Garrett Motion Inc. $GTX Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL boosted its position in shares of Garrett Motion Inc. (NASDAQ:GTX) by 2.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,045,828 shares of the company’s stock after acquiring an additional 48,319 shares during the period. Gamco Investors INC. ET AL’s holdings in Garrett Motion were worth $35,659,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. D Orazio & Associates Inc. raised its position in Garrett Motion by 7.2% during the third quarter. D Orazio & Associates Inc. now owns 15,101 shares of the company’s stock worth $206,000 after acquiring an additional 1,015 shares during the period. Spire Wealth Management raised its position in Garrett Motion by 971.2% during the fourth quarter. Spire Wealth Management now owns 1,489 shares of the company’s stock worth $26,000 after acquiring an additional 1,350 shares during the period. Baron Wealth Management LLC raised its position in Garrett Motion by 6.3% during the fourth quarter. Baron Wealth Management LLC now owns 26,446 shares of the company’s stock worth $461,000 after acquiring an additional 1,570 shares during the period. TD Waterhouse Canada Inc. raised its position in Garrett Motion by 1,422.3% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,705 shares of the company’s stock worth $30,000 after acquiring an additional 1,593 shares during the period. Finally, Harbor Capital Advisors Inc. raised its position in Garrett Motion by 99.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,453 shares of the company’s stock worth $60,000 after acquiring an additional 1,720 shares during the period. Institutional investors and hedge funds own 86.27% of the company’s stock.

Garrett Motion Price Performance

Shares of NASDAQ GTX opened at $30.98 on Monday. The firm has a 50-day simple moving average of $20.76 and a 200-day simple moving average of $18.94. The stock has a market capitalization of $5.80 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.03 and a beta of 0.70. Garrett Motion Inc. has a 52 week low of $9.57 and a 52 week high of $32.44.

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

Garrett Motion Announces Dividend

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

Insider Buying and Selling at Garrett Motion

In other news, Director Julia Steyn sold 17,000 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $19.86, for a total value of $337,620.00. Following the completion of the sale, the director directly owned 50,233 shares in the company, valued at $997,627.38. This represents a 25.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Daniel Deiro sold 20,000 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $20.29, for a total transaction of $405,800.00. Following the completion of the sale, the senior vice president owned 160,994 shares of the company’s stock, valued at $3,266,568.26. This trade represents a 11.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 354,178 shares of company stock valued at $7,375,587 over the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Trending Headlines about Garrett Motion

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 equities analysts have weighed in on the stock. BWS Financial upped their price objective on shares of Garrett Motion from $22.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings assumed coverage on shares of Garrett Motion in a research report on Wednesday, April 29th. They set a “buy (b)” rating for the company. JPMorgan Chase & Co. upped their price objective on shares of Garrett Motion from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Thursday. Stifel Nicolaus upped their price objective on shares of Garrett Motion from $29.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $24.00 price objective on shares of Garrett Motion in a research report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $27.80.

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.