GXO Logistics, Inc. (NYSE:GXO) Shares Bought by Kirr Marbach & Co. LLC IN

Kirr Marbach & Co. LLC IN lifted its position in GXO Logistics, Inc. (NYSE:GXO) by 57.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 155,720 shares of the company’s stock after buying an additional 56,581 shares during the period. GXO Logistics makes up 1.5% of Kirr Marbach & Co. LLC IN’s holdings, making the stock its 24th largest position. Kirr Marbach & Co. LLC IN owned about 0.13% of GXO Logistics worth $6,774,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of GXO. Global Alpha Capital Management Ltd. acquired a new stake in GXO Logistics in the 3rd quarter valued at about $32,434,000. Brown Brothers Harriman & Co. lifted its stake in GXO Logistics by 105.0% during the third quarter. Brown Brothers Harriman & Co. now owns 968,267 shares of the company’s stock valued at $50,418,000 after purchasing an additional 495,829 shares during the last quarter. River Road Asset Management LLC boosted its holdings in GXO Logistics by 40.4% during the third quarter. River Road Asset Management LLC now owns 1,308,532 shares of the company’s stock worth $68,135,000 after buying an additional 376,704 shares in the last quarter. Millennium Management LLC grew its position in GXO Logistics by 105.5% in the second quarter. Millennium Management LLC now owns 487,200 shares of the company’s stock worth $24,604,000 after buying an additional 250,113 shares during the last quarter. Finally, Mediolanum International Funds Ltd acquired a new stake in shares of GXO Logistics during the 3rd quarter valued at $6,819,000. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Price Performance

Shares of GXO opened at $45.87 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $5.48 billion, a PE ratio of 50.96, a PEG ratio of 1.23 and a beta of 1.60. The firm’s 50 day moving average price is $48.20 and its 200 day moving average price is $51.84. GXO Logistics, Inc. has a twelve month low of $41.38 and a twelve month high of $63.33.

GXO Logistics (NYSE:GXO) last released its quarterly earnings data on Monday, November 4th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.01. GXO Logistics had a net margin of 0.97% and a return on equity of 10.03%. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same quarter in the previous year, the business earned $0.69 EPS. GXO Logistics’s quarterly revenue was up 27.8% compared to the same quarter last year. As a group, research analysts expect that GXO Logistics, Inc. will post 2.73 EPS for the current fiscal year.

Analyst Ratings Changes

GXO has been the topic of a number of recent analyst reports. TD Cowen boosted their target price on GXO Logistics from $82.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Oppenheimer raised their target price on shares of GXO Logistics from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Citigroup began coverage on shares of GXO Logistics in a report on Wednesday, October 9th. They set a “buy” rating and a $60.00 price target on the stock. The Goldman Sachs Group lowered their price objective on shares of GXO Logistics from $63.00 to $54.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Barclays reduced their target price on GXO Logistics from $60.00 to $52.00 and set an “equal weight” rating for the company in a report on Wednesday, December 4th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $65.38.

GXO Logistics Company Profile

GXO Logistics, Inc, together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others.