Key Points
- GATX SVP Eren Doygun sold 1,000 shares at an average price of $179.52, reducing their direct ownership by 15.82% to 5,323 shares.
- GATX reported quarterly EPS of $2.84, beating estimates of $2.46, while revenue rose 34.8% year over year to $580.1 million. The company provided fiscal 2026 EPS guidance of $9.90–$10.30.
- The company declared a quarterly dividend of $0.66, equivalent to $2.64 annually and a 1.5% yield. Analysts maintain a consensus “Buy” rating with a $219 price target, versus a recent share price of $178.53.
GATX Corporation (NYSE:GATX - Get Free Report) SVP Eren Doygun sold 1,000 shares of GATX stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $179.52, for a total value of $179,520.00. Following the transaction, the senior vice president directly owned 5,323 shares of the company's stock, valued at approximately $955,584.96. This represents a 15.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
GATX Stock Up 0.0%
GATX opened at $178.53 on Friday. 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 company has a market cap of $6.30 billion, a price-to-earnings ratio of 17.68 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 business's fifty day moving average is $178.77 and its two-hundred day moving average is $180.17.
GATX (NYSE:GATX - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating analysts' consensus estimates of $2.46 by $0.38. The business had revenue of $580.10 million during the quarter, compared to analysts' expectations of $598.77 million. GATX had a return on equity of 10.43% and a net margin of 17.94%.The business's revenue for the quarter was up 34.8% on a year-over-year basis. During the same quarter last year, the business posted $2.06 earnings per share. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Analysts anticipate that GATX Corporation will post 10.1 EPS for the current fiscal year.
GATX Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 15th. GATX's dividend payout ratio is presently 26.14%.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on GATX. Citigroup lifted their target price on shares of GATX from $214.00 to $215.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Weiss Ratings lowered shares of GATX from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. Susquehanna increased their price target on shares of GATX from $218.00 to $220.00 and gave the company a "positive" rating in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $222.00 price objective on shares of GATX in a research note on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, GATX presently has a consensus rating of "Buy" and a consensus price target of $219.00.
Read Our Latest Report on GATX
Institutional Trading of GATX
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC boosted its stake in shares of GATX by 364.5% during the third quarter. Larson Financial Group LLC now owns 144 shares of the transportation company's stock valued at $25,000 after acquiring an additional 113 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in GATX during the 4th quarter worth about $27,000. Los Angeles Capital Management LLC acquired a new position in GATX in the 4th quarter valued at about $27,000. Rothschild Investment LLC raised its stake in GATX by 127.6% in the 4th quarter. Rothschild Investment LLC now owns 173 shares of the transportation company's stock valued at $29,000 after purchasing an additional 97 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in GATX in the 2nd quarter valued at about $32,000. 93.14% of the stock is currently owned by hedge funds and other institutional investors.
GATX Company Profile
(
Get Free Report)
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.
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