Garrett Motion Inc. $GTX Position Cut by Eubel Brady & Suttman Asset Management Inc.

Eubel Brady & Suttman Asset Management Inc. cut its stake in shares of Garrett Motion Inc. (NASDAQ:GTX) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,778,282 shares of the company’s stock after selling 98,869 shares during the period. Garrett Motion accounts for about 5.4% of Eubel Brady & Suttman Asset Management Inc.’s portfolio, making the stock its biggest position. Eubel Brady & Suttman Asset Management Inc.’s holdings in Garrett Motion were worth $48,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Spire Wealth Management raised its holdings in shares of Garrett Motion by 971.2% in the fourth quarter. Spire Wealth Management now owns 1,489 shares of the company’s stock worth $26,000 after buying an additional 1,350 shares during the period. TD Waterhouse Canada Inc. raised its holdings in shares of Garrett Motion by 1,422.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,705 shares of the company’s stock worth $30,000 after buying an additional 1,593 shares during the period. Harbor Capital Advisors Inc. raised its holdings in shares of Garrett Motion by 99.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,453 shares of the company’s stock worth $60,000 after buying an additional 1,720 shares during the period. Tower Research Capital LLC TRC purchased a new stake in shares of Garrett Motion in the second quarter worth approximately $45,000. Finally, Jones Financial Companies Lllp purchased a new stake in shares of Garrett Motion in the first quarter worth approximately $42,000. 86.27% of the stock is currently owned by hedge funds and other institutional investors.

Garrett Motion Stock Down 2.8%

Shares of 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 stock has a market cap of $5.80 billion, a P/E ratio of 18.12, a price-to-earnings-growth ratio of 1.03 and a beta of 0.70. The business’s 50 day moving average is $20.76 and its 200 day moving average is $18.93.

Garrett Motion (NASDAQ:GTX) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.06. Garrett Motion had a negative return on equity of 42.77% and a net margin of 9.29%.The company had revenue of $985.00 million for the quarter, compared to analysts’ expectations of $917.23 million. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. On average, sell-side analysts anticipate that Garrett Motion Inc. will post 1.83 EPS for the current fiscal year.

Garrett Motion Announces Dividend

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

Wall Street Analyst Weigh In

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

Key Garrett Motion News

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

Insider Transactions at Garrett Motion

In other Garrett Motion news, Director Julia Steyn sold 17,000 shares of the stock in a transaction 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 sale, the director owned 50,233 shares of the company’s stock, valued at approximately $997,627.38. This trade represents a 25.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Olivier Rabiller sold 144,000 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $20.32, for a total value of $2,926,080.00. Following the sale, the chief executive officer directly owned 905,546 shares in the company, valued at $18,400,694.72. This trade represents a 13.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 354,178 shares of company stock worth $7,375,587 in the last ninety days. 1.10% of the stock is owned by company insiders.

Garrett Motion Profile

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.