5 Industrial Stocks to Buy Today According to Mario Gabelli’s GAMCO Investors

3. GATX Corporation (NYSE:GATX)

GAMCO Investors’ Stake Value: $175 million

Percentage of GAMCO Investors’ 13F Portfolio: 1.5%

Number of Hedge Fund Holders: 14

GATX Corporation (NYSE:GATX) is an American railcar leasing company that is headquartered in Chicago, Illinois, and was founded in 1898. It leases tanks and railcars for several heavy duty industries such as petroleum, chemical, agriculture, and transportation.

GAMCO Investors owned a $175 million stake in GATX Corporation (NYSE:GATX) as the fourth quarter of last year came to an end. This was in the form of 1.6 million shares and it represented 1.5% of the firm’s investment portfolio. During the same time period, 14 of the 924 hedge funds polled by Insider Monkey had also invested in the company.

GATX Corporation (NYSE:GATX)’s fiscal fourth quarter revenue and non-GAAP EPS stood at $321 million and $1.58, respectively as it beat analyst estimates for both metrics. Wells Fargo raised the company’s share price target to $120 from $110 in January 2022, stating that tailwinds in the leasing environment will benefit the company.

GATX Corporation (NYSE:GATX)’s largest investor after GAMCO Investors is Israel Englander’s Millennium Management. It has an $18 million stake that comes via 179,109 shares.