Milford Funds Ltd. Invests $43.25 Million in GXO Logistics, Inc. $GXO

by · The Markets Daily

Milford Funds Ltd. purchased a new position in shares of GXO Logistics, Inc. (NYSE:GXO – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 821,627 shares of the company’s stock, valued at approximately $43,250,000.

Other hedge funds also recently modified their holdings of the company. Allworth Financial LP raised its position in shares of GXO Logistics by 175.0% during the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after purchasing an additional 329 shares during the period. Accredited Wealth Management LLC raised its position in shares of GXO Logistics by 1,100.0% during the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after purchasing an additional 550 shares during the period. Chapman Financial Group LLC acquired a new stake in shares of GXO Logistics during the second quarter worth about $34,000. Fifth Third Bancorp raised its position in shares of GXO Logistics by 22.0% during 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 during the period. Finally, Farther Finance Advisors LLC raised its position in shares of GXO Logistics by 85.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after purchasing an additional 653 shares during the period. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Stock Down 0.4%

Shares of GXO Logistics stock opened at $49.61 on Friday. The business’s 50 day simple moving average is $52.13 and its 200 day simple moving average is $54.51. GXO Logistics, Inc. has a 52-week low of $42.49 and a 52-week high of $66.85. The firm has a market cap of $5.71 billion, a PE ratio of 43.52, a P/E/G ratio of 1.65 and a beta of 1.56. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.85 and a current ratio of 0.85.

GXO Logistics (NYSE:GXO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. The firm had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.22 billion. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The business’s revenue was up 10.8% compared to the same quarter last year. During the same period last year, the company earned $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, analysts predict that GXO Logistics, Inc. will post 3.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GXO has been the topic of a number of recent research reports. Stifel Nicolaus set a $71.00 target price on GXO Logistics in a research report on Thursday, May 7th. The Goldman Sachs Group lowered GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 target price on the stock. in a research report on Wednesday, March 4th. Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. Wells Fargo & Company dropped their target price on GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Finally, Weiss Ratings lowered GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Eleven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $69.92.

View Our Latest Research Report on GXO Logistics

GXO Logistics Company Profile

(Free Report)

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.

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