Thu Sep 19 08:58:59 UTC 2024: ## Victory Capital Management Reduces GATX Stake, Other Funds Adjust Holdings

**New York, NY – September 19, 2024** – Victory Capital Management Inc. trimmed its stake in transportation company GATX Co. (NYSE: GATX) by 2.3% in the second quarter, according to a recent SEC filing. The fund now owns 12,098 shares, worth $1,601,000.

Several other institutional investors have made changes to their GATX holdings in recent quarters. Notably, Private Advisor Group LLC initiated a new position in the fourth quarter, acquiring shares worth approximately $254,000. Norges Bank also entered the market with a new stake valued at $41,112,000. Meanwhile, UBS Group AG significantly increased its stake by 73.2% in the fourth quarter, now owning 51,988 shares worth $6,250,000.

GATX stock opened at $137.33 on Thursday. The company currently has a market capitalization of $4.89 billion and a price-to-earnings ratio of 19.56.

GATX declared a quarterly dividend of $0.58, payable on September 30th to shareholders of record on September 13th. This translates to an annualized dividend of $2.32 and a yield of 1.69%.

GATX Corporation, through its subsidiaries, operates as a leading railcar leasing company with operations in North America, Europe, and India. The company provides tank and freight railcars, as well as locomotives, for various industries including petroleum, chemicals, food, and transportation.

For more information on institutional holdings of GATX, visit HoldingsChannel.com.

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