citigroup lifted their price objective on shares of GXO Logistics from $65.00 to $66.00 and gave the company a “buy” rating in a research report on Thursday. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, GXO Logistics presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.00.

More GXO Logistics News

Here are the key news stories impacting GXO Logistics this week:

• Positive Sentiment: GXO earned $0.89 per share, above the $0.86 consensus, and revenue of about $3.59 billion also topped estimates. Revenue rose 5.7% year over year. Zacks Q3 earnings report
• Positive Sentiment: Management reiterated 2026 adjusted EPS guidance of $2.95–$3.15 and forecast more than $850 million in incremental revenue in 2027, supporting the growth outlook. GXO outlook report
• Positive Sentiment: CEO Patrick Kelleher sees growth accelerating and margins improving; reports also cite data-center demand and expanding AI and automation initiatives as potential drivers. Yahoo Finance CEO interview Logistics Management report
• Positive Sentiment: JPMorgan raised its target to $73 and maintained Overweight; Citi lifted its target to $66 with a Buy rating, and Oppenheimer raised its target to $65 with an Outperform rating. Read More., Read More., Read More.
• Neutral Sentiment: GXO shares moved lower despite the upbeat earnings, outlook, and analyst actions. The supplied reports do not point to a specific negative catalyst for the move.

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.