Gw Henssler & Associates 13F: Adds $888K to QXO Stake
Key Points
- Gw Henssler & Associates now holds 775,580 shares of QXO, Inc., reflecting a 10.9% increase in its position.
- The recent share price of QXO is about $10.48, which is below its 50-day and 200-day moving averages by 13.8% and 40.3%, respectively.
- Analysts have a consensus 'strong buy' rating for QXO, with a mean price target of $24.28, significantly above the current trading price.
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Gw Henssler & Associates boosted its position in QXO, Inc. by 75,992 shares in a filing on October 26, 2026. The firm now holds a total of 775,580 shares worth about $9,066,525. This increase represents a 10.9% rise in their stake, according to the latest Form 13F filed with the SEC.
QXO
QXO, Inc.
Where QXO Fits in Gw Henssler's Portfolio
This position accounts for 1.19% of Gw Henssler's total reported 13F value of approximately $758.9 million, ranking it 25th among the firm's holdings.
Other Institutional Activity in QXO
Tritonpoint Wealth reduced its holdings by 67,195 shares, now owning 414,373 shares valued at about $4.84 million. James Hambro & Partners maintained its position, holding 547,042 shares worth approximately $6.40 million. Sepio Capital added 77,900 shares for a total of 77,900 shares valued at about $910,651.
QXO, Inc. Stock Down 0.3%
As of October 26, 2026, QXO shares closed at $10.48. This price is about equal to where it recently traded, but it's significantly below the 50-day moving average of $12.15 and the 200-day average of $17.56. The stock is also down 62% from its 52-week high of $27.61.
Recent Earnings
QXO reported trailing twelve-month revenue of about $9.9 billion with a year-over-year revenue growth of 70.3%. The company has a negative net margin of 5.2% and a return on equity of -4.6%. The next earnings report is scheduled for November 5, 2026.
Dividend
QXO does not currently pay a dividend.
Insider Buying and Selling at QXO, Inc.
On November 6, 2024, MFN Partners LP, a beneficial owner of more than 10% of QXO's stock, sold 7 million shares at an average price of $15.05, valued at approximately $105.35 million. This transaction occurred before the current event.
Analysts Set New Price Targets
On August 25, 2026, DA Davidson initiated coverage with a 'Buy' rating and a price target of $26. RBC Capital maintained an 'Outperform' rating with a reduced target of $18 on October 7, 2026. Truist Securities also maintained a 'Buy' rating with a target of $15 on October 8, 2026. The consensus among analysts is a 'strong buy' with a mean target of $24.28.
About QXO, Inc.
QXO, Inc. distributes roofing, waterproofing, and complementary building products in the U.S. and Canada. The company offers a variety of materials for residential construction, including roofing and siding products.
Bottom Line
Investors should keep an eye on QXO's upcoming earnings report on November 5, 2026, and watch for any further filings from Gw Henssler & Associates regarding their stake in the company.
Related Filing Alerts
Source: Gw Henssler & Associates's 13F filing on $QXO (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts