Gatx Corp Stock Price, News & Analysis

GATX Corporation (NYSE:GATX), a global railcar leasing leader, has announced that its subsidiary GATX Rail Europe (GRE) will acquire approximately 6,000 railcars from DB Cargo AG, one of Europe's largest rail freight operators.

The transaction includes a leaseback agreement where DB Cargo will continue to use the railcars. The deal, expected to close by the end of 2025 pending regulatory approvals, will expand GRE's fleet beyond its current 30,500 wagons. The portfolio includes various freight railcar types, though specific transaction terms and purchase price will be disclosed upon closing.

GATX Corporation (NYSE:GATX) announced a significant milestone in its pending acquisition of Wells Fargo's rail operating lease portfolio. The Hart-Scott-Rodino waiting period has expired, marking a key regulatory clearance for the transaction. The deal, which will be executed through a joint venture with Brookfield Infrastructure, has already received European Commission approval in August 2025.

The transaction still requires clearance from Canadian and Mexican competition authorities. GATX anticipates the deal closing in Q1 2026 or earlier. This acquisition represents a strategic expansion of GATX's transportation asset leasing business, which includes railcars, aircraft spare engines, and tank containers.

GATX Corporation (NYSE:GATX) reported strong Q2 2025 results with net income of $75.5 million ($2.06 per diluted share), up from $44.4 million ($1.21 per diluted share) in Q2 2024. The company raised its 2025 full-year earnings guidance to $8.50-$8.90 per diluted share.

Key highlights include Rail North America's fleet utilization remaining high at 99.2%, with a robust renewal success rate of 84.2%. The Lease Price Index showed a positive 24.2% renewal rate change. Investment volume reached $219.0 million in Q2 and $515.3 million year-to-date. Rail International saw mixed results with GATX Rail Europe's utilization declining to 93.3%, while Rail India maintained strong 99.6% utilization.

The company continues to progress on its joint venture with Brookfield Infrastructure to acquire Wells Fargo's rail assets, expected to close in Q1 2026 or sooner.

GATX Corporation (NYSE:GATX) has declared a quarterly dividend of $0.61 per common share, maintaining the same level as the previous quarter. The dividend will be payable on September 30, 2025, to shareholders of record on September 15, 2025.

GATX, headquartered in Chicago, is a transportation asset leasing company specializing in railcars, aircraft spare engines, and tank containers. The company has maintained an impressive track record of paying uninterrupted quarterly dividends since 1919, spanning over a century of consistent shareholder returns.

GATX Corporation (NYSE:GATX) has announced the appointment of Robert "Bob" S. Wetherbee to its board of directors. Wetherbee, who will serve on both the Audit and Compensation Committees, brings the total board membership to nine directors, with eight being independent.

Wetherbee, 65, currently serves as executive chairman of ATI Inc. (NYSE:ATI), a producer of high-performance materials for aerospace and defense markets. His extensive 40-year career includes leadership roles at Alcoa Inc., Minerals Technologies, and Metalspectrum.com. He also serves as board chair of Commercial Metals Company since September 2024.

GATX, headquartered in Chicago since 1898, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers globally. The company has maintained an uninterrupted quarterly dividend since 1919.

GATX Corporation (NYSE:GATX) has scheduled its 2025 second-quarter earnings release and conference call for July 29, 2025. The company will release its financial results before the market opens and host a conference call at 11:00 AM Eastern Time on the same day.

The earnings conference call will be accessible via telephone, with domestic dial-in at 1-800-715-9871 and international dial-in at 1-646-307-1963. A live webcast will also be available on GATX's website. A replay of the call will be available starting at 2:00 PM Eastern Time on July 29, 2025.

GATX Corporation (NYSE: GATX) announced that President and CEO Robert C. Lyons will present at the 2025 Wells Fargo Industrials Conference on June 10, 2025, at 12:45 p.m. CT. The presentation will be accessible via live webcast on GATX's website, with the recording available for 90 days afterward. GATX, founded in 1898 and headquartered in Chicago, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers globally. The company has maintained an uninterrupted quarterly dividend since 1919, demonstrating its long-standing financial stability.

GATX Corporation (NYSE: GATX) and Brookfield Infrastructure have announced a joint venture to acquire Wells Fargo's rail assets in a significant $4.4 billion deal. The acquisition includes approximately 105,000 railcars through the joint venture, with initial ownership split between GATX (30%) and Brookfield Infrastructure (70%). GATX will have the option to acquire 100% of the joint venture equity over time.

The fleet consists primarily of freight cars (95%) with current utilization at 97%. The transaction will be financed through a combination of partner equity contributions and a $3.2 billion 5-year unsecured term loan. GATX's initial equity contribution will be approximately $400 million. The deal is expected to close in Q1 2026 or sooner, subject to regulatory approvals. The company expects the transaction to be modestly accretive to earnings per share in the first full year after closing.

GATX (NYSE: GATX) has announced its quarterly dividend of $0.61 per common share, maintaining the same rate as the previous quarter. The dividend will be payable on June 30, 2025, to shareholders of record on June 13, 2025.

GATX, headquartered in Chicago since 1898, specializes in leasing transportation assets including railcars, aircraft spare engines, and tank containers to customers worldwide. The company has maintained an impressive track record of paying uninterrupted quarterly dividends since 1919, demonstrating its long-standing commitment to shareholder returns.