New insider activity at GATX ( (GATX) ) has taken place on February 7, 2025.
Robert Zmudka, the Senior Vice President and Chief Commercial Officer, has recently sold 4,800 shares of GATX stock. This transaction amounts to a total value of $786,367.
Recent Updates on GATX stock
GATX Corporation has reported strong financial performance for Q4 and the full year of 2024, marked by a significant increase in net income and investment activities. The company declared a 5.2% increase in its quarterly dividend, reflecting confidence in its long-term outlook and strong cash flows. GATX’s earnings call highlighted robust net income growth, with favorable conditions in rail and engine leasing, despite challenges in the European market and rising costs. The positive sentiment was driven by high fleet utilization rates, strategic investments, and strong demand for its assets, particularly in North America. Looking ahead, GATX anticipates continued growth in 2025, forecasting earnings per share between $8.30 and $8.70, driven by stable leasing markets and increased lease revenues despite expected higher maintenance and interest expenses.
More about GATX
YTD Price Performance: 8.87%
Average Trading Volume: 172,213
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.88B
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