Garmin (NYSE:GRMN) Director Sean Biddlecombe Sells 1,071 Shares of Stock

Garmin Ltd. (NYSE:GRMN) Director Sean Biddlecombe sold 1,071 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $240.76, for a total value of $257,853.96. Following the sale, the director directly owned 7,884 shares of the company’s stock, valued at approximately $1,898,151.84. This trade represents a 11.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Garmin Price Performance

Garmin stock opened at $248.65 on Friday. The company has a market cap of $47.82 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 2.34 and a beta of 1.00. Garmin Ltd. has a 12 month low of $169.26 and a 12 month high of $261.69. The stock’s 50-day moving average is $208.76 and its 200-day moving average is $220.62.

Garmin (NYSE:GRMN) last posted its earnings results on Wednesday, February 18th. The scientific and technical instruments company reported $2.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.39 by $0.40. Garmin had a net margin of 22.96% and a return on equity of 19.64%. The firm had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter in the prior year, the company earned $2.41 EPS. The company’s revenue was up 16.6% on a year-over-year basis. Garmin has set its FY 2026 guidance at 9.350-9.350 EPS. Research analysts anticipate that Garmin Ltd. will post 7.8 EPS for the current year.

Garmin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 26th. Stockholders of record on Friday, March 12th will be given a $1.05 dividend. The ex-dividend date of this dividend is Friday, March 12th. This represents a $4.20 annualized dividend and a dividend yield of 1.7%. Garmin’s dividend payout ratio is presently 41.86%.

Garmin News Summary

Here are the key news stories impacting Garmin this week:

• Positive Sentiment: Q4 results beat expectations — Garmin reported record Q4 revenue (~$2.12B) and pro forma EPS of $2.79, with strong double‑digit growth in Fitness, Aviation and Marine; management issued above‑consensus FY‑2026 guidance. Garmin’s Q4 Earnings Surpass Estimates
• Positive Sentiment: Capital returns boosted — company proposed a ~17% raise to the quarterly dividend and authorized a new $500M share‑repurchase program, improving shareholder yield and reducing float. Garmin Jumps on Guidance, Then Doubles Down on Buybacks and a Bigger Dividend
• Positive Sentiment: Upgrades and positive coverage — Zacks moved Garmin to a Rank #2 (Buy) and several outlets highlighted the company as a steady-growth name, supporting near‑term demand for the shares. All You Need to Know About Garmin (GRMN) Rating Upgrade to Buy
• Positive Sentiment: Additional analyst support — Morgan Stanley and other outlets published upgrades/comments after the results, and JPMorgan raised its price target (to $265), adding institutional credibility. Morgan Stanley upgrades Garmin (GRMN)
• Neutral Sentiment: Valuation considerations — coverage notes that Garmin now trades at a premium to the market (~mid‑20s P/E) after the move; some analysts still stress valuation even as growth outlook improves. Assessing Garmin (GRMN) Valuation After Earnings
• Negative Sentiment: Insider selling noted — data aggregators show insider sales in recent months, which some investors watch as a cautionary signal even amid strong company results. QuiverQuant analysis & insider activity

Analysts Set New Price Targets

GRMN has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Garmin in a research report on Thursday, January 22nd. Tigress Financial upped their target price on Garmin from $310.00 to $320.00 and gave the stock a “strong-buy” rating in a research report on Friday. Barclays set a $240.00 target price on Garmin in a research note on Thursday. Morgan Stanley raised their target price on Garmin from $193.00 to $195.00 and gave the company an “underweight” rating in a report on Thursday, October 30th. Finally, Longbow Research upgraded Garmin from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $254.00.

Institutional Trading of Garmin

Hedge funds and other institutional investors have recently modified their holdings of the business. Quaker Wealth Management LLC boosted its holdings in Garmin by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 132 shares of the scientific and technical instruments company’s stock valued at $28,000 after purchasing an additional 264 shares during the last quarter. Richardson Financial Services Inc. raised its position in shares of Garmin by 62.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 133 shares of the scientific and technical instruments company’s stock valued at $33,000 after purchasing an additional 51 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Garmin during the 4th quarter valued at approximately $34,000. Cornerstone Planning Group LLC grew its position in shares of Garmin by 788.9% during the third quarter. Cornerstone Planning Group LLC now owns 160 shares of the scientific and technical instruments company’s stock worth $39,000 after buying an additional 142 shares in the last quarter. Finally, GraniteShares Advisors LLC acquired a new stake in shares of Garmin during the fourth quarter worth approximately $41,000. 81.60% of the stock is owned by hedge funds and other institutional investors.

About Garmin

Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.

Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.