Mario Gabelli Stock Portfolio: 5 Top Stock Picks

2. GATX Corporation (NYSE:GATX)

Number of Hedge Fund Holders: 14   

GATX Corporation (NYSE:GATX) is a railcar leasing firm. According to latest 13F data, as of the end of September 2023, the fund holds a stake in the firm worth more than $158 million, consisting of over 1.4 million shares. 

On October 25, investment advisory TD Cowen maintained a Market Perform rating on GATX Corporation (NYSE:GATX) stock and lowered the price target to $122 from $137, noting that revenue growth next year would be offset by lower gains on asset sales and higher interest expense. 

At the end of the second quarter of 2023, 14 hedge funds in the database of Insider Monkey held stakes worth $231 million in GATX Corporation (NYSE:GATX), compared to 12 in the previous quarter worth $204 million.