Garrett Motion (NASDAQ:GTX – Get Free Report) has been given a $36.00 price objective by stock analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 25.07% from the company’s current price.
A number of other research analysts have also commented on the company. Stifel Nicolaus raised their price target on Garrett Motion from $29.00 to $36.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Royal Bank Of Canada set a $42.00 target price on shares of Garrett Motion in a research report on Thursday, May 21st. Wall Street Zen cut shares of Garrett Motion from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Zacks Research downgraded shares of Garrett Motion from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Garrett Motion in a research note on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $37.80.
Read Our Latest Research Report on GTX
Garrett Motion Price Performance
Garrett Motion (NASDAQ:GTX – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.07. Garrett Motion had a negative return on equity of 42.77% and a net margin of 9.29%.The firm had revenue of $976.00 million for the quarter. During the same period in the previous year, the firm earned $0.42 EPS. The firm’s revenue was up 6.9% on a year-over-year basis. On average, equities analysts anticipate that Garrett Motion will post 1.81 EPS for the current fiscal year.
Insider Transactions at Garrett Motion
In other Garrett Motion news, CFO Sean Deason sold 110,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $31.93, for a total value of $3,512,300.00. Following the completion of the sale, the chief financial officer directly owned 261,909 shares of the company’s stock, valued at approximately $8,362,754.37. This represents a 29.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Daniel A. Ninivaggi sold 17,178 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $31.22, for a total transaction of $536,297.16. Following the transaction, the director owned 124,885 shares of the company’s stock, valued at approximately $3,898,909.70. This trade represents a 12.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 213,834 shares of company stock valued at $6,918,710 in the last three months. 1.10% of the stock is currently owned by insiders.
Institutional Trading of Garrett Motion
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. boosted its holdings in Garrett Motion by 7,110.0% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,442 shares of the company’s stock worth $25,000 after buying an additional 1,422 shares in the last quarter. Spire Wealth Management increased 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 valued at $26,000 after buying an additional 1,350 shares in the last quarter. Global Retirement Partners LLC increased its holdings in shares of Garrett Motion by 156.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,589 shares of the company’s stock valued at $28,000 after buying an additional 970 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of 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 acquiring an additional 1,593 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Garrett Motion during the 1st quarter valued at $42,000. 86.27% of the stock is owned by institutional investors and hedge funds.
More Garrett Motion News
Here are the key news stories impacting Garrett Motion this week:
- Positive Sentiment: Second-quarter earnings beat estimates: Garrett Motion reported adjusted earnings of $0.53 per share, compared with the $0.46 consensus estimate and $0.42 in the year-ago period. Revenue increased 6.9% year over year to $976 million. Garrett Motion Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Solid operating performance: Second-quarter net income was $101 million, adjusted EBIT reached $152 million with a 15.6% margin, and adjusted free cash flow totaled $122 million. Sales growth was driven by gains in passenger vehicles as well as strong commercial-vehicle and industrial demand. Garrett Motion Reports Strong Second Quarter 2026 Results
- Positive Sentiment: 2026 outlook increased: Management raised its full-year outlook and projected revenue of approximately $3.7 billion to $3.9 billion, broadly in line with the $3.8 billion analyst consensus. The higher forecast reinforces expectations for continued earnings momentum. Garrett Motion Q2 2026 Earnings Call Highlights
- Positive Sentiment: New business wins improve visibility: Garrett secured turbocharger programs in North America, China and India; multiple data-center genset awards; a commercial-vehicle e-powertrain development project with a Japanese truck maker; and an industrial air-compression production award. Garrett Motion Business Highlights
- Neutral Sentiment: Dividend declared: The company announced a quarterly dividend of $0.08 per share, payable September 15 to shareholders of record September 1. The annualized yield is approximately 1.1%, providing modest shareholder income but likely having limited effect on the stock relative to the earnings update.
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.
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