New insider activity at GATX ( (GATX) ) has taken place on February 8, 2025.
In recent transactions involving GATX stock, SVP of Engineering and Quality, John Sbragia, sold 2,100 shares, amounting to a sale worth $349,944. Additionally, SVP & CIO Niyi Adedoyin offloaded 5,867 shares, resulting in a transaction valued at $978,511.
Recent Updates on GATX stock
GATX Corporation recently announced a quarterly dividend increase of 5.2%, reflecting the board’s positive outlook on the company’s long-term prospects and strong cash flow. The company reported robust Q4 and full-year 2024 financial results, with significant net income growth driven by high fleet utilization and strategic investments in rail and engine leasing. GATX’s earnings call highlighted record net income, a high lease renewal success rate, and strong engine leasing performance. However, challenges were noted in the European market and rising maintenance and interest costs. Despite these challenges, GATX anticipates continued growth in 2025, with projected earnings per share between $8.30 and $8.70, supported by stable railcar leasing markets and increased lease revenues.
More about GATX
YTD Price Performance: 9.50%
Average Trading Volume: 168,960
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.92B
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