Garrett Motion Inc. $GTX Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Garrett Motion Inc. (NASDAQ:GTX) by 79.4% in the fourth quarter, HoldingsChannel reports. The firm owned 60,123 shares of the company’s stock after buying an additional 26,616 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Garrett Motion were worth $1,048,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GTX. Jones Financial Companies Lllp acquired a new position in Garrett Motion during the 1st quarter worth approximately $42,000. Jane Street Group LLC raised its position in Garrett Motion by 641.7% in the 1st quarter. Jane Street Group LLC now owns 90,919 shares of the company’s stock valued at $761,000 after purchasing an additional 78,661 shares during the last quarter. Cetera Investment Advisers purchased a new stake in Garrett Motion in the 2nd quarter valued at $121,000. Legal & General Group Plc raised its position in Garrett Motion by 30.4% during the 2nd quarter. Legal & General Group Plc now owns 97,486 shares of the company’s stock worth $1,024,000 after buying an additional 22,727 shares during the last quarter. Finally, Prudential Financial Inc. purchased a new position in Garrett Motion during the 2nd quarter worth $225,000. Institutional investors and hedge funds own 86.27% of the company’s stock.

Insider Transactions at Garrett Motion

In other news, CEO Olivier Rabiller sold 144,000 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $20.32, for a total transaction of $2,926,080.00. Following the transaction, the chief executive officer directly owned 905,546 shares in the company, valued at $18,400,694.72. This represents a 13.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $20.29, for a total transaction of $405,800.00. Following the transaction, the senior vice president owned 160,994 shares in the company, valued at approximately $3,266,568.26. The trade was a 11.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 337,000 shares of company stock worth $6,839,290 in the last three months. Company insiders own 1.10% of the company’s stock.

Garrett Motion Price Performance

Garrett Motion stock opened at $25.61 on Friday. Garrett Motion Inc. has a 12-month low of $9.57 and a 12-month high of $25.77. The stock has a market capitalization of $4.82 billion, a P/E ratio of 16.85, a P/E/G ratio of 0.86 and a beta of 0.44. The firm’s 50-day moving average is $19.08 and its two-hundred day moving average is $17.90.

Garrett Motion (NASDAQ:GTX) last released its quarterly earnings results on Thursday, April 30th. 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 net margin of 8.65% and a negative return on equity of 39.65%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, analysts forecast that Garrett Motion Inc. will post 1.74 EPS for the current year.

Garrett Motion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, June 1st. Garrett Motion’s dividend payout ratio is presently 21.05%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Freedom Capital raised shares of Garrett Motion to a “strong-buy” rating in a research note on Monday, April 6th. Weiss Ratings initiated coverage on shares of Garrett Motion in a research note on Wednesday. They set a “buy (b)” rating on the stock. Finally, BWS Financial raised their price target on shares of Garrett Motion from $22.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $20.80.

Garrett Motion News Summary

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

• Positive Sentiment: Q1 beat and upgraded outlook — Garrett reported $0.49 EPS vs. $0.43 consensus, revenue up ~12% year-over-year, $95M net income and raised its 2026 outlook; management highlighted margin improvement and cash generation, which drove investor optimism. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Positive Sentiment: Shares hit an all-time high on the earnings beat and upbeat guidance as traders rewarded the stronger growth trajectory and margin progress. Garrett Motion (GTX) Soars to All-Time High on Earnings Blowout, Upbeat Guidance
• Positive Sentiment: Commercial wins and product traction — Garrett disclosed new light‑vehicle turbo awards (including range‑extended EV programs), commercial vehicle and industrial production wins, and growing engagement for E‑Cooling and oil‑free compressors that expand exposure to electrification and industrial markets. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Positive Sentiment: Product application news — Coverage noted Garrett’s oil‑free compressors being evaluated/integrated into TONFY battery cooling units, underscoring potential aftermarket/EV cooling upside. Garrett’s Oil-Free Compressors Enter TONFY’s Battery Cooling Units Might Change The Case For Investing In GTX
• Positive Sentiment: Dividend declared — Garrett announced a $0.08 quarterly dividend (yield ~1.2%), which may attract income‑oriented investors and signals confidence in cash flow. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Neutral Sentiment: Full‑year revenue range set at about $3.6B–$3.9B (roughly around consensus) — the range shows growth ambition but leaves some execution risk tied to program ramps and mix. Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook
• Neutral Sentiment: Earnings call transcript available — useful for details on margin drivers, capex and EV exposure but contains no new headline surprises beyond the release. Garrett Motion Inc. (GTX) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Return on equity remains negative (reported ~‑39.7%), a structural profitability metric investors watch; although current margins improved, past losses and balance‑sheet dynamics still warrant monitoring. MarketBeat — Garrett Motion profile and metrics

Garrett Motion Company 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.