Leuthold Group LLC Purchases 88,667 Shares of Garrett Motion Inc. $GTX

Leuthold Group LLC increased its position in Garrett Motion Inc. (NASDAQ:GTX) by 36.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 333,232 shares of the company’s stock after acquiring an additional 88,667 shares during the quarter. Leuthold Group LLC’s holdings in Garrett Motion were worth $5,808,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. William Blair Investment Management LLC boosted its stake in Garrett Motion by 51.0% in the 3rd quarter. William Blair Investment Management LLC now owns 7,715,824 shares of the company’s stock worth $105,090,000 after purchasing an additional 2,605,296 shares in the last quarter. Vanguard Group Inc. raised its position in Garrett Motion by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 4,424,546 shares of the company’s stock worth $77,120,000 after buying an additional 234,735 shares during the last quarter. LSV Asset Management purchased a new position in Garrett Motion in the 3rd quarter worth about $58,247,000. Dimensional Fund Advisors LP raised its position in Garrett Motion by 2.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,186,089 shares of the company’s stock worth $43,390,000 after buying an additional 70,155 shares during the last quarter. Finally, Merewether Investment Management LP purchased a new position in Garrett Motion in the 3rd quarter worth about $40,590,000. Institutional investors own 86.27% of the company’s stock.

Garrett Motion News Roundup

Here are the key news stories impacting Garrett Motion this week:

• Positive Sentiment: JPMorgan Chase raised its price target on Garrett Motion and reiterated an overweight/buy-type stance, signaling confidence in the company’s near-term upside. JPMorgan Raises Garrett Motion Price Target
• Positive Sentiment: Analysts also highlighted rising earnings estimate revisions, which often supports a stock as investors grow more optimistic about future profits. Rising Earnings Estimates Article
• Positive Sentiment: News that Garrett Motion’s partnership with Ingersoll Rand is fitting into strong share-price momentum suggests investors are rewarding strategic progress and business execution. Garrett Motion Partnership With Ingersoll Rand
• Positive Sentiment: The company also lifted its 2026 outlook after a strong first quarter, reinforcing the view that fundamentals are improving. Garrett Motion Lifts 2026 Outlook After Strong Q1
• Neutral Sentiment: Director Daniel A. Ninivaggi sold 17,178 shares in a pre-arranged Rule 10b5-1 transaction. While insider sales can draw attention, the planned nature of the trade makes it less concerning than an open-market sale. SEC Filing for Insider Sale

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on GTX. Weiss Ratings began coverage on Garrett Motion in a research report on Wednesday, April 29th. They issued a “buy (b)” rating for the company. Freedom Capital lowered Garrett Motion from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their target price on Garrett Motion from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Thursday. BWS Financial boosted their target price on Garrett Motion from $22.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Stifel Nicolaus upped their price target on shares of Garrett Motion from $29.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.80.

Insider Activity

In related news, SVP Daniel Deiro sold 20,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $20.29, for a total value of $405,800.00. Following the completion of the sale, the senior vice president directly owned 160,994 shares of the company’s stock, valued at approximately $3,266,568.26. This represents a 11.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Julia Steyn sold 17,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $19.86, for a total transaction of $337,620.00. Following the completion of the sale, the director directly owned 50,233 shares of the company’s stock, valued at $997,627.38. This represents a 25.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 354,178 shares of company stock valued at $7,375,587. 1.10% of the stock is owned by insiders.

Garrett Motion Stock Down 2.8%

NASDAQ GTX opened at $30.98 on Friday. Garrett Motion Inc. has a 52 week low of $9.57 and a 52 week high of $32.44. The firm has a market capitalization of $5.80 billion, a P/E ratio of 18.12, a PEG ratio of 1.03 and a beta of 0.70. The company has a 50-day moving average price of $20.76 and a 200-day moving average price of $18.93.

Garrett Motion (NASDAQ:GTX) last released its quarterly earnings results on Friday, May 1st. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.43 by $0.06. Garrett Motion had a net margin of 9.29% and a negative return on equity of 42.77%. The firm had revenue of $985.00 million during the quarter, compared to analyst estimates of $917.23 million. The company’s revenue was up 12.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Garrett Motion Inc. will post 1.83 EPS for the current year.

Garrett Motion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.32 annualized dividend and a dividend yield of 1.0%. Garrett Motion’s dividend payout ratio is presently 18.71%.

About Garrett Motion

Garrett Motion Inc is a technology leader specializing in the design, development and manufacture of turbocharging systems and related technologies for the global automotive industry. Its product portfolio includes conventional exhaust gas turbochargers, variable-geometry turbochargers, electric and e-boost turbochargers, as well as electronic actuators, sensors and thermal management systems. The company’s solutions are engineered to improve engine efficiency, reduce emissions and support automakers’ efforts to meet evolving regulatory standards for fuel economy and air quality.

Garrett Motion traces its roots to the founding of AiResearch by Cliff Garrett in 1936, a pioneer in aircraft and automotive turbocharging technologies.