Mario Gabelli’s Top 5 Stock Picks

2. GATX Corporation (NYSE:GATX)

GAMCO Investors’ Stake Value: $163,234,984

Number of Hedge Fund Holders: 13

GATX Corporation (NYSE:GATX) is an American railcar leasing company with operations in North America, Asia, and Europe. On January 27, the company declared a quarterly cash dividend of $0.55 per common share, up 5.8% from the company’s prior dividend of $0.52. The dividend is payable on March 31 to stockholder of record on March 3. As of March 17, the stock is offering a forward dividend yield of 2.13%.

GATX Corporation (NYSE:GATX) is one of Mario Gabelli’s top stock picks and his hedge fund has a sizable position in it. As of December 31, GAMCO Investors’ stake in the company is valued at $163.2 million and the investment covers 1.75% of Mario Gabelli’s 13F portfolio.

At the close of the fourth quarter of 2022, 13 hedge funds were long GATX Corporation (NYSE:GATX) and disclosed positions worth $196.3 million in the company. This is compared to 14 hedge funds in the previous quarter with stakes worth $183.1 million.