Comerica Bank Acquires 45,370 Shares of Garrett Motion Inc. $GTX

Comerica Bank raised its holdings in Garrett Motion Inc. (NASDAQ:GTX) by 22.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 251,371 shares of the company’s stock after buying an additional 45,370 shares during the quarter. Comerica Bank’s holdings in Garrett Motion were worth $4,381,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. D Orazio & Associates Inc. boosted its position in shares of Garrett Motion by 7.2% in the third quarter. D Orazio & Associates Inc. now owns 15,101 shares of the company’s stock valued at $206,000 after acquiring an additional 1,015 shares during the period. Spire Wealth Management increased 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 stake in Garrett Motion by 6.3% during the 4th quarter. Baron Wealth Management LLC now owns 26,446 shares of the company’s stock valued at $461,000 after purchasing an additional 1,570 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in Garrett Motion by 1,422.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,705 shares of the company’s stock valued at $30,000 after purchasing an additional 1,593 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in Garrett Motion by 99.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,453 shares of the company’s stock valued at $60,000 after purchasing an additional 1,720 shares during the period. 86.27% of the stock is owned by institutional investors.

Key Headlines Impacting Garrett Motion

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

• Positive Sentiment: Q1 beat and raised guidance — Garrett reported $0.49 EPS vs. $0.43 expected and $985M revenue vs. $917M expected; revenue +12% YoY, net income $95M, adjusted EBIT $151M and raised its 2026 outlook across key metrics. This is the primary catalyst behind the stock’s rise. GTX Q1 Earnings Beat
• Positive Sentiment: Product wins and program awards — Garrett announced multiple light-vehicle turbo program awards (including range-extended EVs), a volume extension for light commercial diesel, commercial/industrial awards (power generation), and E-Powertrain / E-Cooling production awards, supporting medium-term revenue growth. Q1 Results & Business Highlights
• Positive Sentiment: Commercial traction in battery/thermal products — Coverage highlights Garrett’s oil-free compressors and battery-cooling (TONFY) engagement and growing industrial E-Cooling involvement, reinforcing exposure to EV and energy storage markets. Oil-Free Compressors / TONFY
• Positive Sentiment: Dividend declared — Board approved a quarterly dividend of $0.08 per share (annualized yield ~1.2%), signaling confidence in cash flow and returning some capital to shareholders. (Record/Pay dates announced.)
• Neutral Sentiment: Investor materials available — Earnings presentation and full call transcript provide more detail on margin drivers, program timing and cash flow; useful for investors modeling FY26. Earnings Presentation Call Transcript
• Neutral Sentiment: Narrative reassessment — Coverage notes that recent beats and guidance are reshaping the GTX investment thesis (assumptions on growth, margins and EV exposure); this may change analyst models but requires watching execution vs. targets. Narrative Piece
• Negative Sentiment: Capital-efficiency metric remains a concern — Despite the beat, Garrett still shows a negative return on equity (around -39.6% reported previously), which highlights past losses/structural capital issues that investors should monitor as the company scales. Market Data / Ratios

Wall Street Analysts Forecast Growth

Several analysts have issued reports on GTX shares. 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 report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $24.00 price objective on shares of Garrett Motion in a research report on Friday. Weiss Ratings assumed coverage on Garrett Motion in a research report on Wednesday. They set a “buy (b)” rating on the stock. Finally, Freedom Capital upgraded Garrett Motion to a “strong-buy” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.80.

Insider Buying and Selling

In related news, CEO Olivier Rabiller sold 144,000 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $20.32, for a total transaction of $2,926,080.00. Following the completion of the sale, the chief executive officer directly owned 905,546 shares of the company’s stock, valued at $18,400,694.72. This trade represents a 13.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Julia Steyn sold 17,000 shares of the firm’s stock in a transaction on 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 owned 50,233 shares of the company’s stock, valued at approximately $997,627.38. This trade represents a 25.29% 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. Insiders own 1.10% of the company’s stock.

Garrett Motion Price Performance

Garrett Motion stock opened at $25.87 on Friday. The business has a 50 day simple moving average of $19.08 and a 200 day simple moving average of $17.94. The company has a market capitalization of $4.87 billion, a PE ratio of 15.13, a price-to-earnings-growth ratio of 1.08 and a beta of 0.69. Garrett Motion Inc. has a one year low of $9.57 and a one year high of $26.38.

Garrett Motion (NASDAQ:GTX) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $917.23 million. Garrett Motion’s revenue was up 12.2% on a year-over-year basis. Equities analysts anticipate that Garrett Motion Inc. will post 1.75 earnings per share for the current fiscal year.

Garrett Motion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 yield of 1.2%. The ex-dividend date of this dividend is Monday, June 1st. Garrett Motion’s dividend payout ratio (DPR) is currently 21.05%.

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.