Buy tech sell-off, Wedbush’s Ives says: ’this is a 1996 moment, not 1999’
GATX Corp has reached a significant milestone, with its stock price hitting an all-time high of $174.88. The company, with a market capitalization of $6.2 billion, has demonstrated impressive financial strength, maintaining dividend payments for 55 consecutive years and achieving a robust gross profit margin of 74%. This achievement underscores a robust year for the company, as its stock has seen a notable increase of 26.16% over the past 12 months. The rise to this all-time high reflects investor confidence and positive market sentiment surrounding GATX’s performance and future prospects. According to InvestingPro analysis, the stock appears slightly overvalued at current levels, with analysts setting price targets between $182 and $190. Discover more insights and 13 additional ProTips for GATX in the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, GATX Corporation reported robust financial results for the second quarter of 2025. The company achieved an earnings per share of $2.06, surpassing the projected $1.95. Additionally, GATX’s revenue exceeded expectations, reaching $430.5 million compared to the forecasted $425.52 million. In a separate development, GATX has cleared a significant regulatory milestone for its planned acquisition of Wells Fargo’s rail operating lease portfolio. The expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act marks a step forward in the transaction, which had already received European Commission clearance in August. The deal, conducted through a joint venture with Brookfield Infrastructure, still awaits approval from Canadian and Mexican authorities and is expected to close by the first quarter of 2026 or earlier. These recent developments highlight GATX’s strategic progress and financial performance.
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